See Home Value
Madison 22727
398 LOST LAKEVIEW
$176,000
● House - Off Market

398 LOST LAKEVIEW

MADISON, VA 22727
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,345 Ft²
$1,021
Est. Monthly
$33
HOA / Fees

About This Property

Peaceful mountain getaway GEM awaits you! This 3.7-acre property sits right next to the 10,326-acre Rapidan Wildlife Management Area-essentially an extension of your own backyard. The home features an open kitchen and dining space with a wood-burning stove, a spacious living room, mud/laundry room, and a main-level bedroom, all updated with new laminate flooring and fresh paint. The home offers one full bath and one half bath, both with tile floors. Upstairs, you'll find a bonus room or additional bedroom with hardwood flooring. Perfect as a full-time residence, weekend retreat, or a great option for rental income (No AirBnB rentals permitted).
Unit Size
1,345 Ft²
Days on Market
-
Land Size
3.77 acres
Price per sqft
$132
Property Type
House
Property Taxes
$113
HOA Dues
$33
Year Built
1967

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Last updated: 9 months ago (Bright MLS #VAMA2002552)

Price History

Date / Event Date Event Price
Jan 30, 2026 Sold
Sold
Jan 24, 2026 In contract -
In contract
Jan 11, 2026 Price Decreased $178,000
↓ $20K (10.1%)
Price Decreased
Dec 30, 2025 Price Decreased $198,000
↓ $17K (7.9%)
Price Decreased
Dec 19, 2025 Price Decreased $215,000
↓ $13K (5.7%)
Price Decreased
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 29
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 15
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 164,221
  • Total Building Area: 1,346
  • Building Area: 1,346
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 1
  • Heated Square Feet: 1,346
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECTION II LOST VALLEY SUBDIVISION
  • Land Acres: 0000003770
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: IN 220001736 3.770 AC 36A(2)-2-65 LOST VALLEY

Neighborhood

  • School District Name: Madison County Public Schools
  • Census Tract: 930202

Zoning

  • Zoning: C1

Geography

  • Assessors Map Reference: MAP 36A(2)-2-65
  • Account Number: 5676
  • Parcel: 36A 2 2 65
  • Municipality: MADISON COUNTY
  • Latitude: 38.4074
  • Longitude: -78.3829

    Address

  • Full Address: 398 Lost Lakeview Rd
  • Address - House Number: 398
  • Address - Street Name: Lost Lakeview
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Madison
  • Carrier Code: R001
  • 4-Digit Zip Code: 3366
  • Zip Code: 22727

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,906

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 228,785
  • High Value: 286,016
  • Low Value: 171,554

    Market Valuation

  • Market Total Value: $126,900
  • Market Land Value: $50,900
  • Market Improvement Value: $76,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,900
  • Assessed Land Value: $50,900
  • Assessed Improvements Value: $76,000

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1736
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 398 Lost Lakeview Road built and last sold?
The property at 398 Lost Lakeview Road was built in 1967 and last sold on Nov 23, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 398 Lost Lakeview Road is $0.
What are some comparable homes to 398 Lost Lakeview Road?
There are currently no comparable homes to 398 Lost Lakeview Road.