$665,500
SOLD FEB 28, 2025

Lot 1-11 Waterfield Ln Unit 1-11 Atlantic, VA 23303

142 Acres
$4,674 Price per Acre
6,202,378 Sq Ft Lot

Recently Sold

33% Below List Price

299 Days on Market

Highlights

  • Sea Front
  • Farm
  • No HOA
  • 142.39 Acre Lot
  • Partially Wooded Lot
  • Open Lot

About This Lot

As of February 2025

Property like this doesn't come around very often, but when it does, don't miss the opportunity. This beautiful piece of property is now available for sale. The property has been subdivided into 11 lots, various sizes and all perked. The plat has been recorded with the Clerk's Office. There are 7 Lots that look out towards Watts Bay and pretty much cleared. There are two lots that are situated behind the waterfront lots, there are cleared. The remaining 2 lots are wooded with additional cleared sites within. The property is currently being farmed. This property has great views, and you have a front row seat for NASA launches. You are minutes from Chincoteague, Assateague Beach and more. Come discover what this property has to offer today. Market Price Improvement 10-23-24.

Last Agent to Sell the Property

Tammy Mason

Weichert, Realtors Mason - Davis Brokerage Phone: 7577871010 Listed on: 04/09/2024

Weichert, Realtors Mason - Davis

Co-Listed By

Andy Mason

Weichert, Realtors Mason - Davis Brokerage Phone: 7577871010 License #0225059612

Last Buyer's Agent

Tammy Mason

Weichert, Realtors Mason - Davis Brokerage Phone: 7577871010 Listed on: 04/09/2024

Weichert, Realtors Mason - Davis

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,302

Lot Details

  • 142.39 Acre Lot
  • Sea Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Open Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Zoning described as Agricultural

Parking

  • Driveway
  • Open Parking

Schools

  • Kegotank Elementary School
  • Arcadia Middle School
  • Arcadia High School

Farming

  • Farm

Community Details

  • No Home Owners Association
  • Atlantic Subdivision

Listing and Financial Details

  • Tax Lot 1-11
  • $555,000 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$3,302

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 142.387
  • Lot Size: 142.387
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt Lane
  • Water Body Name: Watts Bay
  • Co List Office Phone: 757-787-1010
  • Subdivision Name: Atlantic
  • Directions: Coming through the town of Atlantic, stay on Atlantic Rd past the Post Office. Waterfield Lane will on the right. This is a private dirt lane. Follow all the way to fork and stay left. This access is a farm road, so stay to the right of the property, not to disturb crops. PLEASE DO NOT GO WITHOUT YOUR AGENT.
  • Attribution Contact: 7577871010
  • Special Features: None

Interior Features

  • Possible Use: Residential, Recreational, Farm, Horses

Exterior Features

  • Lot Features: Wooded, Open Lot, 50 acres +/-, Farm
  • Topography: Sloping
  • Waterfront Features: Water Front, Bay Front, Seaside, Waterfront
  • Waterfront: Yes
  • Other Structures: None

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Natural Driveway

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Kegotank
  • High School: Arcadia
  • Middle Or Junior School: Arcadia

Lot Info

  • Lot Size Sq Ft: 6202377.72
  • Cultivated Acreage: 3267000
  • Farm Land Area Units: Square Feet
  • Wooded Area: 2918520
  • Zoning Description: Agricultural

Tax Info

  • Tax Annual Amount: 3302.28
  • Tax Book Number: 201300262
  • Tax Lot: 1-11
  • Tax Map Number: 43-2-(1-11)
  • Tax Other Annual Assessment Amount: 555000

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $665,500 -23.9% --
02/03/2025 02/03/25 Pending -- -- --
10/23/2024 10/23/24 Price Changed $875,000 -2.2% --
08/31/2024 08/31/24 Price Changed $895,000 -10.5% --
04/09/2024 04/09/24 For Sale $999,950 -- --
Source: Eastern Shore Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 60284