Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fawn Lake Waterfront Building Lot Title is generated by Realmo AI

    10821 PINNACLE DR, Spotsylvania, VA 22551

    View on Map
    Claim this Listing
    For Sale
    $1,199,000

    Lots/Land/Farm - SPOTSYLVANIA, VA

    Type:Farm
    Lot size:
    1.41 Acres
    Added:
    Mar 17, 2026
    Days on Market:
    63
    Last Refresh:
    May 18 at 11:06 pm

    Property Features for 10821 PINNACLE DR

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Lot size
    1.41 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7087
    Expense value
    3505
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kathleen G Hayden

    Listing agent Kathleen G Hayden

    Listing office Fredericksburg 1910 William Street, VA

    Listing date Mar 17, 2026

    MLS# VASP2040048 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Spectacular 180‑degree views of Fawn Lake with 381 feet of shoreline.
    • Lakefront lot on the main lake with no‑wake cove frontage, ideal for a boat dock.
    • One of the last remaining lakefront building lots in Fawn Lake.
    • Located on a private and peaceful 1.4‑acre lot in a quiet cul‑de‑sac.
    • Access to Fawn Lake community amenities including an Arnold Palmer‑designed golf course, tennis, pickleball, fitness center, and outdoor pool.
    • Miles of walking trails and a marina within the Fawn Lake community.

    Overview

    This 1.41-acre lot offers a private and peaceful setting with spectacular 180-degree views of Fawn Lake. Featuring 381 feet of shoreline, the property includes frontage on the main lake, providing broad lake views, as well as no-wake cove frontage suitable for a boat dock. Situated on a quiet cul-de-sac within the Haven Pointe Estate section of the community, this lot is one of the last remaining lakefront building lots in Fawn Lake. Community amenities include an Arnold Palmer-designed golf course, tennis and pickle ball courts, a fitness center, an outdoor pool, miles of walking trails, a marina, and various clubs. Located in SPOTSYLVANIA, VA 22551, this property offers the opportunity to build a custom lake house.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Hotel & Motel Grocery & Convenience Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spotsylvania
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.7222333
    Latitude
    38.264375

    Nearby Similar for Sale

    • $1,450,000

      Prime Commercial Property in SPOTSYLVANIA

      Well-located commercial property with strong visibility and established business environment.
      10411 COURTHOUSE Road, SPOTSYLVANIA, VA 22553
      View Details
    • $940,000
      5,076 SF

      Waterfront Estate Awaiting Restoration

      14-acre waterfront estate with extensive renovations, pond frontage.
      7905 E ROBERT E LEE Court, SPOTSYLVANIA, VA 22551
      View Details
    • $1,275,000

      Lake Anna Waterfront Farm

      30-acre farm with lake frontage and charming home.
      6000 HALEYS MILL RD, SPOTSYLVANIA, VA 22551
      View Details
    • $164,900

      5-Acre Homesite in River Will

      Wooded 5-acre lot in private community near Route 3.
      7531 SCOTTS FARM RD, SPOTSYLVANIA, VA 22553
      View Details
    • $140,000

      Spotsylvania Wooded Land Parcel

      4.7-acre wooded parcel in Spotsylvania, perfect for custom home.
      13476 Post Oak Road, Spotsylvania, VA 22551
      View Details
    • $259,000

      Spotsylvania Land with River Access

      5.06 acre wooded lot with direct deeded access to Rapidan River.
      4 Dillard Road, Spotsylvania, VA 22407
      View Details
    • $169,900

      Waterfront Lot in Gated Community

      2.27-acre wooded lot with waterfront access and community amenities.
      SOUTHLAKE Drive lot: 26, SPOTSYLVANIA, VA 22551
      View Details
    • $169,900

      Waterfront Lot in Gated Community

      2.3-acre wooded lot with waterfront access in Spotsylvania, VA.
      23298 EAGLE ROCK Trail, SPOTSYLVANIA, VA 22551
      View Details
    • $130,000

      Spotsylvania Land Near Lake Anna

      Five-acre lot near Lake Anna with mature trees and privacy.
      6650 HOOK Court, SPOTSYLVANIA, VA 22551
      View Details
    • $155,000

      Land in Spotsylvania, Virginia

      9.24 acres near Cosner Corner, close to Fredericksburg.
      6437 HICKORY RIDGE Road, SPOTSYLVANIA, VA 22551
      View Details
    • $159,000

      Spotsylvania County Land Opportunity

      5-acre lot ideal for a dream home or hobby farm.
      10150 RAINBOW Lane, SPOTSYLVANIA, VA 22551
      View Details
    • $175,000

      7 Acres of Rural Land

      7-acre parcel in a tranquil rural setting.
      11900 POST OAK Road, SPOTSYLVANIA, VA 22551
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 1.4 acre lot with 180-degree lake views and shoreline.
    Where is this waterfront land located?
    The property is located at 10821 PINNACLE DR Spotsylvania, VA.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: Spectacular 180‑degree views of Fawn Lake with 381 feet of shoreline.; Lakefront lot on the main lake with no‑wake cove frontage, ideal for a boat dock.; One of the last remaining lakefront building lots in Fawn Lake.
    (888) 536-0216
    We can help!
    Listing Contact
    Kathleen G Hayden
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10821 PINNACLE DR, SPOTSYLVANIA, VA 22551
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!