Spectacular contemporary home, with over 7,500 finished sq.ft. of living space, privately situated atop nearly 17 serene park-like acres in the highly desirable Ivy area with Blue Ridge Mountain views! Truly a special & unique offering with a wealth of opportunities to enjoy! Two residences joined as one, the main living quarters boasts an inviting floor plan over two levels that have been tastefully renovated. The main sunken living room is filled with natural light and has a soaring stone fireplace as the centerpiece. The kitchen features granite countertops, stainless steel appliances, another stone fireplace and attached family or dining space. The primary bedroom has a sitting area, walk-in closet and an attached bath with dual vanities, soaking tub and walk-in shower. The lower level features a family room with fireplace, three bedrooms and plenty of bonus/storage space. The guest quarters have been recently renovated with a new kitchen and include 2 additional bedrooms and baths. The rear fenced stone terraces with pool, hot tub, fire pit and mountain views are a gem and an entertainer's dream! This one is must see!!!
Closed
$2,153,000
340 Grassmere Rd, Charlottesville, VA 22903
9beds
7,535sqft
Single Family Residence
Built in 1986
16.75 Acres Lot
$2,153,700 Zestimate®
$286/sqft
$7,750 Estimated rent
Home value
$2,153,700
$2.00M - $2.30M
$7,750/mo
Zestimate® history
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List your homeWhat's special
Mountain viewsHot tubBlue ridge mountain viewsFire pitKitchen features granite countertopsWalk-in closetSoaking tub
Zillow last checked:
Listing updated:
Listed by:
WILL FAULCONER 434-987-9455,
MCLEAN FAULCONER INC., REALTOR,
JIM FAULCONER 434-981-0076,
MCLEAN FAULCONER INC., REALTOR
Bought with:
ROBERT HEADRICK, 0225068474
NEST REALTY GROUP
Source: CAAR,MLS#: 675095
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 4
- Main level bedrooms: 5
Rooms
- Room types: Bathroom, Bonus Room, Bedroom, Dining Room, Family Room, Full Bath, Foyer, Kitchen, Laundry, Living Room, Office, Other
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: Basement
Primary bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Basement
Bonus room
- Level: Basement
Dining room
- Level: First
Family room
- Level: Basement
Family room
- Level: First
Foyer
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Office
- Level: First
Office
- Level: Second
Other
- Level: First
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Built-In Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Dryer Hookup, Sink
Features
- Double Vanity, Hot Tub/Spa, Primary Downstairs, Multiple Primary Suites, Remodeled, Sitting Area in Primary, Second Kitchen, Walk-In Closet(s), Entrance Foyer, Eat-in Kitchen, Home Office, Kitchen Island, Vaulted Ceiling(s)
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: Casement Window(s), Insulated Windows
- Basement: Crawl Space,Exterior Entry,Full,Finished,Interior Entry,Partially Finished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Masonry, Multiple, Stone, Wood Burning
Interior area
- Total structure area: 8,017
- Total interior livable area: 7,535 sqft
- Finished area above ground: 5,629
- Finished area below ground: 1,906
Property
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Rear Porch, Deck, Front Porch, Patio, Porch, Stone
- Has spa: Yes
- Spa features: Hot Tub
Lot
- Size: 16.75 Acres
- Features: Garden, Landscaped, Partially Cleared, Private, Wooded
Details
- Parcel number: 058000000165K0
- Zoning description: R Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Block
- Roof: Copper
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Security System, Surveillance System
- Subdivision: GRASSMERE
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: Road Maintenance
Location
- Region: Charlottesville
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $1,687,600
- Annual tax amount: $16,611
- Date on market: 3/31/2026
- Cumulative days on market: 20 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Sold | $2,153,000-7.4%$286/sqft |
Source:  CAAR #675095 Report a problem | ||
| 4/20/2026 | Pending sale | $2,325,000$309/sqft |
Source: CAAR #675095 Report a problem | ||
| 3/31/2026 | Listed for sale | $2,325,000+4%$309/sqft |
Source: CAAR #675095 Report a problem | ||
| 10/27/2024 | Listing removed | $2,235,000$297/sqft |
Source: CAAR #657960 Report a problem | ||
| 10/18/2024 | Listed for sale | $2,235,000+103.2%$297/sqft |
Source: CAAR #657960 Report a problem | ||
| 8/16/2016 | Sold | $1,100,000-8.3%$146/sqft |
Source: Public Record Report a problem | ||
| 5/24/2016 | Listed for sale | $1,200,000$159/sqft |
Source: VIRGINIA REAL ESTATE PARTNERS #547674 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,087 +6.6% | $1,687,600 +1.9% |
| 2024 | $14,150 +12.8% | $1,656,900 +12.8% |
| 2023 | $12,540 +4.7% | $1,468,400 +4.7% |
| 2022 | $11,973 +22.4% | $1,402,000 +22.4% |
| 2021 | $9,785 +1.2% | $1,145,800 +1.2% |
| 2020 | $9,666 +0.3% | $1,131,800 +0.3% |
| 2019 | $9,635 +4% | $1,128,200 +2.2% |
| 2018 | $9,265 +103.2% | $1,104,300 +1.6% |
| 2017 | $4,559 -49% | $1,086,800 +1.9% |
| 2016 | $8,945 +100.3% | $1,066,200 -2.3% |
| 2015 | $4,467 | $1,090,800 -1.4% |
| 2014 | -- | $1,106,000 -0.9% |
| 2013 | -- | $1,115,800 -0.9% |
| 2012 | -- | $1,125,600 -0.9% |
| 2011 | -- | $1,135,400 -1.7% |
| 2010 | -- | $1,155,000 -3.3% |
| 2009 | -- | $1,194,300 -4.5% |
| 2008 | -- | $1,251,000 -2.7% |
| 2007 | -- | $1,286,300 +9.5% |
| 2006 | -- | $1,174,900 |
| 2005 | -- | $1,174,900 +16.4% |
| 2004 | -- | $1,009,700 |
| 2003 | -- | $1,009,700 +42.1% |
| 2002 | -- | $710,700 |
| 2001 | -- | $710,700 |
Find assessor info on the county website
Neighborhood: 22903
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Nearby schools
GreatSchools rating
- 10/10Virginia L Murray Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Joseph T Henley Middle SchoolGrades: 6-8Distance: 4.7 mi
- 8/10Western Albemarle High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Murray
- Middle: Henley
- High: Western Albemarle
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Albemarle County
- Charlottesville
- 22903
- 340 Grassmere Rd
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