The Preserve Tract spans 2,317+/- acres and is located within an hour of many of Virginia's larger cities, just 15 minutes northwest of Williamsburg. The property features approximately four-and-a-half miles of frontage on Ware Creek, which flows into the York River shortly after it leaves the property. The creek forms the property's northern boundary, and on the other side is the Ware Creek Wildlife Management Area (WMA), which adds an open space buffer and significant neighboring wildlife habitat. The land is a diverse mix of established upland timber, deep ravines, creeks, and brackish marsh, all currently managed for hunting and wildlife. In addition, miles of established roads and trails weave throughout the property and provide the framework for additional uses.
There is a conservation easement on the property that was drafted with flexibility for future owners in mind. Fifteen homes and associated improvements, including docks on Ware Creek, are permitted, as well as 130,000 square feet of commercial space. As a result, the Preserve Tract can accommodate a range of future ownership scenarios, be it a family compound, a best-in-class recreational retreat, or a small-scale, conservation-oriented community. Competitively priced, large acreage properties of this size are rare on the Virginia Peninsula, and the property's low carrying costs make it an excellent long-term, sustainable investment opportunity and 1031 candidate.
*Note: The Preserve Tract is part of the larger Stonehouse Preserve.
The Facts:
~ 2,317+/- acres
~ Borders the 2,600+/- acre Ware Creek Wildlife Management Area and is nearly adjacent to the 2,954+/- acre York River State Park
~ Over four-and-a-half miles of frontage on Ware Creek
~ Multiple additional small streams and creeks throughout the property
~ Land is primarily upland timber, featuring a balanced mix of hardwoods and pines
~ 15 minutes from Williamsburg, Virginia
~ 40 minutes from Richmond, Virginia
~ Two hours and twenty minutes from Washington, D.C.
~ Excellent deer, waterfowl, turkey hunting, and fishing
~ Extensive opportunities to develop additional recreational components
~ Convenient access to three commercial airports, all within 45 minutes of the property
~ Under a conservation easement, 15 homes and 130,000 square feet of commercial space are permitted