Charlottesville Real Estate Talk

Charlottesville Horse Farm - 12336 James Madison HWY, Palmyra, VA 22936

River Rock Farm, 47.98 acres, 8 stall barn, 8 fields, 3 bedroom, 3 bath cottage style home, $695,000

Very special Charlottesville horse farm located in Fluvanna County within a short commute of Charlottesville Virginia.  River Rock Farm has 47.98 acres of gorgeous pasture with 8 fenced fields, miles of trails and a pond.  The farm has frontage on the Rivanna River for canoeing or swimming in your own private swimming hole.  This property is horse ready and most of the fields have automatic waterers.  The 8 stall barn has a 24 ft center aisle and the property also has a round pen. 

The people have not been forgotten on this Charlottesville horse farm.  The charming home boasts quality construction with hardiplank siding, custom cabinets and hardwood floors throughout.  The floor plan is open and the master bedroom is spacious with a vaulted ceiling and an enormous soaking tub in the attached master bath.  The open greatroom has lots of windows and is filled with light.  You will enjoy relaxing on the Country Living style front porch with views of the pond and grazing horses beyond.  Or view the gardens and fruit trees from the spacious deck.  In addition there is a large workshop (32 x 34 ft), containing a full bath and with an upstairs that could be finished as an appartment.

Copyright 2011 by Pam Dent all rights reserved "Charlottesville Horse Farm - 12336 James Madison HWY, Palmyra, VA".

Waterfront homes at Lake Monticello are popular in any market.  3 Pineknoll Circle on one of the prettiest coves at The Lake went under contract in 13 days.

Lake Monticello is located in Fluvanna County, a short 20 minute commute from Charlottesville, VA.  The gated golf course community surrounds a 350 acre lake that is perfect for swimming, fishing and boating.
This neighborhood offers a home style and price for everyone, with prices ranging from the mid $100,000s up into the $700,000s.

3 Pineknoll Circle, 3 bedroom, 2.5 bath, 2916 sq ft. Sold for $400,000.

As buyers agent I sold this Lake Monticello home to my first time homebuyer client. 

Last week we got this transaction closed.  My client was a first time homebuyer and she was able to purchase this foreclosed home at Lake Monticello.  As agent for the buyer I would like to thank Marcella Johnson at Wells Fargo and Cameron Marsh at Tucker Griffin and Barnes for their help in meeting the deadlines and dealing with all of the issues that are part of purchasing a bank owned property. 

When you are purchasing a foreclosure it is important to have a team of lender, closing attorney and Realtor who are experienced in this particular type of transaction. 

If you would like a list of foreclosed properties that are available for sale contact me and I would be happy to provide them to you.

Lake Monticello waterfront home for sale - 3 Pineknoll Circle, Palmyra, VA.

3 bedroom, 2.5 bath, 2916 sq ft, 1989, $419,000.00

Charming lakefront custom home located on a cul de sac on one of the prettiest coves at Lake Monticello. This spacious architecturally designed home offers an open floorplan, large rooms, first floor master suite and a screened prorch and large deck to enjoy the water views.

Tonight I have been researching the sales activity of Lake Monticello waterfront homes over the past six months for a client.  I thought that some of my readers might be interested in this information as well.

There are currently 20 waterfront homes actively listed on the Lake Monticello real estate market.  The prices range from $326,000 to $750,000 and the square footage ranges from 1,232 sq ft to 5,687 sq ft.

There is 1 Lake Monticello waterfront home under contingent contract listed at $510,000.

1 Lake Monticello waterfront home has a contract pending.  This home is listed for $455,000.

10 Lake Monticello waterfront homes sold during the last 6 months.  The sold prices ranged from $327,500 to $685,000.

There is a large amount of inventory on the market in Lake Monticello and there is a large inventory of waterfront homes as well.  Spring and summer are the prime selling seasons for waterfronts.  I am concerned that we are not seeing more homes under contingent and pending contracts.

Lake Monticello open house at 8 Wildwood Drive Sunday August 30, 1:00 - 4:00 pm.

