Address
481 Race Ground Rd Somerset, VA
Price
$ 1,775,000
Property Attributes
  • MLS#574866
  • TypePending
  • CountyMADISON
  • CitySomerset
  • AreaMadison
  • Zip22972
  • Style
  • Taxes4652
  • Price$ 1,775,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size360 Acres
Listing Provided Courtesy Of:
GAYLE HARVEY REAL ESTATE, INC
Property Description

This Madison County Farm of 360+/- acres offers grazing land, crop land, equipment buildings, two homes & frontage on the Rapidan River. The established cattle pastures have cross-fencing & automatic waterers. Recreational opportunities abound---fishing, hunting, fox hunting & canoeing. This property offers great privacy and nice distant Blue Ridge Mountain views. Less than 2 hours from D.C. & 35 minutes from Charlottesville. Just minutes from wineries, great restaurants & Montpelier. The land is not under a conservation easement. If you are looking for a turn-key cattle and crop farm, this is it!

Elementary School Middle School High School
Madison Primary Elementary School Wetsel Middle School Madison (Madison) High School
Price History
4/16/2018 Listed $2,500,000
8/2/2018 10% - $2,250,000
6/24/2019 12% - $2,000,000
11/4/2019 3% - $1,950,000
6/15/2020 9% - $1,775,000

General Features

Best Use Farming, Grazing, Investment
Class LAND
Current Use Crops, Farm, Pasture
Electric Routed to Property
Farm Animals Alpaca/Llama, Chickens, Cows, Domestic Pets, General Livestock, Goats, Horses, Pigs, Turkeys
Green Features No
HOA No
High School Madison (Madison)
Legal Description Portion of TM 69-2
Listing Area Madison
Middle School Wetsel
Price Per Sq Ft 4930.56
Status Pending
Status Pending
Subdivision NONE
Tax Year 2019
Taxes 4652.9
Type Agricultural
View Blue Ridge View, Mountain View, Pastoral View, Water View
Water Individual Well
Zoning A1 Agricultural

Interior Features

Road/street Public Rd

Exterior Features

Driveway Yes
Farm Improvements Barn(s), Equipment Bldg, Grain Building, Silo, Stock Barn
Fence Condition Good, Fenced Partially, High Tensile, Woven Wire
Fenced Yes
In Land Use Yes
Land Description Bottomland, Elevated, Gently Rolling, Partly Wooded, Water Front
Lot Size Area 360
Sewer/Septic Septic Tank
Timber Hardwood
Water Property River, Stream-Creek

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22972

Price
AVG $1.95M
$1.78M
Taxes
AVG $4,561
$4,652
Visits
AVG 182
23

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