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Margo

Margo

$590,001 Average Value
$245 Average Price per Sq Ft
63 Homes For Sale

Lake Anna defines the lifestyle in Margo

Margo means “pearl,” fitting for an area whose crowning jewel is a body of water. Driving through the rural community, you can tell how much everyone treasures Lake Anna, a multitude of marinas and restaurants named after the lake. “Many people move here because of the proximity to Lake Anna,” says Anne Corbin with Long & Foster Real Estate, Inc., resident and Realtor with nine years of experience.

Margo residents escape to the breathtaking views of Lake Anna for relaxation.
Margo residents escape to the breathtaking views of Lake Anna for relaxation.
Embrace Margo's coastal charm with a glimpse of these beautiful waterfront houses.
Embrace Margo's coastal charm with a glimpse of these beautiful waterfront houses.
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Large lots and lakeside homes in Spotsylvania County

East of the lake in Spotsylvania County, Margo features large lots of land for single-family homes, giving it a peaceful pastoral feel. Having over an acre of land is easy to come by no matter what your budget is. “There’s a range of housing, some that are inexpensive and some in the millions. It’s a very eclectic area price-wise. You can definitely find what you’re looking for,” Corbin says. Further from the lake but with plentiful yardage, buy ranch-style houses for around $358,200 or Cape Cods for about $281,500. Closer to the water and secluded by woodlands, you can find more ranch-style homes for around $333,800. For those seeking a lakeside retreat in the woods, a new construction house with its own private dock and views overlooking the water can go for $1.7 million.

Enjoy Margo's waterways at Anna Point Marina, a haven for boating enthusiasts.
Enjoy Margo's waterways at Anna Point Marina, a haven for boating enthusiasts.
Cape Cod gem embodies the essence of Margo living, offering a perfect blend of style and comfort
Cape Cod gem embodies the essence of Margo living, offering a perfect blend of style and comfort
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Spotsylvania County Public School District music education stands out

Students in Margo go to the Spotsylvania County Public School District, which earns a B grade according to Niche. Schools include Livingston Elementary School, Post Oak Middle School and Spotsylvania High School. On Niche, all three schools earn B-minus grades. The district has been designated one of the Best Communities for Music Education by The NAMM Foundation for high-quality musical fine arts.

Spotsylvania High
Spotsylvania High
Spotsylvania High
Spotsylvania High
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Trails, campgrounds and boat launches surround Lake Anna

Margo has abundant outdoor recreation, especially at Lake Anna State Park. “Living by the lake means you can certainly boat and relax on the beach,” Corbin says. The state park also has hiking trails, cabins to stay in and campgrounds. There's no end to the water activities from fishing to kayaking and canoeing. At Anna Point Marina, launch boats off wide ramps for jaunts on the water. For a park on dry land, head to Chewning Park for playgrounds, baseball fields and a picnic pavilion.

A serene picnic spot in Margo blends nature's beauty with relaxation.
A serene picnic spot in Margo blends nature's beauty with relaxation.
Embark on a scenic adventure along Margo's enchanting trail, where nature unfolds its beauty.
Embark on a scenic adventure along Margo's enchanting trail, where nature unfolds its beauty.
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Residents enjoy patio dining with lake views

The area has local retail for basics like groceries and a few restaurants. The 208 Variety Store offers a deli and snacks to pick up as you get gas at the station. To stock up on the week’s food, head to Keystone Grocery. As for local restaurants, Lake Anna Hideaway offers seafood in a laidback but colorful interior with a large bar. Vito’s on Lake Anna has Italian fare in a dimly lit dining room or a large patio ideal for date night.

Indulge in authentic Italian flavors at Vito's, where Margo meets culinary excellence.
Indulge in authentic Italian flavors at Vito's, where Margo meets culinary excellence.
Margo residents escape to the breathtaking views of Lake Anna for relaxation.
Margo residents escape to the breathtaking views of Lake Anna for relaxation.
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Farmers markets, Fall Fest held nearby in Mineral

As for local events, the town of Mineral, a stone’s throw away across the lake, hosts many community get-togethers. At the Fall Festival, bring costumed children to trick-or-treat at the booths, where you can buy arts and crafts or snacks. The area also has a weekly farmers market during summer and autumn months where you can find locally grown produce, meats and home products.

