This week's featured listing is all about the party life. Hosting them, that is.

Part private home, part special event space, this Scottsville property is simply one of a kind. On paper, it's a 4-bedroom, 4.5-bath home on 744 acres in Albermarle County. Take a look at these photos, though, and see if you can imagine its full potential.

6055 Rolling Road South in Scottsville starts with a modest, contemporary home on a sprawling parcel of land dotted with 14 private lakes. The largest of them is the backdrop for one of several event spaces, complete with a white sand beach and dock.

The Red Barn is another gorgeous location where you could easily host the most elegant of weddings or raucous parties. Just look at the soaring design and rustic charm of this immense structure! It has 8,000 square feet of space, including a sparkling catering kitchen, to create any sort of setting you can dream up.

If event planning isn't your thing, not to worry. The entire property can be divided into approximately 150 separate lots. Whether you sell it off or develop it yourself, the earning potential for this listing is astounding. Scottsville is located just minutes from Charlottesville, and the surrounding acreage is a breathtaking mix of pastures, woods, and hilly vistas. Did I mention the golf course?

Whether you hit the ground running with your own event planning business, or create a paradise retreat for your family, this Scottsville property is the perfect listing for someone with a bit of vision. You could live in the main house or the charming 2-bedroom guest cottage while you plan out your next life as "the host with the most."

**All photos courtesy of TTR Sotheby's International Realty.

For additional information, or to schedule a tour of the property, check out the original listing.

Can you imagine yourself living and running this incredible lakefront property? What would you do with all of that land? Let us know your thoughts in the comments!