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James City 23185
1540 Harbor Road
$725,000
● Land - Off Market

1540 Harbor Road

Williamsburg, VA 23185
bedrooms
Studio
bathrooms
0 Bath
$5,733
Est. Monthly
$822
HOA / Fees

About This Property

A rare, one-of-a-kind opportunity to own the LAST buildable homesite in the coveted Marina Village of Governor's Land-an award-winning golf and gated community. One of the very last buildable waterfront lots in all of James City County! Enjoy breathtaking water views, a private beach, and full access to world class amenities including championship golf, marina, clubhouse, tennis, and more. Bring your own builder or meet with Olsen Fine Homebuilding for their stunning proposed construction design.
Unit Size
-
Days on Market
164 days
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$516
HOA Dues
$822
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (CVRMLS #2529212)

Price History

Date / Event Date Event Price
Apr 2, 2026 Sold
Premium
Sold
Mar 16, 2026 In contract -
In contract
Oct 20, 2025 Listed by RW Towne Realty $895,000
Listed by RW Towne Realty
Dec 26, 2007 Sold
Premium
Sold
Jul 5, 2006 Sold
Premium
Sold

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,204
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: GOVERNORS LAND
  • Land Acres: 0000000372
  • Standard Land Use Code: 8001
  • County Land Use Code: 502
  • Legal Description 1: L-9 THE HARBOR THE GOVERNOR'S LAND

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080304

Zoning

  • Zoning: R4 RESIDEN

Geography

  • Assessors Map Reference: MAP PG 43-1
  • Account Number: 17711
  • Parcel: 43-1 02-0-0009
  • Lot: 9
  • Municipality: BERKLEY
  • Latitude: 37.2426
  • Longitude: -76.867

    Address

  • Full Address: 1540 Harbor Rd
  • Address - House Number: 1540
  • Address - Street Name: Harbor
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R019
  • 4-Digit Zip Code: 7630
  • Zip Code: 23185

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,250

    Market Valuation

  • Market Total Value: $575,000
  • Market Land Value: $575,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $575,000
  • Assessed Land Value: $575,000

    Sales

  • Current Sale Contract Date: Dec 03, 2007
  • Current Sale Recording Date: Dec 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 700035253
  • Previous Sale Recording Date: Jul 05, 2006
  • Previous Sale Contract Date: Jul 05, 2006
  • Previous Sale Amount: $792,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About James City

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3372 ft²

Average Home Age

17.9 years

Currently For Sale

59 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CVR

Listed by: Olyvia Salyer, RW Towne Realty
Last Updated: 8 months ago
Data Source: CVRMLS , MLS# 2529212
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 1540 Harbor Road built and last sold?
The property at 1540 Harbor Road was built in and last sold on Dec 3, 2007 for $840,000.
How much is this home worth?
The estimated value of the home located at 1540 Harbor Road is $0.
What are some comparable homes to 1540 Harbor Road?
There are currently no comparable homes to 1540 Harbor Road.
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