$784,900

1497 Terrace Ln Charlottesville, VA 22911

$9,321
Closing credit¹
3 beds
3 full
3,167 sqft
0.1 acres
$248 / sqft
Townhouse

Property details

About 1497 Terrace Ln

OPEN HOUSE SUNDAY 12-2PM. 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.

Highlights

Home typeTownhouse
HeatingCentral, Forced Air, Natural Gas
StatusActive
CoolingCentral Air
Size3,167 sqft
BasementYes
Lot size0.15 Acres
Year built2017
ParkingGarage Door Opener
MLS #660591
Garage2 spaces
FireplaceGas, Living Room
ViewMountain(s)

Summary

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

Broker Reciprocity The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2025 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. 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: 3/14/2025, 3:16:00 PM 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 facade with a front yard

$784,900

1497 Terrace Ln

$9,321

closing credit¹

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0.5% sale price²

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. Most families are single, no kids. The most common level of education of people living 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 3,167 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.

In February 2025, from all listings sold in Charlottesville, VA there were more than 11 sold above asking price, over 26 sold below and more than 16 were sold right at the asked price. The number of homes for sale in Charlottesville, VA increased by 8.6% between January and February 2025. Listings spent 43 days on the market in February 2025, and had a median list price of $533,628 during the same period.

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

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