Prime Commercial Land Development Opportunity Near Lake Monticello! Discover this RARE opportunity encompassing 35+- acres across six parcels, perfectly situated within a flourishing residential community in Lake Monticello. With zoning that accommodates commercial expansion, this sought-after property is ideal for medical facilities, grocery superstores, and retail ventures—meeting the town's growing demand for essential services and businesses for both residents and visitors alike. Water and power are already established, streamlining the development process and making this site even more attractive. Benefit from proximity to scenic lake beaches, community amenities, and vibrant local traffic. This commercial land offers both a strategic location and immensely impactful potential—don’t miss this rare chance to invest in this area that is ready to embrace growth!
Own an Award-Winning Virginia Winery Cunningham Creek Winery, a thriving destination on the Monticello Wine Trail, is your chance to own a turn-key boutique winery. Established in 2012, the 60+ acre property boasts 13 acres of vines and a state-of-the-art production facility built in 2017. The winery can produce 4000 cases annually, with room for expansion. Award-winning wines are crafted using top-notch equipment and include Cab Franc, Chardonnay, Merlot, and more. Nearly all wine is sold directly through the tasting room and established Wine Club, but distribution offers potential for further growth. The inviting tasting room, designed for year-round use, features ample seating, artwork, and a fireplace. A "music corner" and children's play area add versatility. A Farm Store offers snacks and gifts, while a private room caters to events. The outdoor space complements the experience with an L-shaped deck, pergolas, and a manicured lawn, all offering scenic vineyard views and comfortable seating. Live music, food trucks, yoga, and various events throughout the year draw crowds. Don't miss the unique annual celebrations like the Harvest Fest and Easter Cork Hunt. This established winery with a talented team awaits a passionate new owner.
The median home value in Palmyra, VA is $277,300. This is lower than the county median home value of $307,300. The national median home value is $338,100. The average price of homes sold in Palmyra, VA is $277,300. Approximately 88.61% of Palmyra homes are owned, compared to 4.86% rented, while 6.53% are vacant. Palmyra real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palmyra real estate agent to arrange a tour today!
Palmyra, Virginia 22963 has a population of 10,438. Palmyra 22963 is more family-centric than the surrounding county with 33.44% of the households containing married families with children. The county average for households married with children is 33.35%.
The median household income in Palmyra, Virginia 22963 is $85,950. The median household income for the surrounding county is $82,983 compared to the national median of $69,021. The median age of people living in Palmyra 22963 is 41.4 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 42.9 inches per year, with 15.8 inches of snow per year.