Waterfront Acre in Corrotoman By The
For Sale
$60,000
39-40 Forest Lane, Lancaster, VA 22503
Land, Lancaster, VA
Property SizeContact for details
Lot Size1.00 Acre
Days on Market310
Property Features for 39-40 Forest Lane
General Information
Property type
Land
Property subtype
Other
Zoning description
R1
Subdivision
Corrotoman By The Bay
Lot features
Buildable
Elementary school
Lancaster
Middle school
Lancaster
High school
Lancaster
Directions
East on River Road to left on Western Branch Rd, right on Sullivans, left on Corrotoman Drive, Right on Forest Lane. See sign on the left.
Standard status
Active
APN
20D-4-40
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2024
Tax Description
CORROTOMAN BY THE BAY .45 AC DB360/304
Tax Annual Amount
330
HOA Fee
$520 Annually
Legal Description
CORROTOMAN BY THE BAY .45 AC DB360/304
Utilities
Water source
Well
Water front features
River Front, Navigable Water
Water front
1
Listing Agency:
Liz Moore & Associates
(804) 436-9145
Listed By:
Katherine Rhule · License #0225247172
(804) 456-8733
Added: Oct 17, 2025
Changed: Aug 19
Last Checked: Aug 22 at 9:06AM
MLS# 202500087
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Waterfront one‑acre building lot comprised of two parcels with riverfront and navigable water access
- Located on Forest Lane in Corrotoman By The Bay with a private cul‑de‑sac setting near the recreation area
- Community recreation area includes an 80,000‑gallon pool, clubhouse, and pavilion
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 22503, VA
3,997
Population
2,811
Households
1.4
Avg Household Size
57
Median Age
32%
College-Educated
87%
High-School Grad
86.7 sq mi
ZIP Area
46
Density / Sq Mi
$70,993
Median Household Income
$43,672
Median Earnings
$1,092
Median Rent
$257,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 Lane 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 comprised of two parcels with riverfront and navigable water access; Located on Forest Lane in Corrotoman By The Bay with a private cul‑de‑sac setting near the recreation area; Community recreation area includes an 80,000‑gallon pool, clubhouse, and pavilion
