This is a rare opportunity to own 108 acres in the Pungo area of Virginia Beach. This unique property offers a beautiful mix of open farmland and wooded acreage - the perfect setting for a private estate, recreational retreat, or long-term investment. A portion of the land is currently being farmed, providing agricultural use and potential tax advantages (subject to buyer verification). Wooded areas offer excellent habitat for wildlife, ideal for hunting and outdoor enjoyment. Access is via a private drive, enhancing the secluded, estate-like setting. Approximately 3 acres of the property contain an existing dwelling that is uninhabitable and being sold as-is, along with trailers, debris, and outbuildings. Seller may remove some items while listed, but makes no guarantees. Zoned AG1. Large tracts this size in VB are increasingly rare, making this a unique opportunity to create a private estate, recreational haven, or legacy property.
Lot/land
$1,200,000
1229 Princess Anne Rd, Virginia Beach, VA 23457
--beds
--baths
108Acres
Unimproved Land
Built in ----
108 Acres Lot
$1,646,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 4 hours |
- 106 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Susan Moody,
Howard Hanna Real Estate Svcs. 757-547-9691
Source: REIN Inc.,MLS#: 10638277
Facts & features
Property
Features
- Fencing: None
- On waterfront: Yes
- Waterfront features: Creek, Marsh
Lot
- Size: 108 Acres
- Features: Cleared, Flag, Wooded, 100.1 to 200 Acres
- Residential vegetation: Heavily Wooded, Partially Wooded
Details
- Additional structures: Other, Unhabitable Dwelling
- Parcel number: 24013240920000
- Zoning: AG1
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Septic
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Pungo
Location
- Region: Virginia Beach
Financial & listing details
- Tax assessed value: $950,100
- Annual tax amount: $3,444
- Date on market: 6/5/2026
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
$1,646,500
$1.14M - $2.34M
$3,399/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,406 +1.5% | $950,100 +1.5% |
| 2023 | $9,264 +4.4% | $935,800 +4.4% |
| 2022 | $8,872 +9.9% | $896,200 +9.9% |
| 2021 | $8,072 -10.9% | $815,400 -0.3% |
| 2020 | $9,062 +10.6% | $818,200 +0.1% |
| 2019 | $8,190 +252.8% | $817,000 |
| 2018 | $2,322 +2% | $817,000 +0.4% |
| 2017 | $2,276 +2% | $813,600 +1.7% |
| 2016 | $2,230 -10.4% | $799,900 +0.3% |
| 2015 | $2,489 | $797,700 +0.8% |
| 2014 | $2,489 | $791,300 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Princess Anne
Nearby schools
GreatSchools rating
- 8/10Creeds Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 9/10Princess Anne Middle SchoolGrades: 6-8Distance: 6.3 mi
- 9/10Floyd Kellam High SchoolGrades: 9-12Distance: 5.3 mi
Schools provided by the listing agent
- Elementary: Creeds Elementary
- Middle: Princess Anne Middle
- High: Kellam
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Virginia Beach City
- Virginia Beach
- 23457
- Princess Anne
- 1229 Princess Anne Rd




