Property summary
This exceptional 2.06-acre commercial land parcel presents a unique investment opportunity in Lancaster, Virginia. Located at 1 Oak Point Drive, this property boasts a desirable location within the exclusive Oak Hill waterfront community. Oak Hill offers a tranquil setting with only six home sites, ensuring privacy and exclusivity. The land itself is partially wooded, providing a natural and picturesque backdrop. The property enjoys access to deep water on the Corrotoman River, a significant advantage for potential development. Zoned for residential use, this land offers considerable potential for various residential projects, capitalizing on the stunning waterfront views and peaceful atmosphere. The asking price is $195,000. The property's address is 1 Oak Point Drive, Lancaster, VA 22503, situated in Lancaster County. Its precise coordinates are latitude 37.7216119 and longitude -76.4435052. Given its size, location, and zoning, this land parcel represents a compelling investment opportunity for discerning buyers seeking a prime waterfront development site in a highly sought-after community. The opportunity to build in this exclusive community is rare. Serious inquiries are encouraged.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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