Property Map
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Courtesy of LONG & FOSTER – CHARLOTTESVILLE {attribution_contact}
Description
Discover a unique opportunity in the heart of Lewis Mountain, an area celebrated for its serene charm and its proximity to the University of Virginia. Recently transitioned from R-1 to R-B zoning, this change simplifies development by setting a fixed density. Developers are allowed a baseline of 6 units, which increases to 8 if the existing home is retained and can expand to 12 units for projects including affordable housing. The city permits the construction of townhomes or condos within designated setbacks and allows for the subdivision into individual lots for sale. This property not only offers flexibility in development but also connects investors to the vibrant university community, enhancing its appeal for both residential and academic-oriented projects.
Property Details and Features
Basement
- No
Bathrooms
- 1 full bathroom
- 1 half bathroom
- 1.5 bathrooms
Bedrooms
- 3 bedrooms
Building
- 1 Story
- 1,899 finished square feet
- 1,899 total square feet
- Built in 1950
Cooling
- Central AC
Foundation
- Concrete Block
Garage
- 1-car garage
- Attached
Heating
- Central Heat
Listing
- 17 days on the market
Location
- Directions: Starting on Jefferson Park Ave, continue straight to stay on Jefferson Park Ave, turn onto Alderman Rd, follow Alderman Rd to find 303 Alderman Rd on your left.
- Subdivision: Lewis Mountain
- City: Charlottesville
Lot
- 0.31 acres
- Garage
Schools
- Elementary school: Venable
- Middle school: Walker & Buford
- High school: Charlottesville
Taxes
- Annual taxes: $6,377
- Year: 2023
Utilities
- Water: Public Water