This home's estimate is 40.5% higher than the average sale price ($421K) of 6 comparable homes.
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498 Cow Shed Rd, Lancaster, VA 22503
About this home
Great value for one who wants to fix up and restore. High elevation lot on point with panoramic water views and waterfront on the Corrotoman River near Yankke Point Marina. Home being sold "as is" only. Needs lots of attention but the land itself is a great value-assessed at $358,800. Out of flood plain too.
Redfin Estimate
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Market trends in 22503, VA
Last updated August 2026
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Sale history for 498 Cow Shed Rd
$116/sq ft
$133/sq ft
$144/sq ft
Tax history for 498 Cow Shed Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Bathroom Information
- # of Full Bathrooms: 1
- # of Half Bathrooms: 1
- Room Information
- # of Rooms (Total): 7
- Has Basement
- Basement Information: Full, Unfinished
- Room 1 Information
- Half Bath
- Level: First
- Room 2 Information
- Full Bath
- Description: Shower
- Level: First
- Room 3 Information
- Level: First
- Length: 0.0
- Width: 0.0
- Room 4 Information
- Living Room
- Description: hardwood floors
- Level: First
- Length: 0.0
- Width: 0.0
- Room 5 Information
- Laundry
- Level: First
- Length: 0.0
- Width: 0.0
- Room 6 Information
- Kitchen
- Description: 1
- Level: First
- Length: 0.0
- Width: 0.0
- Room 7 Information
- Florida Room
- Level: First
- Length: 0.0
- Width: 0.0
- Room 8 Information
- Bedroom 2
- Level: Second
- Length: 0.0
- Width: 0.0
- Room 9 Information
- Dining Room
- Level: First
- Length: 0.0
- Width: 0.0
- Room 10 Information
- Bedroom 3
- Level: Second
- Length: 0.0
- Width: 0.0
- Interior Features
- Flooring: Vinyl, Wood
Exterior
- Building Information
- Stories: 2
- Stories (Total): 2
- Year Built Details: Approximate
- Roof Details: Composition
- Construction Details: Block, Frame, Vinyl Siding
- Exterior Features
- Exterior Features: Storage, Shed
- Lot Information
- Lot Size Area: 1.23
- Lot Size Acres: 1.23
- Lot Features: Dead End, Water Front
- Is Waterfront
- Waterfront Features: Beach Access, River Front, River Access, Walk to Water, Waterfront
- Frontage Length: 450
- Frontage Length Remarks: 450.0000
- Property Information
- Has View
- Resale
Financial
- Assessments and Fees
- Assessed Value: $528,900
- Tax Information
- Annual Tax Amount: $2,115
- Tax Year: 2010
Utilities
- Utility Information
- Sewer: Community/Coop Sewer
- Water Source: Community/Coop, Shared Well
- Heating & Cooling
- Has Cooling
- Cooling: Heat Pump
- Has Heating
- Heating: Electric, Heat Pump
Public facts
- Beds: 4
- Baths: 1.5
- Sq. Ft.: 1,792
- Stories: 1.5
- Lot Size: 1.23 acres
- Style: Single Family Residential
- Year Built: 1952
- Year Renovated: 1975
- County: Lancaster County
- APN: 26C 1 11
Around this home
Schools
Public K-7 • Assigned • 6.0mi
Public 8-12 • Assigned • 6.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 105° expected this year, 17 days in 30 years
80% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 9.6 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 22503
Home values near 498 Cow Shed Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1763 Sq. Ft. | $675,986 |
3 Beds | 1 Baths | 768 Sq. Ft. | $196,288 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2.5 Baths | 1724 Sq. Ft. | $749,502 |
2 Beds | 2 Baths | 1792 Sq. Ft. | $324,359 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1076 Sq. Ft. | $286,343 |
3 Beds | 2 Baths | 2280 Sq. Ft. | $448,771 |
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