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Virginia Beach › PUNGO › 1229 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, VIRGINIABEACH VA 23457 - Main photo
1229 Princess Anne RD, VIRGINIABEACH VA 23457 - Photo 2
1229 Princess Anne RD, VIRGINIABEACH VA 23457 - Photo 3
1229 Princess Anne RD, VIRGINIABEACH VA 23457 - Photo 4
1229 Princess Anne RD, VIRGINIABEACH VA 23457 - Photo 5
$1,200,000
14days 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

At a glance

1229 Princess Anne Road sits in the southernmost corner of Virginia Beach — a rare parcel of land in one of the region's most storied rural corridors, offering space, privacy, and genuine proximity to both the coast and two major military installations.

Read the full overview ↓

Why this home stands out

Raw land in Virginia Beach is increasingly hard to come by, and a parcel along Princess Anne Road represents something genuinely uncommon: room to build exactly what you want, in a city where finished lots are disappearing fast. Whether you're envisioning a custom home, a small farm, or a private retreat, the canvas here is yours to define — without the compromises that come with buying someone else's vision.

PUNGO and the Virginia Beach real estate market

Princess Anne Road runs through the heart of what locals call the 'rural crescent' of Virginia Beach — the southern tier of the city where farmland, wetland preserves, and wide-open sky still coexist with modern conveniences just a short drive away. This corridor has a distinctly unhurried character: you're more likely to pass a horse pasture or a farm stand than a strip mall. Yet you're still firmly inside Virginia Beach city limits, with access to everything that entails. For buyers exploring beach houses for sale in Virginia Beach, this address offers a different angle — not oceanfront, but the kind of land that lets you build toward the lifestyle you actually want. The city of Virginia Beach is one of the largest by land area in the entire country, and this southern stretch reflects that scale. Pungo Village, the Farmers Market, and Back Bay National Wildlife Refuge are all woven into the fabric of daily life out here.

What's nearby

Back Bay National Wildlife Refuge is practically a neighbor, offering miles of trails, birding, and coastal wilderness just minutes from the address. The Pungo area's beloved farmers market draws locals year-round for fresh produce and community. Grocery runs and everyday errands are manageable via the Courthouse and Nimmo Parkway corridors. Dam Neck Annex is roughly 19 minutes north, and NAS Oceana sits about 21 minutes away — both accessible without touching the worst of Virginia Beach traffic. The oceanfront resort strip is reachable in under 30 minutes when you want a beach day.

For different buyers

For military families relocating

With Dam Neck Annex just 19 minutes away and NAS Oceana about 21 minutes out, this parcel sits in a genuinely practical location for military households. A VA loan can be a powerful tool for financing new construction on land like this — worth a conversation with a lender familiar with the process. Building here means putting down roots on your terms, in a location that works for the mission.

For buyers drawn to character

If your idea of the right home involves building it yourself — choosing the setback, the orientation, the materials, the flow — then a raw parcel on Princess Anne Road is worth serious attention. This isn't a subdivision lot with a builder's package attached. It's open land in a part of Virginia Beach that still has genuine rural character, where the homes that exist here were deliberately chosen and thoughtfully placed.

More buyer questions

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

Dam Neck Annex is approximately 19 minutes north of the property under typical driving conditions, making it one of the closer military installations to this part of Virginia Beach's rural corridor.

How far is 1229 Princess Anne Road from NAS Oceana?

NAS Oceana is roughly 21 minutes from this address, accessible via Princess Anne Road and the connecting arterials without requiring highway travel for most of the route.

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

Permitted uses depend on the parcel's current zoning designation, which is assigned by the City of Virginia Beach — a zoning verification request through the city's planning department will give you the definitive answer for this specific address.

Is 1229 Princess Anne Road in a flood zone?

Given the property's location in the southern Virginia Beach rural corridor near Back Bay, flood zone status is an important due-diligence item — check the FEMA Flood Map Service Center or ask your agent to pull the current FIRM panel for this parcel.

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

The nearest grocery options are located along the Nimmo Parkway and General Booth Boulevard corridors, typically a 15-to-20-minute drive from this address depending on your destination.

Curious whether this parcel fits your plans? Tom and Dariya Milan know this corner of Virginia Beach well — reach out and let's talk through what's possible here.

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

The flood answer first — quantified, not buried

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

17

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

None

Estimate only. 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

14 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.

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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