a wrap around front porch on one of the houses for sale in Pungo Virginia Beach Va

Current Homes for Sale in Pungo VA Beach | GR 2024

Welcome to the current homes for sale in Pungo VA Beach! This is a serene, rural area that is known for its strawberry fields and the last bit of farmland in the area. Though it may be quiet, don’t let that fool you. Pungo is more than just open spaces and fresh produce; it’s a community full of charm and character.

In this real estate blog, we’re going to explore Pungo in all its glory! From the peace of its countryside to the vibrancy of its tight-knit community life. Let us be your guide through the wonders of the beloved countryside of Virginia Beach.

Current Pungo Homes for Sale

Waterfront Homes for Sale in Pungo VA Beach

Pungo is one of the charming neighborhoods of Virginia Beach and it offers plenty of waterfront homes that provide residents with perfect views and direct access to the serene waters. If you’re considering investing in a waterfront property for sale in Pungo Virginia Beach, you will be making an excellent choice.

Types of Waterfront in Pungo

  1. North Landing River
  2. West Neck Creek
  3. Pocaty River
  4. Blackwater Creek
  5. Various parts of the North Landing River Watershed

What to Expect When Owning a Waterfront Home in Pungo, VA Beach

Owning a VA beach waterfront homes for sale is like having your own personal retreat. The peaceful vibes with the stunning water views provide a sense of peace and relaxation that’s hard to find nowadays.

  1. Breathtaking Views: One of the main draws of living in a waterfront home in Pungo is the spectacular views.
  2. Recreational Opportunities: Waterfront living offers endless recreation opportunities. From swimming and boating in the summer to fishing all year round, there’s always something fun to do.
  3. Wildlife Encounters: Living by the water in Pungo means you’ll see a variety of wildlife. It’s not uncommon to spot rare birds, white-tail deer, and other local wildlife right in your own backyard.
  4. Increased Property Value: Waterfront homes for sale in Pungo Va Beach va will appreciate faster than non-waterfront properties, making them a “sound” investment.
a view of a home from above. the home is big and white and a beautiful autumn trees around this is typical of the homes for sale in Pungo Va Beach

New Homes for Sale in Pungo VA Beach

If you’re looking for a home that has rural living with the convenience of city amenities, Pungo in Virginia Beach is an ideal location. Pungo is known for its 23,000 acres of beautiful farmland and is just a few minutes away from the windswept dunes and the houses for sale in Sandbridge Beach.

Here’s what you can expect from the new homes for sale in Pungo Va Beach:

Modern Amenities

Pungo has all the Virginia Beach luxury homes you are looking for. They offer amenities such as spacious open floor plans, ready-to-cook kitchens, energy-efficient appliances, and many smart home features built in.

Diverse Architectural Styles

The architectural styles of the homes for sale Pungo Virginia Beach are as diverse as the community itself. Whether you’re drawn to the traditional appeal of timeless farmhouses or the sleek look of new architecture, you’ll find a home here that matches your personal preferences perfectly.

Proximity to Nature

Life in Pungo means being constantly surrounded by nature. Many of the homes for sale in Pungo Virginia Beach VA are near the prettiest parts of VB. These include the North Landing River, False Cape State Park, and Back Bay National Wildlife Refuge.

Close-Knit Community

Pungo is home to about 5,000 people. If you want it, you will find a close-knit community where neighbors know each other. There are always community events, fresh farmers’ markets, and local festivals.

Investment Potential

The steady demand for houses for sale in Pungo Va Beach, along with the spacious house lots, always contributes to the strong investment potential of real estate in Pungo. Buying a home here could not only provide you with a wonderful place to live but also serve as a valuable asset in your portfolio. Many of the properties are Virginia Beach houses for sale with pool!

a view from above of the Pungo area of Virginia Beach You can see that there are plenty of green trees and water and farm land

At Griffin Realty, we are dedicated to helping you find the perfect home in Pungo VA Beach. Our team of expert real estate professionals has extensive knowledge about the neighborhood and can guide you through the home-buying process.

Single Family Homes for Sale in Pungo VA Beach

Single-family, or ranch style homes for sale in Virginia Beach are some of the most popular types of homes built and sold. Here we break down the types of single-family homes you can expect to find in Pungo.

Variety of Home Styles

Spacious and Private

  • Generous yard spaces for gardening
  • Children’s play areas
  • Plenty of outdoor living
  • Separate living areas offer plenty of room for your family to grow

Proximity to Amenities

  • Convenient access to schools
  • shopping centers
  • restaurants
  • healthcare facilities
  • Enjoy the rural charm without sacrificing essential amenities

Strong Community Vibes

  • Friendly neighbors
  • Regular community events like the annual Pungo Strawberry Festival
  • Find a sense of belonging
  • Engage community engagement

Investment Potential

  • Consistent demand and limited supply
  • A valuable asset for the future while providing a fantastic place to live
a little boy picking strawberries in one of the fields in Pungo. he has a blue shirt and has blonde hair and is very happy

Land for Sale Pungo VA

Pungo offers one of the last places where you can find land for sale in Virginia Beach Va. There are 5 major types of land for sale in Pungo Virginia Beach VA.

Undeveloped Land

  • Ideal for custom projects
  • Flexibility to design your new construction homes in Pungo.

