481 Race Ground Rd Somerset, VA 22972

$2,500,000
481  Race Ground Rd, Somerset, VA 22972
1813176

Lots and Land for sale in Somerset, VA

for $2,500,000. The lot size is 365.0000 Acre(s).

Property Information

  • $2,500,000
  • Lots and Land
  • Taxes are $3,898
  • Barn _Other
  • Residential Land
  • Active
  • Lot size of 365.0000 Acre(s)
  • Somerset, VA
  • Orange County
  • MLS/Web ID is 1813176

Description

This Madison County Farm of 365+/- acres offers grazing land, crop land, a feedlot, equipment buildings, two homes & frontage on the Rapidan River. The established pastures have cross-fencing & automatic waterers. Recreational opportunities abound---fishing, hunting, fox hunting & canoeing. This property offers great privacy and nice distant Blue Ridge Mountain views. Less than 2 hours from D.C. & 35 minutes from Charlottesville. Just minutes from wineries, great restaurants & Montpelier. The land is not under a conservation easement

Interior 3

Heating Source

  • Natural Gas

Sewer

  • Septic Tank

Water Source

  • On Site Well

Exterior 4

Building Type

  • Barn _Other

Fence

  • Fenced

Lot Description

  • Additional Land Available
  • Pasture
  • Wooded / Trees

Waterfront Description

  • Creek
  • River

Miscellaneous 1

Utilities

  • Electric: On Site

† Excluded Feature

Neighborhood & Schools

Elementary School: Madison Primary
Middle School: William H. Wetsel
High School: Madison

Listed By

Listing Agent: Gayle Harvey
Broker: GAYLE HARVEY REAL ESTATE

481 Race Ground Rd, Somerset, VA, 22972 is a Lots and Land for sale at $2,500,000 with a lot size of 365.0000 Acre(s). 481 Race Ground Rd has 0.0 baths. The property's zip code is 22972 which is in Somerset, VA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Somerset $1,980,870 21 % below $724,988 71 % below
Lots and land listings in Somerset $2,980,200 19 % above $2,500,000 0 % below
Sold listings in Somerset $461,289 82 % below $260,000 90 % below

Get the facts about Somerset, VA!

Population 443
Population Growth (since 2000) 17 %
Median Income $55,416
Median Age 47.52
Households w/ Children 26 %

Residential Dwellings

  • Owned 137
  • Vacant 17
  • Rented 43

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