0 E River Rd Blakes, VA 23035

2.23 Acres in Foster, Virginia – $26,999 (Owner Financing Available)

This 2.23-acre property located on East River Road in Foster, Virginia, offers an excellent opportunity to own land in a peaceful coastal setting. With its mix of privacy, accessibility, and flexible owner financing terms, this parcel is well suited for a variety of uses, from building a primary residence to creating a weekend retreat or holding as a long-term investment.

Property Overview

Location: 0 East River Road, Foster, VA 23056

Acreage: 2.23 acres

Size: Approximately 97,139 square feet

Price: $26,999

Owner Financing: Available – 5-year plan at approximately $500.54/month or 7-year plan at approximately $400.21/month (13% APR)

Utilities: Electricity at the street; well and septic needed

Survey: Completed

HOA: None

Restrictions: None

Property Features
This lot provides the flexibility many buyers are seeking. Electricity is available at the street, while water and sewer would be provided through a private well and septic system. The parcel has been surveyed, which simplifies the building process and provides clear boundaries. With no HOA or restrictions, buyers have the freedom to develop the land according to their needs and preferences, whether that means building a stick-built home, modular home, or using it for recreational purposes.

Location Benefits
Foster is located in Mathews County, a quiet and scenic area known for its proximity to Virginia’s waterways and natural beauty. Key advantages of this location include:

Just minutes from the East River and local creeks, ideal for boating and fishing

Convenient access to small-town services, dining, and shops in Mathews and nearby Gloucester

A short drive to the Chesapeake Bay and Virginia’s coastal attractions

Approximately one hour from Newport News and Williamsburg, providing access to larger city amenities while maintaining a rural lifestyle

Recreation and Surroundings
This area of coastal Virginia offers numerous opportunities for outdoor recreation. With nearby rivers, estuaries, and the Chesapeake Bay, residents enjoy boating, fishing, crabbing, kayaking, and water sports. The natural surroundings also provide opportunities for hiking, birdwatching, and exploring local wildlife areas. The property’s size and location allow buyers to enjoy privacy and quiet while still being connected to the surrounding community.

Why This Property?

Affordable price for 2.23 acres in desirable Mathews County

Owner financing available, making it accessible for more buyers

Electricity at the street with straightforward utility setup

No HOA or restrictive covenants, allowing full flexibility for development

Potential for use as a homesite, vacation retreat, or long-term investment hold

Investment Potential
Virginia’s coastal land continues to see strong interest due to its natural beauty, recreational opportunities, and proximity to larger metropolitan areas. With affordable pricing, low annual property taxes, and owner financing, this property represents a cost-effective way to secure land in a growing region. The ability to hold the parcel long-term at minimal carrying costs also makes it a sound investment for the future.

Contact Information
For more details or to schedule a showing, please contact:
Clayton Hepler – Hepler Land Holdings
Phone: (803) 839-1596

This 2.23-acre parcel in Foster, Virginia, is a unique opportunity to secure affordable coastal land with flexible financing options. Whether you are planning to build, invest, or simply enjoy a private retreat, this property delivers on every front.