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$176,000
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Property Description
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
Full Property Details for 398 Lost Lakeview
General
- Sold For: $176,000
- HOA FEE: $33/month
- HOA FEE FREQ.: Annually
- Taxes: $1,353 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VAMA2002552
- Added to Site: 97 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
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1345
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 65
Listed by NetRealtyNow.com, LLC, Thomas S Hennerty
Sold by Montague, Miller & Co.- Madison, CINDY WEAKLEY
Get Pre-Approved Today
Schools
Schools serving 398 Lost Lakeview
School District:Madison County Public Schools
| Name | Grades | Distance |
|---|---|---|
Madison Primary School 158 Primary School Drive, Madison, VA 22727 | PK-2 | 7.1 mi |
Waverly Yowell Elementary School 1809 North Main Street, Madison, VA 22727 | 3-5 | 7.3 mi |
William H. Wetsel Middle School 186 Mountaineer Lane, Madison, VA 22727 | 6-8 | 6.9 mi |
Madison County High School 68 Mountaineer Lane, Madison, VA 22727 | 9-12 | 6.8 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
Date
Details
Price
Change
Source
1/30/2026
Sold
$176,000
-1.12%
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
398 Lost Lakeview, Madison, VA 22727 (MLS# VAMA2002552) is a Single Family property that was sold at $176,000 on January 30, 2026. 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.

