A rare opportunity in Charlottesville’s most sought-after location—adjacent to the University of Virginia’s South Lawn and a short walk to UVA Hospital. This classic 1948 brick home offers six bedrooms, four full baths, and is currently fully leased for the academic year, making it an ideal turn-key investment. Set back from the road and sited on the cul de sac, the property features timeless architectural details—arched windows, hardwood floors, and spacious rooms filled with character and charm. The unbeatable proximity to Grounds ensures lasting demand and long-term value. Perfect for student housing or as a hold-and-appreciate investment, this is an incredible chance to own real estate in one of the most desirable university settings in the country. Leased through 5/31/2026 at $5,700/month - includes $500/monthly utility allowance. Current undergrad tenants would like to extend their lease, if possible. Shown by appointment, after 12 noon - with 24-48 hours notice.
Pending
$849,000
505 Valley Rd, Charlottesville, VA 22903
6beds
3,347sqft
Est.:
Single Family Residence
Built in 1948
9,583.2 Square Feet Lot
$853,800 Zestimate®
$254/sqft
$-- HOA
What's special
Character and charmSpacious roomsTimeless architectural detailsArched windowsHardwood floors
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