Waterfront Acreage in a Serene and Private Community Along Lancaster Creek and only minutes to the Rappahannock River with access to the Chesapeake Bay. With Less than 2 hours to Northern VA You can have a retreat to enjoy peace and quiet in a wooded setting. The Edgewater Community Owners have acreage parcels along Lancaster Creek which creates extreme privacy. Downtown Kilmarnock is minutes away and offers shopping, restaurants and a community park with venues such as various music groups. Belle Isle State Park is also close by. Horses and other farm animals are welcomed! The property consists of 2 parcels. The 5 acre waterfront parcel is scenic and lovely with a nice mix of aged Hardwoods, Pines and Holly.There is a gentle slope to the land with the homesite on a higher bluff feel along the creek for amazing and peaceful views. The winding marshes, wildlife and birds are your neighbors across the expansive creek! In addition the 2.67 acre parcel is cleared and ready for your horse! Come and Experience the potential of waterfront peaceful living.
Property Details
Property Features
Listing Office:
Office Name: ERA Real Estate Professionals
Office Phone: (757) 240-4070
Listing Agent: Laura Pierce
Interior Features
Interior Information:
Basement: No
Exterior Features
Exterior Information:
Waterfront: Creek, River Front, Waterfront
View: Water
Lot Features
Lot Information:
Lot: Cleared, Unimproved Land, Waterfront
Lot Size: 7.61 Acres
Other
Directions Information:
Directions: Rt.622 Morattico Rd to Right on Shore Drive,Right on Russell, Left on Edgewater to Right on Paddock.Left at T
Price Information
Listing Price Info
Price Summary:
List Price: $84,500
HOA Fees:
Amount: $300
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lancaster, VA.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$514
Per Month
Principal & Interest
$422
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$25
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$320
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Lancaster Primary School
36 Primary School Cir
Distance between this listing and this school10.29 miles
Public District Grades PK-3
6
/10
Northumberland Elementary School
757 Academic Ln
Distance between this listing and this school10.45 miles
Public District Grades PK-5
4
/10
Middlesex Elementary School
823 Philpot Rd
Distance between this listing and this school16.08 miles
Public District Grades PK-5
Nearby Schools
4
/10
Northumberland Middle School
175 Academic Ln
Distance between this listing and this school10.83 miles
Public District Grades 6-8
5
/10
Richmond County Elementary School
361 Walnut St
Distance between this listing and this school12.57 miles
Public District Grades PK-7
3
/10
Lancaster Middle School
191 School St
Distance between this listing and this school13.12 miles
Public District Grades 4-8
Nearby Schools
6
/10
Lancaster High School
8815 Mary Ball Rd
Distance between this listing and this school7.84 miles
Public District Grades 9-12
4
/10
Northumberland High School
201 Academic Ln
Distance between this listing and this school10.78 miles
Public District Grades 9-12
5
/10
Rappahannock High School
6914 Richmond Rd
Distance between this listing and this school12.70 miles
The neighbors living near this home have an average income of $55,500. Most Lancaster, VA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT4 Paddock Dr
What is the listing price of this property?
The listing price of LOT4 Paddock Dr property is $84,500.
What type of property is this?
The property LOT4 Paddock Dr is land located in Lancaster, Virginia, 22503.
Is this property for sale now?
Active Listing: LOT4 Paddock Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT4 Paddock Dr in Lancaster, VA and zip code 22503. This home sits on a 7.61 acre lot. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $84,500.
In October 2024, from all listings sold in Lancaster, VA there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Lancaster, VA increased by 33.3% between September 2024 and October 2024. Listings spent 34 days on the market in October 2024, and had a median list price of $500,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.