Under contract

Price cut: $210K (7/27)

$129,900

740 Cason Ln, Virginia Beach, VA 23462

1beds

0baths

--sqft

$913/mo

Get pre-qualified

Single Family Residence

Built in 1960

0.95 Acres Lot

$129,100 Zestimate^®

$--/sqft

$-- HOA

What's special

INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller’s residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller’s residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.

63 days
25
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 0

Heating

None

Cooling

None

Appliances

Included: None

Features

Flooring: Other
Has fireplace: No

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 1
Pool features: None
Fencing: None
Waterfront features: Not Waterfront
Frontage length: 225

Lot

Size: 0.95 Acres

Details

Parcel number: 14685129230000
Zoning: R75
Other equipment: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Other
Foundation: Other
Roof: Other

Condition

Fixer
New construction: No
Year built: 1960

Utilities & green energy

Sewer: Call
Water: Call

Community & HOA

Community

Subdivision: Lynbrook Landing

HOA

Has HOA: No

Location

Region: Virginia Beach

Financial & listing details

Tax assessed value: $247,400
Annual tax amount: $2,400
Date on market: 7/24/2026

Estimated market value

$129,100

$123,000 - $136,000

$1,176/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$2,400 +4.3%	$247,400 +6.5%
2024	$2,301 +12.2%	$232,400 +12.2%
2023	$2,051 +2.3%	$207,200 +2.3%
2022	$2,006 +10.2%	$202,600 +10.2%
2021	$1,820 -5.8%	$183,800 +5.3%
2020	$1,933 +12.9%	$174,500 +2.2%
2019	$1,711	$170,700
2018	$1,711 +5.9%	$170,700 +5.9%
2017	$1,616 +4.6%	$161,200 +3.3%
2016	$1,545 -5.6%	$156,100 -5.6%
2015	$1,637	$165,400 -3.2%
2014	$1,637	$170,800
2013	--	$170,800
2012	--	$170,800 -0.7%
2011	--	$172,000
2010	--	$172,000 -10%
2007	--	$191,069 +40.8%
2006	--	$135,750 +3.1%
2005	--	$131,614 +37.1%
2004	--	$95,970 +15%
2003	--	$83,466 +8.4%
2002	--	$77,010 +3.5%
2001	--	$74,418