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For sale
  • $3,250,000

    3500 Sunset Lodge Ct, Charlottesville, VA 22903

    4beds
    4baths
    5,910sqft
    : 
    MultiFamily
    Built in 1938
    -- sqft lot
    $2,959,500 Zestimate®
    $550/sqft
    $-- HOA

    What's special

    Events or office useShells awaiting creative renovationVersatile spaceFully equipped kitchens
    Introducing a one-of-a-kind investment opportunity located in the coveted Ivy, VA. Ivy Cottages, formally known as 'The Sunset Lodge Dining Room and Motel' was founded in the early 1900s. This property features 10 thoughtfully designed 1-bedroom, 1-bath units with fully equipped kitchens. Five of these units are fully renovated, turnkey, and currently renting. Two of the 8 cottages are shells awaiting creative renovation (architectural plans available). The main house, currently under renovation, is centrally located on the property. It includes 1,800+- sqft of versatile space on the main level suitable for events or office use. The upper level features two additional 1 bedroom 1-bath units. Conveniently positioned near Charlottesville, UVA, Crozet, and the Monticello Wine Trail, this offering presents a rare opportunity to acquire 10 income producing units in one of the most sought after areas in Central, VA.
    4 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 07:44am

    Listed by:

    Maggie Holloway,

    CORE REAL ESTATE PARTNERS LLC

    Source: CAAR,MLS#: 656728MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 3500 Sunset Lodge Ct.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Features
    • Unit 1(1 Bed Apt), Unit 2(1 Bed Apt), Unit 3(1 Bed Apt), Unit 4(1 Bed Apt)
    Interior area
    • Total structure area: 1,706
    • Total interior livable area: 5,910 sqft

    Property

    Lot
    • Size: 2.49 Acres
    Details
    • Parcel number: 5800000000700
    • Zoning description: RA Multifamily Zone

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Block, Slab
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Charlottesville

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $1,892,900
    • Annual tax amount: $16,165
    • Price range: $3.3M - $3.3M
    • Date on market: 4/22/2025
    • Total actual rent: 0
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