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Alec Kantor

alec@theakregroup.com +1(757) 384-4590

$ 399,000

Est. payment | -/mo

0.65 Acres Lot

Save

$ 399,000

Est. payment | -/mo

Save

0.65 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Grimesland

MLS Listing ID 10639834

HOA Y/N No

Annual Tax Amount $4,257

Lot Size 0.645 Acres

Property Description

An unparalleled waterfront opportunity awaits at 1502 Magruder, boasting deep water access to the James River and breathtaking panoramic views. Following a fire in October 2025, this lot has become the ultimate builder dream or canvas for a buyer ready to bring a custom masterpiece to life. The original foundation and layout are still intact, allowing you to utilize the existing structural footprint or easily expand upon it to accommodate your exact lifestyle needs. There is completely no other property or opportunity matching this on the market right now. Incredible value remains on the land, highlighted by an existing in ground pool that is grandfathered in and ready for repair, alongside a waterfront deck and pier that can also be repaired and reinstalled. Nestled in the heart of Smithfield just minutes from Smithfield Station, dining, and boutique shopping, this property is sold as is and offers a truly unmatched head start for your waterfront dream home. Do not access lot without permission.

Location

State VA

County Isle Of Wight County

Area 64 - Smithfield

Zoning TOWN

Exterior

Fence None

Utilities Available City Water, Septic

Waterfront Description Deep Water,Dock

Building

Building Description None, None

Structure Type None

Schools

Elementary Schools Westside Elementary

Middle Schools Other Middle School

High Schools Smithfield

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Listed by Keller Williams Capital Props.

NEARBY SCHOOLS & PROPERTIES

“Our job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(757) 384-4590

alec@theakregroup.com

4605 Pembroke Lake Circle #103C, Virginia Beach, VA, 23455, USA

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1502 Magruder RD Smithfield, VA 23430