Spring, 2020. Exclusive viewing of 5 affordable Lake Monticello homes for sale including some not on the market yet!

  • Find affordable Lake Monticello homes for sale (condos & single family homes) including pre foreclosures, Foreclosures and short sales. Now is the time.
  • Discover fabulous Lake Monticello waterfront homes for sale and waterview homes near the beaches.
  • A thorough explanation of our Lake Monticello real estate prices, their sold comps & what's good & bad.
  • A private lunch with a knowledgeable Lake Monticello realtor.
  • Explore and understand the local area & the rich history of the Jeffersons, Fluvanna County, The James River, and the local vineyards & breweries.
  • 1-to-1 time with Toby & his 17 years of Lake Monticello real estate experience

CONTACT ME

Call or Text us! We are ready to take your call.

434-327-2999

img

Toby Beavers
Your Monticello Homes Realtor

Lake Monticello Homes

Come Enjoy Lake Monticello's Affordable Resort Lifestyle

By Celeste M. Smucker

What do you do if you love all that is Charlottesville, but also want to live close to or on a beautiful body of water? Or maybe you appreciate the mountains and country living, but find your perfect job in Richmond.

If you can relate, discover the benefits of living at Lake Monticello, a popular and affordable gated community in nearby Fluvanna County with a resort lifestyle accessible to buyers from Millennials purchasing their first home to growing families ready for a larger place, and self-employed professionals.

The Lake also appeals to retirees and others who want an elegant waterfront property where they can dock their boat and enjoy the view.

The water is the biggest draw at Lake Monticello, but the world class golf course is beloved of those who enjoy this sport. Plenty of other activities, such as swimming, tennis and walking, are also popular among families, young professionals, telecommuters and retirees. And just about everyone raves about two other features of this community: its easy going year-round vacation lifestyle and the security of living in one of our areas few gated communities.

Second home buyers who want a relaxing place to unwind from day-to-day stress also seek out Lake Monticello. Often, once they experience the magic of being at the lake, they decide to sell their other home and enjoy more stress-free living full time.

For those who have jobs in town, Lake Monticello is an easy drive to both Charlottesville and Richmond. And homebuyers wanting the best value for their money will be thrilled about home prices at the Lake that compare favorably to those in either Charlottesville or Albemarle County.

Lake Monticello’s Real Estate Market

The market is active in Fluvanna County. The recently released third quarter market report from CAAR (Charlottesville Area Association of REALTORS®) shows a small year over year increase in the price of detached homes, while attached homes enjoyed a huge (22.1 percent) increase.

Sellers were also pleased about the significant decrease in the median number of days homes stayed on the market indicating buyers are snapping them up quickly.

The County’s total number of sales to date is 251, including 10 lots, reports Vicki Wilson, Principal Broker at Monticello Country REALTORS®. These figures compare favorably to just 221 sales, including 15 lots, at this time in 2017. There are also 42 homes and/or lots under contract, but not yet closed, indicating a strong year end report.

Wilson added that “new construction is gaining here again,” stating “there are lots available to secure now to build later.” She shared that she and her husband did just that, and are now living in “a brand new home with beach and boat access,” built by custom builder, Taylor Lyn Homes.

Currently buyers can choose from 67 homes and 31 lots for sale in this popular lake community. While that may seem like a lot to choose from, Diane Miller, Associate Broker with Long & Foster – Lake Monticello, explains that any given buyer’s choices are restricted to a narrow price range based on what they can afford and what is suitable for their family. If you look forward to relaxing in a lake home, the time to buy is now before this small inventory shrinks even more.

New construction is an option for buyers unable to find what they want in the resale market, Miller agrees. “There is building going on at Lake Monticello,” she continued, saying that some builders already own lots and are ready to build while others are checking out what is currently on the market. While most homes in this community are not right on the water, there are always buyers looking for waterfront properties as soon as they come on the market.

