Active

Price cut: $880K (10/12)

$6,985,000

317 Lake View Ln, Palmyra, VA 22963

--beds

--baths

1,156.57Acres

Unimproved Land

Built in ----

1,156.57 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Jefferson Lake Farm - Incredible opportunity to own 1,156+ contiguous acres within 15-20 minutes of Charlottesville, UVA, Monticello and James Monroe Highland. Parcel features a private, well-stocked 12 acre lake plus a smaller 3-4 acre pond. Wildlife galore with deer and turkey. Approximately 250+ acres of open pasture with remaining balance in mixed wood, with miles of streams and trails to enjoy this special parcel. Improvements include 3 rental cottages, equipment shed/workshop and a barn. This unique parcel is in a conservation easement with the Virginia Outdoor Foundation offering only 2 division rights.

164 days
818
72

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Fencing: Fenced,Partial
Has view: Yes
View description: Rural, Trees/Woods

Lot

Size: 1,156.57 Acres
Features: Partially Cleared, Secluded, Wooded
Topography: Rolling
Residential vegetation: Mixed

Details

Additional structures: Guest House, Other, Second Residence
Parcel number: TM 8 A A P 14,14B,14E Tm 16 A 40
Zoning description: RR Rural Residential

Utilities & green energy

Electric: Electricity - On Property
Sewer: Conventional Sewer
Water: Private, Well
Utilities for property: Fiber Optic Available

Community & HOA

Community

Features: Pond, Stream
Subdivision: NONE

HOA

Has HOA: No

Location

Region: Palmyra

Financial & listing details

Tax assessed value: $708,400
Annual tax amount: $7,652
Date on market: 5/20/2026
Cumulative days on market: 165 days
Electric utility on property: Yes
Road surface type: Gravel, Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/12/2026	Price change	$6,985,000-11.2%
Source: CAAR #677397 Report a problem
5/21/2026	Listed for sale	$7,865,000
Source: CAAR #677397 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$5,979	$708,400 +10.2%
2022	--	$642,700
2021	--	$642,700
2020	--	$642,700 -9.5%
2018	$4,963	$710,500 +16.2%
2017	$4,963	$611,200 +8.1%
2016	$4,963	$565,600
2015	$4,963	$565,600