The waterfront home you've been dreaming about--brand new construction with wide open lake views, peaceful surroundings, and the quiet lake lifestyle that's becoming harder to find. After years of hard work and dreaming about life on the water, this is the home that makes it all worth it. Thoughtfully designed and expertly crafted by a professional builder, every detail of this home reflects quality, comfort, and modern luxury. From the moment you walk through the door, you'll feel the difference that only new construction can offer--everything is fresh, pristine, and ready for its first owners to make it their own.Generously designed bedrooms allow family and guests to spread out comfortably, each enjoying their own private retreat. Whether hosting loved ones for a weekend on the water or enjoying a quiet morning coffee overlooking the lake, this home was built for the moments that matter most.
What truly sets this property apart is the peaceful nature of the lake itself. This is not a crowded, high-traffic lake filled with constant boat noise. Instead, it offers a calm and tranquil environment where you can truly relax--listen to nature, enjoy gentle breezes across the water, and experience the quiet side of waterfront living. Covered Dock will be complete by the end of March 2026.
The only thing missing from this waterfront dream is the owner who has been waiting for it.
New construction
$895,000
1216 Runaway Bay Rd, Lynch Station, VA 24571
4beds
3,755sqft
Est.:
Single Family Residence
Built in 2026
1.13 Acres Lot
$892,900 Zestimate®
$238/sqft
$42/mo HOA
What's special
Waterfront homePrivate retreatGenerously designed bedroomsWide open lake viewsPeaceful surroundingsCalm and tranquil environment
- 10 days |
- 873 |
- 60 |
Zillow last checked: 7 hours ago
Listing updated: 22 hours ago
Listed by:
JADA A. TURNER 540-263-0202,
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Source: RVAR,MLS#: 925457
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: E
Bedroom 2
- Level: U
Bedroom 3
- Level: U
Bedroom 4
- Level: L
Other
- Level: U
Dining area
- Level: E
Foyer
- Level: E
Kitchen
- Level: E
Laundry
- Level: E
Living room
- Level: E
Office
- Level: E
Recreation room
- Level: L
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Appliances
- Included: Dishwasher, Microwave, Gas Range, Refrigerator
Features
- Flooring: Carpet, Ceramic Tile
- Doors: French Doors, Full View
- Windows: Insulated Windows
- Has basement: Yes
Interior area
- Total structure area: 4,545
- Total interior livable area: 3,755 sqft
- Finished area above ground: 2,626
- Finished area below ground: 1,129
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Paved
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Waterfront, Main Channel
- Body of water: Leesville Lake
Lot
- Size: 1.13 Acres
- Features: Varied
Details
- Parcel number: 001330500
- Zoning: R-01
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
Condition
- New Construction,Completed
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: 1 Phase
- Water: Well
Community & HOA
Community
- Subdivision: Runaway Bay
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Lynch Station
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $112,500
- Annual tax amount: $506
- Date on market: 3/13/2026
- Road surface type: Paved
Estimated market value
$892,900
$848,000 - $938,000
$3,851/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $895,000+1093.3%$238/sqft |
Source:  RVAR #925457 Report a problem | ||
| 7/23/2024 | Sold | $75,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $506 | $112,500 |
| 2023 | $506 -45.9% | $112,500 -37.5% |
| 2022 | $936 | $180,000 |
| 2021 | $936 | -- |
| 2020 | -- | -- |
| 2019 | $936 | $180,000 |
| 2018 | $936 | $180,000 |
| 2017 | -- | $180,000 |
| 2016 | -- | $180,000 |
| 2015 | -- | $180,000 -0.9% |
| 2014 | -- | $181,600 |
| 2013 | -- | $181,600 |
| 2012 | -- | $181,600 |
| 2011 | -- | $181,600 |
| 2010 | -- | $181,600 |
| 2009 | -- | $181,600 |
| 2008 | -- | $181,600 |
| 2007 | -- | $181,600 +100% |
| 2006 | -- | $90,800 |
| 2005 | -- | $90,800 |
| 2004 | -- | $90,800 |
| 2003 | -- | $90,800 +29.9% |
| 2002 | $398 | $69,880 |
| 2001 | $398 | $69,880 |
| 2000 | $398 | $69,880 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,842/mo
Principal & interest
$4457
Property taxes
$343
HOA Fees
$42
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Climate risks
Neighborhood: 24571
Nearby schools
GreatSchools rating
- 6/10Altavista Elementary SchoolGrades: PK-5Distance: 8.2 mi
- 5/10Altavista High SchoolGrades: 6-12Distance: 6.9 mi
Local experts in 24571
- Virginia
- Campbell County
- Lynch Station
- 24571
- 1216 Runaway Bay Rd
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