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
Price cut: $100K (8/14)
$1,100,000
1229 Princess Anne Rd, Virginia Beach, VA 23457
--beds
--baths
108Acres
Unimproved Land
Built in ----
108 Acres Lot
$1,169,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 92 days
- 942
- 50
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: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Pungo
Location
- Region: Virginia Beach
Financial & listing details
- Tax assessed value: $961,800
- Annual tax amount: $3,444
- Date on market: 6/5/2026
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
$1,169,000
$1.11M - $1.23M
$3,399/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,329 -0.8% | $961,800 +1.2% |
| 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
Climate risks
Neighborhood: Princess Anne
Nearby schools
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.




