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✓ Source: REIN MLS #10638277 · record updated Oct 21, 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
$999,900
138days on market

1229 Princess Anne Rd, Virginia Beach, VA 23457

Under ContractLand 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

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

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

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 on a stretch of rural Virginia Beach where open land is increasingly rare. The 23457 zip code covers the city's southernmost reaches, far from the congestion of the resort strip. This is raw acreage with room to build, farm, or simply hold. Land like this does not come along often in a coastal city.

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. 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

Most Virginia Beach addresses hand you a finished house on a measured lot. This one hands you a blank canvas. The parcel at 1229 Princess Anne Road is in one of the last corridors of the city where land still has breathing room. Buyers who want to design their own structure, run a small agricultural operation, or simply own a piece of ground that feels genuinely rural will find few comparable options this close to the coast.

PUNGO and the Virginia Beach real estate market

Princess Anne Road runs through the deep southern end of Virginia Beach, well past the suburban grid and into a landscape of farms, woodlands, and wide-open sky. The area around 1229 Princess Anne Road feels a world apart from the oceanfront, yet it is still firmly within city limits. Properties here tend to sit on generous acreage, and neighbors are measured in distance rather than fence lines. The pace is quiet and the horizon is wide. Virginia Beach itself is the largest city by land area on the East Coast. That scale means the city contains genuine rural pockets alongside its coastal and suburban zones. The southern end near zip code 23457 is one of those pockets. Getting around requires a car, but the trade-off is space and stillness that is hard to find anywhere else in Hampton Roads. Anyone comparing homes for sale in Virginia Beach will notice quickly that land parcels in this corridor represent a distinct category.

What's nearby

The Creeds area anchors daily life for this part of the city. A small cluster of local services sits within a short drive along Princess Anne Road. The city's agricultural reserve program has kept much of the surrounding land undeveloped, which means the rural character here is protected by policy, not just circumstance. Dam Neck Annex is about 19 minutes north. NAS Oceana is roughly 21 minutes away. For broader shopping and dining, the Landstown Commons area is accessible in under 30 minutes. The Virginia Beach Farmers Market is also a reasonable drive and fits naturally with the agricultural character of this corridor.

For different buyers

Base commute and VA loan notes

Dam Neck Annex is about 19 minutes up the road, and NAS Oceana is roughly 21 minutes away. VA loan financing can apply to land purchases under certain conditions, and a construction-to-permanent loan paired with VA benefits is one path buyers explore here. The commute window is workable, and the distance from base housing areas means land here is priced in a different conversation entirely.

For buyers drawn to character

Buyers drawn to something genuinely different from the standard suburban package will find 1229 Princess Anne Road worth a serious look. This is land in a coastal city that still looks and feels rural. You can design the structure, set the orientation, plan the outbuildings, and shape the site from the ground up. Among homes for sale in 23457, a raw parcel in this corridor is a rare find.

More buyer questions

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

The drive is about 19 minutes under normal traffic conditions. Princess Anne Road connects directly toward the base corridor without requiring highway travel.

What is the zip code for 1229 Princess Anne Road?

The property is in zip code 23457, which covers the southernmost portion of Virginia Beach. It is one of the more rural zip codes within the city.

Is 1229 Princess Anne Road in a flood zone?

Flood zone status for this parcel is covered in the FloodRisk tile on this page. Buyers should review that information and consult a surveyor before making decisions about site development.

What schools serve the area around 1229 Princess Anne Road?

Anyone comparing homes for sale zoned for Floyd Kellam High School or homes for sale zoned for Creeds Elementary School will find this address falls within that attendance zone. The Schools tile on this page has full details.

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

VA loans are generally designed for properties with an existing structure, but certain construction loan programs can be paired with VA benefits. A VA-savvy lender can walk you through the options specific to a land purchase.

Tom and Dariya Milan know this corner of Virginia Beach well. Reach out to talk through what this parcel could look like for your plans.

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

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each. Straight-line distances in “What’s nearby” are shorter.

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

Virginia Beach$845K – $1.2M

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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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

9.7 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone A

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

Explore this neighborhood

Pungo

Pungo is the rural southern end of Virginia Beach along Princess Anne Road, in ZIPs 23457 and 23456, south of the city's Green Line where farmland is protected under the Agricultural Reserve Program.

$778K

Median sale · 12 mo

$296

Sold $/sq ft

15d

Days on market

10

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

What's nearby

Location & Neighborhood

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Military Commute

Drive times to nearest bases

Dam Neck

Navy

25min·12.1mi

NAS Oceana

Navy

29min·13mi

USCG Finance Ctr

Coast Guard

30min·17.7mi

NW Annex

Navy

30min·19.6mi

NNSY

Navy

43min·26.2mi

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

Payment Calculator

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$5,767/mo

Principal & interest

$5,188

Property tax

$287

Home insurance

$292

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

Comparables

Asking vs. assessment

282% 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

$999,900

Price / Sq Ft

$0

Annual Taxes

$3,444

Monthly Tax

$287

HOA

None

Tax Rate (effective)

0.34%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 5, 2026$999,900—
Price reducedOct 6, 2026$999,900−$100,100
Currently listed—$999,900—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

182% 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.

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 8.1/10), Princess Anne Middle (VaHome School Score 9.8/10), Kellam (VaHome School Score 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

Brokered by LPT Realty · Hampton Roads

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.

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