$1,400,000
$1,590,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
TBD N Waterside DR Lanexa, VA 23089
274 Acres Lot
Key Details
Sold Price $1,400,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2036590
Sold Date 06/17/22
HOA Y/N No
Annual Tax Amount $8,507
Tax Year 2020
Lot Size 274.000 Acres
Acres 274.0
Property Sub-Type Residential
Property Description
"Locust Grove" is a unique 274 acre timber and farmland tract fronting 2800' on the Diascund Creek Reservoir in eastern New Kent County. The property has long road frontage (approx. 6/10 mile) on both sides of N. Waterside Dr. (State Route 627), and extends from Timber Swamp on the east about 1 mile west to the Diascund Reservoir. The property consists of approx. 218 acres of woodland, 50 + acres of cultivated farmland, and about 6 acres in a Dominion Energy (VEPCO) 120' wide power line easement that crosses the land in a north/south direction. Substantial pine and mixed hardwood timber of mature and merchantable quality is present throughout the site. Gently rolling to steep sloping topo, w/ RPA's along Timber Swamp and Diascund Reservoir and in wet ravine bottoms. The property is zoned A-1, Agriculture and is not subject to AFD or Land Use tax program restrictions. The Diascund Creek Reservoir is about 1100 acres in water impoundment and is owned to the 30' contour line by The City of Newport News. Restrictions within the City buffer land along the water's edge include no building of permanent structures, no hunting on City land, electric boat motors only, and no swimming.
Location
State VA
County New Kent
Area 46 - New Kent
Direction U.S 60 east of Providence Forge approx. 7 miles; left on Rt. 627 (N. Waterside Dr.) 2+/- miles to property, just past Cripple Creek Ridge. Land is on both sides of Rt. 627 for approx. 6/10 mile.
Body of Water Diascund Reserv
Exterior
Fence None
Utilities Available Natural Gas Not Available, Phone Available, Electricity Available
Waterfront Description Lake,Waterfront
Street Surface Paved
Lot Frontage 2800.0
Building
Lot Description Split Possible, Wetlands, Waterfront
Sewer None, Septic Needed
Water Well Needed
Additional Building None
Schools
Elementary Schools New Kent
Middle Schools New Kent
High Schools New Kent
Others
Tax ID 6736
Ownership Corporate
Financing Conventional
Special Listing Condition Corporate Listing
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