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James City 23188
3940 Penzance Place
$510,000
● House - Off Market

3940 Penzance Place

Williamsburg, VA 23188
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,900 Ft²
$3,066
Est. Monthly
$215
HOA / Fees
3.88%
Cap Rate

About This Property

Welcome to 3940 Penzance Pl, a charming 2 story home situated on a desirable corner lot in the quiet neighborhood of Wellington Estates. Offering 3 bedrooms and 2.5 bathrooms, this well-maintained property features hardwood floors, an open foyer, and a freshly painted main floor (2024). To the right, you'll find a bright living room with elegant crown molding, and a formal dining room enhanced by a grand chandelier and chair rail detailing. The kitchen is generously sized with stainless steel appliances, an island, two pantries, and an eat-in area that opens to the backyard for easy indoor/outdoor entertaining. The family room invites you to relax with its cozy gas fireplace, abundant natural light, and seamless flow to the kitchen-ideal for everyday living and gathering with loved ones. A large office with French doors offers a quiet retreat for working or studying from home. Upstairs, the primary suite features three walk-in closets and an updated bath with dual vanities, a step-in shower, and a jetted tub, offering a true retreat at the end of the day. Two additional bedrooms with large closets, a full hall bath, and a convenient second-floor laundry room complete the upper level. Step outside to enjoy the expansive back deck, including a screened-in section, overlooking the fully fenced backyard-designed for relaxation, entertaining, and outdoor activities. Additional highlights include a 2 car garage, newer hot water heater (2022) and new microwave (2025). Residents of Wellington Estates enjoy access to a clubhouse, a 25-meter swimming pool, a playground, and scenic Lake Nice, great for fishing and outdoor enjoyment. Ideally located just minutes from historic Colonial Williamsburg, shops, dining, and recreation, this home also offers easy access to I-64 and Route 60 for effortless travel to Richmond, Newport News, and beyond. Come see all this home has to offer and schedule your tour today!
Unit Size
2,900 Ft²
Days on Market
42 days
Land Size
0.41 acres
Price per sqft
$178
Property Type
House
Property Taxes
$322
HOA Dues
$215
Year Built
2005

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Last updated: 2 years ago (CVRMLS #2507437)

Price History

Date / Event Date Event Price
Jun 4, 2025 Sold
Sold
May 4, 2025 In contract -
In contract
Apr 23, 2025 Listed by Real Broker LLC $515,000
Listed by Real Broker LLC
May 28, 2004 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 2,754
  • Building Area: 2,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,754
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLINGTON
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 502
  • Legal Description 1: L-70 S-3 WELLINGTON

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080402

Zoning

  • Zoning: R1 LIMITED

Geography

  • Assessors Map Reference: MAP PG 13-3
  • Account Number: 27336
  • Section: 3
  • Parcel: 13-3 08-0-0070
  • Lot: 70
  • Municipality: STONEHOUSE
  • Latitude: 37.3912
  • Longitude: -76.7857

    Address

  • Full Address: 3940 Penzance Pl
  • Address - House Number: 3940
  • Address - Street Name: Penzance
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R017
  • 4-Digit Zip Code: 6626
  • Zip Code: 23188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,972

    Appraisal Valuation

  • Standard Deviation: 0.1401
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 83
  • Final Value: 538,691
  • High Value: 614,172
  • Low Value: 463,210

    Market Valuation

  • Market Total Value: $408,400
  • Market Land Value: $88,200
  • Market Improvement Value: $320,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,400
  • Assessed Land Value: $88,200
  • Assessed Improvements Value: $320,200

    Sales

  • Current Sale Contract Date: May 26, 2004
  • Current Sale Recording Date: May 28, 2004
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 400013838

    Financing

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

Comparables

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

About James City


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Frequently Asked Questions

When was property at 3940 Penzance Place built and last sold?
The property at 3940 Penzance Place was built in 2005 and last sold on May 26, 2004 for $3,000,098.
How much is this home worth?
The estimated value of the home located at 3940 Penzance Place is $0.
What are some comparable homes to 3940 Penzance Place?
There are currently no comparable homes to 3940 Penzance Place.