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7 Unique Virginia Properties with Development and Investment Potential

By Fhilcar

1 min read

Explore seven standout properties across Virginia offering rare investment opportunities, spacious acreage, and homes full of charm. From build-ready lots and renovation projects to serene wooded retreats, these listings highlight the state’s diverse real estate appeal for developers, investors, and lifestyle buyers alike.

1537 Black Cat Rd | $499,900

1537 Black Cat Rd
1537 Black Cat Rd, Keswick, VA 22947
lauriepartner
LISTING AGENT:
Laurie Partner

Attention Developers and Builders! EXTRAORDINARY OPPORTUNITY to buy LOT 1 w/7.47 Acs & DIVIDE it into THREE LOTS w/MULTIPLE USES! Located in highly desired BLACK CAT RD area of KESWICK, eastern Albemarle Co, between I-64 & 250W. Easy Access to C’ville, Zion XRds & Richmond. PRIVATE DRIVEWAY connects to BACK 5.47 ACS of Lot 1, currently UNDEVELOPED & WOODED.

Listing details: Room on back acreage for 2 CUSTOM HOMES, lovely B&B, or FARMETTE! Not perc tested but all neighbors have wells & septic systems. FRONT 2 ACS has WIDE ROAD FRONTAGE on Black Cat Rd & includes a 2241 fsf BRICK RANCH W/BASEMENT & 312 sf single car garage. NEEDS RENOVATIONS & TLC, making a great FLIP PROJECT! House & Shed sold “AS-IS, Where IS”. Oil heating, 2 wells, septic & electric systems all in working order. HOME INSPECTION for info purposes only. WALK ON marked grass driveway to back 5.47 ACS. Stay on LEFT SIDE.

Price:
$499,900
Size:
2,241 sq ft
Contact:
Laurie Partner , Real Estate III , +1 434.953.6549

2282 Holiday Lake Rd | $490,000 (Sold)

909508 1
2282 Holiday Lake Rd, Appomattox, VA 24522
susanthompson
LISTING AGENT:
Susan Thompson

SOLD! This 5 bedroom 3 bath home on 15 private wooded acres of mostly 30 year old pines awaits you.

Price: $490,000 (Sold)

Listing details: This unique dome style home has three levels of space and extensive decking to take in the peace and quiet. The only things within view are the abundance of wildlife munching on the large fig tree! The land is subdivided into 3 parcels and a detached garage.

Size:
4,998 sq ft
Contact:
Susan Thompson , Better Homes and Gardens Real Estate Base Camp , +1 804.399.8655

Lots To Develop/Build | $490,000

braddock street 1
Braddock Street, Winchester, VA 22601
coldwell banker logo904 8
LISTING AGENT:
Wendy Longerbeam

The proposed townhouse project was named North End Estates. Plat shows 8 units in Winchester City, which were previously approved for 3 bedroom units. Those lots are larger.

Size: –  acres

Listing details: Six smaller lots, on the Frederick County side for 2 bedrm units. Allows a 50’ buffer easement along the back. One and a half acre total size (68,484 sq ftg.) Access off North Braddock St., on the right, just after the apartment building. Currently offered at $490,000, which is $29,000 each lot on the county side and $39,500 each for the city lots. Permits currently expired so buyer will resubmit for approval or plan your own project for approval. Convenient to retail district, industrial park, schools, downtown historic dist and the junction of I.81, Rt 37 Bypass, Rt 11 and just minutes to commuter Rt 7.

Price:
$490,000
Contact:
Wendy Longerbeam , Coldwell Banker Elite , +1 540.303.8100

5454 Lonsdale Road | $474,900 (Sold)

906978 1
5454 Lonsdale Road, Roanoke, VA 24018
jeffcronise
LISTING AGENT:
Jeff Cronise

SOLD! Welcome to this SW County 4 BR, 3.5 BA grand colonial brick house conveniently situated on 1+ acre near Lewis Gale Medical Center, Ridgewood Farms, steps away from the rolling hills of Hidden Valley Country Club golf course. Home has been well-maintained and cared for and is on the market for the first time in 25 years!

