510 Mount Pleasant Farm Road, SCOTTSVILLE, VA

$52,600,000

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2784.00

Acres

About 510 Mount Pleasant Farm Road

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.

Features of 510 Mount Pleasant Farm Road

MLS® # VAAB2000430
Price $52,600,000
Bathrooms 0.00
Acres 2,784.00
Type Land
Sub-Type Land
Status Active

Community Information

Address 510 Mount Pleasant Farm Road
City SCOTTSVILLE
County ALBEMARLE-VA
State VA
Zip Code 24590

Amenities

Is Waterfront No

Interior

Has Basement No
Fireplace No

School Information

District ALBEMARLE COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed June 29th, 2023
Days on Market 530
Zoning RA
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTTR Sotheby's International Realty

Listing Map

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