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$ 350,000
Est. payment | /mo
8,398 Sqft Lot
$ 350,000
Est. payment | /mo
8,398 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Chestnut Hills
MLS Listing ID 2515017
HOA Y/N No
Annual Tax Amount $1,560
Tax Year 2024
Lot Size 8,398 Sqft
Acres 0.1928
Property Sub-Type Unimproved Land
Property Description
Exceptional opportunity to acquire two fully entitled, build-ready lots in a rapidly growing neighborhood. The original home has been demolished, and the parcel has been subdivided and approved by the BZA for two new single-family homes (2200 and 2202 3rd Ave. – Lots 11 and 12). This is a true plug-and-play development opportunity—no red tape, no delays, just start building. Conveying with the sale are approved building plans for Lot 12, BZA approval for the subdivision, completed demolition of the original structure, existing water and sewer connections on Lot 12 (saving the buyer significant tap and lateral fees), stamped surveys, soil reports, and site plans for both lots. Construction funding for the build has already been approved, and a preferred lender is in place to streamline the process and help buyers move quickly into construction if needed. We recently sold two new construction homes just down the street on 2nd Avenue for $579,000 and $605,000, with the latter appraising at $620,000—demonstrating the strong resale potential in this location. Buyer to perform their own due diligence. All information is believed to be accurate but not guaranteed.
Location
State VA
County Richmond City
Community Chestnut Hills
Area 30 - Richmond
Exterior
Utilities Available Natural Gas Available, Phone Not Available, Electricity Available, Sewer Not Available
Street Surface Paved
Building
Lot Description Additional Land Available
Sewer None
Water Not Connected (nearby), Public
Schools
Elementary Schools Overby-Sheppard
Middle Schools Henderson
High Schools John Marshall
Others
Tax ID N0000559007
Ownership Corporate
Special Listing Condition Corporate Listing
Listed by Compass