“The buyers for waterfront homes are diverse; some are well into retirement, others retiring in several years, and still others are purchasing a weekend getaway for their growing young families,” explains Patsy Strong Principal Broker at Strong Team REALTORS®. “Interestingly enough, they all purchase here with the idea of enjoying a more relaxed waterfront lifestyle, which they immediately find at Lake Monticello!”

Regardless of whether you want a lot or have plans to build a new home it is a good idea to work with “a seasoned, experienced agent that has new construction experience,” when building your Lake Monticello home, Wilson says.

This is also good advice for those buying resale homes, especially if they have questions concerning issues such as water access, water sports, boat use, and docks.

Lake Monticello’s Many Benefits

Back in the 1960s, developers saw a piece of forested property and envisioned a lake surrounded by homes. The project got off the ground, and soon the Home Owners Association (HOA) took over the community’s management. By the early 1980s, Lake Monticello was a modest 400 lot subdivision.

The original lake grew in size in 1969 when Hurricane Camille brought torrential rains and weakened a nearby dam causing an influx of water from another lake. Today the 350-acre Lake Monticello has 22.5 miles of shoreline and is surrounded by 4,200 homes.

A recent analysis of local real estate trends by Michael Guthrie, CEO and Broker with Roy Wheeler Realty Co., examined the increased real estate activity in areas outside of Charlottesville City and Albemarle County. “Buyers are having to travel out a bit further to find a home they can afford,” he said.

Lake Monticello with its amenity-rich lifestyle is a great example of this trend. “There is a great opportunity here for first time home buyers or buyers downsizing,” Wilson said.

A quick search of area homes finds several available for under $200 thousand. If you are a first time buyer or a downsizer and this is your price range, call your REALTOR® today as these homes won’t last long.

Once homebuyers settle into their new place at the lake they can enjoy plenty of other benefits along with their lower monthly payments.

The HOA—which all residents must join—provides essential services, and homeowners pay annual dues for amenities such as common ground maintenance, trash pickup and snow removal plus the security gate and a full-time police force.

“The Lake Monticello Homeowners Association continues to make nice improvements here, which are attracting new buyers from all over the country,” Strong said. “The golf course has never looked better, and the summer saw lots of residents enjoying swimming and boating activities,” she concluded.

“There have been a new pub, clubhouse and golf clubhouse renovations in the past few years,” Wilson said, adding that “the pub is open to the public and so is Lakeside Restaurant.” In addition, “the new pool is currently being constructed for spring, and the tennis courts are newly finished too. The community has been here for years so having all new and updated facilities is wonderful,” she said.

In the event of a fire or medical emergency, a fire and rescue squad is ready and waiting just outside the gate, and is quick to respond. Tom Morace, Broker with Long & Foster - Lake Monticello, recalled an experience when an ambulance and the EMT arrived within five minutes after his mother slipped on her deck, fell and broke her shoulder.

One snowy winter evening Wilson had a similar emergency that prompted a call to the rescue squad. Help was there within five minutes even though many local roads were closed due to the snow.

The quality of Fluvanna County schools is a critical consideration for families with children who appreciate the high level of parental involvement and the variety of student programs available including special education, gifted and talented education, career and technical education, and alternative education. Thanks to Fluvanna County’s quality schools, the Class of 2018 earned over $1.3 million in scholarships.

Second Homes Popular

Lake Monticello is a popular destination for work-weary people who want a place to rest and rejuvenate on long weekends and during vacations. In fact, many love their second home so much, they choose to live at the Lake full time.

“I have sold several homes in the past couple of years where buyers have bought a second home with plans of retiring in the future. Most of them have taken an early retirement and moved here permanently,” Wilson said. “They fall in love with the lake and the ‘vacation at home’ feeling, so they move sooner rather than later.”

Second home buyers come from all areas, but many appreciate the relatively short trip from Northern Virginia, Maryland and DC. Some also come from the northeast.

