Skip to main contentSkip to navigation
1 / 95

Land with Home for Auction in Nellysford, Virginia

390 Saddleback Knl, Nellysford, VA 22958

$1,500,000 min
5 acres
Auction

List price is a suggested opening bid, not the final sale price, subject to seller confirmation. 10% buyer's premium added to the high bid. Property being sold As-Is, outside any lender-required repairs. Virtual auction ends August 28th at 12 PM. Check the listing company website for full terms, COMPLETE property info, Renovation Information, complete due diligence packets, and HOA Info. THREE WAYS TO BID. Bid on an individual tract or the entirety; the property sells in the combination producing the highest total. Item 1, The Entirety: the residence plus all 5.05 acres, including the Black Walnut Trail lot. Item 2, The Residence Only: on approximately 3.05 acres. Item 3, Buildable Lot: the 2-acre lot on Black Walnut Trail - potentially two buildable lots per the HOA, due to the original subdivision layout of four parcels before they were combined; confirm with the County and HOA. Further subdivision is subject to WPOA and Nelson County approval. A BLUE RIDGE ESTATE THAT LIVES BEAUTIFULLY - AND PERFORMS EXCEPTIONALLY. Refined mountain living paired with documented short-term rental income in Stoney Creek at Wintergreen. Minutes from Wintergreen Resort's ski slopes and championship golf, close to renowned vineyards, breweries and restaurants, near Lake Monocan's beach, and approximately 45 minutes from Charlottesville. Equally suited as a second home, family retreat or future retirement residence. Buyers may retain the existing professional management team; 16 reservations (~$129,000) are already booked. Furnishings available for separate purchase. ESTATE OVERVIEW: Custom contemporary mountain estate (built 1992) at 9,935+/- total sq ft, with 7 bedrooms, 6 full and 3 half baths, and as many as 10 rooms configured to sleep guests - accommodating 16-25+ across three expansive levels. Top-tier scale in a market where large, amenity-rich homes consistently outperform smaller inventory. Standout spaces include a movie/theater room, basement game room, rec room, sunroom, coffee/wet bar, dedicated office, loft, breakfast nook, mudroom and multiple laundry areas. FEATURES: Four fireplaces across the main living, dining and upper-level gathering rooms. Private hot tub with expansive multi-level composite decking. Two screened porches, oversized decks, open porch and courtyard. Cathedral ceilings and two separate living areas. Attached multi-car garage plus additional built-in garage space, with private parking for up to 8 full-size vehicles. Whole-house generator. County water (Aqua) and septic. Mountain, lake and wooded views in a private, park-like setting. Wintergreen community access to golf, tennis, biking and hiking trails, swimming, skiing and year-round maintenance services. PROVEN RENTAL PERFORMANCE - established and verifiable, not a pro-forma projection; full P&L provided. Gross rental revenue 2023-2025: approx. $750,497. Net operating income 2023-2025: approx. $420,013. By year (gross / NOI / ADR): 2023 $277,904 / $161,610 / $1,943. 2024 $229,250 / $124,276 / $1,777. 2025 $243,343 / $134,127 / $1,947. 2026 YTD plus forecast $278,561 / $160,381 / $2,444. Already booked Jul-Dec 2026: approx. $129,465 across 16 confirmed reservations. Airbnb 4.97 stars across 76 reviews; Wander 5.0 stars across 142 reviews. Strong year-round occupancy driven by skiing, golf, wine country, hiking and regional tourism. Variability reflects seasonality and ongoing rate optimization. CAPITAL IMPROVEMENTS - approx. $203,750 invested by current ownership: back deck 2023, $44,000; square footage added 2022-2023, $34,800; interior painting 2024-2025, $29,500; full bathroom addition 2023, $27,250; bedroom addition 2022-2023, $23,450; exterior painting 2024-2025, $18,750; landscaping 2024-2025, $16,500; new lighting 2023, $9,500.New HVAC 2023, renovated kitchen 2023.

9,817
Sq feet
7
Beds
6
Full baths
3
1/2 baths
1992
Built

Auction details

Price
$1,500,000 minimum

Location

Street address
390 Saddleback Knl
Zip code
22958
Elevation
864 feet
Coordinates
37.9016, -78.8897

Property details

Acreage
5.05 acres
Zoning
Residential
MLS #
MyStateMLS 11899824
Posted

Expenses

Homeowner Association Fee
$190 monthly

Parcels

  • 11J-H-H15

Details and features

Listing

Type
Residential

Lot

View
Lake, Water
Waterfront
Lake Front
Features
Cul-De-Sac, On Golf Course

Exterior

Parking
Driveway, Underground/Basement
Pool
Deck, Patio, Porch
Features
Tennis Court(s)

Structure

Stories
3
Water
Public
Sewer
Septic Tank
Heating
Electric, Heat Pump, Propane
Materials
Shake Siding
Roof
Slate

Interior

Room Count
14
Rooms
Bathroom x 9, Bedroom x 7, Laundry Room
Flooring
Carpet, Hardwood, Tile
Fireplaces
Yes
Security
Security System
Features
Entrance Foyer, Master Downstairs, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
July 24, 2026New listing$1,500,000MyStateMLS
Subscribe to listing updates

This 5.05-acre property is located at 390 Saddleback Knl in Nellysford, VA 22958. The property is scheduled for auction. It has a 9,817 square foot 7-bedroom, 7.5-bath house built in 1992.

Listed by Dudley Resources, (804) 709-1954

Checked 2 hours agoUpdated Source

Report listing issue

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact