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$1,150,000

Beds
4
Baths
3.5
sq ft
3,000

501 Doggett Ln, Lancaster, VA 22503

501 Doggett Ln

LANCASTER, VA 22503

  • 13 days on market
Welcome to the Northern Neck of Va. where waterfront living offers the DREAM LIFE! Just bring your boat, everything else is already here! Enjoy breath-taking view a daily basis! You can have it all here! This stunning 4-bedroom, 3.5 bath waterfront home in Lancaster, VA, with proven Welcome to the Northern Neck of Virginia, where waterfront living brings your dream lifestyle to life! Just bring your boat—everything else is already here for you to enjoy breathtaking views every day! This stunning 4-bedroom, 3.5-bath waterfront home in Lancaster, VA, has a proven track record of generating approximately $50,000 in short-term rental income each summer, totaling around $400,000 since 2019! This fully furnished, turnkey property serves as both a lucrative investment and a private retreat. Recent upgrades include a brand-new deck, an expanded first level, and an enclosed sunroom transformed into a versatile 4-season space. With bonus rooms providing additional living space and a strong rental history on platforms like Airbnb, VRBO, and Facebook, this home presents an exceptional opportunity for savvy investors! Don’t miss your chance to own this incredible waterfront gem! Picture yourself living on a premium lot in a tranquil, rural setting where entertaining and everyday living come together seamlessly. The open floor plan features high ceilings and an upgraded kitchen complete with brand-new stainless steel appliances and stunning countertops. The heart of this home—the kitchen—flows into adjoining dining and family rooms, making it ideal for gatherings with family and friends. Step outside to your private backyard oasis, where gorgeous water views await! This well-cared-for property is ready for new owners, offering multiple sun-drenched rooms perfect for relaxation and enjoying the scenery. Be sure to check out the guest book filled with 5-star reviews from repeat guests who rave about this lovely masterpiece! Everything is in place for endless fun and wonderful memories. Unwind in the sauna, which conveys with the home, along with furniture, décor, and much more! This is the home that guests look forward to renting week after week! Kilmarnock is just 20 minutes away and boasts charming coastal shops, fantastic dining options, art galleries, and the Compass Entertainment Complex, featuring a go-kart track, movie theater, batting cages, miniature golf, and arcade games. Additionally, a 25-mile jogging trail is currently being constructed to connect White Stone, Kilmarnock, and Irvington. Belle Isle State Park is conveniently located about 15 minutes away, offering 7 miles of stunning shoreline along the Rappahannock River, complete with a campground, picnic shelters, hiking, biking, bridle trails, and motorboat and car-top launches. Seasonal bicycle, canoe, and kayak rentals are also available. Guests can enjoy the park's universally accessible playground, boardwalk, fishing pier, and educational programs. The diverse habitats here are home to many magnificent birds, including blue herons, ospreys, and bald eagles. This exceptional property won't last long on the market! Schedule your showing today and take the first step toward owning your piece of paradise! (High-speed internet is already installed.)

Details

Property type

Single Family Residence

Est. home value

$535,316

Lot size

1.4 acres

Price per sq ft

$384

Year built

1980

Annual property taxes

$2,794

HOA

No

Price History

02/21/2025
Bright

Bright #VALV2000668

Listed
$1,150,000
+221.23%
05/18/2018
CentralVirginia

CentralVirginia #1804824

Sold
$358,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

LANCASTER COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$255,000

Est. remaining balance

Not provided

Interest rate

2.25%

Loan type

Stand Alone Refi (Refinance of Original Loan), 15 year

Seller

Mark E Kimball and Grace Kimball

Lender

Intercoastal Mortgage Company

Loan start date

May 2018

Original loan amount

$286,400

Est. remaining balance

Not provided

Interest rate

4.45%

Loan type

New Conventional

Seller

Mark E Kimball and Grace G Kimball

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/24/2025 at 3:00 PM

Listing updated: 02/21/2025 at 12:14 AM

Listed by: Saad Jamil, Samson Properties Phone #: (703) 378-8810

MLS: Bright #VALV2000668

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