Real Estate Weekly | 6.5.2024

Annie Gould Gallery

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Experience Matters

By Sean Tubbs

The University of Virginia has more influence and control over Charlottesville’s future than any other entity in the community. At this moment, UVA has more than a billion projects under construction, according to the packet for this week’s meeting of the Board of Visitors. The agenda of the Buildings and Grounds Committee is a good place to see what might be happening next. Rather than meeting at their usual Thursday afternoon time, the panel will convene Friday morning. This change comes because a “leadership discussion” is scheduled for the full 17-member board on Thursday and will be followed by a closed session.

Since becoming University president in August 2018, Jim Ryan has put a priority on building connections with the greater community. The President’s Council on UVA-Community Partnerships has led to several initiatives, such as a commitment to provide land for between 1,000 and 1,500 affordable units in the community.

Another initiative in the Great and Good Strategic Plan adopted during Ryan’s tenure is to house all second-year students on campus. UVA recently announced plans to build up to 2,000 beds for this purpose on either Emmet Street or Ivy Road, with the first units planned for 2027.

On Friday morning, the Buildings and Grounds panel will get an update on the 2024 major capital plan and will review the plans for a new North Grounds parking garage.

“This is a thousand-space structured parking deck which is going to be located at the northwest corner of Massie Road and Copeley,” says Michael Joy of the UVA Office of the Architect. “It will be adjacent to all of the competition venues and the John Paul Jones Arena.”

Joy says this will allow UVA to eliminate surface parkings for future development.

Some of the apartment buildings at Copeley Hill will be demolished to make way for the parking structure.

New projects to be added to the capital plan include the renovation of an engineering research facility on Observatory Mountain, a project called the Darden Global Innovation Nexus, and expansion of a child care center on Copeley Road. The lattermost project would see capacity grow from 115 children to a total of 285.

Other new initiatives will have a big impact on Charlottesville’s Fifeville neighborhood. Last year, UVA purchased the Oak Lawn estate for $3.5 million, having already purchased several properties a block to the north in 2016. Planning studies are proposed for both.

“The Grove Street planning study will consider program options for these two sites, which are likely to include UVA Health and neighborhood clinics, community uses, and parking in a mixed-use format,” reads a description in the B&G packet.

Written material for the Oak Lawn property hints at a future child care center on the 5.2-acre parcel.

The buildings panel will also approve the location and design guidelines for the new Center of the Arts to be built in the EmmetIvy corridor. This would be the new home for the Fralin and Kluge-Ruhe art museums as well as the music department. There will also be a 1,200-seat auditorium.

“Design is in the early stages and there will be ongoing funding efforts both with the Commonwealth and with philanthropic donors,” says Joy, who is a non-voting member of the city planning commission.

Also on the full Board’s agenda this week is a trip to the new football operations center, which will be named for Molly and Robert Hardie, the co-owners of Keswick Hall who made a large gift to support the Virginia Athletics Master Plan.

The Building and Grounds Committee will discuss the new Center of the Arts to be built in the Emmet-Ivy corridor (in yellow), the new home for the Fralin and Kluge-Ruhe art museums.

EDGEMONT

Nestled in the foothills of the Blue Ridge Mountains, 15 miles south of Charlottesville, is this rare 572-acre historic estate whose design is reputed to be the only remaining private residence attributed to Thomas Jefferson. $15,000,000 Court Nexsen, 646.660.0700 www.HistoricEdgemont.com

HIGHER GROUND

27 acre estate, mountaintop retreat with 11,400 sf., 8-BR, 6.5-BA residence with many outside terraces, decks and unsurpassed panoramic mountain views! 10 miles to famed Omni Homestead Resort, 2 miles to the airport. Jim Faulconer, 434.981.0076 or Will Faulconer, 434.987.9455 www.highergroundva.org

MILL HOUSE

Former house of noted local architect Floyd E. Johnson, on the banks of Totier Creek. Thoughtfully renovated and expanded, 5-BR, 3 full and 2 half BA. Guest house, 2-bay garage, pool, equipment shed plus 130 acres of open and wooded land. MLS#639196 $2,245,000 Court Nexsen, 646.660.0700

