Closed
$2,000,000
481 Race Ground Rd, Somerset, VA 22972
--beds
--baths
291Acres
Unimproved Land
Built in ----
291 Acres Lot
$-- Zestimate®
$--/sqft
$2,547 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,547/mo
Zestimate® history
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What's special
Glenwood, circa 1850 located in the Somerset area of Madison county. The 291 acres are mostly open with exceptional soils ideal for horses, cattle, or crops. Pastures have good fencing, and automatic waters. The farm has long frontage on the Rapidan River, and has a significant stream running through the property. Wonderful views of the Blue Ridge, and South West Mtns at numerous locations on the property. The historic frame house has a brick foundation with two floors above an English basement. The house has four bedrooms, and two full baths, and is in need of renovation. Additional structures include an 1850 summer kitchen, two bedroom tenant house, numerous cattle barns, cattle feedlot and equipment sheds. Farm is an ideal candidate for a conservation easement. Located within two hours of DC, and thirty minutes to Charlottesville. Property is being sold in as-is condition.
Zillow last checked: 8 hours ago
Listing updated: February 07, 2025 at 10:22am
Listed by:
JUSTIN H. WILEY 434-981-5528,
CORCORAN WILEY-ORANGE
Bought with:
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
Source: CAAR,MLS#: 638885
Originating MLS: Charlottesville Area Association of Realtors
Facts & features
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Fencing: Cross Fenced,Electric,None,Wire
- Has view: Yes
- View description: Mountain(s), Rural, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 291 Acres
- Features: Open Lot, Wooded, Waterfront
- Topography: Bottomland,Rolling
Details
- Additional structures: Other
- Parcel number: 692
- Zoning description: A-1 Agricultural
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Propane, None
Community & neighborhood
Community
- Community features: River, Stream
Location
- Region: Somerset
- Subdivision: NONE
Other
Other facts
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2023 | Sold | $2,000,000-9.1% |
Source: | ||
| 7/1/2023 | Pending sale | $2,200,000 |
Source: | ||
| 6/21/2023 | Price change | $2,200,000-8.3% |
Source: | ||
| 5/9/2023 | Price change | $2,400,000-4% |
Source: | ||
| 4/11/2023 | Price change | $2,500,000-9.7% |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 22972
Nearby schools
GreatSchools rating
- NAMadison Primary SchoolGrades: PK-2Distance: 8.9 mi
- 4/10William H. Wetsel Middle SchoolGrades: 6-8Distance: 8.6 mi
- 4/10Madison County High SchoolGrades: 9-12Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Madison Primary
- Middle: Wetsel
- High: Madison (Madison)
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.