Prime 35.87-Acre Development Opportunity – Heart of Chester, VA! Exceptional opportunity to acquire 35.87 acres of prime, centrally located land ideal for residential development—perfect for townhomes, single-family homes, or a private estate community. Located in a high-growth corridor with convenient access to Route 10, I-95, I-295, and I-288, this property offers outstanding potential for builders, developers, or long-term investors. A fully renovated home is located on-site, providing immediate livability or rental income potential during development. The residence features brand-new drywall, flooring, bathrooms, and a kitchen, along with two bonus rooms that can easily convert into a fourth and fifth bedroom. Additional improvements include a 536 sq. ft. attached two-car garage, large screened porch, carport, and covered patio area—offering both comfort and value as part of this versatile investment package. Investment Highlights: • Total Land Area: 35.87 acres (mostly level and usable) • Zoning: Suitable for residential development (townhomes or single-family homes) – verify with county planning • Location: Prime Chester location near Route 10, I-95, I-295, and I-288 • Utilities: Public water and sewer available nearby (verify availability) • Existing Structure: Renovated home suitable for rental income or as a site office during development • Topography: Favorable terrain ideal for subdivision or phased construction • Market Growth: Chesterfield County continues to experience strong housing demand and expansion • Accessibility: Minutes from major retail centers, schools, and employers • Exit Strategy: Perfect for builders, developers, or long-term investors seeking capital appreciation and project flexibility ??This property presents a rare opportunity combining immediate livability, rental income potential, and significant development upside in one of Chesterfield County’s fastest-growing residential corridors.
Based on the average sale price from the Ashland, VA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
13225 Old Happy Hill Road Chester, VA is a Single Family Home for sale at $1499000 with 2376 sqft and a lot size of 35.87 Acres Acre(s). 13225 Old Happy Hill Road Chester has 3 bedrooms, 3 baths and was built in 1977. The property's zip code is 23831 which is in Chester, VA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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