Virginia Ave, Culpeper, VA 22701

Culpeper
Local realty services provided by:ERA Valley Realty
Virginia Ave,Culpeper, VA 22701
$2,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jacob mcnemar
Office: re/max gateway
MLS#:VACU2012830
Source:CHARLOTTESVILLE

Price summary

  • Price:$2,250,000

About this home

Looking to build a multi-family investment property in Culpeper, VA? Finding land zoned by right for multi-family development is nearly impossible these days and rezoning a property for that use is even more challenging. The approvals for this project have taken years to secure, and now Willow Grove is just weeks away from being fully shovel-ready. This project has full site plan approval from the Town of Culpeper to construct two buildings totaling 30 units, including a rentable management office. Owner has also obtained full building permit approval for the blueprints. The units are permitted under current codes to be converted into condominiums and sold individually. Additionally, the newly assigned RX zoning provides significant flexibility, including allowance for short-term rentals. While short-term rentals were prohibited in many zoning classifications during the Town of Culpeper's recent zoning overhaul, they were not banned under this designation ”” a major advantage for...

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Home facts

  • Listing ID #:VACU2012830
  • Added:26 day(s) ago
  • Updated:April 01, 2026 at 05:41 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air
  • Central air:Yes

Structure and exterior

  • Lot area:2.45 Acres
  • Architectural Style:Colonial
  • Foundation Description:Slab

Schools

  • Middle school:Other
  • Elementary school:NONE

Finances and disclosures

  • Price:$2,250,000
  • Tax amount:$2,554 (2025)
“Based on information submitted to the MLS GRID as of April 1, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” "Listings courtesy of APPLICABLE MLS as distributed by MLS GRID.

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