5516 Summit St
CENTREVILLE, VA 20120

$1,500,000

Description

Rare find with 3 residential lots together. Tucked in the heart of Centreville are 5 charming acres available for development. Sale includes three contiguous lots (5, 6, 7); each lot sited on 1.73 acres. Sold in its entirety, parcel is 5.19 acres in total. Build custom on 5 acres. Developer/builders' opportunity to subdivide by land right. Zoned R-1 (1 house per acre), property offers residential potential for enclave of single-family homes. Property resides within an established neighborhood with No HOA. Property is Sold ~AS IS~ with existing structures on middle lot. Utilities onsite. Private Well. Public Sewer. Located at crossroads of Interstate 66, Routes 28 & 29, the property offers convenient commuting access and is 12 miles from Dulles International Airport. The property resides within an established community, near schools, shopping, and is within walking distance of the Centreville Historic District. Situated off a no thru street, the property feels like parkland with open space, surrounded by tall trees. Just beyond the old stable lies a pathway, draped in canopy of luscious greenery and deep roots with a story. The parcels back to a linear park with a woodland trail, known as The Covered Way, which connects the remnants of 3 significant Civil War era fortifications. A ridge runs through Centreville that provides a plateau overlooking the surrounding valleys. This topography was eminently suitable for the monitoring of troop movements, a key factor that led to the construction of the massive Civil War fortifications by Confederate forces at the start of the conflict in 1861. A year later, Union soldiers overtook these fortifications and held the grounds through the end of the Civil War. The Covered Way is a now a walking path, a place to reflect and perhaps envision how soldiers depended on the earthwork fortifications as protection from enemy fire when traveling between forts.

Details

MLS#1009911268
Sub-TypeResale
StatusActive
Days On Site189

Features

Zoning110
Acreage5.19

Market Activity 20120

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Area Information

StateVA
CityCENTREVILLE
Zip Code20120
Listing VS Median (in 20120)
Price:
$1,500,000
low | high
Med:
$1,442,500
53.833333333333% of Average
On Site:
189
low | high
Med:
189.500000
99.736147757256% of Average
Listing Updated: 04/17/2019
MLS Number: 1009911268
Listing Provided By:
Cheryl Herder Thaler  of  TTR Sothebys International Realty

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