Lot 1 Preston Ave, Charlottesville, VA 22903

Local realty services provided by:Better Homes and Gardens Real Estate Premier
Lot 1 Preston Ave,Charlottesville, VA 22903
$1,495,000
  • 0.73 Acres
  • Lots / Land
  • Active
Listed by: dave alley
Office: howard hanna roy wheeler realty co.- charlottesville
MLS#:675999
Source:BRIGHTMLS

Price summary

  • Price:$1,495,000

About this home

Opportunity to purchase 9 home sites located in the heart of Charlottesville within minutes to UVA, Barracks Road, Shops at Stonefield and Downtown! The portfolio consists of 9 continguous or near-continguous parcels zoned R-A (Low Density Residential). While "Low-Density" traditionally implied single family homes, the new "Charlottesville Zoning Ordinance could possibly permit up to 3 units per lot by-right, and up to 6 units with affordability bonuses. The opportunity to develop a residential cluster of homes that meet the growing demand of walkable housing in the City of Charlottesville is waiting for a developer with a desire to build and make a significant impact in the local real estate market. Additional information available on approved plans.

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Home facts

  • Listing ID #:675999
  • Added:1 day(s) ago
  • Updated:April 19, 2026 at 03:36 AM

Structure and exterior

  • Lot area:0.73 Acres

Schools

  • High school:CHARLOTTESVILLE

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,495,000
  • Tax amount:$14,651 (2026)