Whether you are looking to fix and flip or create a long-term rental, this Cape Cod offers a fantastic project with 1.94 sprawling acres in the heart of the Northern Neck!
Envision a complete transformation of this three bedroom residence that features significant rehab potential for a savvy investor. The classic layout includes a spacious living room centered around a fireplace, a dining room for entertaining, and an enclosed porch alongside a screened-in porch for enjoying the serene wooded views. With two full bathrooms and an additional half bath, the footprint provides plenty of space to modernize and add value. A newer roof and vinyl siding offer a solid head start on exterior maintenance, allowing you to focus your creative energy on the interior renovations. This property is being sold as-is and likely will not meet traditional lending requirements, making it an ideal opportunity for cash or hard money investors.
Living in Lottsburg means embracing a relaxed, coastal lifestyle. This property is just minutes from the public boat ramp at Lodge Creek, offering easy access to the Yeocomico and Potomac Rivers for world-class fishing, boating, and kayaking. Enjoy fresh local seafood at nearby restaurants, explore the charm of Heathsville’s historic district, or take a short drive to the vineyards and boutiques of the surrounding counties. This location perfectly balances rural privacy with proximity to some of the best water-based recreation in Virginia.
See for yourself why this investment property is the perfect addition to your portfolio, schedule your tour today!
For sale
Price cut: $11K (4/29)
$238,950
424 Lake Rd, Lottsburg, VA 22511
3beds
1,691sqft
Single Family Residence
Built in 1950
1.94 Acres Lot
$228,200 Zestimate®
$141/sqft
$-- HOA
What's special
Enclosed porchVinyl sidingThree bedroom residenceDining room for entertainingNewer roof
- 96 days |
- 173 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Andrea Johnson membership@therealbrokerage.com,
Real Broker LLC,
Clayton Gits 804-601-4960,
Real Broker LLC
Source: CVRMLS,MLS#: 2605539
Originating MLS: Central Virginia Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Other
- Description: Tub & Shower
- Level: First
Other
- Description: Shower
- Level: Second
Half bath
- Level: First
Heating
- Electric, Forced Air, Oil
Cooling
- None
Appliances
- Included: Dishwasher
- Laundry: Washer Hookup
Features
- Bookcases, Built-in Features, Dining Area, Laminate Counters
- Flooring: Carpet, Ceramic Tile, Laminate, Wood
- Has basement: No
- Attic: None
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,691 sqft
- Finished area above ground: 1,691
- Finished area below ground: 0
Property
Parking
- Parking features: Carport, Driveway, No Garage, Off Street, Unpaved
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Deck, Screened, Porch
- Exterior features: Porch, Unpaved Driveway
- Pool features: None
- Fencing: None
Lot
- Size: 1.94 Acres
Details
- Parcel number: 90101360
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Two Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding, Wood Siding
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Lottsburg
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $87,400
- Annual tax amount: $646
- Date on market: 3/8/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Estimated market value
$228,200
$217,000 - $240,000
$2,136/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $238,950-4.4%$141/sqft |
Source: | ||
| 3/9/2026 | Listed for sale | $249,950+246.2%$148/sqft |
Source: | ||
| 4/28/2023 | Sold | $72,200-6.8%$43/sqft |
Source: | ||
| 3/24/2023 | Pending sale | $77,500$46/sqft |
Source: Northern Neck AOR #113003 Report a problem | ||
| 2/3/2023 | Price change | $77,500-9.4%$46/sqft |
Source: Northern Neck AOR #113003 Report a problem | ||
| 1/5/2023 | Price change | $85,500-1.9%$51/sqft |
Source: Northern Neck AOR #113003 Report a problem | ||
| 11/7/2022 | Listed for sale | $87,150$52/sqft |
Source: Northern Neck AOR #113003 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $647 +12.1% | $87,400 |
| 2024 | $577 +8.2% | $87,400 |
| 2023 | $533 | $87,400 |
| 2022 | $533 | $87,400 |
| 2021 | $533 +3.4% | $87,400 |
| 2020 | $516 -8.5% | $87,400 -8.5% |
| 2019 | $563 | $95,500 |
| 2018 | -- | $95,500 |
| 2017 | -- | $95,500 |
| 2016 | -- | $95,500 |
| 2015 | -- | $95,500 |
| 2014 | -- | $95,500 +23.1% |
| 2013 | -- | $77,600 +2.1% |
| 2012 | -- | $76,000 |
| 2011 | -- | $76,000 |
| 2010 | -- | $76,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 22511
Nearby schools
GreatSchools rating
- 5/10Northumberland Elementary SchoolGrades: PK-5Distance: 5.5 mi
- 4/10Northumberland Middle SchoolGrades: 6-8Distance: 5.3 mi
- 6/10Northumberland High SchoolGrades: 9-12Distance: 5.3 mi
Schools provided by the listing agent
- Elementary: Northumberland
- Middle: Northumberland
- High: Northumberland
Source: CVRMLS. 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.
A local lender can help you make sure your offer is ready when you are.
- Virginia
- Northumberland County
- Lottsburg
- 22511
- 424 Lake Rd






