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481 RACE GROUND RD Somerset, VA 22972
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Key Details
Sold Price $2,000,000
Property Type Vacant Land
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 638885
Sold Date 08/15/23
HOA Y/N No
Annual Tax Amount $2,085
Tax Year 2023
Lot Size 291.000 Acres
Acres 291.0
Property Sub-Type Agriculture
Property Description
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.
Location
State VA
County Madison
Community River, Stream
Zoning A-1 Agricultural
Direction From Madison: Take 29 S to left on 230. Go 1 mile to a right on 231. Go 7 miles to a right on Race Ground Road.
Rooms
Other Rooms Other
Interior
Fireplace No
Exterior
Parking Features Driveway
Fence Cross Fenced, Electric, Wire
Community Features River, Stream
Utilities Available Propane, None
View Y/N Yes
Water Access Desc Private,Well
View Mountain(s), Rural, Water
Present Use Agricultural,Farm,Pasture
Building
Sewer Septic Tank
Water Private, Well
Additional Building Other
Schools
Elementary Schools Madison Primary
Middle Schools Wetsel
High Schools Madison (Madison)
Others
Tax ID 69-2
Financing Cash
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Bought with NONMLSOFFICE