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Virginia BeachPUNGO1229 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 sits in Virginia Beach's rural southern corridor — zip code 23457 — where large parcels, open sky, and genuine distance from city congestion define the character. This is land that invites a custom build, agricultural use, or a long-term land-banking play in one of Hampton Roads' most distinctive zip codes.

Read the full overview ↓

Why this home stands out

Few parcels in Virginia Beach carry the combination of a Princess Anne Road address and the breathing room of the 23457 zip code. This is the city's agrarian edge — where the Chesapeake Bay watershed meets working farmland and conservation corridors. Buyers who want acreage rather than a subdivision, privacy rather than a cul-de-sac, and the freedom to build or farm on their own terms find that land like this rarely surfaces.

PUNGO and the Virginia Beach real estate market

The southern tier of Virginia Beach is a different world from the Oceanfront or Town Center. Out here, Princess Anne Road threads through a landscape of horse farms, wetland buffers, and wide-open fields that feel more like rural Virginia than a major coastal city. The 23457 zip code — which includes communities like Creeds and the Back Bay corridor — is one of the least densely developed corners of Virginia Beach, and that's exactly the point. Families comparing homes for sale in 23457 quickly notice that the trade-off for the drive is land, quiet, and a pace of life that's genuinely hard to find this close to the coast. Virginia Beach as a whole spans more than 248 square miles, and this southern reach is where that scale becomes tangible. The city's agricultural reserve program has intentionally kept large swaths of this area low-density, which means the open character you see today is protected by policy, not just circumstance.

What's nearby

Daily errands require a drive — that's the honest reality of this address — but the payoff is proximity to some of the region's most compelling natural assets. Back Bay National Wildlife Refuge and False Cape State Park are within reach for kayaking, birding, and backcountry hiking. The Pungo area's farm stands and u-pick operations are part of the seasonal rhythm here. For broader shopping and dining, the Nimmo Parkway and General Booth Boulevard corridors in the city's mid-section are the practical hub. Dam Neck Annex is roughly 19 minutes north, and NAS Oceana sits about 21 minutes away — making this corridor genuinely accessible for military households who prioritize land over commute time.

For different buyers

For military families relocating

Service members assigned to Dam Neck Annex or NAS Oceana who want acreage — room for horses, a workshop, or simply a property line you can't see your neighbor across — find that Princess Anne Road in the 23457 zip is one of the few places in Virginia Beach where that's still achievable. The VA loan program can apply to land purchases paired with construction, making this corridor worth a serious look for buyers building long-term equity in Hampton Roads.

For buyers drawn to character

If you've been scrolling through Virginia Beach homes for sale and keep thinking 'too close together, too similar, too much HOA' — this is the antidote. Land on Princess Anne Road in the 23457 corridor attracts buyers who want to design from scratch, preserve natural habitat, run a small agricultural operation, or simply own a piece of coastal Virginia that hasn't been subdivided into quarter-acre lots. That kind of canvas is genuinely rare this close to the Atlantic.

More buyer questions

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

Dam Neck Annex is approximately 19 minutes north of this address via Princess Anne Road. That's a realistic daily commute for service members who want to trade subdivision density for acreage in the city's rural southern corridor.

What is the 23457 zip code known for in Virginia Beach?

The 23457 zip code covers the southernmost reaches of Virginia Beach — including the Creeds community, the Back Bay corridor, and the agricultural reserve zone. It's characterized by large parcels, low density, working farms, and proximity to major wildlife refuges along the Atlantic coast.

Is 1229 Princess Anne Road in a flood zone?

Given the proximity to Back Bay and the broader Chesapeake watershed, flood zone status is an important due-diligence item for this address — check the FloodRisk tile on this page for the current FEMA designation and what it means for construction planning.

What can land on Princess Anne Road be used for?

Depending on Virginia Beach zoning classification, parcels in this corridor are often eligible for custom residential construction, agricultural use, equestrian operations, or conservation purposes. Buyers should verify the current AG or AG-2 zoning with the City of Virginia Beach Department of Planning before closing.

Where are the nearest schools to 1229 Princess Anne Road?

Buyers comparing homes for sale zoned for Floyd Kellam High School and homes for sale zoned for Creeds Elementary School will find that this address falls within the Creeds-area school attendance zone — confirm current boundaries with Virginia Beach City Public Schools, as zoning can shift with redistricting.

Tom and Dariya Milan at LPT Realty know the southern Virginia Beach land market well — reach out to talk through zoning, buildability, and what this address could mean for your plans.

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 known for its spacious properties, peaceful setting, and convenient access to beaches and shopping.

$797K

Median sale · 12 mo

$300

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

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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.