Residential Lots

  • Another spot perfect for building your own home
  • Some are located within neighborhoods that are already established

Farm Land

  • Suitable for small hobby farms to large commercial options
  • Perfect for agriculture, crop growing, or even livestock raising
horses out on one of the homes for sale in Pungo Va Beach with green trees in the back and yellow grass on the ground

Commercial Lots

  • Suited for business owners looking to establish or expand operations
  • Typically located in areas with good visibility and accessibility

Large Rural Tracts

  • Ideal for those seeking privacy and wide open spaces
  • Plenty of space for private residence, farming, recreation, or conservation

Waterfront Properties

  • Stunning views and direct access to water
  • Ideal for boating, fishing, or water lovers

Pungo Homes for Sale by Owner

Purchasing one of the houses for sale Pungo Va Beach directly from the owner, often referred to as For Sale By Owner (FSBO), is an option for many buyers due to potential savings on agent commissions. However, it’s so important to understand the process and why having one of the trusted real estate agencies in Virginia Beach by your side can still be beneficial.

The FSBO Process in Virginia Beach

  1. Research: You the buyer will need to do thorough research on the local market, comparable property prices, and the property details.
  2. Inspection: A home inspection is crucial to identify any potential issues. This is important because these issues will need repair and will affect the price.
  3. Negotiation: If you do not use an agent the buyer and seller negotiate the price directly. The negotiation step requires that you have a good understanding of the local real estate market and strong negotiation skills.
  4. Paperwork: The buyer must handle all the paperwork, including drafting the purchase agreement and coordinating the closing process. Which is no easy task.
a big beautiful house for sale in Pungo Virginia Beach. the front yard is huge, and there are big pine trees all around

Like what you’re hearing? Let’s talk about the Pungo Real Estate Market! We can also help sell my home in Virginia Beach!

The Value of a Real Estate Agent at Griffin Realty

Even when buying a home directly from the owner, having a trusted real estate agent on your side is highly beneficial:

  • Expertise: We have a deep understanding of the local market and can provide valuable insights to get you the best fair price and use our negotiation strategies.
  • Inspection and Disclosure: We will guide you through the inspection process and ensure full disclosure from the seller about the property’s condition. We also know some of the best experts in the business.
  • Paperwork: We know how to handle the complex paperwork that comes with the houses for sale in Pungo Virginia Beach. We can always ensure that everything is legally compliant and protects your best interests.
  • Negotiation: Our agents love to negotiate on your behalf. This will save you money and ensure the terms are favorable.
  • Peace of Mind: Last but not least we provide professional guidance and support throughout the process, giving you peace of mind when buying one of the homes for sale in Pungo Va Beach by owner.

Average Home Prices Near Pungo Blackwater VA

The housing market in Pungo Blackwater Virginia Beach has a range of home prices. As of September 2023, the median price for homes for sale Pungo is $685,000. These prices are showing a trend of increasing over the past year. This represents an increase of 10.0% compared to the previous year.

However, prices for homes in Pungo Virginia Beach can vary significantly depending on the type and size of the property, and its location, among plenty of other factors. Here is a very basic breakdown of average prices by property type:

Type of House in PungoAverage Price
Small Single Family Home (2-3 bedrooms)$597,500
Medium Single Family Home (3-4 bedrooms)$660,000
Large Single Family Home (4+ bedrooms)$697,500
Luxury Properties (High-end features, large size)$1,800,000
Undeveloped LandRanges from $147,500 – $220,000

1. Rising Home Prices

Over the last three years, median home prices in Pungo Blackwater have increased from $570,000 in 2020 to $685,000 in 2023, marking a 20% rise year over year.

2. Increased Market Competition

The Virginia Beach real estate market in full has become more competitive with 120 active home listings and 17 new homes for sale as of November 2023.

3. Larger Homes Wanted

The median listing price for large single-family homes with 4+ bedrooms reached $697,500 in October 2023. This shows a trend toward people needing or wanting larger homes.

4. Stable Land Prices

Prices for undeveloped land in Pungo have remained relatively stable. They range from $147,500 to $220,000, which suggests that there is potential for further development in the area.

Living in Pungo Blackwater VA

Living in Pungo Blackwater gives you a rural feel but is still within the convenience of nearby amenities. The area is known for its peaceful beauty, surrounded by farmlands and waterways, making it a great place to live for those who love the great outdoors, and if you are a first time home buyer in Virginia.

Pungo Community

The community in Pungo Blackwater enjoys access to beautiful public parks, local corner shops, and farmers markets around every corner. The area is also known for its beautiful plots of land, with some offering Back Bay waters and canal access to Redhead Bay in the background.

Restaurants in Pungo VA Beach

Pungo Blackwater is home to several highly-rated restaurants. One of the local favorites is The Pungo Pizza & Ice Cream. They have delicious pizza and a variety of homemade ice cream flavors. Plus Blue Pete’s Restaurant is known for its local seafood and beautiful views of the Back Bay waters out on the lawn.

Nightlife around Pungo

While Pungo Blackwater has a more relaxed, country setting, there are still opportunities for nightlife. Nearby Virginia Beach offers a variety of bars, clubs, and live music venues. Locally, the Pungo Grill and Tavern is a popular spot for its laid-back atmosphere and live music on the weekends.

Schools in Pungo Blackwater Virginia Beach VA

The Pungo residences are served by the nearby Virginia Beach Public Schools. Down below we have listed the school that your new home in Pungo would be assigned.

kids playing on the playground with a blue rope all around and the kids playing nicely together. this is at the pungo elematary school

Elementary School:

  • Creeds Elementary School: Located in the heart of Pungo is Creeds Elementary School. It provides a comprehensive education with a low student-to-teacher ratio, ensuring each child receives individualized attention

Middle School:

  • Princess Anne Middle School: has success in serving underserved students. According to GreatSchools.org, underserved students at this school are performing far better than their peers in the state, and the school is successfully closing the achievement gap.

High School:

  • Floyd E. Kellam High School: Located in the city’s southern section. It’s regarded as one of the safest high schools in the area. This could be a significant factor for parents when considering where to send their child for education, as a safe learning environment is crucial for student well-being and academic success