Residential Land for Sale in Charlottesville, Virginia
Preston Ave, Charlottesville, VA 22903
Opportunity to purchase 9 home sites located in the heart of Charlottesville within minutes to UVA, Barracks Road, Shops at Stonefield and Downtown! The portfolio consists of 9 continguous or near-continguous parcels zoned R-A (Low Density Residential). While "Low-Density" traditionally implied single family homes, the new "Charlottesville Zoning Ordinance could possibly permit up to 3 units per lot by-right, and up to 6 units with affordability bonuses. The opportunity to develop a residential cluster of homes that meet the growing demand of walkable housing in the City of Charlottesville is waiting for a developer with a desire to build and make a significant impact in the local real estate market. Additional information available on approved plans.
Location
- Street address
- Preston Ave, Lot 1
- County
- City of Charlottesville
- Zip code
- 22903
- Community
- Charlottesville
- Elevation
- 466 feet
Directions
Rugby Road turns into Preston Ave to the corner of Preston and Cabell. Lots are located on Preston Ave and Barbour Drive.
Property details
- Lot size
- 0.73 acres31,799 sq ft
- Zoning
- R-A Low-Density Residential
- MLS #
- CAARMLS 675999
- Posted
Property taxes
- 2026
- $14,651
Legal description
Parcel IDs (Lot#) 030068000 (1) 030068001 (2) 030068002 (3) 030068003 (4) 030068004 (5) 030068005 (6) 030068006 (7) 030068007 (8) 030072000 (3)
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type |
|---|---|
| Trailblazer | Elementary |
| Charlottesville Middle | Middle |
| Charlottesville | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 24, 2026 | Under contract | $1,495,000 | — | CAARMLS |
| Apr 17, 2026 | New listing | $1,495,000 | — | CAARMLS |