Rare 3-acre Opportunity in the Fast-Growing Indian River Corridor! Sprawling over 3 prime acres in one of VB's most rapidly expanding and redeveloping corridors, this property presents an exceptional opportunity for developers, investors and custom homebuyers alike. Situated near major residential and commercial developments, key arterial routes, and city expansion projects, the location offers immense future value and flexibility. The existing home provides a baseline canvas for complete renovation or potential teardown to maximize land utility. PROPERTY SOLD AS-IS: seller to make no repairs. Bring your builder, your vision, and capitalize on one of the premiere land offerings along Indian River Road!
For sale
$350,000
3932 Indian River Rd, Virginia Beach, VA 23456
2beds
1,278sqft
Single Family Residence
Built in 1947
3 Acres Lot
$361,600 Zestimate®
$274/sqft
$-- HOA
What's special
- 6 days
- 951
- 47
Zillow last checked:
Listing updated:
Listed by:
Rebecca Buenaventura,
Atlantic Sothebys Int'l Realty 757-777-9870,
Laura Langdon,
Atlantic Sothebys Int'l Realty
Source: REIN Inc.,MLS#: 10659376
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: 1st Floor BR
Heating
- None
Cooling
- None
Appliances
- Included: None
Features
- Flooring: Other
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,278 sqft
Property
Parking
- Parking features: Off Street, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Creek
- Frontage length: 200
Lot
- Size: 3 Acres
Details
- Parcel number: 14748226880000
- Zoning: R15
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Fixer
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: All Others Area 47
HOA
- Has HOA: No
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $340,200
- Annual tax amount: $3,300
- Date on market: 10/27/2026
Estimated market value
$361,600
$344,000 - $380,000
$2,127/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,300 +2.4% | $340,200 +4.5% |
| 2024 | $3,221 +5.5% | $325,400 +5.5% |
| 2023 | $3,053 +4.5% | $308,400 +4.5% |
| 2022 | $2,922 +12.5% | $295,200 +12.5% |
| 2021 | $2,598 -9.3% | $262,400 +1.5% |
| 2020 | $2,864 +14.8% | $258,600 +3.9% |
| 2019 | $2,495 | $248,900 |
| 2018 | $2,495 +1% | $248,900 +1% |
| 2017 | $2,471 +4.5% | $246,500 +3.2% |
| 2016 | $2,365 | $238,900 |
| 2015 | $2,365 | $238,900 +0.5% |
| 2014 | $2,365 | $237,600 +3.3% |
| 2013 | -- | $229,900 |
| 2012 | -- | $229,900 -2.6% |
| 2011 | -- | $236,100 |
| 2010 | -- | $236,100 -39.7% |
| 2007 | -- | $391,827 +18.5% |
| 2006 | -- | $330,630 +37.4% |
| 2005 | -- | $240,630 +19.9% |
| 2004 | -- | $200,630 +19.1% |
| 2003 | -- | $168,516 +7.2% |
| 2002 | -- | $157,238 +3.3% |
| 2001 | -- | $152,238 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Salem
Nearby schools
Schools provided by the listing agent
- Elementary: Indian Lakes Elementary
- Middle: Salem Middle
- High: Salem
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




