$9,321

closing credit¹

1497 Terrace Ln Charlottesville, VA 22911

$784,900
3 beds
3 full
3,197 sqft
0.1 acres
$246 / sqft
Townhouse

Property details

About 1497 Terrace Ln

As you step inside this sun-drenched Cascadia villa, you?re met with expansive spaces accented by hardwood floors, quartz countertops, and modern finishes. Designed for main-level living, it features zero entry thresholds, a primary suite with a walk-in shower and separate tub both with grab bars, laundry, and an additional bedroom, currently used as an office, with a full bath. The basement offers a full one-bedroom plus den apartment with a new kitchen, new flooring, and separate exterior access?ideal for rental income, multi-generational living, or game-day gatherings. The seller has invested over $80,000 in recent improvements. Cascadia is known for its numerous amenities, including a pool, clubhouse, multiple playgrounds, a community garden, walking trails, trash pickup, and lawn care. Easy access to I-64, Darden Towe Park, the Rivanna River, Pantops shopping, Martha Jefferson Hospital, UVA, and the Downtown Mall. Energy-efficient construction with a HERS score of 54.,Fireplace in Living Room

Highlights

Home typeTownhouse
HeatingCentral, Forced Air
StatusActive
(ACTIVE)
CoolingOther, Ventilation System, Central Air
Size3,197 sqft
BasementYes
Lot size0.15 Acres
Year built2017
MLS #660591
FireplaceGas/Propane
ViewMountain(s)

Summary

  • MLS Number: 660591
  • MLS Name: CAAR
  • Office Name: LORING WOODRIFF REAL ESTATE ASSOCIATES
  • Office Phone: (434) 977-4005
  • Office Email: dmkeener@gmail.com
  • Listing Agent: NOAH LIBBY KOPP

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a front lawn

$784,900

1497 Terrace Ln

$9,321

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 12, 2017
Home Sold
$527,213

Tax history

YearAssessmentProperty Tax
2024$668,500$5,709
2023$641,700$5,480
2022$556,700$4,469
2021$523,400$4,469

History based on county public records data.

Nearby schools

4

Burnley-Moran Elementary School

Public District PK-4

1.1 mi

1300 Long St

5

Greenbrier Elementary School

Public District PK-4

2.1 mi

2228 Greenbrier Dr

2

Clark Elementary School

Public District PK-4

2.1 mi

1000 Belmont Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $85,671. The majority of Charlottesville, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

23%
<35k
34%
35k-100k
23%
100k-200k
20%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
30%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PaneraPanera
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • LincolnLincoln
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1497 Terrace Ln

This home is located at 1497 Terrace Ln in Charlottesville, VA and zip code 22911. This 3,197 square foot home, which was built in 2017, sits on a 0.15 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $784,900.

While more than 12 listings in Charlottesville, VA in January 2025 were sold above asking price, there were more than 25 listings sold at asking price, and more than 38 were sold below. The number of homes for sale in Charlottesville, VA decreased by 13.3% between December and January 2025. The median list price of listings available in January 2025 was $528,643, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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