2946 NEW BRIDGE RD Mineral VA 23117

Marcus & Millichap has been retained by Owner on an exclusive basis to offer for sale a hotel development site (“Site”) that is a portion of a 15-acre lake-front mixed-use development (“Project”). The Project is zoned Planned Unit Development (“PUD”) that includes a 130-unit Hotel, 96-unit luxury condominium, +/- 129-slip over-water marina, and +/-10,200 SF of restaurant or retail space in a separate structure.

The luxury condominium anticipates selling prices between $850,000 and $1.9 million per unit. The condominium will include a mix of two to five-bedroom units ranging from 1,429 to 3,182 square feet. The unit mix includes 30 two-bedroom, 39 three-bedroom, 15 four-bedroom, and 12 five-bedroom units. It is anticipated that each condo owner will purchase a boat slip separately and the remaining will be available for non-owners and commercial uses.

The Project is located adjacent to Lake Anna in Mineral, Virginia along New Bridge Road (Route 208) just west of the Route 208 bridge. The Site will be a subdivided portion of the Project and delivered Fee Simple.

Lake Anna is situated in Central Virginia approximately 40 miles from Richmond and 75 miles south of Washington, DC. The lake covers more than 20 square miles and has over 225 miles of lakefront shoreline. The Lake Anna region offers a variety of recreational activities and is a popular vacation area across the Mid-Atlantic region.

Lake Anna is developed primarily with single family housing lake-front and in a variety of neighborhoods in the area. A review of currently available homes suggests that new lake-front homes are available between $1.5 and $3 million.

• The Project represents the only commercially zoned site with lake frontage providing an unequaled guest experience at Lake Anna.

• Lake Anna provides a drive-to leisure destination for the Mid-Atlantic including Metro Washington and Richmond, Virginia.

• Premium location within Lake Anna Growth Area Route 208 corridor.

• Highly visible from New Bridge Road (Route 208) just west of New Bridge Road Bridge which brings vehicle traffic from major population centers and I-95.

• Regional activities include:

  • Lake Anna State Park

  • Historic points of interest in Spotsylvania, Culpeper, Orange, and Fredericksburg, VA.

  • Several vineyards, distilleries, and micro-brewers nearby.

• Lake Anna Gateway, a 130,000+ SF town center will provide additional support amenities to guests and is located 3.5 miles from the Project (Route 208 and Route 522).

• Cutalong at Lake Anna, an 18-hole golf community, is located two miles from the Project with 800+/- home sites under development.

• Site is located 20 miles from I-95 Exit 118 Thornburg providing easy access from points north and south.