7016 DON ROAD
About This Property
PUBLIC REAL ESTATE AUCTION EVENT
"CEDAR LANE FARM"
By order of the Power of Attorney for the settlement of a family estate: Don't miss this extraordinary opportunity to acquire one of the largest remaining waterfront land parcels on Lake Anna. This farm, held in the same family for generations, is now being offered to the public for the first time. We are honored to have been entrusted with finding its next steward. Make plans today to secure this exceptional property!"
Live On-Site Auction w/Live Real Time Online Simulcast Bidding for Your Convenience!!
Need a Mortgage?....Just click on one of the lenders in the "Financing" menu above.
Property Tour: Wednesday, October 29 @ 11:00am SHARP!! Please contact Kelly Strauss for more information or for a private tour
3 BR/2 BA farm house on 110.1 +/- acres in Spotsylvania County, VA
1,980' +/- of Lake Anna frontage (cool side)--"Terry's Run"; approx. 16 +/- acres is wooded; adjacent to Day's Bridge
This home measures 1,526 +/- gross sf. and features a kitchen (all appliances convey); living room; dining room; full unfinished basement & attic
Hardwood flooring throughout home
Front & side porch
Heating: heat pump; Cooling: mini-split system for upper level
Well & septic system; electric water heater
9 outbuildings: 2 of the larger equipment sheds measure 100'x40' & 60'x30' (approx.)
Most of the perimeter is completely fenced (cattle currently on property)
Located 1 mile from Belmont Rd., 3 miles from Rt. 522, 6 miles from Lake Anna State Park and centrally located near Charlottesville, Fredericksburg & Richmond, VA!!
Tax Map: 54-A-9; Zoned: RA (Resort Agriculture; please CLICK HERE for zoning info.); No HOA; Annual real estate taxes: $1,826.66 (Currently in "Land Use"); Home was built in 1920 and has vinyl siding exterior; $75,000 deposit (certified check ONLY) is due immediately after confirmation of final bid, must be shown at registration and the balance due at closing within 30-45 days; WE GUARANTEE A FREE & CLEAR DEED
Only $750,000 Starting Bid!!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by RE/MAX Supercenter | $750,000 | |
| Listed by RE/MAX Supercenter | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017