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Listed by Abeer Abdin • Long & Foster Real Estate, Inc.
$ 2,000,000
Est. payment | /mo
4.38 Acres Lot
$ 2,000,000
Est. payment | /mo
4.38 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Lovettsville
MLS Listing ID VALO2115350
HOA Y/N N
Annual Tax Amount $5,130
Tax Year 2025
Lot Size 4.380 Acres
Acres 4.38
Property Sub-Type Land
Source BRIGHT
Property Description
This 4.38-acre property in Lovettsville, Virginia is zoned R-1 and offers multiple development possibilities. The site previously received town approval for a 42-unit assisted living facility, providing a valuable entitlement in place for a senior housing project. Alternatively, the layout could potentially be revised to accommodate a residential subdivision at approximately four homes per acre, which may yield around 17 to 18 single-family lots, subject to confirmation and updated approvals from the town. The property is currently improved with an existing 1,500-square-foot single-family residence, which could serve as interim rental income, a project office, or be incorporated into a future development plan.
Location
State VA
County Loudoun
Zoning LV:R1
Exterior
Water Access N
Garage N
Building
Sewer Public Hook/Up Avail
Water Public Hook-up Available
Schools
School District Loudoun County Public Schools
Others
Tax ID 370195365000
Ownership Fee Simple
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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