Sold
Last Sold Price
3 beds1,122 sqft$383/sqft
541 Cove Colony Rd, Lancaster, VA 22503
Single FamilyProperty Type
0.49 acresLot Size
1962Year Built
$383/sq ftPrice per sq ft

Description

Gorgeous views and DEEP protected water make this classic river cottage a must see! Nestled on the shores of Myer Creek this home has 10’ of water at the dock (per owner). The western facing home is the setting of absolutely stunning sunsets! Myer Creek is a fantastic hurricane hole that provides easy access to the Rappahannock River and Chesapeake Bay! World class fishing and sailing is accessible from your backyard! The home is elevated well out of the flood zone with an easy, sloped walk to the...Gorgeous views and DEEP protected water make this classic river cottage a must see! Nestled on the shores of Myer Creek this home has 10’ of water at the dock (per owner). The western facing home is the setting of absolutely stunning sunsets! Myer Creek is a fantastic hurricane hole that provides easy access to the Rappahannock River and Chesapeake Bay! World class fishing and sailing is accessible from your backyard! The home is elevated well out of the flood zone with an easy, sloped walk to the dock. You will love the amazing outdoor living on the large deck and screened porch. The home features a owner’s suite with bath, kitchen with laundry, living room with fireplace, 2 guest bedrooms and full guest bath. The home is in great shape and has been lovingly maintained by the current owner. Located in a community of fine homes, but not in an HOA, this a fantastic place to walks and get to know your neighbors! Yankee Point Marina is located just around the corner. This full-service marina provides gas, swimming pool access, boatyard, and maintenance. The Yankee Point Yacht club is a great organization to join for serious boaters or those looking to make friends on the water!
  • Listed by: Beverly Shultz 804.436.4000 beverly@beverlyshultz.com • Long & Foster Real Estate
  • Listed by: Neill McNeill Shultz 804.580.0476 neill.shultz@longandfoster.com • Long & Foster Real Estate
Listing closed: 01/28/2021 12:00 AM • Source: CBRAR, MLS#: 2036191

Recent comparable sales

Median sold price

$320,000

Avg days on market

63

Sale-to-list ratio

91.8%

Lancaster, VA

9 comparable properties found

a front view of a house with a yard
1/47
1

$320,000

Sold 06/12/26

3
Bedrooms
1,144
Square Feet
2.34
Acres
$440,000 | 792 Oak Hill Road, Lancaster, VA 22503
1/23
2

$440,000

Sold 04/24/26

2
Bedrooms
1,116
Square Feet
2.46
Acres
$125,000 | 67 Lewis Road, Lancaster, VA 22503
1/15
3

$125,000

Sold 05/21/26

3
Bedrooms
1,340
Square Feet
0.72
Acres
a front view of house with yard
1/92
4

$315,000

Sold 10/31/25

3
Bedrooms
1,296
Square Feet
0.87
Acres
a view of a house next to a yard with large trees
1/32
5

$464,000

Sold 04/22/26

3
Bedrooms
1,536
Square Feet
1.1
Acres
a front view of a house with a yard patio and green space
1/28
6

$285,000

Sold 10/16/24

3
Bedrooms
1,076
Square Feet
0.31
Acres
a view of house with swimming pool
1/49
7

$580,000

Sold 09/12/25

3
Bedrooms
2,164
Square Feet
0.26
Acres
a view of a house with a yard
1/26
8

$270,000

Sold 06/30/25

3
Bedrooms
1,302
Square Feet
0.53
Acres
$390,000 | 2340 Morningside Avenue, Lancaster, CA 93535
1/24
9

$390,000

Sold 11/18/25

3
Bedrooms
1,232
Square Feet
0.13
Acres

Location

Listing Courtesy of Long & Foster Real Estate, Beverly Shultz; Long & Foster Real Estate, Neill McNeill Shultz

