Waterfront Land in Runaway
For Sale
$55,500
Penninsula Pointe lot 385, Lynch Station, VA 24571
LAND - Lynch Station, VA
Property SizeContact for details
Lot Size1.15 Acres
Days on Market472
Property Features for Penninsula Pointe lot 385
General Information
Property type
Land
Property subtype
Other
Subdivision
Runaway Bay
Lot features
Sloped Down, Varied, Sloped Down, Varied
View
Lake
Directions
From Altavista: 43W, L on 630, L on 631, L on Runaway Bay, R on Jeramiah Run, R on Penninsula Pt, Property on R, just before cul-de-sac.
Standard status
Active
APN
0010034603
Lot size
1.15 Acres
Taxes and HOA fees
Tax Annual Amount
371
HOA Fee
$531 Annually
Utilities
Water source
Private
Water front features
Waterfront
Water front
1
Listing Agency:
LYONS TEAM, REALTORS(R)
(540) 297-7777
Listed By:
ARTHUR REOCH
(540) 297-7777
Added: May 9, 2025
Changed: Aug 2
Last Checked: Aug 23 at 2:06AM
MLS# 917099
Copyright © 2026 Roanoke Valley 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 1.15-acre lot is located in the Runaway Bay community and offers 263 feet of lake frontage on a quiet cove of Leesville Lake. The property is wooded and sloping, suitable for building a home with sunset views. Runaway Bay amenities include a private boat ramp, day dock, locked RV/boat storage, tennis and basketball courts, walking trails, a covered pavilion, parks, and street lights. Residents can enjoy swimming, skiing, tubing, fishing, cruising, and kayaking. The property is located in the Altavista school district. A well and septic system will need to be installed by the purchaser.
Key Highlights
- 263 feet of lake frontage on Leesville Lake
- Located in the Runaway Bay community with access to amenities including a private boat ramp, day dock, and RV/boat storage
- Wooded, sloping lot ideal for building with potential for sunset views
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Wooded, sloping lot with lake frontage in Runaway Bay.
Where is this land located?
The property is located at Penninsula Pointe lot 385 Lynch Station, VA.
What is the asking price?
The asking price for this property is $55,500.
What are key features of this property?
This property features: 263 feet of lake frontage on Leesville Lake; Located in the Runaway Bay community with access to amenities including a private boat ramp, day dock, and RV/boat storage; Wooded, sloping lot ideal for building with potential for sunset views
