Large-Lot Residential Peninsula
For Sale
$538,000
LOT 16 KIPPS, Elkwood, VA 22718
Residential land offered within a large-lot community, with a mostly open peninsula-style site and mixed wooded areas.
Property SizeContact for details
Days on Market315
Property Features for LOT 16 KIPPS
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$651
Listing Agency:
Ross Real Estate
Listed By:
Tyler Ross
(540) 270-4819
Source:
Kerishull
Added: Oct 29, 2025
Changed: Sep 8
Last Checked: Aug 24 at 3:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ross Real Estate
Investment Insights
Based on property information with market context.
This offering is a residential land parcel described as the “peninsula lot,” mostly open and set up for a commanding house site, with wooded areas mixed throughout. The property is identified in the community with big green metal corner posts topped with orange paint. The listing also notes light covenants and restrictions designed to preserve the quiet rural character of the setting.
The parcel is described as nearly completely surrounded by Mountain Run, with the remarks citing natural privacy and views, along with the soothing sounds of running water. Walkability is listed as zero and bikeability is listed as somewhat bikeable, indicating a car-dependent area.
The property is in land use, with purchaser responsibility to maintain it or remove from land use. The information provided also mentions possible owner financing with 30% down, subject to terms not detailed in the remarks.
The parcel is described as nearly completely surrounded by Mountain Run, with the remarks citing natural privacy and views, along with the soothing sounds of running water. Walkability is listed as zero and bikeability is listed as somewhat bikeable, indicating a car-dependent area.
The property is in land use, with purchaser responsibility to maintain it or remove from land use. The information provided also mentions possible owner financing with 30% down, subject to terms not detailed in the remarks.
Key Highlights
- Owner financing possible with 30% down, as stated in the remarks
- Residential land in a large‑lot community, set within a 23+ parcel offering
- “Peninsula lot” is mostly open with a commanding house site plus mixed wooded areas
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 22718, VA
690
Population
340
Households
2
Avg Household Size
46
Median Age
22%
College-Educated
82%
High-School Grad
25.0 sq mi
ZIP Area
28
Density / Sq Mi
$83,750
Median Household Income
$58,250
Median Earnings
$355,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land offered within a large-lot community, with a mostly open peninsula-style site and mixed wooded areas.
Where is this residential land & home lot located?
The property is located at LOT 16 KIPPS Elkwood, VA.
What is the asking price?
The asking price for this property is $538,000.
What are key features of this property?
This property features: Owner financing possible with 30% down, as stated in the remarks; Residential land in a large‑lot community, set within a 23+ parcel offering; “Peninsula lot” is mostly open with a commanding house site plus mixed wooded areas
