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Virginia Beach › PUNGO › 1229 Princess Anne Rd✓ Source: REIN MLS #10638277 · record updated Aug 14, 2026 · synced every 2 min · your inquiry is never resold
1229 Princess Anne RD, VIRGINIA BEACH VA 23457 - Main photo
1229 Princess Anne RD, VIRGINIA BEACH VA 23457 - Photo 2
1229 Princess Anne RD, VIRGINIA BEACH VA 23457 - Photo 3
1229 Princess Anne RD, VIRGINIA BEACH VA 23457 - Photo 4
1229 Princess Anne RD, VIRGINIA BEACH VA 23457 - Photo 5
$1,100,000
70days on market

1229 Princess Anne Rd, Virginia Beach, VA 23457

ActiveLand and Farms · PUNGO

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Creek, Marsh.

Frontage

Creek · Marsh ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Land and Farms

HOA

None

Taxes

$3,444/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10638277

Construction & exterior

Waterfront
Creek,Marsh

Utilities & systems

Utilities available
Electric, Septic, Well

Lot, parking & ownership

Lot size
108.0000
Road surface
Gravel
Subdivision
PUNGO
Zoning
AG1
Ownership
Fee Simple
Possession
SETTLEMENT
Disclosures
Disclosure Statement

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

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.

Listing courtesy of Susan Moody · Howard Hanna Real Estate Svcs. · REIN MLS #10638277

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

1229 Princess Anne Road is a land parcel in Virginia Beach zoned for development or expansion. Located about 19 minutes from Dam Neck Annex and 21 minutes from NAS Oceana, it offers opportunity in a growing area. This is raw potential waiting for your vision.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23457, homes for sale zoned for Floyd Kellam High School, and homes for sale zoned for Creeds Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Pungo homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

Land parcels in Virginia Beach offer flexibility that finished homes cannot match. You control the design, layout, and timeline. Whether you're planning a custom build, expanding an existing operation, or holding for future development, this property in 23457 gives you a blank canvas. The location balances proximity to military installations with access to the broader Virginia Beach community.

PUNGO and the Virginia Beach real estate market

Princess Anne Road sits in a part of Virginia Beach that's experiencing steady growth and development. The area mixes residential neighborhoods with commercial corridors and open land. You're in the heart of the city, with easy access to shopping, dining, and services along major routes. Virginia Beach itself is the largest city in the state, home to Naval Station Norfolk, Dam Neck Annex, and NAS Oceana. Getting around is straightforward on well-maintained roads. The city balances military heritage with civilian life, making it a hub for active-duty personnel and civilians alike. If you're comparing homes for sale in Virginia Beach, you'll find land parcels offer unique flexibility. Anyone comparing Virginia Beach homes for sale will appreciate the city's infrastructure and accessibility.

What's nearby

Princess Anne Road connects you to Virginia Beach's main commercial and residential zones. Grocery stores, pharmacies, and restaurants are within a short drive. Parks and recreation areas dot the neighborhood, offering outdoor space for active living. The road itself is well-traveled and maintained, making commutes predictable. Dam Neck Annex is about 19 minutes away, and NAS Oceana about 21 minutes, both accessible for personnel stationed there. Shopping centers and services cluster nearby, so daily errands don't eat up your time.

For different buyers

Base commute and VA loan notes

This parcel sits roughly 19 minutes from Dam Neck Annex and 21 minutes from NAS Oceana, making it accessible for active-duty and retired personnel. VA loan financing is widely available in Virginia Beach, and land purchases can be structured to fit military timelines. The location offers quick access to base routes without the noise or congestion of living directly adjacent.

Room to grow

A blank canvas means you design the home and layout to fit your needs. Land ownership gives you room to expand, build outward, or add structures over time. You're not constrained by an existing footprint or someone else's design choices. This parcel offers the flexibility to create exactly what you envision for your household.

More buyer questions

How far is 1229 Princess Anne Road from Dam Neck Annex?

The property is approximately 19 minutes from Dam Neck Annex by car, depending on traffic and your exact route within the base.

What is the commute to NAS Oceana from this address?

NAS Oceana is roughly 21 minutes away, making this location convenient for personnel stationed there.

Can I build a custom home on this land parcel?

Land parcels in Virginia Beach can support custom builds, but you'll need to verify zoning regulations, utility availability, and any local development requirements with the city before proceeding.

What schools serve homes for sale zoned for Floyd Kellam High School and homes for sale zoned for Creeds Elementary School in this area?

This address falls within the attendance zones for homes for sale zoned for Floyd Kellam High School and homes for sale zoned for Creeds Elementary School, which serve the Princess Anne Road corridor.

Is this land in a flood zone?

Flood zone status depends on the exact parcel boundaries and topography; check the Flood Risk tile on this page or contact the city for a formal determination.

Ready to explore what's possible at 1229 Princess Anne Road? Reach out to learn more about this land opportunity in homes for sale in 23457.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Virginia Beach$935K – $1.3M

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Pungo

Pungo is a rural-suburban neighborhood. It is known for roomy properties, a calm setting, and easy access to beaches and shops. It's a great fit if you want a quieter pace with room to spread out.

$778K

Median sale · 12 mo

$296

Sold $/sq ft

15d

Days on market

14

For sale now

$120K

HH income

85.3%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Pungo →
Map of Pungo with neighborhood boundaryNeighborhood

Virginia Beach houses for sale →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$6,315/mo

Principal & interest

$5,708

Property tax

$287

Home insurance

$321

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Why the land carries the value

Asking vs. assessment

310% of $355,100

City assessment record · taxes $3,444/yr

Land share of assessed value

91% — $321,500

Improvements $33,600 · assessor record ✓

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$1,100,000

Price / Sq Ft

$0

Annual Taxes

$3,444

Monthly Tax

$287

HOA

None

Tax Rate (effective)

0.31%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 5, 2026$1,100,000—
Price reducedAug 14, 2026$1,100,000−$100,000
Currently listed—$1,100,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

210% above assessment

Total Assessed

$355,100

Land

$321,500

Improvement

$33,600

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Virginia Beach Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Market tempo

70 days on market — read it in context

Higher-priced homes market more slowly by nature: the buyer pool is smaller and diligence is heavier. Days-on-market at this tier is a rhythm, not a warning.

Questions buyers ask

Is 1229 Princess Anne Rd in a good school zone?+
The assigned zones on the listing record are Creeds Elementary (VaHome School Score 9.2/10), Princess Anne Middle (VaHome School Score 9.8/10), Kellam (VaHome School Score 8.8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1229 Princess Anne Rd in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is 1229 Princess Anne Rd a waterfront property?+
Yes. The listing record shows: Creek,Marsh.
Does 1229 Princess Anne Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Susan Moody · Howard Hanna Real Estate Svcs. · REIN MLS #10638277

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

1229 Princess Anne Rd, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

1229 Princess Anne Rd, Virginia Beach, Virginia 23457 · MLS #10638277 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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