WEST WOODS

Heart of Ivy. 2-story, 4-BR, 2.5-BA home on 2+ acres. Quiet cul de sac. Close to town, UVA and 29 North. Spacious kitchen, family room, fireplace, sun porch and deck. 2-car garage and walkout basement. Western school district! MLS#653405

$825,000. Tim Michel, 434.960.112

BENTIVAR MANOR

Exquisite brick home on 88 acres less than 5 miles from city limits. Residence is in excellent condition, 7-BR and 11,000+ sf. The property is a mix of pastures & woods with long frontage on the Rivanna River, & miles of trails. MLS#652353 $5,200,00 Jim Faulconer, 434.981.0076 or Will Faulconer, 434.987.9455

TORRES FARM

175-acre property near Charlottesville with pastures, woods, Hardware River frontage. Features a pristine 4-bedroom residence, 3 cottages, office, studio, gardens, and pool. MLS#652518

$3,250,000 Jim Faulconer, 434.981.0076 or Will Faulconer, 434.987.9455

NEWLISTING

HISTORIC STAUNTON

Meticulously renovated National Historic Register home, blending modern amenities with remarkable charm. Five-bedroom with tall ceilings, hardwood floors, stained glass windows, and trim. Quartz kitchen, magnificent primary suite, terrace apartment. MLS#653080 $1,295,000 Court Nexsen, 646.660.0700

NEWPRICE

MONTICELLO AVENUE

1-BR, 1-BA condo located just steps away from the Downtown Mall. Featuring a gourmet eat-in kitchen, private balcony and more! Exceptional opportunity to experience the best of Downtown living! MLS#651308 $457,000 Jim Faulconer, 434.981.0076 or Will Faulconer, 434.987.9455

FIELDS OF BOAZ

A country French estate on 24 acres 6 miles from the University of Virginia. Timeless charm and modern luxury with soaring ceilings, spacious primary suite, home office, wine cellar, guest quarters, and private pond. MLS#652608

$3,995,000 Court Nexsen, 646.660.0700

BELLAIR

Recently renovated contemporary home in soughtafter Bellair neighborhood! With 4-BR, 3.5-BA, and a vaulted great room, this residence offers superb construction. Enjoy stunning views from the screened porch. MLS#652438 $2,875,000 Jim Faulconer, 434.981.0076 or Will Faulconer, 434.987.9455

CRAIGS STORE ROAD

76 acre parcel in western Albemarle with compelling views of the Blue Ridge Mountains, diverse terrain, and multiple estate-caliber building sites. 15 miles from Charlottesville, not under conservation easement. MLS#652337 $1,150,000 Court Nexsen, 646.660.0700

KESWICK ESTATE

Discover Keswick Estate, a gated community near Keswick Hall, offering a 2.10± acre building site harmonizing country life and resort living in Virginia’s Blue Ridge Mountains. Create your dream home close to golf, dining, tennis, and more. MLS#650785

$515,000 Court Nexsen, 646.660.0700

being sold below the appraised value. It is 2 parcels located within the Town Activity Center Zoning (mixed use) on a combined total of 4.059 acres, 6 buildings, 1 pavilion, and 1 house, all totaling 35,034 sq ft with ample parking on a corner lot. Contact the listing agent to schedule a showing. The listing agent is related to the seller and must accompany. Parcel #1 is 385 and 389 Waugh Blvd, Orange, VA tax map # 44-111; parcel #2 is 401 Waugh Blvd tax map # 44-113A. The property is being sold in its entirety and will not be divided. Parcel #1 has 6 buildings with a combined square footage of 30,832 plus a 900 SF pavilion, and 3.632 acres. Parcel #2 has a 2,822 gross sq ft residence which includes a full basement, 4 bedrooms, and 3 full baths plus a 480 sq ft detached garage on 0.427 acres. $2,900,000

Waugh-Robinson