* * * Incredible investment opportunity. * * * Opportunity knocks at 5601 Golden Wheel Rd, Providence Forge. This high-potential property is priced to sell, offering an unbeatable investment opportunity in a strategic location between Richmond and Williamsburg. Nestled on a generous 1-acre square lot, there is tremendous value in land, making it a prime choice for investors or buyers looking for a project. Located just 25 minutes from Richmond and Williamsburg and only 5 minutes from I-64 East/West, this is a prime spot for those seeking country living with easy access to major routes. The home has operational well water and only needs a septic system. This property is being sold as-is, ready for the right vision to unlock its full potential. Whether you’re looking to renovate or hold as an investment, this is a rare chance to capitalize on a fantastic price point in a growing area - New Kent. Schedule your showing today and bring your creativity! Don't miss out, this one won't last.
Single-familyProperty Type
1968Year Built
1 acresLot Size
$343Est. Price/Sq.Ft.
1 spaceParking
Listed by Dennis Giang• Long & Foster Real Estate, Inc.
Welcome to your slice of tranquility nestled in the heart of New Kent County! Priced under $50k, you will be hard-pressed to find a better deal in this market! Sitting on an acre, this property offers the perfect canvas for your dream home, whether you shape the existing cottage into your ideal escape from the city or start fresh with a brand-new build. Just five minutes from the highway and ten from New Kent's wineries, you can enjoy the serenity of rural living while being just a short drive away from all the amenities Richmond offers.
Public Records
Aug 9, 2002
Sold
$14,000
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$547 (+1.7%)
$67,600 + $23,600
$91,200
2024
$538 (−1.3%)
$67,600 + $23,600
$91,200
2023
$545
$67,600 + $23,600
$91,200
2022
$545 (+7.2%)
$59,600 + $21,800
$81,400
2021
$509 (+6.2%)
$59,600 + $21,800
$81,400
2018
$479 (+7.0%)
$39,900 + $18,500
$58,400
2017
$447
$39,900 + $14,000
$53,900
2016
$447 (+0.2%)
$39,900 + $14,000
$53,900
2015
$446
$39,900 + $14,000
$53,900
2014
$446
$37,300 + $15,900
$53,200
Tax history for 5601 Golden Wheel Rd
Year
Property tax
Land + Additions
Assessment*
2025
$547 (+1.7%)
$67,600 + $23,600
$91,200
2024
$538 (−1.3%)
$67,600 + $23,600
$91,200
2023
$545
$67,600 + $23,600
$91,200
2022
$545 (+7.2%)
$59,600 + $21,800
$81,400
2021
$509 (+6.2%)
$59,600 + $21,800
$81,400
2018
$479 (+7.0%)
$39,900 + $18,500
$58,400
2017
$447
$39,900 + $14,000
$53,900
2016
$447 (+0.2%)
$39,900 + $14,000
$53,900
2015
$446
$39,900 + $14,000
$53,900
2014
$446
$37,300 + $15,900
$53,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Sq. Ft.
480
Year built
1968
Style
Single Family Residential
County
New Kent County
APN
31 51D
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Property details
Parking
Garage/Carport Information
Has Carport
Parking
Features: Carport, Driveway, Off Street, Unpaved
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
Room Information
# of Rooms (Total): 4
Room 1 Information
Bedroom 2
Level: First
Room 2 Information
Bedroom 1
Level: First
Room 3 Information
Living Room
Level: First
Room 4 Information
Kitchen
Level: First
Laundry Information
Features: Washer Hookup
Equipment
Appliances: Electric Water Heater, Refrigerator
Interior Features
Flooring: Wood
Exterior
Building Information
Stories: 1
Stories (Total): 1
Year Built Details: Approximate
Roof Details: Asphalt, Shingle
Construction Details: Aluminum Siding, Drywall, Frame
Exterior Features
Exterior Features: Deck, Unpaved Driveway
Patio And Porch Features: Deck
Lot Information
Lot Size Area: 1
Lot Size Acres: 1
Lot Size Dimensions: 210' x 210'
Zoning Description: A1
Property Information
Below Grade Finished Area Source: Owner
Above Grade Finished Area Source: Owner
Financial
Assessments and Fees
Assessed Value: $91,200
Tax Information
Annual Tax Amount: $538
Tax Year: 2024
Utilities
Utility Information
Water Source: Well
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
No Heating
Heating: Radiant
Public facts
Beds: 2
Baths: —
Sq. Ft.: 480
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: —
County: New Kent County
APN: 31 51D
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
George W. Watkins Elementary School
Public PreK-5 • Assigned • 3.5mi
9/10
New Kent Middle School
Public 6-8 • Assigned • 6.8mi
8/10
New Kent High School
Public 9-12 • Assigned • 6.9mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
6/10 Wind Factor
39% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Providence Forge, VA • 23140
Average low and high temperatures (°F)
45
26
50
31
66
43
74
51
77
57
87
67
89
72
82
65
78
61
71
49
63
41
50
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$157,000 – $190,000
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