Lake residents enjoy high speed internet service, which is attractive to home owners who are self employed, telecommuters or who work from home at least part of the time. Not only can they enjoy the beautiful views from their home office, they can also look forward to a boat ride or a leisurely walk around the Lake when they take a break. No wonder so many decide to sell their other house and work at the Lake full time.

“I have seen it over and over again,” Strong said. “Buyers purchase a waterfront home for weekend use, then they start extending their weekends and working there on Fridays and Mondays. Eventually I run into them in the middle of the week and they confide they have made the move to the water permanent.”

Lake Monticello Buyers

The Lake’s original developers found buyers in New York and other northern cities explains Keith Smith with Roy Wheeler Realty Co. – Charlottesville. At that time, he and his wife Yonna, also a REALTOR®, lived in New York City and were enticed by a $150 incentive to come experience Lake Monticello. They fell in love with the area and the lake, bought a lot and relocated.

They soon realized their lot was overpriced, but encouraged Smith’s father to join them in their resort lifestyle. He in turn invited some of his friends who also settled there after seeing the beauty of an area that is such a pleasant contrast to New York City.

The trend of lake residents encouraging family and friends to join them continues today.

“One of the most interesting things we see is people who move here and enjoy it so much they end up getting family members and friends to join them,” Strong said.

Today buyers still come to Lake Monticello from the northeast and from Northern Virginia. They come for the “low home and land prices, the proximity to Charlottesville and Richmond and the community activities and involvement. Many of my clients get involved in the volunteer opportunities within Lake Monticello and Fluvanna County once they are here,” Wilson said.

If you love the idea of living where you can enjoy a 12-month vacation, plus take part in the many opportunities Charlottesville has to offer, call your agent today. You’ll be experiencing a comfortable resort lifestyle before you know it.

Vacation Year Round at Lake Monticello

BY CELESTE M. SMUCKER

There’s a reason why Charlottesville is prominent on so many “Best Of” lists like 50 Best College Towns, Top 50 Best Cities for Entrepreneurs, Top 100 Best Places to Live and many more. Those of us who live here know it’s an all-round great place to call home. So what to do if you love all that is Charlottesville, but also want to live close to or on a beautiful body of water?

If this describes you, ask your agent about Lake Monticello, a popular gated community in nearby Fluvanna County whose resort lifestyle is accessible to everyone from young, first-time buyers to families needing more space, and professionals, retirees and others who want an elegant waterfront property where they can dock their boat and enjoy the view.

Lake Monticello’s main attraction is the water, but residents also enjoy a world class golf course and plenty of other activities. Swimming, tennis and boating, are all big draws for families, young professionals, telecommuters and retirees many of whom also rave about two other features of lake living: the laid back atmosphere and the security that comes with being in a gated community.

The lake also attracts its share of second home buyers ready to relax on weekends far away from the day-to-day stress of their lives. It’s not uncommon, though, that once they experience the magic of being at the lake, they end up selling their other home to enjoy their relaxing lifestyle full time.

For those who have office jobs, Lake Monticello is a short commute to Charlottesville and even Richmond is easily accessible. And if you are a buyer that has been looking closer in, you will be thrilled about the home prices at the Lake that compare favorably to what are available in either Charlottesville or Albemarle.

Lake Monticello’s Real Estate Market

The third quarter market report from CAAR shows that Fluvanna County home sales are up 2.4 percent over last year, accompanied by a robust increase in pending sales of 32 percent. These results are reflected in the optimism expressed by agents who work the Lake Monticello market.

“The market is still very active in Lake Monticello,” said Patsy Strong, Principal Broker at Strong Team REALTORS®. “We have buyers calling and emailing every single day asking for homes, and they are looking for all types of homes,” she continued indicating the buyers want everything from homes suitable for first timers to luxury homes on the waterfront.

Strong expressed a concern, shared by many REALTORS®, that “inventory is extremely low right now.” And the good news is that there have been 206 homes sold year to date at Lake Monticello with another 40 homes pending a closing. “Last year, we saw 242 homes close in Lake Monticello, so we may very well beat that number this year,” she said.

