Uniquely situated close to the water s edge with stunning views! Landscaped, private lot. 1st floor has living room with fireplace, dining room, large kitchen, guest room with full bath, large owners suite with attached bath and a sunroom with huge views! Lower level has a family room with fireplace, guest suite with attached bath, screened patio and Unfinished workshop and large bonus room!
Single-familyProperty Type
1960Year Built
0.92 acresLot Size
$276Est. Price/Sq.Ft.
Listed by Lisa Shultz• Long & Foster Real Estate, Inc.
•804-360-3636 (broker)
Bought with Non Member Member• Metropolitan Regional Information Systems, Inc.
Come fall in love with this classic river cottage on Myer Creek! The home is uniquely situated close to the water’s edge while having a nice elevation. This creates stunning views from the main level where no land is visible between you and the water! The private lot is naturally landscaped. The first floor features a large living room with fireplace, a dining room, a large kitchen, guest bedroom, full guest bath, large owner’s suite with attached bath, and a sunroom with huge views! A covered patio with ceiling fan is the perfect place for picking crabs and is located just outside the kitchen. The lower level has a family room with fireplace, guest suite with attached bath, laundry room and screened patio. An unfinished workshop and large bonus room complete the bottom level. The large bonus room is heated and cooled and has exterior access. This is a great place for storing your river toys as well or for a rec room! The dock as good water depth. It is an easy trip to the Rapphannock River and Chesapeake Bay from the house.
BRIGHT MLS #1003265415
Feb 28, 2018
Listing Removed
—
Sep 4, 2017
Listed
$489,000
$207/sq ft
BRIGHT MLS #1007244358
Jun 8, 2017
Listing Removed
—
Jul 22, 2016
Listed
$498,000
$211/sq ft
BRIGHT MLS #1007218062
Jun 8, 2016
Listing Removed
—
Mar 9, 2016
Listed
$498,000
$211/sq ft
BRIGHT MLS #1007188486
Nov 26, 2015
Listing Removed
—
Sep 9, 2015
Listed
$498,000
$211/sq ft
BRIGHT MLS #1007142124
Jul 17, 2015
Listing Removed
—
Mar 11, 2015
Listed
$515,000
$218/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,294
$190,000 + $227,000
$417,000
2024
$2,294 (−11.0%)
$190,000 + $227,000
$417,000
2023
$2,577
$225,000 + $184,000
$409,000
2022
$2,577
$225,000 + $184,000
$409,000
2021
$2,577
$225,000 + $184,000
$409,000
2020
$2,577
$225,000 + $184,000
$409,000
2019
$2,577 (+11.1%)
$225,000 + $184,000
$409,000
2018
$2,320
$229,000 + $164,200
$393,200
2017
$2,320 (+9.3%)
$229,000 + $164,200
$393,200
2016
$2,123
$229,000 + $164,200
$393,200
2014
$2,123 (+5.1%)
$229,000 + $164,200
$393,200
2012
$2,020
$229,000 + $164,200
$393,200
Tax history for 501 Cove Colony Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,294
$190,000 + $227,000
$417,000
2024
$2,294 (−11.0%)
$190,000 + $227,000
$417,000
2023
$2,577
$225,000 + $184,000
$409,000
2022
$2,577
$225,000 + $184,000
$409,000
2021
$2,577
$225,000 + $184,000
$409,000
2020
$2,577
$225,000 + $184,000
$409,000
2019
$2,577 (+11.1%)
$225,000 + $184,000
$409,000
2018
$2,320
$229,000 + $164,200
$393,200
2017
$2,320 (+9.3%)
$229,000 + $164,200
$393,200
2016
$2,123
$229,000 + $164,200
$393,200
2014
$2,123 (+5.1%)
$229,000 + $164,200
$393,200
2012
$2,020
$229,000 + $164,200
$393,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.92 Acres
Year renovated
1979
Sq. Ft.
1,891
Year built
1960
Style
Single Family Residential
County
Lancaster County
APN
26H 3 1
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
Property details
Parking
Parking Information
Other
Interior
Virtual Tour
Bedroom Information
# of Bedrooms On Main Level: 2
# of Bedrooms On 1st Lower Level: 1
Bathroom Information
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full) On 1st Lower Level: 1
# of Bathrooms (Full): 3
Interior Information
Interior Features: Dining Area
Living Area Sq.Ft. Source: Estimated
Room Information
Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Study, Sun/Florida Room, Utility Room
Fireplace Information
Has Fireplace
# of Fireplaces: 2
Basement Information
Basement: Yes
Walkout Level
Exterior
Property Information
Total Below Grade Sq. Ft.: 625
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Construction Materials: Composition, Frame, Wood Siding
Other Structures: Above Grade, Below Grade
Roof: Composite
Structure Type: Detached
Lot Information
Navigable Water
Has Water View
Water Frontage In Feet: 219
Dock Information
# of Docks: 1
Dock/Slip Conveys: No
Above Grade Information
Finished Sq.Ft.: 1,734
Finished Sq.Ft. Source: Estimated
Below Grade Information
Finished Sq.Ft.: 625
Finished Sq.Ft. Source: Estimated
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Electric Air Filter, Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Septic Exists
Water Source: Community, Well
Location
School Information
School District Name: LANCASTER COUNTY PUBLIC SCHOOLS
Location Information
Directions: From Kilmarnock, take VA-3W, turn left onto VA-201S, turn left onto VA-354S, turn left onto Rt 625, turn left onto Rt 668, continue onto Rt 688, turn left onto Rt 760. Property on left.
Location Type: Creek
Mean Low Water Feet: 0
Has View
Waterfrontage Information
Distance To Body Of Water: Less than 1 Block
Water Access
Private Dock Site
On Waterfront
Water Oriented
Water Body Type: Creek
Water Body Name: MYER CREEK
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,891
Stories: 1.0
Lot Size: 0.92 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1979
County: Lancaster County
APN: 26H 3 1
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Lancaster Elementary School
Public K-7 • Assigned • 6.2mi
3/10
Lancaster High School
Public 8-12 • Assigned • 5.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
7/10 Wind Factor
76% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lancaster, VA • 22503
Average low and high temperatures (°F)
43
27
47
31
63
42
72
51
76
59
86
68
88
73
81
66
78
64
70
52
61
43
48
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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.