The circumstances that led former D.C. telecom executive Tom Sullivan to put his massive Charlottesville, Virginia-area estate, Mount Ida Reserve, on the market in 2020 for $75 million haven’t changed. His kids have grown. He spends significant time in New England with his mother.
“As a family gathering spot, it’s not something we were using any longer,” Sullivan, formerly of Arlington’s TeleCorp PCS before it sold in 2002 to AT&T Wireless for $4.7 billion, said of the Scottsville, Virginia, estate, which sits just down the road from Trump Winery and Dave Matthews’ Blenheim Vineyards. “From that perspective, it was the right time.”
What has changed is Mount Ida Reserve. Since it was first listed, the 4,500-acre estate on Blenheim Road has been carved up into smaller — not small by any means — bites. Over the last two-plus years, Sullivan said, as prospective buyers came through, there proved to be lots of different opportunities as the pandemic drove a surge in exurban…
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