Price Reduction - Waterfront
TBD N Waterside Drive Lanexa, VA
$ 1,590,000
Property Attributes
  • MLS#2036590
  • TypeLand
  • CountyNEW KENT
  • CityLanexa
  • Area46 - New Kent
  • Zip23089
  • StyleResidential
  • Taxes$ 8507
  • Price$ 1,590,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms5
  • Lot Size274 Acres
Listing Provided Courtesy Of:
Paul Robinson with Francisco,Robinson & Assoc.RL.
Data Source:
Central Virginia Regional MLS (CVRMLS)
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.

Elementary School Middle School High School
New Kent Elementary School New Kent Middle School New Kent High School
Price History
12/9/2020 Listed $1,950,000
4/21/2021 13% - $1,700,000
1/15/2022 7% - $1,590,000

General Features

Development Name Lanexa
Elementary School New Kent
High School New Kent
Listing Agent State License 0225002707
MLS Area 46 - New Kent
Middle/Junior High School New Kent
Other Structures None
Possible Use Farm, Hunting, Single Family, Subdevelopment, Timber
Property Sub Type Additional Residential, Unimproved Land
Property SubType Residential
Property Type Land
Sewer None, Septic Needed
Special Listing Conditions Corporate Listing
Status Active
Structure Type None
Subdivision Name None
Terms Cash, Conventional, Federal Land Bank
Utilities Electricity Available
Water Body Name Diascund Reserv
Waterfront Features Lake, Waterfront
Zoning Description A-1

Exterior Features

Cultivated Area 50
Frontage Length 2800.0000
Horse Amenities Horses Allowed
Lot Features Split Possible, Wetlands, Waterfront
Lot Size Acres 274
Lot Size Area 274
Lot Size Units Acres
Road Responsibility Public Maintained Road
Road Surface Type Paved
Water Source Not Connected, Well Needed
Waterfront Y/N Yes
Wooded Area 218

Room Details

Room Dimensions Level Flooring Details
Full Bath Third
Full Bath First
Full Bath Second
Full Bath Basement
Full Bath Fourth
Half Bath Third
Half Bath First
Half Bath Second
Half Bath Basement
Half Bath Fourth


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 23089

AVG $290K
AVG $1,577
AVG 72

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