2 months on rocket

1885 Indian River Rd, Virginia Beach, VA, 23456

$1,250,000

21.10 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10548918
Lot Size21.10 Acres
StatusActive

About 1885 Indian River Rd

Such a rare opportunity to find such a spectacular 21+ acre working farm located in the heart of the Pungo. This spacious farming property has a beautiful Agri building that is approx. 2000sqft of conditioned space with full kitchen, one and half bath & a custom country farmhouse wrap around porch. Additional Agri structures stand behind the main building that have walk-in coolers, produce drying rooms & organic fertilizer storage. On the right side of the driveway you will find poultry pens, compost piles & an additional building with a newer outdoor brick pizza oven. The owner has added additional wells & pumps for Fert. irrigation that encompasses approx. 10 acres of fruit trees, greenhouses & vegetable gardens. The ARP rights have been sold off the farm. One homesite remains. Contact the City of VA Beach for additional information concerning the ARP. All tractors, equipment & emblements convey with property. Farm, buildings & equipment to convey as is, where is. Amazing find!

Property Details

Property Features

Listing Office:

  • Office Name: Pungo Realty Co.
  • Listing Agent: Herbert Culpepper

Lot Features

Lot Information:

  • Lot Size: 21.10 Acres

Other

Directions Information:

  • Directions: East of the Pungo Light

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $3,440
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

1885 Indian River Rd vs Virginia Beach

83 DAYS ON ROCKET

+56 Days

$1,250,000

+$930K More

KEY TAKEAWAY

This property is $930K more than the Median Sold Price in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10548918

Listing Office:

  • Office Name: Pungo Realty Co.
  • Listing Agent: Herbert Culpepper

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,440$367,500
2020$3,507$344,700
2019$3,405$339,700
2018$1,035$339,700
2017$1,035$103,200

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-989371
8
/10
  • Red Mill Elementary School

  • 1860 Sandbridge Rd

  • 1.92 miles

  • Public District Grades PK-5

school-card-donut-989372
9
/10
  • Three Oaks Elementary School

  • 2201 Elson Green Ave

  • 2.16 miles

  • Public District Grades PK-5

school-card-donut-989373
8
/10
  • Princess Anne Elementary School

  • 2444 Seaboard Rd

  • 2.35 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. Most Virginia Beach, VA residents have annual incomes between $100k-200k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1885 Indian River Rd

What is the listing price of this property?

The listing price of 1885 Indian River Rd property is $1,250,000.

What type of property is this?

The property 1885 Indian River Rd is land located in Virginia Beach, Virginia, 23456.

Is this property for sale now?

Active Listing: 1885 Indian River 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 $3,440 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1885 Indian River Rd is 21.10 acres.
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Rocket Homes›Virginia›Virginia Beach›23456›1885 Indian River Rd

This home is located at 1885 Indian River Rd in Virginia Beach, VA and zip code 23456 in the Pungo neighborhood. This home sits on a 21.10 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $1,250,000.

While more than 1 listings in Virginia Beach, VA in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below. Between September 2024 and October 2024, Virginia Beach, VA real estate market has seen increase in the number of listings by 8.8%. In October 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $320,000.

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

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