1940 Brick Cape Cod on 1.5 Acres in Hanover County — $90,000 Opening Bid

Brick cape cods from 1940 tend to be built straight and tight, and this one on Washington Highway in Ashland is 1,401 square feet on a full 1.5 acres in Hanover County. That combination of solid older construction and a lot that size at this price is the reason to pay attention.

The exterior is brick, which means you're looking at a wall system that has already lasted 85 years and requires very little from you going forward. A side porch and a fenced backyard give the property some usable outdoor shape beyond just the lot lines.

Three bedrooms, two baths inside. The agent description is thin on interior detail, and there are more photos coming, so what the rooms actually look like is still an open question. What you do know is the construction type, the footprint, and the land.

The 1.5 acres puts you in a setting with some room between you and your neighbors. Ashland is close, and Richmond is accessible from here. That's as specific as the listing gets about location, and it's enough to know you're not isolated.

The important thing to understand about pricing: $90,000 is the opening bid at auction, not a set sale price. The seller can also accept an offer before the auction happens. The property is sold as-is, which is standard for auction real estate but means no repairs, no credits, no negotiating conditions after the fact. You go in with your eyes open or you don't go in.

For the right buyer, this is a straightforward calculation. Brick construction on acreage in Hanover County at an auction opening that low is worth showing up for. Whether it stays at $90,000 is a different question entirely.