8 Wildwood Dr., Palmyra, VA.

3 bedroom, 2 full and 2 half baths, 2,800 finished sq. ft., 2 car garage, built in 1997, $299,900.00

Don't miss the chance to tour this beautiful colonial at popular Lake Monticello.  This spacious home, with a bright open floor plan perfect for entertaining is located close to beach 2. The first floor features formal living and dining rooms, plus a large eat-in kitchen with custom cabinets, center island, breakfast area and an attached family room.  A 1/2 bath completes this floor.  Upstairs is an extra large master suite with lots of closet space and a master bath with double vaities and a whirlpool tub.  There are two additional bedrooms and another full bath.  The finished walkout basement includes a recreation room currently used as a home office and a second half bath.  The screened porch, deck and patio offer plenty of opportunities to enjoy the fenced yard.  In addition there is an oversized 2 car garage with a workbench and shelves.  The home sports Anderson windows throughout and a whole house water filtration system.  Plus a one year First American Home Warrenty will be provided to the purchaser.

Lake Monticello is a gated community located in Fluvanna County about 20 minutes outside of Charlottesville, VA.  A 350 acre lake that is perfect for boating, fishing and swimming is at the heart of the neighborhood.  Amenities include a golf course, tennis courts, a clubhouse with dining, pool, basketball, playground and 5 beaches.

There are several small shopping centers outside of Lake Monticello.  They include such stores as a supermarket, pharmacy, hardware store,  jewelry store, pizza, several restaurants, and a garden center.

The Lake Monticello neighborhood has homes of a variety of sizes, price ranges and home styles.  This is not at all a "cookie cutter" community.  Many different builders constructed homes at The Lake thus accounting for the large variey in the homes.  There is truly something for everyone.

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.  Email Pam Dent.

  View all of the Charlottesville Virginia homes for sale.

 View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate. 

Copyright © 2009 by Pam Dent, all rights reserved, "Lake Monticello Open House Sunday Sug. 30 - 8 Wildwood Dr."

This Lake Monticello real estate market report will focus on the sales of single family homes in Lake Monticello during July 2009.

12 Lake Monticello homes had contracts that closed during July.  The average sale price was $286,683, with an average DOM of 87.  The homes sold for 95.63 percent of the list price on average.

13 homes sold in Lake Monticello during June 2009 for an average sale price of $204,646 after spending an average of 137 days on the market.  They sold for an average of 97.48% of the list price.

10 Lake Monticello homes sold during May of this year.  The average sale price was $245,750; they were on the market for an average of 102 days and sold for an average of 94.85% of the list price.

During the period from 1/1/2008-8/1/2008, 127 homes sold at The Lake; however, in the same time period this year only 79 Lake Monticello homes sold.  This repressents a decline in sales of -37.8%.

Today 8/16/2009, there are 142 Lake Monticello homes for sale.  The average list price is $268,805, with a median of $229,900.  The homes have been on the market for an average of 132 days so far.

Of the 12 homes that sold in July on the Lake Monticello real estate market, 6 were priced under $200,000, and 4 were priced between $212,000 and $300,000.  Two waterfronts sold for $619,000 and $750,000.  Two of the homes that sold in July were foreclosures.

The above figures are from the mls and while they are presummed to be correct they are not guaranteed.

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.  Email Pam Dent.

View all of the Charlottesville Virginia homes for sale.

 View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate. 

 Copyright © 2009 by Pam Dent, all rights reserved, "Lake Monticello Real Estate Market Report - July 2009".

The large selection of Lake Monticello homes for sale offers something for everyone, making this the perfect time to shop for a Lake Monticello home.

Today there are 142 homes listed on the Lake Monticello real estate market, ranging in price from $137,900-$995,000.  Of these, 87 homes are priced below $250,000 offering a large selection for first time homebuyers to choose from.  93 of the Lake Monticello homes that are currently on the market have a first floor master and 78 or those are 1 story homes; retirees looking for 1 floor living might want to consider The Lake.  In addition, 16 of the Lake Monticello homes for sale at this time are waterfronts appealing to the second home buyer as well as fulltime residents.

