2+ Acres Under $25K – Mathews County, VA
2.23 Acres in Mathews County, Virginia – Road Frontage and Flexible Use
This 2.23-acre parcel located on East River Road in Foster, Virginia, offers buyers an affordable opportunity to own versatile acreage in Mathews County. Priced at $22,999, the property is ideal for those looking for a private homesite, a small investment parcel, or flexible land use in one of Virginia’s most desirable coastal counties.
Property Overview
Price: $22,999
Size: 2.23 acres (97,139 sq. ft.)
County: Mathews County, VA
Parcel ID: 19-A-103
Land Use Type: Commercial/Industrial
HOA: None
Restrictions: None
The parcel features direct frontage on East River Road, providing convenient access. The lot is mostly wooded, offering privacy and natural surroundings, while its manageable size makes it suitable for a range of uses. With no HOA fees and no restrictive covenants, the property allows maximum flexibility for the futur...
The parcel features direct frontage on East River Road, providing convenient access. The lot is mostly wooded, offering privacy and natural surroundings, while its manageable size makes it suitable for a range of uses. With no HOA fees and no restrictive covenants, the property allows maximum flexibility for the future owner.
Utilities and Access
Electricity: Available at the street
Water: Not currently available; a private well would be required
Sewer: Septic system would be needed
Gas: No natural gas service
Internet: Not currently available
The availability of electricity at the road is a major advantage for future development, reducing the cost and effort associated with building on the property. Other infrastructure would need to be added by the buyer, making this a blank canvas for a variety of projects.
Location and Surroundings
This parcel is located in Foster, part of Mathews County, Virginia. The county is well known for its scenic waterways, proximity to the Chesapeake Bay, and charming small-town lifestyle. The property’s location offers the tranquility of a rural setting while still being within a reasonable distance of towns and services.
Residents of the area enjoy a slower pace of life, outdoor recreation, and easy access to boating, fishing, and water-based activities. Mathews County has long been considered one of Virginia’s most desirable coastal areas due to its mix of affordability, charm, and natural beauty.
Investment Potential
Priced under $25,000, this 2.23-acre lot offers an affordable entry point into land ownership in coastal Virginia. With an assessed value of $8,900, low annual holding costs, and no restrictions, the property represents a flexible investment. Buyers can hold the property as a long-term asset, clear it for residential development, or explore other uses under its commercial/industrial designation.
The combination of location, road access, and utility availability makes this property attractive to both individual buyers and investors seeking value in a growing area.
Key Features
2.23 acres with direct road frontage
Electricity available at the street
No HOA and no restrictions
Convenient location in Mathews County, VA
Flexible land use potential
Contact
For additional details or to schedule a visit, please call:
Clayton Hepler – (803) 839-1596
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