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    39-40 Forest Ln Lancaster, VA 22503

    For Sale
    $60,000

    LAND - Lancaster, VA

    Lot size:
    1.00 Acre
    Days on Market:
    15
    Last Refresh:
    Dec 9 at 6:06 pm

    Property Features for 39-40 Forest Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    20D-4-40
    Lot size
    1.00 Acre

    Utilities

    Water source
    Well
    Water front features
    Navigable Water, River Access
    Water front
    1

    Liz Moore and Associates, LLC (757) 645-4106 [email protected]

    Listing agent Katherine Rhule (804) 436-9145 License #0225247172

    Listing date Nov 25, 2025

    MLS# 202500087 Listing URL

    Copyright © 2025 Chesapeake Bay & Rivers 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

    Waterfront Acre in Corrotoman By The Bay

    This offering features a one-acre waterfront building lot, consisting of two parcels on Forest Lane, situated within the Corrotoman By The Bay community. Located in a private cul-de-sac, it is near the neighborhood recreation area, which includes an 80,000-gallon pool, clubhouse, pavilion, 9-hole golf course, tennis and pickle ball courts, and frisbee golf. The neighborhood also provides access to a pier and boat ramp on the Corrotoman River, with boat slip and kayak rack rentals available. Community water is accessible. The property is a short distance from Kilmarnock and Irvington, with convenient boat access to the Rappahannock River and Chesapeake Bay.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Auto Repair Shop Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Virginia
    Longitude
    -76.517406
    Latitude
    37.729685

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    FAQs

    What type of property is this?
    Land - One-acre waterfront building lot in water-access community.
    Where is this land located?
    The property is located at 39-40 Forest Ln Lancaster, VA.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Waterfront one-acre building lot with river access on the Corrotoman River.; - Access to community recreation area with a large pool, clubhouse, pavilion, 9-hole golf course, and tennis/pickle ball courts.; - Community amenities include a pier, boat ramp, boat slip rental, and kayak rack rental.
    (804) 436-9145
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    39-40 Forest Ln Lancaster, VA 22503
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    Lancaster, VA 22503
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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
    39-40 Forest Ln Lancaster, VA 22503
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