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Lot 1 Preston Ave

CHARLOTTESVILLE, VA 22903
  • $1,495,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 675999
UPDATED: 27 min ago
$1,495,000
  • 0
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family

School Information

Elementary School:
Middle School:
High School:

Description

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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Listing information © 2026 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2026-05-15T19:12:44.747.
www.klineandcorealestate.com/homes/175319575
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Lot 1 Preston Ave CHARLOTTESVILLE, VA 22903

  • Price: $1,495,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 27 min ago
  • MLS #: 675999
0
Beds
0
Baths
0
½ Baths
0.73
Acres
Neighborhood:
None
Area:
Charlottesville
Elementary School:
Trailblazer
Middle School:
Charlottesville Middle
High School:
Charlottesville
Property Description
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.
Exterior Features

Fencing None

Property Features

Association YN No Lease Considered YN No Possible Use Multi- Family Residential Property Sub Type Multi Family Sale Or Lease Indicator For Sale Sewer Public Sewer Tax Annual Amount 14651 Tax Year 2026 Utilities Cable Available Water Source Public Zoning Description R- A Low- Density Residential

Listing provided courtesy of HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE: 434-951-5155.


Listing information © 2026 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2026-05-15T19:12:44.747.
 
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Kline & Co Real Estate
2503 Jefferson Highway
Waynesboro VA, 22980