Price: $474,900 (Sold)

Listing details: Lot includes large, fenced yard , large paver patio, mature landscaping with beautiful fragrant rose bushes and dogwood trees in the front, with multiple fruit trees in the back (pear, cherry, fig, and blackberry bushes) Fresh paint throughout interior and exterior. Ample storage closets throughout the house in addition to a separate walk-in pantry, storeroom with shelving off the basement, and large outdoor shed. Heated/cooled sunroom and so much potential in this one.

Size:
2,452 sq ft
Contact:
Jeff Cronise , Wainwright & Co., Realtors® , +1 540.815.9475

1309 Belmont Park | $472,000

658298 1
1309 Belmont Park, Charlottesville, VA 22902
colleenmarshall
LISTING AGENT:
Colleen Marshall

A one-of-a-kind Charlottesville gem with investment potential! Currently an artist’s retreat, this charming bungalow rests on a spacious double lot with road frontage on both Avon and Belmont Park.

Listing details: The lot allows room to expand the one-bedroom, one- bath home and investors should take note of the Corridor/Mixed-Use (CX-3) zoning (NO density restrictions). The possibilities are endless for both residents and investors alike!

Price:
$472,000
Size:
1,013 sq ft
Contact:
Colleen Marshall , Howard Hanna Roy Wheeler Realty – Zion Crossroads , +1 434.960.6081

Resort-Style Living In The Heart Of Mariners Landing | Contact for pricing

914550 1
112 Pointe O Woods Dr, Huddleston, VA 24104
Edna Jamieson Wood 1
LISTING AGENT:
Edna Jamieson Wood

Nestled in the heart of Mariners Landing, a premier Smith Mountain Lake resort community, this charming 3-bedroom, 2.5-bath home backs up to the golf course. All new appliances, New carpet in all bedrooms, new flooring, a brand-new luxury master bath featuring an oversized shower, jacuzzi tub, and private loo. 

Price: Contact for pricing

Listing details: The bright, open floor plan with floor to ceiling stone propane fire in open great room leads to a spacious screened porch with tile flooring, shading and ceiling fan, perfect for relaxing year-round. Enjoy fenced-in back & side yards. This golf course community offers beach access,3 pools(one indoor), tennis, fine & casual dining, fitness, walking trails & more. Ideal full-time residence or investment rental. Experience resort-style living at Smith Mountain Lake! Bonus Room over the garage makes perfect office, family/game room or use as additional bedroom! Large circular Drive, loads of parking for guests. Covered front porch plus screened in back porch. Professionally landscaped all around! Leased boat slips based on availability. Robert Trent designed golf course. Starbucks on site. Over 6 miles of walking trails. Lots of community events, socials, etc.

Size:
2,223 sq ft
Contact:
Edna Jamieson Wood , Wainwright & Co., Realtors® – Lake , +1 540.520.0168

1304 5th Street | $169,900

357413 1
1304 5th Street, Altavista, VA 24517
Cindi Parsons
LISTING AGENT:
Cindi Parsons

MOVE RIGHT IN! Updates have been done including vinyl siding, new kitchen cabinets and countertops, new flooring, fresh paint, updated bath- room, new heat pump/central air, new 200 amp breaker box and metal roof! Perfect for first time buyers as this home qualifies for USDA and all other financing! Also good for older folks wanting to downsize and be close to the bus line and amenities such as stores/shopping, doctors’ offices and restaurants!

Listing details: Includes living room, eat-in kitchen with dishwasher, 3 bedrooms, bath and laundry closet, all on one level! Take a look at this move-in ready home today! Dead end street in Altavista. Also includes a shed and dog lot! Seller will give an appliance credit so you can you can choose what you’d like!

Price:
$169,900
Size:
875 sq ft
Contact:
Cindi Parsons , Agnes Dowdy & Associates, +1 434.851.8522