(443) 597-3420
541B Baltimore Annapolis Blvd, Severna Park, MD 21146
bridgette@LNF.com
6909 Blenheim Road
Scottsville, Virginia VA 24590
$45,000,000 Price
ACTIVE Status
2,495 Acres
VAAB2000284 Listing ID
Mount Ida Reserve is a once-in-a-lifetime opportunity located just outside the city of Charlottesville, Virginia, within minutes of The University of Virginia. The former estate of Bernard Arnault expands almost 2,500 acres and is located along Blenheim Road, a historic route in Southern Albemarle County - home to Monticello, Ashlawn Highland, Trump Winery, Dave Matthews' Blenheim Vineyards, Grace Vineyard, and Steve Case's Early Mountain Vineyard. The property has undergone an almost two-decade transformation by its current owners. Surrounded by large country estates and wineries, Mount Ida Reserve stands out not only due to its sheer scale (more than twice the size of nearby Trump Winery & Estate) but also from its unique inventory of physical features, including miles of private river frontage, spectacular mountain views, rolling hills, fertile farmland, forests, and large privately owned lakes. The current stewards have invested nearly $100M in developing the grandest of estates with virtually every amenity. The entire property is connected with high-speed fiberoptic capability. It offers two completely renovated historic manors, a 45-acre lake, two eight stall stables, two tennis courts, an inground pool, a two-lane go-kart track, 180' water slide, several beaches, and miles of fencing, and paved and unpaved trails for horses, ATV's, bicycling, or hiking. The property also boasts several award-winning facilities, including a spectacular 12,000 sq. ft Lodge developed around a 100-year-old stable. Designed with events in mind, the stone and cedar-clad Lodge has state-of-the-art amenities, including a full caterers' kitchen, two large event spaces - fully climate controlled with spectacular outdoor spaces. Yet another event facility, the newly constructed 10,000 sq. ft Event Barn, offers a 25' stone fireplace to complement its two beautifully appointed banquet rooms, all climate controlled with full catering facilities. To complement the event spaces, there is an awe-inspiring 12,000 sq. ft cedar and stone-clad tasting room complete with a full-service restaurant for 250. The facility includes an award-winning 15- barrel craft brewery which utilizes barley from the nearby seven-acre barley field. An oversized outdoor fireplace with waterfalls and stone walls, bluestone walkways, and an observation deck make Mount Ida the most popular of Virginia wineries and breweries. An adjacent 20-acre vineyard (with an additional 150 acres prepared for vineyard expansion allowing for the largest vineyard in Virginia) creates an enchanting setting for guests. A 20,000 sq. ft shop, multiple carriage houses, barns, and outbuildings all specifically designed and recently constructed, 15 miles of paved roads, 25 miles of board fencing, five diesel backup generators, 25 springs, and multiple automated wrought iron gated entrances help service and secure the property. The owners have spared no expense investing in infrastructure covering the entire property, including miles of underground power, high-speed fiber optics, roads, bridges, and concrete dams for the 5 lakes on the property. The income-producing estate is perfect for a family compound with its 10 single-family homes in total, or, a corporate retreat, flagship corporate campus, or long-term investment. The property is uniquely positioned for further development around the existing facilities. Alternatively, the property is a prime candidate for a conservation or stream impact easement offering significant tax benefits. This incomparable property includes a turnkey opportunity complete with well-trained and experienced staff. Additionally, a hotel Study prepared by HVS for 100 key hotel is available for review.
Schedule Showing Virtual Tour
Status ACTIVE
County Albemarle
Subdivision MOUNT IDA
Year Built 2005
Property Type Commercial Sale
Commercial Sale
Property Sub Type Mixed Use

Primary Features

County: Albemarle
Property Sub Type: Mixed Use
Property Type: Commercial Sale
Subdivision: MOUNT IDA
Year Built: 2005
Zoning: RA

Interior

Building Total SqFt Source: Assessor
Central Air: yes
Cooling Type: Central A/C
Heating: yes
Heating Type: Heat Pump(s)

External

Building Units Total: 1
Construction Materials: Other
Cooling Fuel: Natural Gas
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Lot Size Source: Estimated
Lot Size Units: Square Feet
Navigable Water: no
New Construction: no
Sewer Septic: Septic Exists
Tidal Water: no
Type of Parking: Other
Utilities: Under Ground
Water Access: yes
Water Body Type: Lake
Water Oriented: yes
Water Source: Well
Water View: no

Location

Country: US
In City Limits: no
Views: Mountain
Waterfront: no

Additional

Accessibility Features: Other
Business Type: Hotel/Motel, Bed and Breakfast, Recreation, Religious Facility, Restaurant/Bar
Days on Market: 63
Potential Tenancy: Multiple
Year Assessed: 2022
Year Built Source: Estimated

Financial

Association Recreation Fee: N
Automatically Update Tax Values: yes
Lease Considered: no
Ownership Interest: Fee Simple
Possession: Negotiable
Sale Type: Standard
Tax Annual Amount: 36366
Tax Lot: 700
Tax Year: 2022
Vacation Rental: no

Zoning Info


Listing courtesy of TTR Sotheby's International Realty 2029383685

© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of TTR Sotheby's International Realty. Data last updated on Thursday, March 23rd, 2023 02:30:50 AM.

Contact - Listing ID VAAB2000284

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Bridgette Jacobs

541B Baltimore Annapolis Blvd
Severna Park, MD 21146
Phone: 443-694-8030

Data services provided by IDX Broker
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