- 2 beds
- 2 baths
- 1,976 sqft
- $278 per sqft
- 1964 build
First time on the market! This unique opportunity in the heart of Charlottesville offers incredible potential for updates and customization. 1160 Pen Park Ln sits on a spacious lot and includes an additional rear parcel (061A0-00-00-02400) at .72 acres, bringing the total acreage to 1.41 acres. Tucked away yet just minutes from downtown, parks, and shopping, this property provides the perfect canvas to create your dream home or investment project. Don't miss the chance to reimagine this one-of-a-kind property in a highly desirable location.
Last checked:
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Last updated Jun 13, 2025
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MLS# 665765 —
The Building
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Year Built:1964
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Year Built Source:Estimated
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New Construction:No
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Construction Completed:No
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Structure Type:Detached
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Architectural Style:Other
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Levels:2
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Accessibility Features:None
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Foundation Details:Slab
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Basement:Yes
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Basement Type:Partially Finished
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Building Area Units:Square Feet
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Building Total SqFt:2840.00
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Total SqFt Source:Assessor
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Total Below Grade SqFt:1200
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Unfinished Area Units:Square Feet
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Above Grade Finished SqFt:1376
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Above Grade Finished SqFt Source:Assessor
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Above Grade Unfinished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Finished SqFt:600
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Below Grade Unfinished SqFt:600
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Below Grade Unfinished SqFt Source:Assessor
Interior
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Interior Features:Entry Level Bedroom
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Room List:Full Bath
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Fireplace:No
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Living Area SqFt Source:Assessor
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Living Area Units:Square Feet
Room Dimensions
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Total SqFt:2576
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Living Area SqFt:1,976 Sqft
Financial & Terms
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Sale Type:Standard
Location
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Directions:From Rio Rd. E turn onto Pen Park Ln. House is on left.
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Latitude:38.05159000
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Longitude:-78.45950700
The Property
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Property Type:Residential
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Lot Size Acres:0.69
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Zoning:R-4
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Zoning Description:Residential
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Water Oriented:No
Listing Agent
- Contact info:
- Agent phone:
- (540) 836-7147
- Office phone:
- (434) 326-5477
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,163.36
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1.00
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Main Level Full Baths:1
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All Lower Levels Total Baths:1
Heating & Cooling
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Cooling:No
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Cooling Type:Window Unit(s)
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Central Air:No
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Heating:Yes
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Heating Type:Central
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
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Internet Services:Cable
Schools
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Middle School:Burley
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High School:ALBEMARLE
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School District Name:Albemarle County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Pen Park
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$550,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,945
|
Taxes | $346 |
Insurance | $151 |
Utilities | $208 See report |
Total | $3,650/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Listed / Active | BRIGHT | $550,000 |

36% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $337k over asking price.