6 months on rocket

7627 Fitzhugh Ln, King George, VA, 22485

$12,000,000

382.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #2324265
Lot Size382.00 Acres
StatusActive

About 7627 Fitzhugh Ln

Located in King George VA, Eagle Bay is a vibrant waterfront community nestled along the Potomac River just west of Caledon State Park and to the northwest of Dahlgren Naval Base. This 382 acre offering is presented as a bundle of contiguous parcels around the southwest and northeast of the existing development. Prospective buyers could position the entire tract as an extraordinary waterfront estate parcel, explore conservation easement benefits, expand on the existing neighborhood, or completely re-imagine the property to optimize it for their best desired use. Zoned R-1, A-1 & A-2 with potential to rezone there are a wide range of options for development.The current owners have completed full development concepts and soil studies for a residential expansion to approximately 140 homesites of various lot sizes, from private wooded lots, to waterfront, and water view lots. A current study is underway with a focus on homesites adjacent to the waterfront and existing water view homes. On site water tower and private utility will convey. This stand-alone operation offers additional value as the private water provider for all existing and future development in Eagle Bay.

Property Details

Property Features

Listing Office:

  • Office Name: Frank Hardy Sotheby's Int'l
  • Office Phone: (434) 296-0134
  • Listing Agent: Frank Hardy

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 382.00 Acres

School Info

Assigned Schools Information:

  • King George High School, Public District Grades 9-12
  • King George Middle School, Public District Grades 7-8
  • Sealston Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Rt. 3 East from Fredericksburg, Left on Comorn Rd, Right on Caledon Rd ( Rt. 218), Left on Eagles Nest Lane, at fork go Left onto Fitzhugh Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000,000

Tax Information:

  • Annual Amount: $569
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in King George, VA.

Med. Sold Price

$439.9K

Med. Price/SqFt

$196

Avg. Days On Market

38

# of Sold Homes

27

7627 Fitzhugh Ln vs King George

182 DAYS ON ROCKET

+144 Days

$12,000,000

+$11.5M More

KEY TAKEAWAY

This property is $11.5M more than the Median Sold Price in King George, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2324265

Listing Office:

  • Office Name: Frank Hardy Sotheby's Int'l
  • Office Phone: (434) 296-0134
  • Listing Agent: Frank Hardy

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$569$304,100
2020 - $304,100
2019 - $304,100
2018$1,583$304,100
2017$1,591$304,600

History based on county public records data.

Payment Calculator

$59.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3181154
6
/10
  • Sealston Elementary School

  • 11048 Fletchers Chapel Rd

  • 8.67 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3181155
5
/10
  • King George Middle School

  • 8246 Dahlgren Rd

  • 3.99 miles

  • Public District Grades 7-8

High School

school-card-donut-3181156
5
/10
  • King George High School

  • 10100 Foxes Way

  • 4.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,167. The majority of King George, VA residents have income between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7627 Fitzhugh Ln

What is the listing price of this property?

The listing price of 7627 Fitzhugh Ln property is $12,000,000.

What type of property is this?

The property 7627 Fitzhugh Ln is land located in King George, Virginia, 22485.

Is this property for sale now?

Active Listing: 7627 Fitzhugh Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7627 Fitzhugh Ln are:
Sealston Elementary School: GreatSchools Rating 6/10
King George Middle School: GreatSchools Rating 5/10
King George High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $569 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7627 Fitzhugh Ln is 382.00 acres.
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Rocket HomesVirginiaKing George CountyKing George224857627 Fitzhugh Ln

This home is located at 7627 Fitzhugh Ln in King George, VA and zip code 22485. This home sits on a 382.00 acre lot. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $12,000,000.

In March 2024, from all listings sold in King George, VA there were more than 7 sold above asking price, over 11 sold below and more than 9 were sold right at the asked price. In March 2024 in King George, VA there were 2.8% more homes for sale than in February 2024. In March 2024 median list price was $439,959 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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