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2534-2 Montgomery Ridge Rd, Charlottesville, VA, 22911

5beds
5baths
4,423sqft
$1,490,000
$337price/sqft
$9,101/moest. monthly cost
$364,040/yrincome needed

About This Home

Montgomery Ridge Phase IV may be one of the last communities in Albemarle County offering spacious half-acre homesites. This ultra-rare enclave of just 14 homesites provides exceptional wooded privacy while remaining only minutes from Route 29. All homesites are served by public water and sewer, natural gas, and fiber-optic internet. The Eastville is a contemporary take on a classic design. The floor plan that features 10’ ceilings on the main floor with an open kitchen, back bar and butler’s pantry. The Family room has a coffered ceiling and lots of natural light. There is a main floor bedroom that could also be a home office. There is an open loft/den on the second floor. The basement is partially finished with a Rec Room, Bedroom Rom and Full bath. The open-concept design is ideal for both entertaining and everyday living. Step outside to your screened porch or open deck and enjoy the peaceful wooded setting. Call today for more information.

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
1
BikeSomewhat Bikeable

Schools

8/10
8/10
Lakeside Middle SchoolGrades 6-80.8 mi
5/10
Albemarle High SchoolGrades 9-123.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2027

Materials

  • Foundation: Poured
  • Construction materials: Exterior Duct-Work is Insulated,Foam Insulation,Stick Built

Other

  • Builder name: EVERGREEN BUILDERS

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: ENERGY STAR Qualified Appliances,Tankless Water Heater

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Full,Finished,Interior Entry,Partially Finished,Walk-Out Access

Bathroom

  • Level: Basement

Bathroom

  • Level: Second

Bathroom

  • Level: First

Bedroom

  • Level: Basement

Bedroom

  • Level: First

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Den

  • Level: Second

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Butler's Pantry,Entrance Foyer,Home Office,Mud Room
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,000
  • Finished area above ground: 3,423

Foyer

  • Level: First

Heating & Cooling

  • Heating features: Central,Forced Air,Heat Pump,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,475
  • Total interior livable area: 4,423 sqft

Kitchen

  • Level: First

Laundry

  • Level: Second

Master Bathroom

  • Level: Second

Master Bedroom

  • Level: Second

Mud Room

  • Level: First

Office

  • Level: Second

Other

  • Features: Butler's Pantry
  • Level: First

Recreation

  • Level: Basement

Property

Details

  • Parcel number: Based on final sale
  • Zoning description: R Residential

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.50 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Faces Front,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Strong Wind

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,534$90,408
Home Insurance *$235$2,820
Property Taxes $906$10,872
Electricity $426$5,112
Total$9,101$109,212
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$312,034/yr
40% on housing$273,030/yr
45% on housing$242,693/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$337This listing

vs Other Active Listings

Avg $/sqft

ZIP 22911$247
Albemarle County$284

vs Homes Sold Last Month

Median $/sqft

ZIP 22911$269
Albemarle County$294

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-04Listed for sale$1,490,000

New Construction

AgentTOM RIDLEY
BrokerageLORING WOODRIFF REAL ESTATE ASSOCIATES

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