$3,250,000

3500 Sunset Lodge Ct Charlottesville, VA 22903

5,910 sqft
2.5 acres
$550 / sqft
Multi-Family

Property details

About 3500 Sunset Lodge Ct

Introducing a one-of-a-kind investment opportunity located in the coveted Ivy, VA. Ivy Cottages, formally known as 'The Sunset Lodge Dining Room and Motel' was founded in the early 1900s. This property features 10 thoughtfully designed 1-bedroom, 1-bath units with fully equipped kitchens. Five of these units are fully renovated, turnkey, and currently renting. Two of the 8 cottages are shells awaiting creative renovation (architectural plans available). The main house, currently under renovation, is centrally located on the property. It includes 1,800+- sqft of versatile space on the main level suitable for events or office use. The upper level features two additional 1 bedroom 1-bath units. Conveniently positioned near Charlottesville, UVA, Crozet, and the Monticello Wine Trail, this offering presents a rare opportunity to acquire 10 income producing units in one of the most sought after areas in Central, VA.

Highlights

Home typeMulti Family
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size5,910 sqft
Lot size2.49 Acres
Year built1938
MLS #656728

Summary

  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $3,250,000
  • Price/SqFt: $549
  • Annual Tax Amount: $16,165
  • Tax Year: 2024
  • Directions: From downtown: Take 250W through Ivy, continue for 1.3 miles, property is on the left after you cross Tilman Rd.
  • Year Built: 1938
  • Living Area: 5,910 SqFt
  • Lot Size: 2.49 Acres
  • MLS Number: 656728
  • MLS Name: CharlottesvilleVA
  • Office Name: CORE REAL ESTATE PARTNERS LLC
  • Office Phone: (434) 826-2118
  • Office Email: emma@corecville.com
  • Listing Agent: MAGGIE HOLLOWAY

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: 4/29/2025, 9:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,250,000

3500 Sunset Lodge Ct

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Price information

Property sales

DateEventPrice
Jul 08, 2022
Home Sold
$1,800,000
Jun 06, 2011
Home Sold
$485,000

Tax history

YearAssessmentProperty Tax
2024$1,892,900$16,165
2023$1,689,600$14,429
2022$693,000$5,998
2021$702,400$5,998
2020$582,200$4,971
2019$564,900$4,824
2018$519,800$4,361
2017$435,800$3,656

History based on county public records data.

Nearby schools

8

Murray Elementary School

Public District KG-5

0.5 mi

3251 Morgantown Rd

8

Ivy Elementary School

Public District KG-5

1.9 mi

1610 Owensville Rd

7

Crozet Elementary School

Public District KG-5

4.2 mi

1407 Crozet 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 $103,343. Most Charlottesville, VA residents have annual incomes between $100k-200k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
27%
35k-100k
33%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
7%
Single, with Kids
41%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
10%
18-34 yrs old
49%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

This home is located at 3500 Sunset Lodge Ct in Charlottesville, VA and zip code 22903. This 5,910 square foot home, which was built in 1938, sits on a 2.49 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $3,250,000.

Charlottesville, VA housing market in March 2025 saw over 41 listings sold above listed price, more than 18 sold at listed price and over 22 sold below. The number of listings in Charlottesville, VA increased by 39.9% between February and March 2025. While the average time on the market in March 2025 was 25 days, the median list price was $530,475.

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

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