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For sale
  • Price cut: $9K (7/9)
    $229,999

    424 Lake Rd, Lottsburg, VA 22511

    3beds
    1,691sqft
    : 
    $1,412/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    1.94 Acres Lot
    $218,700 Zestimate®
    $136/sqft
    $-- HOA

    What's special

    Enclosed porchVinyl sidingThree bedroom residenceDining room for entertainingNewer roof
    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!
    142 days
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    234
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Johnson membership@therealbrokerage.com,

    Real Broker LLC 855-450-0442,

    Clayton Gits 804-833-9298,

    Real Broker LLC

    Source: CVRMLS,MLS#: 2605539MLS LogoOriginating MLS: Central Virginia Regional MLS

      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: $136/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

        $218,700

        $208,000 - $230,000

        $2,279/mo

        Price history

        DateEventPrice
        7/9/2026Price change$229,999-3.7%$136/sqft
        Source: CVRMLS #2605539 Report a problem
        4/29/2026Price change$238,950-4.4%$141/sqft
        Source: CVRMLS #2605539 Report a problem
        3/9/2026Listed for sale$249,950+246.2%$148/sqft
        Source: CVRMLS #2605539 Report a problem
        4/28/2023Sold$72,200-6.8%$43/sqft
        Source: Bright MLS #VANV2000604 Report a problem
        3/24/2023Pending sale$77,500$46/sqft
        Source: Northern Neck AOR #113003 Report a problem
        2/3/2023Price change$77,500-9.4%$46/sqft
        Source: Northern Neck AOR #113003 Report a problem
        1/5/2023Price change$85,500-1.9%$51/sqft
        Source: Northern Neck AOR #113003 Report a problem
        11/7/2022Listed for sale$87,150$52/sqft
        Source: Northern Neck AOR #113003 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        5 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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