Sold By IsaBell K. Horsley Real Estate, Rhonda Wells

Add your commute

Payment Calculator

$2,352 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,186

Property Taxes

$166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 541 Cove Colony Road

Property Details
  • Taxes: $1,991 / year
  • MLS Type: Residential / Fee Simple
  • Tax ID Number: NO TAX RECORD
  • Ownership: Individuals
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Detached
  • Style: Cottage
  • Levels/Stories: 1
  • Waterfront: Yes
  • Garage: No
  • Subdivision: COVE COLONY
  • Subdivision: COVE COLONY (LANCASTER VA)
  • Central Air: No
  • Basement: No
  • Above Grade Finished SQFT: 1,122.00
  • Above Grade Fin SQFT Source: Estimated
  • New Construction: No
Building Information
  • Stories: 1
  • Year Built: 1962
  • Lot Size: 0.49 AC / 21,344 SF
Location
Location
  • In City Limits: No
  • School District Name: LANCASTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 300200397285
  • SchoolDistrictSource: Listing Agent
  • Elementary School: LANCASTER (LANCASTER VA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: LANCASTER (LANCASTER VA)
  • MiddleSchoolSource: Listing Agent
  • High School: LANCASTER (LANCASTER VA)
  • HighSchoolSource: Listing Agent
  • County: LANCASTER
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Water Body Name: Myers Creek
  • Water Body Type: Creek
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2019
  • Tax Assessed Value: $316,100
  • Zoning: R1
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 1,122.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Interior Features: Window Treatments
  • View: Water
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Wood
  • Appliances: Electric Water Heater
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Outdoor Living Structures: Porch(es), Screened, Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Community
  • Sewer Septic: Septic Exists
Confidential Data
Listing Office
  • List Agent AOR: Richmond Association of REALTORS (VA)

Property History for 541 Cove Colony Road

DateEvent & SourcePriceAppreciation
Jan 28, 2021

Sold

BRIGHT #VALV100806

$430,000
Jan 27, 2021

Sold

CBRAR #2036191

$430,000
Jan 25, 2021

Sold (Public Record)

Public Record #1450781563

$430,000
DateEvent & SourcePrice
01/28/2021

Sold

BRIGHT #VALV100806

$430,000
01/27/2021

Sold

CBRAR #2036191

$430,000
01/25/2021

Sold (Public Record)

Public Record #1450781563

$430,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 541 Cove Colony Road

Taxable ValueLand$190,000Additions$174,400Total$364,400
Tax Record2025$20 ($2 / month)
Home Facts
Beds3Total Finished SqFt1,122 SqFtAbove Grade Finished SqFt1,122 SqFtStories1Lot Size21,344 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated1982ZoningR1CountyLANCASTERAPN26H 3 2Fireplace TypeHas Fireplace

Schools near 541 Cove Colony Road

This home is within Lancaster County Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 8 to 12
Rating
School
Distance
Lancaster Elementary School
PublicK to 7

Lancaster High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 22503

$235,000 | 2941 White Chapel Road, Lancaster, VA 22503
1/23

$235,000

3
Bedrooms
999
Square Feet
Unavailable
Acres
$399,000 | 1383 Belmont Drive, Lancaster, VA 22503
1/36

$399,000

2
Bedrooms
1,728
Square Feet
0.89
Acres
a front view of a house with a yard
1/87
New Construction

$459,900

3
Bedrooms
1,800
Square Feet
2
Acres
$595,000 | 183 Carlson Road, Lancaster, VA 22503
1/43

$595,000

3
Bedrooms
3,095
Square Feet
19.8
Acres
a picture of a floor plan
1/26

$429,000

3
Bedrooms
1,568
Square Feet
3.53
Acres
$475,000 | 6439 Morattico Road, Lancaster, VA 22503
1/56

$475,000

2
Bedrooms
1,696
Square Feet
2.25
Acres
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
1/100

$850,000

5
Bedrooms
2,556
Square Feet
1.21
Acres
$1,299,000 | 157 Hazard, Lancaster, VA 22503
1/37

$1,299,000

3
Bedrooms
2,387
Square Feet
2.29
Acres
$1,300,000 | 750 Levelgreen Road, Lancaster, VA 22503
1/45

$1,300,000

4
Bedrooms
5,120
Square Feet
3.37
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 541 Cove Colony Road, Lancaster, VA 22503
$430,000
3
1,122
21,344
$370,000
3
3
2,432
62,596
$370,000
3
2,359
40,075
1
2
1,574
38,028
$789,000
3
3,261
93,218
2
2
1,773
34,282

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Long & Foster Real Estate, Beverly Shultz; Long & Foster Real Estate, Neill McNeill Shultz

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.