Frascati Estate for Sale

Frascati Estate for Sale

A rare opportunity to acquire a significant historic estate in a superb location just 30 minutes from Charlottesville and the University of Virginia.

 

The house is described in the Virginia andmarks Registry as well as in the National Register of Historic Places as “one of the outstanding architectural monuments of the Piedmont.”

 

Click below for the full description of this amazing property! To go directly to the listing click the button below.

Other Categories

MARKET UPDATES

LIFESTYLE

GENERAL INSIGHTS

What are horse farms like in Charlottesville?

What are horse farms like in Charlottesville?

Is Virginia’s Piedmont horse country? You bet! With five active hunts, Olympic caliber trainers, some of the best equine vets in the country and all the assets any breeder, trainer or hobbyist could ask for, this is natural horse country.

A horse can live entirely off the land in Charlottesville with the lush fescue grasses

It’s no wonder that the Charlottesville countryside is well known throughout the world as one of the finest places to raise horses. The fertile fields and healthy climate have been home to generations of fat ponies and Derby winners. That said, all land is not equal when it comes to keeping horses. It is possible to find land in the Charlottesville area that is absolutely perfect for horses. It would consist of a nice deep soil with few if any rocks. It would be gently rolling and well drained and it would already be in good grass, your horse’s favorite food.

In Charlottesville, the type of land varies from soft lowland grass to slightly more rocky terrain closer to the mountains

This is horse country and a horse can thrive here and live entirely off the land for most of the year. It’s not all horse country though so do your homework. Up close to the mountains the pasture will be rockier and harder on your horse’s feet. That beautiful flat bottomland along the creek looks great when dry but will often be a wet soil that can be unhealthy for hooves. Clearing woodland to make pasture can be done but it takes years to build up the grass to compare with established pasture.

Finding a horse farm in Charlottesville that is already fenced in and has stables is usually the best buy

If you want to breed horses you’ll want to look at the type of grass growing in your fields. The fescue grass found in much of this area needs to managed if broodmares are grazing on it. Finding a place that is already fenced and has existing stabling is usually the best buy and finding a place that allows riding off the property can be a huge benefit in how you can enjoy your horses without trailering.

Other Categories

MARKET UPDATES

LIFESTYLE

GENERAL INSIGHTS

What is like to live in Orange County VA?

What is like to live in Orange County VA?

I’d actually be a pretty good person to ask. I’ve lived in Orange County since 1983. I was a transplant from Sonoma County CA and never imagined I’d live here the rest of my life. But, here I am 40 years later having raised a family, grown a career and roots in one of America’s most beautiful terroirs. Horses are what brought me here. (Want a horse.docx) and a love and understanding of the land is what is what made me stay and be successful in country property brokerage in this area.

Horses are what brought me to the Orange, VA area.

Orange county was settled early in America’s history (1734) due to the high quality of the soils
for agriculture, the amenable climate and overall beauty of the this rich land in the piedmont of
the Blue Ridge mountains. In the 1820’s Orange County was home to President James
Madison at Montpelier, Supreme Court Justice Phillip Barbour at Frascati, Virginia Governor
James Barbour at his home designed by Thomas Jefferson (https://www.monticello.org/
research-education/thomas-jefferson-encyclopedia/barboursville/) who along with James Monroe lived just 20 miles distant in Albemarle County. It is likely that each of these statesmen would have enjoyed each other’s company at Frascati, a remarkable home in Somerset which is listed for sale for the first time in 45 years. Frascati (Somerset, Virginia) – Wikipedia.pdf.zip)

Orange VA is rich with civil war history

Orange County also played a pivotal role in the Civil War with the full armies of both the north
and south encamped in Gordonsville and Rapidan then culminating in the terrible battle at
Wilderness. Artifact hunting for civil war relics with metal detectors is a popular past time here.
It is said that any large shade tree extant during the Civil War in the vicinity between Somerset
and Gordonsville was a confederate encampment and and old horseshoes, buckles and bullets
are still found regularly.

Orange VA offers a quiet, simple, small town lifestyle.

Today Orange County is much quieter but still sublime with a character that draws those
looking for a simpler, small town lifestyle. There are two small towns in Orange County, Orange,
the county, seat with a population of around 5000 and Gordonsville with around 1500 residents. There are groceries, pharmacies and fast food if you are just passing through and a cornucopia of antique shops, taverns and fabulous old neighborhoods if you slow down and
have a real look.

 

I live in Somerset just 15 minutes from either Orange or Gordonsville and we do most of our
shopping locally. We can expect to see folks we know at the grocery store and walking down
Main Street. It feels friendly and inclusive. It’s also nice to know that Charlottesville and all it
offers; UVA, two major hospitals, hundreds of amazing restaurants and entertainment venues is
less than 30 minutes away.

 

For us, the opportunity to enjoy a wonderful, affordable life in the country and the small town
experience or Orange and Gordonsville coupled with access to one of the most exciting
university towns in America is the best of both worlds.

Other Categories

MARKET UPDATES

LIFESTYLE

GENERAL INSIGHTS

Charlottesville Virginia Real Estate Market Prediction: January 2023

Charlottesville Virginia Real Estate Market Prediction: January 2023

Charlottesville virginia real estate market predictions: much like a sine curve.

It’s easy to look back at market trends and graph exactly how the last 10 years played out. It was a typical first half of a sine curve with a slow but steady start, (post recession), a nice boost in activity as a hot buyers market ate up well priced inventory, (Obama years), and then a wild ride through 2021 as scarce inventory and crazy low interest rates met a surge in demand due to Covid and a hot economy that sent prices through the roof and disappointed buyers gasping for air.

Interest rates have been a wild ride for the last couple of years.

So, here we are, interest rates for a 30 year fixed are about 7.25 today. The change sheet had lots of expired listings, a few price reductions listed and we’re asking each other, What now?


I think it’s safe to say that the boom has happened and we are sitting at the top of the curve right now. Buyers will have to adjust their thinking in terms of loan affordability. Sellers haven’t really felt a slow down yet especially for well placed properties in the Charlottesville MSA since the inventory is still low. That change should be making itself known in a couple of quarters as sellers start thinking that perfect timing may be passing them by. In geometric terms we should be heading back down from the peak. We hope for and expect a soft landing due to a more responsible lending environment since 2008 and while buyers may be dealing with historically typical interest rates they should have more inventory and better prices to consider soon.

A responsible lending environment means a softer landing than 2008 and historically typical interest rates.

It’s hard to look forward and predict exactly what the next ten years will bring but if the last
forty mean anything that sine curve will keep on rolling up and down like clockwork.

 

Happy New Year!

Other Categories

MARKET UPDATES

LIFESTYLE

GENERAL INSIGHTS