500 Hanover St, Charlottesville, VA 22903

Nestled atop a sunny knoll in the highly sought-after Fifeville neighborhood, this delightful 3-bedroom, 2-bath Cape Cod blends timeless character with exciting potential. Just a short jaunt to the University of Virginia, the Downtown Mall, & an array of charming shops & restaurants, this gem offers the best of Charlottesville living. Surrounded by mature trees, the home features hardwood floors, a cozy fireplace in the living room, & a freshly painted interior that feels both bright & welcoming. The eat-in kitchen nook & sun-drenched enclosed rear porch provide perfect spots for morning coffee or quiet reading. Downstairs, you’ll find a spacious walkout basement with its own entrance. Whether you envision a guest suite, home office, or rental unit, there’s plenty of room to make it your own. Architectural plans for an elegant renovation are included, helping to bring your dream home—or investment property—to life. Bonus features include ample free off-street parking & generous basement storage. The property is zoned R-B & eligible for expansion. With an adjacent .14-acre lot also available, each offer the option to build up to 6–12 multi-family units or to create a spacious compound with room to grow, play, & entertain.