Waterfront Land Parcel with Two
For Sale
$79,500
PADDOCK Drive lot 4, Lancaster, VA 22503
Land, Lancaster, VA
Property SizeContact for details
Lot Size7.61 Acres
Days on Market1020
Property Features for PADDOCK Drive lot 4
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
EDGEWATER
Lot features
Cleared, Undeveloped, Waterfront
View
Water
Elementary school
Lancaster
Middle school
Lancaster
High school
Lancaster
Directions
Rt.622 Morattico Rd to Right on Shore Drive,Right on Russell, Left on Edgewater to Right on Paddock.Left at T
Standard status
Active
APN
5-43C & 5-43Q
Lot size
7.61 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Lot 5-43C and 5-43Q containing 4.94 and 2.67+/- acres and all improvements
Tax Annual Amount
740
HOA Fee
$300 Annually
Legal Description
Lot 5-43C and 5-43Q containing 4.94 and 2.67+/- acres and all improvements
Utilities
Water source
Well Needed
Water front features
River Front, Waterfront, Creek
Water front
1
Listing Agency:
ERA Real Estate Professionals
(757) 240-4070
Listed By:
Laura Pierce · License #0225076528
(804) 694-9145
Added: Nov 6, 2023
Changed: Aug 19
Last Checked: Aug 22 at 1:06PM
MLS# 2327247
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 waterfront land offering consists of two parcels totaling 7.61 acres. One parcel is a 5-acre waterfront tract along Lancaster Creek with a gentle slope and a homesite on a higher bluff feel, offering creek views. The wooded area includes an established mix of aged hardwoods, pines, and holly. The second parcel is 2.67 acres and is cleared and ready for use, including for horses and other farm animals as described in the community information.
The property is located within the Edgewater community, with acreage along Lancaster Creek and access to the Chesapeake Bay. The Rappahannock River is also only minutes away, with nearby access to Belle Isle State Park and downtown Kilmarnock.
Overall, the configuration provides both waterfront frontage and a separate cleared area, supporting a private, rural retreat setting while keeping flexibility for your intended use on the second parcel.
The property is located within the Edgewater community, with acreage along Lancaster Creek and access to the Chesapeake Bay. The Rappahannock River is also only minutes away, with nearby access to Belle Isle State Park and downtown Kilmarnock.
Overall, the configuration provides both waterfront frontage and a separate cleared area, supporting a private, rural retreat setting while keeping flexibility for your intended use on the second parcel.
Key Highlights
- 2‑parcel waterfront property with access to Lancaster Creek and minutes to the Rappahannock River
- 5‑acre waterfront parcel with a gentle slope and homesite on a higher bluff feel for creek views
- Wooded mix on the waterfront parcel with aged hardoods, pines, and holly
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
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?
Waterfront Land - Two-parcel waterfront offering with wooded acreage along Lancaster Creek and a cleared lot suitable for horses.
Where is this waterfront land located?
The property is located at PADDOCK Drive lot 4 Lancaster, VA.
What is the asking price?
The asking price for this property is $79,500.
What are key features of this property?
This property features: 2‑parcel waterfront property with access to Lancaster Creek and minutes to the Rappahannock River; 5‑acre waterfront parcel with a gentle slope and homesite on a higher bluff feel for creek views; Wooded mix on the waterfront parcel with aged hardoods, pines, and holly
