Home > What We Do > Where We Work > Virginia

Pleasure House Point

Pleasure House Point, a 122-acre waterfront parcel at Chesapeake Bay in Virginia Beach has been eyed by residents, conservationists, real estate developers, and local officials for years. With a mile of frontage on Pleasure House Creek and the Lynnhaven River, it had been slated for a 1,000+ unit housing development until the downturn in the real estate market placed the land under the control of Wells Fargo Bank.

Approached by several potential buyers, Wells Fargo knew the property was valuable. However, they also knew TPL's record of success and saw an opportunity to sell the property at a substantial discount and create a win-win solution-both for the bank's shareholders, and for people who live in Virginia Beach.

Although the deal is not yet finalized, all parties are looking forward to seeing the property protected as another gem for Chesapeake Bay.

You can find out more about our vision for Pleasure House Point, and how you can help, from this video:

nonprofit software