Rare Builder/Developer Opportunity in Prime Newport News Location! Exceptional infill development opportunity with potential for a 14–16 lot residential subdivision in one of Newport News’ most desirable and supply-constrained areas. Surrounded by established neighborhoods and strong buyer demand, this property offers an outstanding opportunity for a builder or developer seeking new construction inventory in a high-demand market. This rare find is awaiting development for spec homes, custom homes, or a boutique residential community. Conveniently located near shopping, dining, major commuter routes, military bases, and Peninsula amenities. Preliminary subdivision potential available — buyer to perform all due diligence regarding zoning, subdivision approvals, utilities, and development feasibility. Rare opportunity to buy a sizable residential development tract in the heart of the Peninsula.
Lot/land
Price cut: $305K (6/27)
$995,000
171 Richneck Rd, Newport News, VA 23608
--beds
--baths
4.61Acres
Unimproved Land
Built in ----
4.61 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Surrounded by established neighborhoodsSizable residential development tract
- 44 days |
- 94 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Carmen Quinn,
Premier Properties & Assoc. 757-930-2027
Source: REIN Inc.,MLS#: 10634471
Facts & features
Property
Features
- Fencing: None
- Waterfront features: Not Waterfront, Stream
Lot
- Size: 4.61 Acres
- Features: Wooded, 3.1 to 5.0 Acres
- Residential vegetation: Partially Wooded
Details
- Additional structures: None
- Parcel number: 080000115
- Zoning: R4
Utilities & green energy
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: All Others Area 110
Location
- Region: Newport News
Financial & listing details
- Tax assessed value: $203,000
- Annual tax amount: $2,395
- Date on market: 5/18/2026
- Listing terms: Owner Will Carry
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,506/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,395 | $203,000 |
| 2025 | $2,395 | $203,000 |
| 2024 | $2,395 +6.4% | $203,000 |
| 2022 | $2,251 | $203,000 +10% |
| 2021 | $2,251 | $184,500 |
| 2020 | $2,251 | $184,500 |
| 2018 | $2,251 | $184,500 |
| 2017 | $2,251 | $184,500 |
| 2016 | $2,251 | $184,500 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 23608
Nearby schools
GreatSchools rating
- 2/10George J. Mcintosh Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Ella J. Fitzgerald Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Woodside High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Richneck Elementary
- Middle: Ella Fitzgerald Middle
- High: Woodside
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Newport News City
- Newport News
- 23608
- 171 Richneck Rd
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