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$178,000 -$20,000 (-10.1%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,345 Sq. Ft.
  • Updated 7 hours ago
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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).

Full Property Details for 398 Lost Lakeview

General

  • Price: $178,000
  • HOA FEE: $33/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,353 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: VAMA2002552
  • Updated: 1/16/2026
  • Added to Site: 51 day(s) ago

Interior

  • Number of Rooms: 6
  • Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Mud Room, Full Bath, Half Bath
  • Appliances: Oven/Range - Electric
  • Flooring: Ceramic Tile, Laminate Plank, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Baths: 2
  • Main - Full Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Upper: 1
  • Bedrooms Main & Up: 1

Exterior

  • Porch/Patio/Deck: Porch(es)

Parking

  • Parking Features: Gravel Driveway
  • Parking Type: Driveway

Location

  • County: MADISON
  • Subdivision: LOST VALLEY
  • Driving Directions: 398 Lost Lakeview Rd, Madison, VA 22727
  • Location Details: Near National Park

School Information

  • School District: Madison County Public Schools

Community

  • Association: Yes
  • Assoc. Fees Include: Road Maintenance

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: On Site Septic
  • Water: Well

Structural Information

  • Architectural Style: Cottage
  • Structure Type: Detached
  • Construction: Vinyl Siding
  • Foundation: Block
  • Roof: Architectural Shingle
  • Stories Description: Main, Upper 1
  • Square Feet: 1,345
  • Sq. Ft. Source: Assessor
  • Living Area: 1,345 Sq. Ft.
  • Finished Above Grnd: 1,345 Sq. Ft.
  • Year Built: 1967
  • Year Built Source: Assessor

Additional Structures

  • Other Structures: Shed

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 3.77
  • Lot Size (Sq. Ft.): 164,221
  • Lot Size Source: Assessor
  • Street/Road Desc.: Gravel
  • Zoning: C1
  • Lot Description: Backs to Trees, Private, Rural, Secluded

Financial Considerations

  • Price Per Sq. Ft.: $132.34
  • Association Fee: $400
  • Assoc Fee Freq.: Annually
  • Assessment Year: 2025
  • County Tax: $1,353
  • County Tax Freq: Annually
  • Tax w/Assessment: $265,200
  • Tax Amount: $1,353
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1345

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 65

Listed by NetRealtyNow.com, LLC, Thomas S Hennerty

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Listing agent

— 398 Lost Lakeview —

  • Thomas S Hennerty

    NetRealtyNow.com, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 Lost Lakeview

School District:Madison County Public Schools
NameGradesDistance
Madison Primary School
158 Primary School Drive, Madison, VA 22727
PK-27.1 mi
Waverly Yowell Elementary School
1809 North Main Street, Madison, VA 22727
3-57.3 mi
William H. Wetsel Middle School
186 Mountaineer Lane, Madison, VA 22727
6-86.9 mi
Madison County High School
68 Mountaineer Lane, Madison, VA 22727
9-126.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 Lost Lakeview Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/10/2026
Price Reduced
$178,000
-10.1%
MLS
12/30/2025
Price Reduced
$198,000
-7.91%
MLS
12/19/2025
Price Reduced
$215,000
-5.7%
MLS
11/26/2025
Listed
$228,000
3.64%
MLS
11/23/2022
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 398 Lost Lakeview

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,353
44%
$265,200
109%
2023
$939
—
$126,900
—
2022
$939
—
$126,900
—
2021
$939
—
$126,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by NetRealtyNow.com, LLC, Thomas S Hennerty

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398 Lost Lakeview, Madison, VA 22727 (MLS# VAMA2002552) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 398 Lost Lakeview is currently listed for $178,000 and was received on November 26, 2025. Want to learn more about 398 Lost Lakeview? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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