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Virginia BeachPUNGO1229 Princess Anne Rd✓ Source: REIN MLS #10638277 · record updated Jun 19, 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
$1,200,000
60days 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

About this home

The listing, in the seller's words

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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1229 Princess Anne Road sits in the rural southern reaches of Virginia Beach — a rare stretch of open land where you have room to build, farm, or simply hold ground in one of the region's most land-scarce cities. If wide-open space close to the coast is what you're after, this parcel delivers.

Read the full overview ↓

Why this home stands out

Land in Virginia Beach is genuinely hard to come by. The city spans a surprisingly large footprint, but most of it is already developed, protected wetland, or locked into agricultural preservation. A parcel on Princess Anne Road puts you in the quiet agricultural corridor of the 23457 zip code — far enough from the resort strip to feel rural, close enough to the coast and military installations to stay connected to everything that makes Hampton Roads tick.

PUNGO and the Virginia Beach real estate market

The southern end of Virginia Beach — sometimes called the Transition Area or the rural crescent — operates on a different rhythm than the oceanfront neighborhoods to the north. Out here along Princess Anne Road, you're in a landscape of farm fields, tree lines, and long sight lines that feel more like the rural Eastern Shore than a major coastal city. Virginia Beach is the largest city by land area in the continental United States, and this corridor is a big reason why. The city has actively worked to preserve this agricultural character, which means the open feel you see today is likely to stick around. It's a genuinely unusual place to own land: technically inside city limits, practically rural, and within a reasonable drive of beaches, bases, and everyday conveniences. For buyers who want acreage without leaving Virginia Beach, the 23457 zip code is one of the few places that still makes that possible.

What's nearby

Daily life along this stretch of Princess Anne Road means you're planning ahead for errands — the nearest grocery and pharmacy runs are in the Pungo area or up toward Sandbridge Road, roughly 10–20 minutes depending on direction. The Pungo Strawberry Festival draws crowds to this part of the city every spring, and the Back Bay National Wildlife Refuge and False Cape State Park are close neighbors to the east, making this corridor a destination for outdoor enthusiasts. Virginia Beach's Oceanfront is about 30–35 minutes north, and the Chesapeake city line is nearby to the west.

For different buyers

For military families relocating

Dam Neck Annex is about 19 minutes away, and NAS Oceana sits roughly 21 minutes to the north — making this parcel a workable option for service members who want land and privacy without a brutal commute to either installation. A VA loan can be used for land purchases in certain configurations; it's worth a conversation with a lender who knows military financing to explore what's possible here.

For buyers drawn to character

If your vision involves a custom home on your own terms — your setbacks, your layout, your outbuildings — land on Princess Anne Road gives you a canvas that finished subdivisions simply can't. The rural character of Virginia Beach's southern corridor attracts buyers who want to build something specific, not fit into something pre-existing. This is acreage for people who think in decades, not listing cycles.

More buyer questions

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

Dam Neck Annex is approximately 19 minutes from this address under typical traffic conditions, making it one of the closer military installations to this part of southern Virginia Beach.

What can you build on land along Princess Anne Road in Virginia Beach?

Allowable uses depend on the parcel's current zoning designation, which you can verify through the City of Virginia Beach's Department of Planning and Community Development. The agricultural corridor in the 23457 zip code has specific zoning categories that govern residential, agricultural, and accessory structures — a due-diligence step worth taking early in your process.

Is 1229 Princess Anne Road in a flood zone?

Flood zone status for this parcel can be confirmed through FEMA's Flood Map Service Center using the property's address or parcel ID — see the FloodRisk tile on this page for current designation details.

Where is the nearest grocery store to 1229 Princess Anne Road?

The Pungo area and the Sandbridge Road corridor have the closest everyday conveniences, generally 10–20 minutes away depending on your direction of travel.

Can a VA loan be used to purchase land in Virginia Beach?

VA loans are primarily designed for homes, but certain land purchases — particularly when paired with a construction loan or when the land is part of a home purchase — may have options worth exploring with a VA-experienced lender.

Curious about what's possible at 1229 Princess Anne Road? Tom and Dariya Milan know Virginia Beach land inside and out — reach out to start the conversation.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

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

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.

$775K

Median sale · 12 mo

$294

Sold $/sq ft

17d

Days on market

20

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

$6,864/mo

Principal & interest

$6,227

Property tax

$287

Home insurance

$350

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

338% of $355,100

City assessment record · taxes $3,444/yr

Land share of assessed value

91% — $321,500

Improvements $33,600 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Sale & Tax History

List Price

$1,200,000

Price / Sq Ft

$0

Annual Taxes

$3,444

Monthly Tax

$287

HOA

None

Tax Rate (effective)

0.29%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 5, 2026$1,200,000
Currently listed$1,200,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

238% 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

60 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

Real questions, answered from the record

Is 1229 Princess Anne Rd in a good school zone?+
The assigned zones on the listing record are Creeds Elementary (GreatSchools 8/10), Princess Anne Middle (GreatSchools 7/10), Kellam (GreatSchools 9/10). 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

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.