With its iconic A-frame architecture, soaring cathedral ceilings, and expansive main channel views, the home offers the perfect blend of rustic warmth and timeless waterfront appeal. Designed for comfortable entry-level living, the interior is filled with natural sunlight that pours through the dramatic wall of windows, bringing the beauty of the outdoors inside. Warm wood accents, inviting gathering spaces, and tranquil lake views create an atmosphere that feels both cozy and unforgettable -- the kind of place where generations of lake memories are made. The lower-level stamped concrete patio provides the perfect setting for quiet mornings, evening gatherings, or simply relaxing while surrounded by nature and peaceful water views. Positioned on a quiet section of the lake, the property offers the rare combination of wide-water scenery and a serene, private atmosphere. Adding tremendous value and flexibility, the property also includes an additional buildable waterfront lot next door -- ideal for creating a guest home, expanding your lakefront footprint, or preserving as a natural buffer for enhanced privacy. Lovingly maintained and full of character, this special waterfront retreat is ready to welcome its next chapter.
Sold for $480,000
$480,000
1042 Runaway Bay Rd, Lynch Station, VA 24571
2beds
2,815sqft
Single Family Residence
Built in 2002
2.86 Acres Lot
$476,800 Zestimate®
$171/sqft
$3,415 Estimated rent
Home value
$476,800
$453,000 - $501,000
$3,415/mo
Zestimate® history
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$3,346/mo
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List your homeWhat's special
Warm wood accentsIconic a-frame architectureInviting gathering spacesExpansive main channel viewsSoaring cathedral ceilingsTranquil lake viewsDramatic wall of windows
Zillow last checked:
Listing updated:
Listed by:
JADA A. TURNER 540-263-0202,
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Bought with:
PAUL KELLEY, 0225276125
REAL BROKER LLC - MCLEAN
Source: RVAR,MLS#: 927362
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: E
Bedroom 2
- Level: L
Dining area
- Level: E
Foyer
- Level: E
Great room
- Level: L
Kitchen
- Level: E
Laundry
- Level: L
Living room
- Level: E
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Appliances
- Included: Dishwasher, Gas Range, Refrigerator
Features
- Flooring: Ceramic Tile, Wood
- Doors: Fiberglass, Full View
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,815
- Total interior livable area: 2,815 sqft
- Finished area above ground: 1,605
- Finished area below ground: 1,210
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Has attached garage: Yes
- Covered spaces: 2
Features
- Patio & porch: Deck
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Waterfront, Main Channel
- Body of water: Leesville Lake
Lot
- Size: 2.86 Acres
- Features: Varied, Wooded
Details
- Parcel number: 96A180, 96A179
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
Condition
- Completed
- Year built: 2002
Utilities & green energy
- Electric: 5 Phase
- Water: Well
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: Runaway Bay
HOA
- Has HOA: Yes
- HOA fee: $550 annually
Location
- Region: Lynch Station
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $471,500
- Annual tax amount: $2,627
- Date on market: 5/8/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $480,000-1%$171/sqft |
Source:  RVAR #927362 Report a problem | ||
| 5/22/2026 | Pending sale | $485,000$172/sqft |
Source: RVAR #927362 Report a problem | ||
| 5/8/2026 | Listed for sale | $485,000+710%$172/sqft |
Source: RVAR #927362 Report a problem | ||
| 10/6/1998 | Sold | $59,880$21/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,122 | $471,500 |
| 2023 | -- | $471,500 +27.8% |
| 2022 | $1,918 | $368,900 |
| 2021 | $1,918 | -- |
| 2020 | -- | -- |
| 2019 | $1,950 | $368,900 -1.6% |
| 2018 | $1,950 | $375,000 |
| 2017 | -- | $375,000 |
| 2016 | -- | $375,000 |
| 2015 | -- | $375,000 -7.3% |
| 2014 | -- | $404,400 |
| 2013 | -- | $404,400 |
| 2012 | -- | $404,400 |
| 2011 | -- | $404,400 +9.2% |
| 2010 | -- | $370,200 |
| 2009 | -- | $370,200 |
| 2008 | -- | $370,200 |
| 2007 | -- | $370,200 +49.3% |
| 2006 | -- | $247,900 |
| 2005 | -- | $247,900 |
| 2004 | -- | $247,900 +43.3% |
| 2003 | -- | $173,000 +188.9% |
| 2002 | $341 | $59,880 |
| 2001 | $341 | $59,880 |
| 2000 | $341 | $59,880 |
Find assessor info on the county website
Neighborhood: 24571
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Nearby schools
GreatSchools rating
- 5/10Altavista Elementary SchoolGrades: PK-5Distance: 8.1 mi
- 4/10Altavista High SchoolGrades: 6-12Distance: 6.7 mi
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- Virginia
- Campbell County
- Lynch Station
- 24571
- 1042 Runaway Bay Rd
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