“First time home buyers can do well [at Lake Monticello] with 15 active homes under $200,000 currently, between $129,000 and $200,000,” said Vicki Wilson, Principal Broker at Monticello Country REALTORS®. The lowest price home to sell this year actually went for $77,500, she explained, adding that it sold “as is,” and needed work.

There are currently 65 homes for sale at the Lake in price ranges from $150,000 to $1 million said Diane Miller, Associate Broker with Long & Foster Real Estate Company. She suggested that while 65 might seem like a lot of options, any given buyer’s choices are restricted to a narrow price range based on what they can afford and what is suitable for their family. She echoed the concern that inventory is limited making for buyer frustration and putting pressure on prices that are “inching up.”

New construction is an option for some buyers not finding what they want in the resale market. “There is building going on at Lake Monticello,” Miller continued, stating that in some cases builders already owned the lots and are now ready to start building while others are scouting out what is on the market.

“There are a handful of waterfront lots available,” Wilson related. “They range from $90,000-$374,000,” depending on how much water access or frontage they come with and how remarkable the view. She stressed the importance of working with “a seasoned, experienced agent that has new construction experience,” when building your Lake Monticello home.

Why Lake Monticello

Lake Monticello was originally the brain child of some developers who, back in the 1960s, saw a piece of forested property and envisioned a lake surrounded by homes. The project got off the ground, and soon the Home Owners Association (HOA) took over the community’s management. By the early 1980s, Lake Monticello had become a modest 400 lot subdivision.

The original lake with just 35 to 40 feet of water, got a big boost from torrential rains that came with Hurricane Camille in 1969 that in turn weakened a nearby dam and caused an influx of water from another lake. Today the 350-acre lake has 22.5 miles of shoreline surrounded by 4,200 homes and a large cross section of people lucky enough to enjoy a year-round vacation lifestyle.

All Lake Monticello residents enjoy essential services provided by the HOA—of which they must be members—and must pay annual dues to cover amenities such as common ground maintenance, trash pickup and snow removal. Fees also cover the security gate and a full-time police force.

“The Lake Monticello Homeowners Association continues to make nice improvements here, which are attracting new buyers from all over the country. Who doesn’t want to live in a community where neighbors wave to neighbors and every day feels like a vacation?” Strong concluded, adding that “Lake Monticello has had a phenomenal year with new dining facilities constructed and opened, plus planning set for a new pool complex! The golf course has never looked better, and the summer saw lots of residents enjoying swimming and boating activities!”

In the event of a fire or medical emergency, a fire and rescue squad stands ready to help just outside the gate, and they and the police are quick to respond regardless of the weather. Wilson had an emergency at her home one winter evening that prompted a call to the rescue squad. Help was there within five minutes even though many local roads were closed due to snow.

Affordability is a big draw for people who start their home search in Charlottesville. Maggie Gunnels, with the Lake Monticello office of Long & Foster, once lived in a “70s rancher” in town. Now she lives in a much nicer home at the Lake where she estimates buyers can enjoy as much as two times the square footage for the money compared to what is available closer in.

Recent price increases have also added some nice equity to people’s homes. Gunnels described a 1,300 square foot rancher that a year ago would have sold for under $130,000 and today would be listed in the $150,000 to $160,000 range.

The quality of the Fluvanna County schools is an important consideration for families with children who appreciate the variety of student programs available and, the District reports, a high level of parental involvement. When it comes to college, seniors in the Class of 2017 received an impressive $896,136 in scholarship money.

Second Homes

Many learn about Lake Monticello when they enter the second home market. Often, though, after they experience life on the water they choose to move there permanently.

“I have sold several homes in the past couple of years, where buyers have bought a second home with plans of retiring in the future. Most of them have taken an early retirement and moved here permanently,” Wilson said. “They fall in love with the lake and the ‘vacation at home’ feeling, so they move sooner rather than later.”

