1000+ Acres of Prime Development Land Available on Lake Anna in Mineral, VA
Listing was updated at: 08/06/2019
Property Overview
Price/Rent PSF Inquire
Asset Type Land
Trade Type Sale
Acres Available 1,005.97
Date Available 08/06/2019
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Description

Location
The site is located in Louisa County, which is in the Central Piedmont region of Virginia. The county was added to the Richmond MSA in 2003, but was removed in 2013 as it was determined that residents no longer must travel to Richmond for employment. Interstate 64 is located along the county's southern border and provides easy access to both Charlottesville and Richmond. The site is located on Lake Anna, which is one of the largest freshwater lakes in Virginia. The lake covers an area of 13,000 acres, has 225 miles of shoreline, and is one of the most popular recreational lakes in the state. Due to the rising housing costs in Northern VA and Washington DC, many people are making the move to Lake Anna and other rural resort communities. In addition, vacationers see Lake Anna as a viable spot to purchase a second home. The Cutalong master-planned development is located less than 90 miles from one of Amazon's HQ2 locations: Crystal City, VA.

Co-listed with Jim Guisewhite of SVN | Commercial Specialist and Stephen Cusano of SVN | Chicago.

Sale
SVN | Northco is pleased to present 1005.97 acres of master-planned, lakefront development land for sale on Lake Anna in Mineral, VA. Mineral is located approximately 25 miles east of the City of Charlottesville, VA, 40 miles northwest of the City of Richmond, VA (the state capital), and 90 miles southwest of the Washington DC metropolitan area. The proximity of the subject site to three sizeable metropolitan areas provides residents of Mineral a tremendous variety of cultural, educational, and entertainment options within easy driving distance.

The project is fully-entitled for 891 residential units as well as a variety of commercial uses. Partial infrastructure has been installed and three holes of the 18-hole, Tom Clark designed championship golf course have been completed. Near-term development potential consists of 417 attached and detached residential housing units including single family, estate, townhouse, and cottage lots. In addition to residential development opportunities and the 18-hole championship golf course, the project will include tennis courts, horse stables, a beach and boat hotel, access to Lake Anna via community docks, as well as other amenities.

Location