Here’s a rare chance to secure a spacious countryside property in Powhatan, offering incredible value and flexibility through an online auction format. Located at 3354 Medway Ln, Powhatan, VA 23139, this 2-story Colonial home sits on an impressive 5.27-acre lot and is available with a starting price of $195,000. With a high bid of $195,000 or more, the total purchase including the 10% buyer premium comes to as little as $214,500—making this 5.27-acre property a standout opportunity for both homebuyers and investors.
Set on 5.27 acres of scenic land, this property offers a peaceful setting with views overlooking a pond and a neighboring horse farm. The expansive acreage provides room to create your ideal lifestyle, whether that includes outdoor entertaining, gardening, or simply enjoying the privacy that comes with owning over 5 acres in Powhatan, VA. Properties with 5.27 acres at this price point are increasingly hard to find, especially with this level of space and potential.
The home itself offers 2,476 square feet of living space, featuring 4 bedrooms and 3.5 bathrooms. The layout is both functional and spacious, starting on the main level with a living room, dining room, and a comfortable family room with a fireplace. The eat-in kitchen provides a central gathering space, with plenty of opportunity for updates to match your personal style. With 5.27 acres surrounding you, even everyday moments feel more open and relaxed.
Upstairs, the primary bedroom includes an en-suite bathroom, while three additional bedrooms and a full hall bath provide space for family, guests, or flexible use. The size of this 5.27-acre property makes it ideal for those who need room to grow, both inside and out.
The finished basement adds even more versatility, featuring a bonus room that could serve as a recreation room, guest suite, or home office, along with a full bathroom, utility space, and a 1-car garage. Combined with the 2,476 square feet above ground, this home offers multiple living areas that can be adapted to suit your needs—all set within the privacy of 5.27 acres in Powhatan, VA.
Beyond the home, the property includes additional structures such as a pole barn and a shed, enhancing its value and usability. Whether you’re interested in hobbies, storage, or small-scale farming, the 5.27-acre lot provides the space and infrastructure to make it happen.
Location is another key advantage. This 5.27-acre property is just 10 minutes from major routes including Interstate 288 and Route 711, offering convenient access while maintaining a quiet rural setting. Despite the peaceful surroundings, you’re still within reach of nearby amenities and commuting routes.
It’s worth noting that homes in the Powhatan, VA area typically sell in the $525,000 to $675,000 range, making this $195,000 starting price for a 5.27-acre property an exceptional opportunity. Whether you’re looking to renovate and customize or invest in a high-potential asset, this property offers significant upside.
The auction process includes scheduled open houses for viewing, followed by online bidding. This format allows buyers to determine the final value, making this 5.27-acre property both exciting and accessible.
For $195,000, this 5.27-acre Colonial in Powhatan, VA represents a unique chance to own substantial land, a large home, and valuable additional structures—all in one package. Opportunities like this don’t come around often, especially with acreage, location, and pricing aligned like this.
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