In some cases second home owners bring work to their weekend home and after they realize they have access to essential high speed internet service and can also enjoy the beautiful views, or walk around the Lake when they are ready to take a break from the job, decide to sell their other house and work at the Lake full time.

“I have seen it over and over again,” Strong said. “Buyers purchase a waterfront home for weekend use, then they start extending their weekends and working there on Fridays and Mondays. Eventually I run into them in the store in the middle of the week and they confide that they have made the move to the water permanent.” She added that they always have a big smile on their faces when they explain why they made the move.

Lake Monticello Buyers

Back in the 1980s, the original Lake Monticello developers looked for buyers in New York and other northern cities explained Keith Smith with Roy Wheeler Realty Co. At that time, he and his wife Yonna, also an agent, traveled down from New York City in response to an ad offering to pay visitors $150 to come experience Lake Monticello. Like many others, they fell in love with the area and the lake, bought a lot and relocated.

Although they soon realized they had paid too much for the lot, they urged Smith’s father to join them in their new lifestyle. He in turn invited some of his friends who also settled at the lake after seeing the beauty of an area that was such a pleasant contrast to life in the City.

The trend of lake residents encouraging family and friends to join them continues today. “One of the most interesting things we see is people who move here and enjoy it so much they end up getting family members and friends to join them...it says a lot about the quality of life at Lake Monticello that people would move here, and then convince friends and family to do the same,” Strong said.

Today buyers still come to Lake Monticello from the northeast and from Northern Virginia, Wilson explained. They come for the “low home and land prices, the proximity to Charlottesville and Richmond and the community activities and involvement.

Many of my clients get involved in the volunteer opportunities within Lake Monticello and Fluvanna County once they are here,” she said.

Essentials Close at Hand

In Lake Monticello’s early days, residents drove to Charlottesville for everything from groceries to medical, dental and vet care and even gas. Today essential services such as medical facilities, dentists, attorneys, veterinary care, a pharmacy, a grocery store and restaurants are all nearby and at Zion Crossroads Lowes and Walmart are popular places to shop. In addition, residents can now jump on the interstate and head west to shop at Wegmans and other great stores, enjoy a nice lunch and even take in a film, all at the new 5th Street Station.

If you love the idea of living at Lake Monticello, now is the time. The market is rebounding strongly, but prices are still reasonable and interest rates remain historically low, which means many great deals.

But don’t wait. Agents are reporting inventory shortages and price increases, all of which will make this vacation lifestyle increasingly inaccessible as time goes by.

LAKE MONTICELLO:
Affordable Lake Living at Its Finest

BY KRISTIN BRUNO

Located in northwestern Fluvanna County—and a mere 16-miles from Charlottesville—the 3,500-acre gated golf and country club community of Lake Monticello is particularly appealing to home buyers who long for quiet country living along with the benefits that residing in proximity to a city allows.

Now in its 50th year, the community boasts resort-style amenities, its own full-time police force and fire department, a community clubhouse, newspaper and television channel—as well as a selection of homes and land at varying price points; many of which are quite affordable. With all that Lake Monticello has to offer, it is no mystery why so many people have chosen it for their home.

Lake Monticello’s History

While there are varying accounts as to how the Lake Monticello community originally came to be (there is an ongoing effort to fill-in-the-blanks with respect to its history) the Lake Monticello Owners Association website provides some insight as to its inception.

The idea for the community was first conceived in the late 1950’s by four local businessmen—Robert Harmon, Harry Lewis, Aubrey Huffman, and David Turner. The initial plan was to build a recreational community with a 2.5-mile-long lake, replete with 16 miles of shoreline. By raising the shoreline a few hundred feet above sea level, they envisioned creating panoramic views of the expansive lake, as well as the stunning Blue Ridge Mountains beyond. Harmon, Lewis, Huffman and Turner began purchasing parcels of land from various area landowners in an effort to bring their idea to fruition.

