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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Mount Ida
MLS Listing ID VAAB2000428
Style Other
HOA Y/N N
Originating Board BRIGHT
Year Built 2005
Annual Tax Amount $39,430
Tax Year 2023
Lot Size 2784.000 Acres
Acres 2784.0
Property Description
The former estate of Bernard Arnault, Mount Ida Reserve, has been meticulously transformed over the past two decades by its current owners. Boasting more than twice the acreage of nearby Trump Winery & Estate, this property stands out for its unparalleled scale and physical features, including miles of private river frontage, stunning mountain views, rolling hills, fertile farmland, hardwood forests, and a privately owned 45-acre lake with pristine beaches.
Free from conservation easements, the property offers endless possibilities for development or preservation. The owners have invested significantly in infrastructure throughout the expansive acreage, creating a fully equipped and modernized estate. Highlights include high-speed fiber-optic connectivity, miles of underground power lines, a concrete dam, 15 miles of paved roads, 25 miles of board fencing, and multiple automated wrought iron gated entrances. The property is also supported by five diesel backup generators and features 25 springs, ensuring unmatched self-sufficiency and security.
An impressive collection of structures enhances the estate, including large manor homes and single-family residences, award-winning event facilities, stable barns, storage buildings, and more. This exceptional property is ideal for a family compound, corporate retreat, flagship corporate campus, or a long-term investment opportunity. With 150 by-right parcels, Mount Ida Reserve is also uniquely positioned for future development. Alternatively, it presents an attractive option for conservation or stream impact easements, offering significant tax benefits.
The estate includes well-trained, experienced staff for seamless management and operations, making it a turnkey investment. Additionally, a comprehensive hotel study for a 100-key hotel, prepared by HVS, is available for review. Whether envisioned as a private sanctuary, an iconic event venue, or a development opportunity, Mount Ida Reserve represents an unparalleled offering in one of Virginia's most celebrated regions.
Location
State VA
County Albemarle
Zoning RA
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Natural Gas
Exterior
Fence Board
Water Access N
Accessibility Other
Garage N
Building
Story 1
Sewer Septic Exists
Water Well
Architectural Style Other
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District Albemarle County Public Schools
Others
Senior Community No
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Virtual Tour https://vimeo.com/manage/videos/452293781
The J Walden Home Group
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