Recreational & Residential Land for Sale in King and Queen Court House, Virginia

Gresham Tract (YK2162) - Key Land & Tax Summary The Gresham Tract encompasses approximately 219 acres within the Dragon Run watershed and benefits from direct road frontage along Bunker Hill Road on its eastern boundary, providing clear and reliable access into the property. The tract is further defined by its relationship to the Dragon Run system, with a portion of the watershed extending along its northern boundary, reinforcing both its ecological context and natural landscape continuity. Protected under a conservation easement held by The Nature Conservancy, the property is permanently maintained as a working forest-preserving its ecological integrity while supporting sustainable timber management. The tract is defined by its scale and continuity, contributing to one of the largest unfragmented forest systems in the lower Chesapeake Bay region. Its timber base supports ongoing forest management practices, while its position within the Dragon Run and Mattaponi River corridor reinforces both habitat value and long-term environmental significance. As part of this broader conservation landscape, the property benefits from structural protections that prioritize land continuity and ecological function. Per paragraph 2.1 Subdivision and paragraph 2.2 Building Envelopes, these properties can be managed for limited residential use, designed to minimize impact on the surrounding forest. The tract's size and internal access also support a range of recreational uses, including hunting and passive land enjoyment, without compromising its primary function as managed timberland. The Gresham Tract is best understood as a scaled, institutionally aligned landholding-where conservation objectives and biological productivity converge within a protected and increasingly scarce forest system. Property boundaries are estimated based on available data and are not warranted. Property owner to provide title research for Buyer prior to closing. Location & Identity Name: Gresham Tract Legal Description: Gresham Tarct #2162 Parcel ID: 24-52L-72 County: King and Queen County, VA Coordinates: 37.7079, -76.9167 Acreage & Size Total Acres: 219 acres (note: marketed 219 acres-needs reconciliation) Assessment and Taxes Assessed Value (2025): $843,200 Land Value: $843,200 (no improvement value) Tax Amount: $4,384.64 annually