The initial plan was to build a recreational community with a 2.5-milelong lake, replete with 16 miles of shoreline. By raising the shoreline a few hundred feet above sea level, they envisioned creating panoramic views of the expansive lake, as well as the stunning Blue Ridge Mountains beyond.

Plans for the community changed significantly after the death of Harmon in 1967. The parcels of land that were acquired by that time were sold to the Great Eastern Development Corporation. Thereafter, Great Eastern developed the land, arranged the lots, outlined the lake and designed the golf course.

Lake Monticello was finally completed by Harry Faulconer—originally a partner at Great Eastern—whose independent construction firm bought out the remaining partners. Initially conceived as a recreational and summer vacation community, Lake Monticello gradually evolved into a suburb of Charlottesville, with a significant number of residents commuting to the city for work.

Present Day Lake Monticello

Today, the bustling community boasts over 4,200 homes—situated along 60-miles of lovely, winding country roads—with between 85 and 90 percent of owners residing there year-round.

“The wonderful thing about living in Lake Monticello is the fact that it is a very diverse community with young professionals, families, and active retirees living here,” says Patsy Strong, Principal Broker at Strong Team, REALTORS®. “I’ve lived here since 1996, and have worked as a REALTOR® here since 2001. This community is unique in the fact that there is a home here for everyone. From homes priced from $150,000 to over one million dollars; our community has something for every age and economic background.”

Spectacular Amenities

Lake Monticello offers a host of amenities; a big draw for prospective home buyers. When shopping for her own home, Strong found the profusion of amenities and activities available at Lake Monticello a key selling point. “I moved here for all of the amenities,” she explains. “We were new to the area, and I wanted a community that would offer activities for me and my children, plus a friendly environment.”

Those who are athletically inclined are sure to enjoy the abundance of opportunities the community offers for exercise. There is a swimming pool complex (replete with its own competitive swim team), a paved walking track, ballpark, playgrounds, softball/soccer fields, as well as tennis, pickleball, basketball, and bocce ball courts.

Avid golfers will delight in playing a round at the 18-hole PGA championship golf course, home to the annual Faulconer Invitational. It has even played host to the Virginia Open more than once. There is also a pro golf shop, driving range, and a PGA golf professional on staff.

The community boasts two onsite dining options for residents; The Pub at Fairway Clubhouse and The Lakeside Restaurant. The Pub—as its name suggests—serves standard pub fare in a casual atmosphere, and is open for breakfast, lunch, and dinner seven days a week. The Lakeside Restaurant is open on Friday and Saturday evenings only and features a varied menu, as well as stunning lake views. It is available for weddings and other private events.

Perhaps the most enjoyable community amenity is picturesque Lake Monticello itself. Originally formed by a dam on a short tributary of the nearby Rivanna River, rains from devastating Hurricane Camille in 1969 helped to fill it.

Today, the 352-mile lake is fed by over 200 freshwater natural springs, and runs 2.5 rambling miles from endto-end. There are five pristine sandy beaches, each with its own fishing dock and roped swimming area, as well as barbeque and picnic facilities. Strong particularly enjoys sitting along the lake “…with a good book, watching the boats go by.” There is also a full-service marina, with boat launch, slip rentals, and several docks. Put simply, Lake Monticello is paradise to those who love the summer months.

The community also has its own 35-acre stocked fishing lake—Tufton Pond—on premises. The pond is limited to non-motorized boats, creating an atmosphere of quiet serenity. Swimming is not permitted, and a fishing license is required. Several fish are limited to catch and release; including sunfish, as well as largemouth bass that are 15” or more in length. The pond is ideal for kayaking, canoeing or paddle boarding, and it too has its own barbeque and picnic area.

Proximity to Popular Area Attractions

It is clear that Lake Monticello offers homeowners an abundance of things to do onsite, but it is also ideally located in proximity to a multitude of spectacular attractions. Monticello— the famed residence of Thomas Jefferson, and Highland—the home of James Madison—are 10 miles away.

