5 months on rocket

1524 Gum Bridge Rd, Virginia Beach, VA, 23457

$1,500,000

47.42 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #10543452
Lot Size47.42 Acres
StatusActive

About 1524 Gum Bridge Rd

Beautiful 47 acre farm located in PUNGO. This amazing property has approx. 764' of road frontage. Nearly 35 acres of land that is being farmed and 12 acres of mature trees. This property has the potential for two to three homesites with City Planning and City Council approvals. This property is ideal for an equestrian facility, gentleman's farm or a private homesite with ample room for barns and other agriculture buildings. This tranquil country setting is located approx. 6 minutes from the the Pungo light and 10 minutes from Red Mill shops. Multiple boat ramps are close by for easy access into Back Bay which is referred to as the "Sportsman Paradise." The location of this farm is in close proximity to the Back Bay National Wildlife refuge which intern allows for a prime habitat for Waterfowl and Deer. Lastly, for you dining convenience we have the locally owned Back Bay Deli, Blue Pete's Restaurant, Red Head Bay Cafe and multiple fresh farm markets within a golf carts ride!

Property Details

Property Features

Listing Office:

  • Office Name: Pungo Realty LLC
  • Listing Agent: Herbert Culpepper

Lot Features

Lot Information:

  • Lot Size: 47.42 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000

Tax Information:

  • Annual Amount: $599
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

Med. Sold Price

$560K

Med. Price/SqFt

$220

Avg. Days On Market

22

# of Sold Homes

368

1524 Gum Bridge Rd vs Virginia Beach

155 DAYS ON ROCKET

+133 Days

$1,500,000

+$940K More

KEY TAKEAWAY

This property is $940K more than the Median Sold Price in Virginia Beach, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10543452

Listing Office:

  • Office Name: Pungo Realty LLC
  • Listing Agent: Herbert Culpepper

IDXCopyright © 2024 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed.

The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

Real estate listings held by brokerage firms other than this broker are marked by the REIN symbol; detailed information about such listings includes the names of listing brokers.

REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

Users of this Site are granted a limited, nonexclusive license to use the Site and its listing content for personal and noncommercial use only. Information is deemed reliable but not guaranteed. REIN has no control over the conditions under which broker member or any of the respective agents, employees, customers, clients, contractors or representatives use the sold listings information and does not and cannot warrant, and expressly disclaims any warranty with respect to, the accuracy or completeness of the sold listings information or performance or results that may be obtained by their use. You should not base any important financial decisions on this sold listings information, without independently, verifying such information, or consulting with a professional real estate broker for assistance.

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.

Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$599$446,900
2020$689$446,900
2019$671$446,900
2018$669$446,900
2017$669$446,900

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-711000
8
/10
  • Creeds Elementary School

  • 920 Princess Anne Rd

  • 3.46 miles

  • Public District Grades PK-5

school-card-donut-711001
8
/10
  • Red Mill Elementary School

  • 1860 Sandbridge Rd

  • 5.34 miles

  • Public District Grades PK-5

school-card-donut-711002
9
/10
  • Three Oaks Elementary School

  • 2201 Elson Green Ave

  • 5.82 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,490. Typical income of Virginia Beach, VA residents is between $100k-200k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1524 Gum Bridge Rd

What is the listing price of this property?

The listing price of 1524 Gum Bridge Rd property is $1,500,000.

What type of property is this?

The property 1524 Gum Bridge Rd is land located in Virginia Beach, Virginia, 23457.

Is this property for sale now?

Active Listing: 1524 Gum Bridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $599 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1524 Gum Bridge Rd is 47.42 acres.
Rocket Homes logo

Interested in 1524 Gum Bridge Rd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesVirginiaVirginia Beach234571524 Gum Bridge Rd

This home is located at 1524 Gum Bridge Rd in Virginia Beach, VA and zip code 23457. This home sits on a 47.42 acre lot. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $1,500,000.

In November 2024 more than 0 listings in Virginia Beach, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. Between October 2024 and November 2024, Virginia Beach, VA real estate market has seen increase in the number of listings by 2.4%. In November 2024 median list price was $560,000 and the average listing age was 22 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources