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1.42 Acres for Sale in Pittsville, Virginia

1.42 Acres for Sale in Pittsville, Virginia

$43,000

Bluelion LLC

Bluelion LLC

Bluelion LLC

Wholesalers/Investors
0 Reviews

Property Details

Property Description

1.42 Acre Lot – Lot 115, Eagle Pointe Shores Dr, Pittsville, VA 24139

Property facts

AspectDetailsAcreage (approx.)~1.42 acres (61,753 ft²).Parcel ID / Legal descriptionPittsylvania County parcel 1594-57-8774 (Eagle Pointe Shores Subdivision, Section 2, Lot 115).Address & coordinatesLot 115 Eagle Pointe Shores Dr, Pittsville, VA 24139. Approx. 37.06255, -79.4838 (use these coordinates in Google Maps to locate the property).Road frontage & depthAbout 100 ft of paved road frontage along Eagle Pointe Shores Dr with an estimated ~620 ft depth (calculated from the lot area).Topography & land coverThe lot is gently sloping and mostly wooded. Similar waterfront lots in the subdivision have lake and mountain views and gentle terrain.ZoningResidential Planned Development (RPD) zoning (Pittsylvania County).Taxes (estimate)Approximately $196 yr (based on similar 1.22 acre lot taxes).UtilitiesUnderground electric and phone lines are available within Eagle Pointe Shores. Owners typically install a well and septic system for water and sewer; cable/internet may be available through local providers.Subdivision & HOAThe lot lies inside the Eagle Pointe Shores gated community. Amenities include a community boat ramp and dock, picnic pavilion, hiking trails, fishing pier, paved roads, and underground utilities. HOA dues are ~$800–850 yr for similar lots.

Map and terrain insight

  • Access: Eagle Pointe Shores Dr is a paved road, and the community gate provides controlled access. The lot fronts the road for approximately 100 ft and is about 0.7 acres deep (620 ft). Because the community roads are paved and maintained by the HOA, year round access is easy.
  • Topography: Land Search listings for nearby lots describe gentle slopes with mature hardwoods and rolling terrain. From the street the lot slopes gently toward the back, offering potential for lake or mountain views through the trees.
  • Water & views: Eagle Pointe Shores hugs Leesville Lake, a 17 mile-long reservoir on the Staunton River. Nearby parcels enjoy lake and mountain views and may have partial water access. This lot is not waterfront but is just a short walk to the community boat ramp.
  • Use Land glide: Prospective buyers can use the Land glide app to view parcel boundaries on site. Enter the coordinates (37.0605 N, –79.4796 W) in Google Maps to navigate directly to the lot.

Community & amenities

Eagle Pointe Shores is an upscale gated community on the northern arm of Leesville Lake. Residents enjoy:

  • Boat ramp and dock access: community launch ramp with fishing pier and boat docks.
  • Underground utilities & paved roads: utility lines are buried and wide roads are paved for easy access.
  • Picnic pavilion & hiking trails: a lakeside picnic pavilion and miles of walking trails through mature hardwoods.
  • Additional boat storage: dedicated storage area for trailers and recreational equipment.
  • Privacy: the development is gated and features low density home sites. HOA dues (~$800–850 yr) help maintain amenities.

Nearby attractions (approximate driving distance)

Attraction (distance from property)Highlights & appealLeesville Lake Marina (~5 mi)Family friendly marina offering boat and slip rentals, fuel, fishing supplies, pontoon and non powered boat rentals, a swimming pool, pickleball court, and cook to order grill. Weekly events include fish fry Fridays, open mic nights, worship on the water and game nights. Located off Route 29 at 2736 Marina Dr, Gretna.Leesville Lake Campground (~8 mi)40 acre campground with full hookup campsites, bathhouse, coin laundry, event field, playground, propane, store & gift shop, swimming pool, Wi Fi, nature trails and spectacular views. Campers enjoy quick access to the lake with a boat ramp, floating dock, pavilion and paved boat trailer parking.White Oak Mountain Wildlife Management Area (~15 mi)2,748 acre wildlife preserve in Pittsylvania County; a mosaic of forest and ponds where visitors can hunt, fish, hike, ride horses and camp. Elevations range from 550–900 ft, offering varied terrain. A public shooting range is also available.Smith Mountain Lake State Park (~25 mi)Set on the second largest freshwater lake in Virginia, this 1,248 acre park offers swimming, boat rentals, boat ramp, an accessible fishing pier, picnic areas, camping, miles of trails and cabins with boat docks. Located at 1235 State Park Rd., Huddleston, roughly 40 mi from both Lynchburg and Roanoke.Patrick Henry’s Red Hill (National Memorial) (~30 mi)Final home and burial place of Revolutionary orator Patrick Henry. The memorial includes a visitor center and museum housing the world’s largest collection of Henry artifacts, a reconstructed 1770s house and grounds overlooking the Staunton River. Guided tours and special events (Independence Day celebration, naturalization ceremonies and Christmas open house) run throughout the year.

Distances to nearby cities: The community is centrally located in southern Virginia. Approximate driving distances are ~35 mi to Danville, ~40 mi to Lynchburg and ~45 mi to Roanoke (distances vary slightly depending on route).

Local market & comparable

Recent listings in Eagle Pointe Shores suggest that similar lots command significantly higher prices. For example:

  • A 1.22 acre lot in the community was listed for $60,000 and describes the same amenities, with an annual HOA fee of $800 and property taxes of $196/yr.
  • A 4.51 acre waterfront tract was offered at $129,000 and highlights the community’s boat ramp, hiking trails, picnic areas and underground utilities.
  • A larger 8.73 acre lot with 300 ft of shoreline sold for $50,000, yet has an HOA fee of $850/yr.

At $43,000 cash or $45,000 with financing, this 1.42 acre lot is priced below many comparable properties on a per acre basis and offers a budget friendly entry into an amenity rich lake community.

Financing options

Financing is available with 20 % down, a 12.99 % fixed interest rate and a $35/month servicing fee. Estimated county taxes (~$196 yr) are included in the payments. Closing costs of $1,500 plus a four month tax reserve (~$65) are due at closing.

TermDown payment & closingMonthly principal & interest*Monthly payment (with tax & $35 fee)24 months (2 years)$10,565 (20 % down + closing & tax reserve)$1,711.34$1,762.67/Mo36 months (3 years)$10,565$1,212.81$1,264.14/Mo48 months (4 years)$10,565$965.61$1,016.94/Mo

*Principal & interest calculated on an $36,000 loan (purchase price $45,000 minus 20 % down) at 12.99 % interest. Taxes and servicing fee added to monthly total.

Disclaimer From LandCentury

The information within this listing is posted by a private or third-party seller, and we do not guarantee the accuracy of the information enclosed. We encourage you always to verify ownership and property details listed. As a precaution, due diligence in any real estate transaction is encouraged, and closing through a verified title company is advised. To the maximum extent permitted by law, we do not accept any responsibility to any person for the accuracy of the information herein.

Local Information

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