553 E. Mercury Blvd is a proposed 4-unit townhome development currently moving through rezoning from C-2 to MD-4. Concept plans call for four three-story townhomes featuring attached garages, 3 bedrooms, loft space, and modern open-concept layouts. At approximately $70,000 per unit, this project offers an attractive entry point for builders looking for a manageable-sized development without the carrying costs and complexity of a large subdivision. The site sits in the growing Phoebus/Mercury Boulevard corridor with quick access to Fort Monroe, Buckroe Beach, Langley Air Force Base, I-64, shopping, restaurants, and major employment centers. Hampton continues to see significant residential investment and redevelopment activity along the Mercury Boulevard corridor, creating strong demand for new housing inventory. We also offer a unique opportunity for direct collaboration with the developer to ensure your vision for this project is fully realized.
56 days
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72
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4
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Zillow last checked:
Listing updated:
Listed by:
Angela Kennedy,
1st Class Real Estate Integrity757-431-7521
Source: REIN Inc.,MLS#: 10636086
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Facts & features
Property
Features
Fencing: None
Waterfront features: Not Waterfront
Lot
Features: Level, Less Than 1/4 Acre, Subject to Zoning
Details
Additional structures: None
Parcel number: 12001744
Zoning: C2
Construction
Type & style
Home type: Condo
Property subtype: Condominium
Utilities & green energy
Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
Subdivision: Phoebus
Location
Region: Hampton
Financial & listing details
Annual tax amount: $819
Date on market: 5/21/2026
Road surface type: Other
Estimated market value
Zestimate®
$279,100
Estimated sales range
$265,000 - $293,000
Rent Zestimate®
$1,514/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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