Buyer's financing fell through, giving someone else a second shot at one of the best values on the private side of Lake Anna. If you missed it the first time, don't assume it'll still be here tomorrow. Welcome to an incredible opportunity in Covenant Coves where you can own true deeded waterfront without paying the price of a waterfront home. This property includes a deeded waterfront outparcel just 0.6 miles away, complete with shared dock access, private lake access, and the ability to build your own boathouse. From the home, you'll even enjoy views of your waterfront property. Built by Danaf Homes, The Madison is nearing completion and offers over 3,000 square feet of beautifully upgraded living space with 4 bedrooms, 3 full baths, and a spacious loft designed for the way people live today. Luxury vinyl plank flooring runs throughout the main level and bedrooms. The inviting family room centers around a propane fireplace with a designer slate surround, creating the perfect place to unwind after a day on the lake. The kitchen was built to impress with quartz countertops, an oversized island, farmhouse sink, upgraded stainless steel appliances, crisp white cabinetry, and matte black finishes. The dining area opens to the backyard, making entertaining effortless. The primary suite feels like its own retreat with a spa-inspired bath featuring a tiled shower, soaking tub, dual quartz vanity, and generous space to recharge. A main-level bedroom and full bath offer flexibility for guests, multi-generational living, or the perfect home office. Upstairs you'll find two additional bedrooms, another upgraded full bath, and a versatile loft ready for movie nights, game days, or extra living space. Let's clear up the biggest question. The home itself is not waterfront.( However, is waterview!) The deeded outparcel is. That means you own 40 feet of waterfront property with lake access, water views from the home, and the ability to build a private boathouse, all while avoiding the premium price tag of a home sitting directly on the shoreline. The out parcel is less than 3 blocks from the house! Homes offering true deeded waterfront ownership at this price point are exceptionally hard to find at Lake Anna. The last buyer lost it because financing fell apart. Their loss is your opportunity, but opportunities like this rarely come around twice.
New construction
Price cut: $20K (5/5)
$659,990
172 Covenant Way, Bumpass, VA 23024
4beds
3,114sqft
Single Family Residence
Built in 2026
0.92 Acres Lot
$660,200 Zestimate®
$212/sqft
$51/mo HOA
What's special
- 161 days |
- 161 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Madison Atkins 540-748-5050,
Lake Anna Island Realty, Inc.,
Co-Listing Agent: Stacie L Chandler 540-219-1882,
Lake Anna Island Realty, Inc.
Source: Bright MLS,MLS#: VALA2009180
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Loft
Primary bedroom
- Level: Upper
- Area: 288 Square Feet
- Dimensions: 18 X 16
Bedroom 2
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 12 X 14
Bedroom 3
- Level: Upper
- Area: 192 Square Feet
- Dimensions: 12 X 16
Bedroom 4
- Features: Flooring - Luxury Vinyl Plank
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 X 11
Breakfast room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 X 11
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 X 10
Family room
- Level: Main
- Area: 340 Square Feet
- Dimensions: 17 X 20
Kitchen
- Features: Flooring - Luxury Vinyl Plank, Kitchen Island
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12 X 15
Living room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 X 10
Loft
- Level: Upper
- Area: 304 Square Feet
- Dimensions: 16 X 19
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Oven, Electric Water Heater
Features
- Attic, Soaking Tub, Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Formal/Separate Dining Room, Kitchen Island, Primary Bath(s), Walk-In Closet(s), 9'+ Ceilings, Dry Wall, Vaulted Ceiling(s)
- Flooring: Luxury Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
Interior area
- Total structure area: 3,114
- Total interior livable area: 3,114 sqft
- Finished area above ground: 3,114
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Garage Door Opener, Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch, Roof
- Pool features: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Boat/Launch Ramp - Public, Out-Parcel, Rip-Rap, Private Dock Site, Shared, Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Swimming Allowed, Waterski/Wakeboard, Lake
- Body of water: Lake Anna
- Frontage length: Water Frontage Ft: 40
Lot
- Size: 0.92 Acres
Details
- Additional structures: Above Grade
- Parcel number: 47A 3 10
- Zoning: RR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: Yes
- Year built: 2026
Details
- Builder model: The Madison
- Builder name: Danaf Homes LLc
Utilities & green energy
- Sewer: On Site Septic
- Water: Well
Community & HOA
Community
- Subdivision: Covenant Cove
HOA
- Has HOA: Yes
- Amenities included: Boat Dock/Slip, Boat Ramp, Common Grounds, Lake, Picnic Area, Pier/Dock, Water/Lake Privileges
- Services included: Common Area Maintenance, Pier/Dock Maintenance
- HOA fee: $610 annually
- HOA name: COVENANT COVE PROPERTY OWNERS ASSOCIATION
Location
- Region: Bumpass
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $79,800
- Annual tax amount: $575
- Date on market: 1/22/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$660,200
$627,000 - $693,000
$3,432/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $659,990$212/sqft |
Source:  Bright MLS #VALA2009180 Report a problem | ||
| 6/1/2026 | Pending sale | $659,990$212/sqft |
Source: Bright MLS #VALA2009180 Report a problem | ||
| 5/5/2026 | Price change | $659,990-2.9%$212/sqft |
Source: Bright MLS #VALA2009180 Report a problem | ||
| 3/24/2026 | Price change | $679,990-1.4%$218/sqft |
Source: Bright MLS #VALA2009180 Report a problem | ||
| 1/23/2026 | Listed for sale | $689,990$222/sqft |
Source: Bright MLS #VALA2009180 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 23024
Nearby schools
GreatSchools rating
- 9/10Jouett Elementary SchoolGrades: PK-5Distance: 9.8 mi
- 7/10Louisa County Middle SchoolGrades: 6-8Distance: 10.3 mi
- 6/10Louisa County High SchoolGrades: 9-12Distance: 10 mi
Schools provided by the listing agent
- Elementary: Jouett
- Middle: Louisa County
- High: Louisa County
- District: Louisa County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Louisa County
- Bumpass
- 23024
- 172 Covenant Way
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