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    46 Forest Ln Lancaster, VA 22503

    For Sale
    $249,500

    LAND - Lancaster, VA

    Lot size:
    1.65 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 46 Forest Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    20D-4-46 & 47
    Lot size
    1.65 Acres

    Utilities

    Water source
    Well
    Water front
    1

    Middle Bay Realty (804) 436-1150

    Listing agent Anjelica Crockett (804) 436-1150 License #0225210802

    Listing date Nov 25, 2025

    MLS# 2527431 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 Lot in Corrotoman Community

    This is a rare opportunity to own a waterfront lot, specifically combined Lots 46 & 47, within the Corrotoman by the Bay community. The neighborhood provides several amenities, including a pool, clubhouse, pavilion, pickleball and tennis courts, and frisbee golf. A community pier and boat ramp on the Corrotoman River offer convenient water access for boating and recreational activities. The 1.65-acre lot is situated along the scenic Corrotoman River, one of the Northern Neck's waterways, leading to the Rappahannock River, an area known for fishing. The lot features sailboat-depth water and is not located in a flood zone.
    Location Intelligence

    Current Use by Public Records

    Recreation 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
    -76.518945
    Latitude
    37.727923

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    FAQs

    What type of property is this?
    Recreation land - Waterfront lot with community amenities and river access.
    Where is this recreation land located?
    The property is located at 46 Forest Ln Lancaster, VA.
    What is the asking price?
    The asking price for this property is $249,500.
    What are key features of this property?
    This property features: - Waterfront lot on the Corrotoman River with sailboat-depth water; - Access to community pier and boat ramp on the Corrotoman River; - Located in Corrotoman by the Bay community with pool, clubhouse, pavilion, pickleball/tennis courts, and frisbee golf
    (804) 436-1150
    Request Owner's contact information
    46 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
    46 Forest Ln Lancaster, VA 22503
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