The 42.1-mile long Rivanna River is less than a mile away, and is ideal for swimming, fishing and floating. It is also the starting point of the greenbelt Rivanna Trail, which takes hikers a total of 20-miles around the circumference of Charlottesville.

In the winter, residents can enjoy skiing at Wintergreen Resort, located in Nelson County, a mere 55 miles away. Nelson County also has several popular wineries, breweries, cideries and distilleries that offer tours and tastings. The historic area of Colonial Williamsburg is within a 2-hour drive.

Finally, Richmond—the capital of the Commonwealth—is 50-plus miles from Lake Monticello, offering access to cultural institutions like the Virginia Museum of Fine Arts, as well as a host of restaurants and excellent shopping.

A Sense of Community

When you speak to residents of Lake Monticello about why they like living there, one response is constant—its sense of community.

Diana Calvo recently moved from Charlottesville to Lake Monticello with her husband and daughter. Having lived in the heart of Boston for a significant part of her life, the transition to Virginia took some getting used to— the move from Charlottesville to Lake Monticello even more so.

“I was not at all comfortable with the prospect of living in the woods, as well as with the wildlife that naturally comes along with it,” says Calvo. Fast forward one year, and she is so pleased with their decision to buy a home in Lake Monticello. “My husband gets to live in the woodsy, country setting he’s always wanted, and I’ve found a wonderful sense of community here.”

Strong echoes that sentiment when she explains, “The thing I like most about living here is the fact that when you pass your neighbor on a bike, in a car, or out for an evening walk, everyone waves ‘hello!’ It’s what I would imagine growing up in a small town feels like.”

Lake Monticello’s Clubhouse plays an integral role in fostering this sense of community. In addition to housing the Lakeside Restaurant, the Clubhouse is used for a host of events, as well as meetings. There are quite a few social clubs that utilize the facility, including those for people who enjoy scrapbooking, quilting, gardening, singing, theatre, cooking and reading—to name just a few. There is a selection of fitness classes, among them aerobics, yoga, and dance lessons available to residents. The clubhouse also plays host to teen and tween dances throughout the year.

Real Estate Market

Regarded as one of the top markets in Virginia for lake homes and homesite lots (community lots range from one-quarter to one acre), Lake Monticello boasts an active real estate market, with homes available at various price points, that cater to all types of prospective buyers. It is located in the Fluvanna County School District.

According to Vicki Wilson, Principal Broker/Owner at Monticello Country REALTORS®, homes priced under $200,000 tend to attract first-time home buyers, along with those who are looking to downsize. She finds that the latter prefer one level homes with garages. Not surprisingly, there is a robust market for waterfront and golffront homes at Lake Monticello.

Thus far this year, there have been 226 homes sold there at a median price of $223,500—up from $213,250 in 2018—with the average days-on-the-market currently sitting at 52 (trending down compared to last year).

Community Events and Activities

Lake Monticello boasts a host of recreational, cultural and social activities and events throughout the calendar year. There is something for everyone; car shows, arts and craft shows, swim meets, golf tournaments, competitive tennis matches, and gardening seminars, to name just a few. Seasonal and holiday events abound and include Easter egg hunts, the annual 4th of July picnic and fireworks over the lake, three boat parades, and Oktoberfest. Not surprisingly, community Christmas events are a particular favorite among adults and children alike. The annual Christmas parade even features Santa himself.

Street festivals are common in Lake Monticello, and there are several that occur throughout the year. This September, the community hosted a very special street festival—a celebration in honor of its 50th anniversary. The event featured children’s activities, live bands, and a selection of vendors selling their wares. Strong explains, “One thing I can say about living in Lake Monticello is the fact that there is no excuse to ever be bored here. There is just so much to do!”

Neighborly and affordable, Lake Monticello is the ideal place to settle for those who yearn to live in a quiet country setting, while still in proximity to the conveniences, cultural opportunities and activities that cities like Charlottesville provide.

Close-knit, diverse, welcoming and naturally beautiful, the community is a must-see for those looking to purchase a home in central Virginia.