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!
Cape cod home with much rehab potential. 4 bedrooms, 2 half baths, and 1 full bath, fireplace in the living room, separate dining room, deck, enclosed porch, and screened porch -- the main level has kitchen, separate dining room, living room w/ fireplace, den, 1 bedroom and 1 full bath + 1/2 bath -- upper level has 3 bedrooms, den, and 1/2 bath on 1.94 acres.
BRIGHT MLS #VANV2000604
Apr 28, 2023
Sold
$72,200
$43/sq ft
Mar 24, 2023
Pending
—
Feb 3, 2023
Price Changed
$77,500
$46/sq ft
Jan 5, 2023
Price Changed
$85,500
$51/sq ft
Nov 7, 2022
Listed
$87,150
$52/sq ft
+9
BRIGHT MLS #VANV2000304
Nov 4, 2022
Listing Removed
—
Sep 30, 2022
Listing Removed
—
Sep 28, 2022
Price Changed
$87,150
$52/sq ft
Sep 2, 2022
Price Changed
$85,500
$51/sq ft
Aug 31, 2022
Price Changed
$90,000
$53/sq ft
Aug 29, 2022
Price Changed
$95,500
$56/sq ft
Aug 22, 2022
Price Changed
$85,500
$51/sq ft
Jun 22, 2022
Price Changed
$90,000
$53/sq ft
Jun 2, 2022
Price Changed
$99,500
$59/sq ft
Apr 6, 2022
Listed
$104,500
$62/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$506 (−21.7%)
$23,400 + $75,900
$99,300
2025
$647 (+12.1%)
$17,300 + $70,100
$87,400
2024
$577 (−12.0%)
$17,300 + $70,100
$87,400
2023
$656 (+23.0%)
$17,300 + $70,100
$87,400
2022
$533
$17,300 + $70,100
$87,400
2021
$533 (+3.4%)
$17,300 + $70,100
$87,400
2020
$516 (−8.5%)
$17,300 + $70,100
$87,400
2019
$563 (+5.4%)
$20,800 + $74,700
$95,500
2018
$535
$20,800 + $74,700
$95,500
2017
$535 (+3.8%)
$20,800 + $74,700
$95,500
2016
$515 (+10.3%)
$20,800 + $74,700
$95,500
2014
$467 (+46.3%)
$20,800 + $74,700
$95,500
2012
$319
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.94 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Northumberland County
APN
9-0-1-0-136-0
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
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 102° expected this year, 18 days in 30 years
6/10 Wind Factor
66% 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
Lottsburg, VA • 22511
Average low and high temperatures (°F)
41
28
46
33
62
43
70
53
74
60
84
70
87
74
80
68
77
65
69
54
60
45
47
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Lottsburg. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 424 Lake Rd
$221,229
$8,770 under list price of $230K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $175K to $300K.