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Waterfront Residential Development Lot
For Sale
$55,000

Lot 76 Runaway Bay Road, Lynch Station, VA 24571

1.6-acre waterfront lot with 151 feet of shoreline in the Runaway Bay community, featuring community amenities including a private boat ramp.

Property Size69,696 SF
Lot Size1.60 Acres
Price / SF$0.79
Days on Market223

Property Features for Lot 76 Runaway Bay Road

General Information

Standard status Active
Size 69,696 SF
Lot size 1.60 Acres
Property subtype Land / Unimproved Lot

Taxes and HOA fees

Annual Taxes $460

Amenities

Below Ground
0.0
Listing Agency: RE/MAX LAKEFRONT REALTY INC
Listed By: DEBRA GATTO · License #0225239451
Source: Compass
Added: Jan 2 Changed: Aug 8 Last Checked: Mar 25 at 6:28PM

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 RE/MAX LAKEFRONT REALTY INC

Investment Insights

Based on property information with market context.

This waterfront residential development lot offers 1.6 acres with approximately 151 feet of shoreline, providing space to plan and build a custom lakefront home. The property is located within the Runaway Bay community and includes access to shared amenities intended for everyday recreation.

Residents can enjoy a community park with a covered picnic pavilion and walking trails, along with tennis and basketball courts. Additional conveniences include locked boat/RV storage, a private boat ramp, and day docks.

The lot is located in the Altavista school district.

Key Highlights

  • 1.6‑acre waterfront lot with 151 feet of shoreline in the Runaway Bay community
  • Community private boat ramp and day docks for lake access
  • Locked boat/RV storage and private boat ramp

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 24571, VA

1,904
Population
1,128
Households
1.7
Avg Household Size
53
Median Age
28%
College-Educated
84%
High-School Grad
51.0 sq mi
ZIP Area
37
Density / Sq Mi
$41,250
Median Household Income
$42,964
Median Earnings
$850
Median Rent
$144,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 1.6-acre waterfront lot with 151 feet of shoreline in the Runaway Bay community, featuring community amenities including a private boat ramp.
Where is this waterfront land located?
The property is located at Lot 76 Runaway Bay Road Lynch Station, VA.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: 1.6‑acre waterfront lot with 151 feet of shoreline in the Runaway Bay community; Community private boat ramp and day docks for lake access; Locked boat/RV storage and private boat ramp
More about this property
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