200 days on market
$550,000
2 Colonial Pl
Newport News, Virginia 23601
MLS# 10608120 · HILTON VILLAGE · Newport News VA
Updated May 21, 2026 · Source: REIN MLS
Est. payment
$3,221/mo
Edit below
Price / sq ft
$263
2,094 sq ft
Days on market
200
HOA
None
Year built
N/A
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
2,094
Garage
No
About this home
This portfolio contains five properties. The properties are in mixed use zones, but have been occupied for residential use for many years. The portfolio is being sold below appraised value and is being sold "as is, where is". An information package can be obtained once a Confidentiality Agreement has been signed. Contingencies for financing and/or bank appraisals will not be accepted. Owner financing is not available…
Listed by John Wilson · Coldwell Banker Traditions LLC
VaHome Team property overview
2 Colonial Place sits on a generous 0.34-acre lot in the heart of historic Hilton Village, Newport News — a 2,094-square-foot commercial property steps from local dining, specialty grocers, and green space, with Joint Base Langley-Eustis reachable in about 13 minutes.
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Why this home stands out
What sets 2 Colonial Place apart is its rare combination of substantial square footage, a third-of-an-acre lot, and a walkable address inside one of the East Coast's most architecturally significant planned communities. Hilton Village's English cottage streetscape draws consistent foot traffic and community pride, giving any commercial use here a built-in sense of place that generic commercial corridors simply can't replicate.
HILTON VILLAGE and the Newport News real estate market
Hilton Village isn't just a neighborhood — it's a National Historic Landmark. Built in 1918 to house shipyard workers during World War I, it stands as the first federally funded planned community in the United States, and its tree-lined streets, English cottage architecture, and tight-knit character have held up beautifully more than a century later. The village sits in the northern end of Newport News, a city of roughly 185,000 that stretches along the James River and the Virginia Peninsula. Whether you're browsing houses for sale newport news or evaluating commercial opportunities, this ZIP code consistently draws people who want walkability, history, and genuine neighborhood identity. Newport News offers easy access to Hampton Roads' broader metro area — Norfolk, Hampton, and Virginia Beach are all within reach — while Hilton Village itself maintains a small-town feel that's increasingly rare. The commercial strip along Warwick Boulevard anchors daily life, and the proximity to the James River adds a layer of natural beauty that makes this corner of the city feel distinctly livable.
What's nearby
Daily errands are genuinely easy from 2 Colonial Place. Food Lion is four-tenths of a mile away for a full grocery run, and Dollar Tree is just three-tenths of a mile for quick household needs. Tienda Latina La Fortuna brings specialty Latin grocery options within seven-tenths of a mile. For food, Farmers Table of Newport News and Port Arthur Chinese Restaurant are both about two-tenths of a mile away. Fitness options include Kundalini Yoga & Meditation with Atma and Arts Ballet Academy, each roughly two-tenths of a mile out, plus Better Health Fitness LLC at half a mile. Cups and Claws Cat Cafe and Lounge offers a unique coffee-and-cats experience seven-tenths of a mile away, and Health Trail Natural Foods is just five-tenths of a mile for natural grocery and wellness finds. Teardrop Park and Mariners' Lake Natural Area are both under a mile.
For different buyers
For military families relocating
Joint Base Langley-Eustis (Langley AFB) is about 13 minutes away, and Joint Base Langley-Eustis (Fort Eustis) is roughly 19 minutes out — making this address a practical choice for service members weighing their BAH and looking for a well-located property in a stable, historic Newport News neighborhood. VA loan eligibility can make commercial-residential transitions more flexible for qualifying buyers.
For buyers drawn to character
If you're drawn to places with a real story, 2 Colonial Place delivers. Hilton Village's National Historic Landmark status means the streetscape around you has been thoughtfully preserved for over a century. The English cottage architecture, mature trees, and walkable village layout offer the kind of authentic character that newer developments spend decades trying to manufacture — and rarely achieve.
Frequently asked questions
How far is 2 Colonial Place from Joint Base Langley-Eustis (Langley AFB)?
The drive from 2 Colonial Place to Joint Base Langley-Eustis (Langley AFB) takes approximately 13 minutes under normal traffic conditions. Joint Base Langley-Eustis (Fort Eustis) is about 19 minutes away in the other direction.
What is Hilton Village and why does it matter for this property?
Hilton Village is a National Historic Landmark neighborhood in Newport News, built in 1918 as the first federally funded planned community in the United States. Its protected architectural character and strong community identity make it one of the most distinctive addresses on the Virginia Peninsula.
What kind of commercial uses are typical in the Hilton Village area?
The Hilton Village commercial corridor along Warwick Boulevard supports a mix of local restaurants, specialty retailers, fitness studios, and service businesses — all oriented toward the neighborhood's walkable, community-focused character.
Is 2 Colonial Place in a flood zone?
Flood zone information for 2 Colonial Place is available in the FloodRisk tile on this page, which pulls current FEMA map data for the property's specific parcel.
Are there parks and green space close to 2 Colonial Place?
Yes — Teardrop Park and Mariners' Lake Natural Area are both within about eight-tenths of a mile, offering accessible outdoor space for walking, recreation, and enjoying the natural surroundings of this part of Newport News.
Curious about 2 Colonial Place or other properties in Hilton Village? Tom and Dariya Milan at LPT Realty know this neighborhood well — reach out and let's talk through what this address could mean for you.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
2,094
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$550,000
Price / Sq Ft
$263
Annual Taxes
$2,487
Monthly Tax
$207
HOA
None
Tax Rate (effective)
0.45%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Nov 2, 2025 | $550,000 | — |
| Currently listed | — | $550,000 | — |
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:
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.
About buying in Newport News
Homes for sale in Newport News, VA span from historic Hilton Village's English-Tudor cottages (23601) to brand-new construction in Port Warwick and City Center at Oyster Point (23606), to affordable family homes in Denbigh and Riverside (23608). As one of the longest cities in the U.S. — stretching over 30 miles along the James River — Newport News effectively contains three distinct real estate markets: the lower peninsula (23601-23607) closer to Hampton and Williamsburg, with established neighborhoods and pre-war homes; the middle peninsula (23608, 23606) with modern subdivisions and Oyster Point's office park; and the upper peninsula (23602, 23603) closer to Williamsburg and the Mariners' Museum. Newport News' biggest employer is Huntington Ingalls Industries / Newport News Shipbuilding — Virginia's largest industrial employer, building U.S. Navy aircraft carriers and submarines. Joint Base Langley-Eustis (Fort Eustis portion) is also in Newport News. Public schools include Menchville High, Heritage High, Denbigh High, and Warwick High, with Menchville historically among the top performers. Median home prices run $250K-$450K with select luxury inventory in Riverside and Port Warwick exceeding $700K. The Newport News MLS listings below refresh every 5 minutes from the REIN feed.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$3,221/moPrincipal & interest
$2,854
Property tax
$207
Home insurance
$160
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.
Listed by Coldwell Banker Traditions LLC · MLS# 10608120
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$550,000
2 Colonial PL, NEWPORTNEWS VA 23601
Newport News, Virginia 23601
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