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    289 Waterway Ct Lynch Station, VA 24571

    For Sale
    $49,000

    Residential - Single Family - Lynch Station, VA

    Type:Single Family Residence
    Lot size:
    0.77 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for 289 Waterway Ct

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Exterior features
    Tennis, Underground Util
    Lot size
    0.77 Acres

    Taxes and HOA fees

    Expense value
    500
    Expense
    POA Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other
    Additional Structures
    Tennis Court(s)

    Three Sisters Corporation Salem dba Wainwright & Co. - REALTORS (540) 387-5800 [email protected]

    Listing agent RAMONA SIMPSON (540) 719-5222

    Listing date Oct 30, 2025

    MLS# 914680 Listing URL

    Copyright © 2025 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakefront Lot in Runaway Bay

    This 0.77-acre lakefront lot presents an opportunity for ownership in Runaway Bay, a community featuring paved streets, a picnic shelter, community docks, a boat ramp, fenced boat storage, and tennis courts. Located approximately 30 minutes from Lynchburg, Virginia, and Danville, and 45 minutes from Roanoke, the property offers a gentle slope from the street to the lake. The lot is near the community boat launch and features hardwood trees, including Beech trees with silver bark and gold leaves. Owner financing is available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lynch Station
    County
    Campbell
    State
    Virginia
    Longitude
    -79.411173
    Latitude
    37.083859

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    FAQs

    What type of property is this?
    Residential land & home lot - Lakefront lot with owner financing in a beautiful community.
    Where is this residential land & home lot located?
    The property is located at 289 Waterway Ct Lynch Station, VA.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: - Lakefront lot in the Runaway Bay community.; - Owner financing available.; - Gentle slope to the lake.
    (540) 719-5222
    Request Owner's contact information
    289 Waterway Ct Lynch Station, VA 24571
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    Realmo Value Estimation

    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.

    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.

    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
    289 Waterway Ct Lynch Station, VA 24571
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