Just as there is a wide price range of homes for sale in Lake Monticello there is also a variety of home styles.  Many different builders constructed homes at the Lake and as a result this is not a cookie cutter neighborhood.  You can find just about any home style that you are looking for. 

Whereas the majority of the Lake Monticello homes are used as a primary residence, you will find some that are bought as a 2nd home, particularly by people from Northern Virginia who find the 2 hour drive to the Lake the perfect distance for a vacation or weekend home.  A Lake Monticello waterfront home or a Lake Monticello golf course home may be the perfect choice for a spot to "vacation at home".

The population of homeowners at the Lake is a mix of young professionals, families, members of the workforce such as policemen, teachers and nurses, and retirees. 

Lake Monticello offers a wide range of amenities.  The gated community is centered around a 350 acre lake that is perfect for water sports such as boating, fishing, or swimming from one of the several beaches.  There is a club with dining, a pool, playground, golf course, basketball.

Although the neighborhood is conveniently located about a 20 minute commute from Charlottesville, you do not have to go that far to run many of your errands.  There are several small shopping centers around the outside of the Lake.  These include such business as a grocery store, pharmacy, hardware store, garden center, fitness center, jewler, pizza parlor, and several restaurants.  There are also several nearby churches.

Whatever your needs, a Lake Monticello home may offer the solution to your home shopping needs.

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.  Email Pam Dent.

 View all of the Charlottesville Virginia homes for sale.

 View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate. 

 Copyright © 2009 by Pam Dent, all rights reserved, "Lake Monticello Homes For Sale - Someting For Everyone".

This Lake Monticello real estate market report will focus on the sales of single family detached homes in Lake Monticello during june 2009.

13 Lake Monticello homes sold during June 2009.  The average sale price was $204,646.  The homes had been on the market for an average of 137 days and sold for an average of 97.48% of the list price.

In May 10 homes sold at the Lake.  The average sale price was $245,750, with an average DOM of 102.  They sold for an average of 94.85% of the list price.

18 Lake Monticello homes had contracts that closed during April.  The average sale price was $208,336.  The homes were on the market for an average of 116 days and sold for an average of 96.10% of the list price.

Lets compare the sales for the year to date in 2008 with the sales from the same period this year.  From 1/1/2008-7/1/2008, 104 homes sold at Lake Monticello; however during the same time frame in 2009 only 65 Lake Monticello homes sold.  This represents a decline in sales of -37.5%.

Today 7/21/2009 there are 143 Lake Monticello homes for sale.  They are listed for an average price of  $270,679 and have been on the market for an average of 134 days so far.  The inventory needs to be bought down quite a bit before we will see anything near a return to a balanced Lake Monticello real estate market.  Since there are only a couple more months for first time home buyers to be able to take advantage of the tax credit, hopefully we will see some strong sales of the lower priced homes throughout the summer.

The above figures are from the mls and while they are presumed correct are not guaranteed.

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.  Email Pam Dent.

 View all of the Charlottesville Virginia homes for sale.

 View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate. 

 Copyright © 2009 by Pam Dent, all rights reserved, "Lake Monticello Real Estate Market Report - June 2009".

Don't miss the chance to tour this spacious colonial near beach 2 at Lake Monticello.

8 Wildwood Dr., Lake Monticello, Palmyra, VA.  Open house Sunday July 19 1:00-4:00.

3 bedroom, 2 fulll bath, 2 half bath, 2,800 sq ft, 2 car garage $308,000.

This beautiful home offers an open floorplan with hardwood floors, a large kitchen eatin with custom oak cabinets and attached family room, plus a living room and a dining room.  The extra large master suite contains a whirlpool tub, double vanities and plenty of closet space.  The home has Anderson windows throughout and a whole house water filtration system.  There is also a screened deck with patio below and a fenced back yard.

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.  Email Pam Dent.

View all of the Charlottesville Virginia homes for sale.

View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate. 

Copyright © 2009 by Pam Dent, all rights reserved, "8 Wildwood Drive - Open House Sunday July 19 1:00-4:00".