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LOT1 Princess Anne Rd, Virginia Beach, VA, 23456

$225,000

0.88 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10495489
Lot Size0.88 Acres
StatusActive

About LOT1 Princess Anne Rd

Incredible opportunity to build your dream home in a prime location that offers the perfect balance between tranquility and convenience: minutes from military bases, schools, hospital, Sportsplex, and Amphitheater. With the ongoing growth and popularity of owning land in VA Beach, this is a chance you don’t want to miss! Turn that dream into a reality. Each of the four available lots is ideally situated near major transportation routes, these lots have potential. LOT IS ONE OF 4 LOTS BEING SOLD AS PACKAGE. The properties are zoned AG2 and within the Interfacility Traffic Area (ITA) Overlay. See this table in the zoning code for permitted uses. Specifically for residential uses, because this in the ITA overlay district, residential development on property within the Interfacility Traffic Area shall be limited to single-family dwellings at a density no greater than one (1) dwelling per fifteen (15) acres of developable land. (Ord. No. 2905, 12-20-05; Ord. No. 3006, 1-8-08)

Property Details

Property Features

Listing Office:

  • Office Name: Atlantic Sothebys Int'l Realty
  • Listing Agent: Lauri Hudson

Lot Features

Lot Information:

  • Lot Size: 0.88 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
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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

LOT1 Princess Anne Rd vs Virginia Beach

520 DAYS ON ROCKET

+498 Days

$225,000

-$335K Less

KEY TAKEAWAY

This property is $335K less than the Median Sold Price in Virginia Beach, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10495489

Listing Office:

  • Office Name: Atlantic Sothebys Int'l Realty
  • Listing Agent: Lauri Hudson

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Property Sales & Tax

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$1,190

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-1526732
6
/10
  • Knotts Island Elementary School

  • 413 Woodleigh Rd

  • 5.70 miles

  • Public District Grades KG-5

school-card-donut-1526733
8
/10
  • Creeds Elementary School

  • 920 Princess Anne Rd

  • 6.17 miles

  • Public District Grades PK-5

school-card-donut-1526734
6
/10
  • Shawboro Elementary School

  • 370 Shawboro Rd

  • 7.29 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,429. Typical income of Virginia Beach, VA residents is between $35k-100k annually. Typical family type is married, no kids. 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 LOT1 Princess Anne Rd

What is the listing price of this property?

The listing price of LOT1 Princess Anne Rd property is $225,000.

What type of property is this?

The property LOT1 Princess Anne Rd is land located in Virginia Beach, Virginia, 23456.

Is this property for sale now?

Active Listing: LOT1 Princess Anne Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LOT1 Princess Anne Rd is 0.88 acres.
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Rocket HomesVirginiaVirginia Beach23456LOT1 Princess Anne Rd

This home is located at LOT1 Princess Anne Rd in Virginia Beach, VA and zip code 23456. This home sits on a 0.88 acre lot. It has been listed on Rocket Homes since July 24, 2023 and is currently priced at $225,000.

While more than 0 listings in Virginia Beach, VA in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. The number of listings in Virginia Beach, VA increased by 2.4% between October 2024 and November 2024. Listings spent 22 days on the market in November 2024, and had a median list price of $560,000 during the same period.

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

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