TBD CHESTNUT GROVE RD $499,000

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    TBD CHESTNUT GROVE RD ESMONT, VA 22937

    ACTIVE

    $499,000

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    • 87.12 Acres
    • Land
    • MLS# 629213
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    Views: 3 Days On Site: 75

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    Property Details

    THIS PINE FOREST property is a good investment tract, or use as a hunting and recreational tract, or with multiple division rights, a place to build a home or more than one home. Currently the land is primarily covered in loblolly pine that is ready to thin, plus two areas in hardwood trees along beautiful spring-fed streams that flow through the land. Owners had a timber expert recently estimate that the pine could now be thinned and generate approximately $80,000 in revenue. In another 10-15 years , the pine timber would be mostly mature and would generate a lot more revenue. The land is hilly to gently rolling, and offers several excellent homesites with potential mountain views , and private settings.,PINE FOREST

    • General Features
      • Condo Coop Association Y/N N
      • County ALBEMARLE
      • HOA Y/N N
      • Sale Type Standard
      • Tax Annual Amount 300.00
      • Tax Year 2022
      • View Mountain, Trees/Woods
      • Water Body Type Creek
      • Zoning A-1
      • Zoning Dscrp Agricultural
    • Building Features
      • Current Use Timber, Recreation, Other
      • Garage Y/N N
      • Sewer Septic No Sewer System
    • Property Features
      • Lot Size Acres 87.12
    • Schools
      • Elementary School SCOTTSVILLE
      • High School MONTICELLO
      • Middle Or Junior School WALTON
      • School District ALBEMARLE COUNTY PUBLIC SCHOOLS

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    Neighborhood

    22937 (ESMONT) Demographics

    41 Median Age
    50 Population Density (per sq. mile)
    23% College Educated
    $57,857 Estimated Median Income
    660 Estimated Total Home Owners
    126 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    2,320 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $499,000
    4/19/2022 4:59:00 PM New in Database Source: Multiple Listing Service New Value: $499,000
    Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2022 BRIGHT MLS – All Rights Reserved.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.