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16539 Monrovia Rd, Orange, VA 4900 Corsair Terrace, Mineral, VA
Goodwin Cove + Point Seanna
Asset ClassLand
Land201 Acres
Land: 201 AcresMSA: Washington, DCAccess Data Room
201 Acres of Single-Family Development Land on Lake Anna in Spotsylvania County
overview of deal

Overview

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.

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Investment Highlights

  • Full site plan approval for 35 single-family homes @ Goodwin Cove
  • Thousands of feet of waterfront on Lake Anna
  • Historical outsales well north of $1.5M
16539 Monrovia RdOrange, VA 22960

Contact

Pierson KreutzerSenior Vice President202-780-1260pkreutzer@klnb.com
Jared C. EmerySenior Vice President202-422-4342jemery@klnb.com
John ColanCapital Markets202-599-3899jcolan@klnb.com
Harry DematatisSenior Vice President202-420-7778hdematatis@klnb.com
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