Active

510 Mount Pleasant Farm Road

Scottsville VA, 24590

$52,600,000


Active

Residential

Built in 2005

Mount Ida Reserve is a once-in-a-lifetime opportunity located just outside the vibrant city of Charlottesville, Virginia, and only minutes from the stunning Trump Winery, Albemarle Estate, and The University of Virginia. Nestled in the heart of Southern Albemarle County along the historic Blenheim Road, this extraordinary property is surrounded by world-class attractions, including Monticello, Ashlawn Highland, Dave Matthews' Blenheim Vineyards, Grace Vineyard, and Steve Case's Early Mountain Vineyard. This premier location offers a unique chance to own a piece of Virginia's most distinguished landscape.

The former estate of Bernard Arnault, Mount Ida Reserve, has been meticulously transformed over the past two decades by its current owners. Boasting more than twice the acreage of nearby Trump Winery & Estate, this property stands out for its unparalleled scale and physical features, including miles of private river frontage, stunning mountain views, rolling hills, fertile farmland, hardwood forests, and a privately owned 45-acre lake with pristine beaches.

Free from conservation easements, the property offers endless possibilities for development or preservation. The owners have invested significantly in infrastructure throughout the expansive acreage, creating a fully equipped and modernized estate. Highlights include high-speed fiber-optic connectivity, miles of underground power lines, a concrete dam, 15 miles of paved roads, 25 miles of board fencing, and multiple automated wrought iron gated entrances. The property is also supported by five diesel backup generators and features 25 springs, ensuring unmatched self-sufficiency and security.

An impressive collection of structures enhances the estate, including large manor homes and single-family residences, award-winning event facilities, stable barns, storage buildings, and more. This exceptional property is ideal for a family compound, corporate retreat, flagship corporate campus, or a long-term investment opportunity. With 150 by-right parcels, Mount Ida Reserve is also uniquely positioned for future development. Alternatively, it presents an attractive option for conservation or stream impact easements, offering significant tax benefits.

The estate includes well-trained, experienced staff for seamless management and operations, making it a turnkey investment. Additionally, a comprehensive hotel study for a 100-key hotel, prepared by HVS, is available for review. Whether envisioned as a private sanctuary, an iconic event venue, or a development opportunity, Mount Ida Reserve represents an unparalleled offering in one of Virginia's most celebrated regions.

VAAB2000428

MLS ID

June 29, 2023

Listed

November 27, 2024

Updated

Map

510 Mount Pleasant Farm Road
Scottsville VA, 24590

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

2,784 Acres


Architectual Style

Other


Sewer

Septic Tank

School Information

School District

ALBEMARLE COUNTY PUBLIC SCHOOLS

Other Property Details

Taxes

$39,430


Tax Frequency

Annually


Days on Market

518


Garage

No


View

No


County

ALBEMARLE


Water Source

Well, Private


Pool

No

Listed by TTR Sotheby's International Realty
Listing Contact: 2029383685 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/27/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/27/2024 at 10:19 PM UTC

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