KLNB Capital Markets is pleased to present for sale Goodwin Cove, a 138.27-acre development site, and Point Seanna, a 62.8-acre development site, (“the Offering”) located in Spotsylvania County, Virginia. Goodwin Cove is site plan approved for 35 single family homes, fifteen of which are 1-2 acres fronting Lake Anna, with the rest having water views.
The Offering presents a rare opportunity to acquire two large-scale development project along Lake Anna’s coveted waterfront. Lake Anna, located just an hour south of Washington, D.C., has long been a coveted vacation destination for residents in the region. Its proximity to both the Richmond and DC MSAs has made it a popular choice for second homes and weekend retreats. Given recent outsales in the area, and land scarcity, demand for this style of housing is at an all-time high. As outlined in this package, waterfront homes on Lake Anna can garner more than $2MM.
At Goodwin Cove, a developer can have a grading permit in as little as 4-6 weeks, making this a truly shovel-ready project. The homes in this project will be served by well water and septic systems, the approvals for which are included in the site plan.