Michelle LeFante
Michelle LeFante

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Listing provided courtesy of Premier Properties & Assoc.MLS# 10634471MLS Provider
  • 43 days on site
  • 0 views

Rare Builder/Developer Opportunity in Prime Newport News Location! Exceptional infill development opportunity with potential for a 14&16 lot residential subdivision in one of Newport News' most desirable and supply-constrained areas. Surrounded by established neighborhoods and strong buyer demand, this property offers an outstanding opportunity for a builder or developer seeking new construction inventory in a high-demand market. This rare find is awaiting development for spec homes, custom homes, or a boutique residential community. Conveniently located near shopping, dining, major commuter routes, military bases, and Peninsula amenities. Preliminary subdivision potential available — buyer to perform all due diligence regarding zoning, subdivision approvals, utilities, and development feasibility. Rare opportunity to buy a sizable residential development tract in the heart of the Peninsula.

Source: REIN MLS, MLS#: 10634471

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  • Property Type
    Land
  • Lot
    4.61 acres

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Michelle LeFante

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  • Median Age
    33
  • Population Density
    3,860
  • College Educated
    41%
  • Estimated Median Income
    $59,980
  • Estimated Total Home Owners
    8,575
  • Estimated Total Renters
    6,934
  • Owner / Renter Divide
    55% / 45%
  • Estimated Average Household Size
    3
  • Total Population
    42,136
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 171 Richneck Road

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/27/2026Source: REIN MLS Price Reduction
$995,000 -23.5%
5/26/2026Source: REIN MLS Status Change
Active
5/18/2026Source: REIN MLS Added to Database
May 18, 2026

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