Reaching Washington, D.C., by I-95

About 74 miles from Washington, D.C., Margo residents can travel to the nation’s capital via Interstate 95 North. For weekend trips in the nation’s capital, visit the Tidal Basin, monuments and Smithsonian museums.

Anna Anderson
Written By
Anna Anderson
Tyson Le
Photography Contributed By
Tyson Le
Bill Jennings
Video By
Bill Jennings

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Margo US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 2 4
Motor Vehicle Theft 2 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Margo Demographics and Home Trends

Housing Trends

Median List Price
$515,000
Median Sale Price
$489,000
Median Single Family Sale Price
$515,000
Median 2 Bedroom Sale Price
$299,250
Median Change From 1st List Price
0%
Last 12 months Home Sales
201
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$245

Neighborhood Facts

Number of Homes
4,168
Number of Homes for Sale
63
Median Year Built
1994
Months of Supply
3.80
Average Single Family Home Size Sq Ft
2,067
Above the national average
1,927
Average Townhouse Size Sq Ft
1,474
Average 2 Bedroom Size Sq Ft
1,285
Median Lot Size Sq Ft
45,738

Open Houses

  • Sunday, Nov 23
    2 - 4pm

    12808 Faulconers Ct, Spotsylvania, VA 22551

    $949,900

    • 3 Beds
    • 3.5 Baths
    • 3,184 Sq Ft
    • 12808 Faulconers Ct

    Discover the epitome of luxury living in this breathtaking custom Craftsman home, meticulously updated with an array of bespoke features that redefine modern comfort and elegance. Nestled on eight pristine acres with established walking trails and located within a serene subdivision—free from HOA restrictions—this property offers a unique blend of tranquility and sophistication. As you step

    Agent Photo
    Sheli Schneider
    Samson Properties
    (540) 517-7286
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  • Sunday, Nov 23
    12 - 2pm

    11013 Forest Hollow Dr, Bumpass, VA 23024

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 11013 Forest Hollow Dr
    • New 5 days ago

    Charming 3 Bedroom Home Near Lake Anna – This delightful 3-bedroom, 2-full bathroom home is nestled on a generous 3-acre lot, just 1.5 miles away from the scenic shores of Lake Anna, with public access available at Pleasant Landing Marina. Enjoy the warmth of hardwood floors throughout the main living areas, creating an inviting atmosphere for family gatherings and entertaining. The home boasts

    Mrs. Kayla Sullivan At Your Service Realty

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  • Saturday, Nov 29
    11am - 3pm

    12822 Stage Coach Rd, Bumpass, VA 23024

    $2,600,000

    • 7 Beds
    • 5.5 Baths
    • 5,157 Sq Ft
    • 12822 Stage Coach Rd
    • New 30 days ago

    If your dream is to own a property that offers peace, play, & potential for business all-in-one, this stunning waterfront home is your winning ticket. The land & seclusion lend themselves to a bed & breakfast, mini farm, or a personal retreat unlike any other. Whether you’re seeking a permanent home, rental investment, or multi-use property, this home presents an exceptional opportunity at Lake

    Libby Sandridge Berkshire Hathaway HomeServices PenFed Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
16,964
Median Age
45
Population Density
1 person/acre
Population under 18
21.9%
On par with the national average
23.8%
Population over 65
22.6%
On par with the national average
19.1%

Finances

Median Household Income
$101,535
Above the national average
$79,601
Average Household Income
$120,434

Education and Workforce

High School Graduates
89.3%
College Graduates
25.3%
Below the national average
34.1%
Advanced Degrees
8.8%
On par with the national average
13.3%
% Population in Labor Force
62.9%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
25°F
Average Summer High Temperature
88°F
Annual Snowfall
23''

Area Factors

Somewhat Bikeable

Bike Score®

20 / 100

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Margo
Chris Ognek
Q Real Estate, LLC
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