125 days on market
$699,000
5437 Morris Neck Rd
Virginia Beach, Virginia 23457
MLS# 10614876 · PUNGO · Virginia Beach VA
Updated Apr 11, 2026 · Source: REIN MLS
Est. payment
$4,095/mo
Edit below
Price / sq ft
$662
1,056 sq ft
Days on market
125
HOA
None
Year built
1937
89 yrs old
Beds
2
Full Baths
1
Half Baths
0
Sq Ft
1,056
Garage
Yes
About this home
A rare opprotunity to truly live and farm in the heart of Pungo! Just under 15 Acres of workable land for crops, animals, or just quiet enjoyment with a large pond in the back. A huge barn/ workshop with more than enough room for tractors and equipment, a storage shed, and a 3 stall barn with tack room/workshop. This 2 bed 1 bath brick ranch can become your cozy forever home with a little TLC. Just around the corner…
Listed by Sarah McGroarty · LPT Realty LLC
VaHome Team property overview
A 1937 farmhouse on nearly 15 acres in Virginia Beach's rural Pungo corridor — two bedrooms, one bath, 1,056 square feet of original character, and the kind of wide-open land that's genuinely hard to find this close to the coast.
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Why this home stands out
Nearly 15 acres in Virginia Beach is rare by any measure, and 5437 Morris Neck Road puts that land in Pungo — one of the last stretches of working farmland and open countryside left in the city. The 1937 farmhouse carries the bones and character of its era, and the lot gives you room to farm, expand, or simply exhale. This is a property you measure in possibilities, not just square footage.
PUNGO and the Virginia Beach real estate market
Pungo sits at the southern edge of Virginia Beach, where the city quietly trades beach traffic and suburban density for farm stands, open fields, and back roads that actually feel like back roads. When people search for pungo virginia beach, they're usually looking for exactly this — a pace of life that feels a world apart while still being inside city limits. The Pungo corridor has a devoted following: people who want acreage, agricultural zoning options, and a genuine sense of community without leaving Virginia Beach behind entirely. Farmers markets, local produce, and a tight-knit neighborhood identity give Pungo a character that's hard to manufacture. The area has seen steady interest from buyers who want land with their home, and the rural atmosphere here is protected by the sheer geography of the southern peninsula. You're not giving up the city — you're just choosing the best part of it.
What's nearby
Campbell's Landing is a two-minute walk at just 0.2 miles, giving you easy access to the water and a natural spot to unwind. Creed Park is under a mile away for more outdoor space. When you want to eat or grab coffee without driving far, Redhead Bay Cafe is 0.8 miles down the road — a local favorite that handles both. Linda's Garden, also at 0.8 miles, covers everyday grocery needs close to home. For a neighborhood this rural, having this cluster of practical stops within a mile is genuinely convenient.
For different buyers
For military families relocating
Dam Neck Annex is about 26 minutes from Morris Neck Road, and NAS Oceana runs roughly 30 minutes out — both well within a reasonable commute window. If you're working with a VA loan or sizing up BAH for the Virginia Beach area, nearly 15 acres of land at this price point is worth a serious look. Pungo's rural setting also means a noticeably quieter off-duty life.
For buyers drawn to character
A 1937 farmhouse on 14-plus acres doesn't come along often — and it definitely doesn't come along in a city as large and active as Virginia Beach. If you're drawn to properties with history, honest materials, and land that gives the house room to breathe, 5437 Morris Neck Road is the kind of address that rewards a patient buyer with a clear vision.
Frequently asked questions
How far is 5437 Morris Neck Road from Dam Neck Annex?
Dam Neck Annex is approximately 26 minutes from 5437 Morris Neck Road under typical traffic conditions, making it one of the closer military installations to this address.
How far is 5437 Morris Neck Road from NAS Oceana?
NAS Oceana is about 30 minutes away, a manageable daily commute for personnel stationed there.
What is the lot size at 5437 Morris Neck Road?
The lot measures approximately 14.94 acres — a substantial parcel that is exceptionally rare within Virginia Beach city limits.
Is 5437 Morris Neck Road in a flood zone?
Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the parcel.
What parks or outdoor spaces are near 5437 Morris Neck Road?
Campbell's Landing is just 0.2 miles away, and Creed Park is within 0.8 miles — both offer accessible outdoor space very close to the property.
Curious whether 5437 Morris Neck Road fits your plans? Tom and Dariya Milan at LPT Realty know Pungo well — reach out and let's talk through it.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
5437 Morris Neck RD, Virginia Beach
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
2
Full Baths
1
Half Baths
0
Approx Sq Ft
1,056
Stories
1
Fireplaces
0
Flooring
Vinyl, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
220 V Elec, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$699,000
Price / Sq Ft
$662
Annual Taxes
$3,169
Monthly Tax
$264
HOA
None
Tax Rate (effective)
0.45%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jan 4, 2026 | $699,000 | — |
| Currently listed | — | $699,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$326,700
Land
$221,900
Improvement
$104,800
Parcel ID: 23192063460000 · View on city GIS portal
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 Virginia Beach
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
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
$4,095/moPrincipal & interest
$3,627
Property tax
$264
Home insurance
$204
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 LPT Realty LLC · MLS# 10614876
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$699,000
5437 Morris Neck RD, VIRGINIABEACH VA 23457
Virginia Beach, Virginia 23457
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