NEWPORT NEWS – The City of Newport News continues selling off parcels of what was at one time going to be a reservoir in King William County. On September 13, the city council voted to sell three more parcels for a total of $167,157.
The first parcel was 5.784 acres, but is landlocked and can’t be developed because of its terrain. An adjacent landowner bought the property for the appraised value of $8,000.
The two remaining parcels, also next to each other, were 65.5 acres and also are being sold to an adjacent property owner. It, too, has been deemed undevelopable, because of steep terrain, an irregular shape, and poor access. The owner paid the full appraisal value of $159,157, which included a small amount of pine timber.
In June, about 240 acres (ten parcels) were sold for almost $400,000.
The land in King William was part of 792 acres and 37 parcels purchased with the intent of Newport News Waterworks developing a reservoir. However, that project fell through in 2009, and the land was designated as surplus.