$819,000

368 Penninsula Point Lynch Station, VA 24571

Estimated payment $4,790/month

Total Views 2,466
4 Beds
3.5 Baths
4,361 Sq Ft
$188 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • Pier
  • Second Kitchen
  • 1 Dock Slip
  • Parking available for a boat
  • Fishing Allowed

About This Home

A Rare Waterfront Opportunity and Assumable 2.25% Loan! *** Welcome to your dream retreat on the tranquil shores of Leesville Lake, one of Virginia’s best-kept secrets. Perfectly situated just 3.5 hours from the Washington, DC Metro area, 2.5 hours from Richmond, and only 1.5 hours from Greensboro, this exceptional lakefront residence offers the ideal balance of luxury, seclusion, and accessibility for year-round living or weekend escapes. *** Savor the peace and natural beauty of Leesville Lake—a less crowded, cleaner alternative to Smith Mountain Lake. With opportunities for boating, kayaking, windsurfing, and more, this hidden gem offers upscale lake living at its finest. Located just a short drive from restaurants and shopping, it’s a serene sanctuary without sacrificing convenience. PRO TIP: Ask about the speed boat available for purchase with the home! *** Designed to embrace panoramic water views, this beautifully appointed three-level home features soaring ceilings and expansive windows that flood the interior with natural light. The open-concept main level includes a spacious great room with a cozy propane fireplace, a large screened-in porch for effortless outdoor dining, and an entertainer’s terrace—all with sweeping vistas of the lake. *** The kitchen is a culinary haven, complete with updated appliances, generous cabinetry, and a breakfast peninsula ideal for casual meals. A formal dining area provides a sophisticated setting for hosting guests. *** Upstairs, three spacious bedrooms each offer private access to a catwalk-style balcony overlooking the lake. The luxurious primary suite features dual walk-in closets and a spa-inspired ensuite with double vanities, soaking tub, and a glass-enclosed shower. A Jack-and-Jill bathroom connects the secondary bedrooms, providing comfort and privacy for family or guests. *** The finished lower level features a second family room (currently used as a fourth bedroom), a private home office, and a large laundry room that doubles as a second kitchen—with a full sink, cabinetry, and second dishwasher—making it perfect for long-term guests or entertaining on the lower patio.
*** The beautifully landscaped backyard includes a tranquil rose garden and a newly added stone patio—ideal for morning coffee or evening gatherings. A gentle path leads to the covered dock situated in a peaceful no-wake cove, perfect for paddle boarding, swimming, or relaxing by the water. Floatplanes are welcome. ***
Extensive recent improvements elevate both the functionality and value of this exceptional property.

Listing Agent

Robyn Porter

Long & Foster Real Estate, Inc. License #SP98361588 Listed on: 07/10/2025

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 2008

Lot Details

  • 0.84 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Hunting Land
  • West Facing Home
  • Year Round Access
  • Wrought Iron Fence
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Private Lot
  • Premium Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Back Yard Fenced and Front Yard
  • Property is in excellent condition

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 5 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking available for a boat

Property Views

  • Lake
  • Panoramic
  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Chimney Cap

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Basement Windows

Home Security

  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Sun Deck
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Multiple Balconies
  • Deck
  • Screened Patio
  • Terrace
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Suburban Location

Schools

  • Altavista Elementary School
  • Altavista Combined Middle School
  • Altavista Combined High School

Utilities

  • Central Heating and Cooling System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Septic Pump

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 96A-5-6

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds, snow removal
  • Runaway Bay Homeowner's Association
  • Runaway Bay Subdivision
  • Property Manager

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,102

Year Built

Built in 2008

Lot Details

0

HOA Fees

$47 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 7/10/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2008
  • Building Winterized: No
  • Remarks Public: A Rare Waterfront Opportunity and Assumable 2.25% Loan! *** Welcome to your dream retreat on the tranquil shores of Leesville Lake, one of Virginia’s best-kept secrets. Perfectly situated just 3.5 hours from the Washington, DC Metro area, 2.5 hours from Richmond, and only 1.5 hours from Greensboro, this exceptional lakefront residence offers the ideal balance of luxury, seclusion, and accessibility for year-round living or weekend escapes. *** Savor the peace and natural beauty of Leesville Lake—a less crowded, cleaner alternative to Smith Mountain Lake. With opportunities for boating, kayaking, windsurfing, and more, this hidden gem offers upscale lake living at its finest. Located just a short drive from restaurants and shopping, it’s a serene sanctuary without sacrificing convenience. PRO TIP: Ask about the speed boat available for purchase with the home! *** Designed to embrace panoramic water views, this beautifully appointed three-level home features soaring ceilings and expansive windows that flood the interior with natural light. The open-concept main level includes a spacious great room with a cozy propane fireplace, a large screened-in porch for effortless outdoor dining, and an entertainer’s terrace—all with sweeping vistas of the lake. *** The kitchen is a culinary haven, complete with updated appliances, generous cabinetry, and a breakfast peninsula ideal for casual meals. A formal dining area provides a sophisticated setting for hosting guests. *** Upstairs, three spacious bedrooms each offer private access to a catwalk-style balcony overlooking the lake. The luxurious primary suite features dual walk-in closets and a spa-inspired ensuite with double vanities, soaking tub, and a glass-enclosed shower. A Jack-and-Jill bathroom connects the secondary bedrooms, providing comfort and privacy for family or guests. *** The finished lower level features a second family room (currently used as a fourth bedroom), a private home office, and a large laundry room that doubles as a second kitchen—with a full sink, cabinetry, and second dishwasher—making it perfect for long-term guests or entertaining on the lower patio. *** The beautifully landscaped backyard includes a tranquil rose garden and a newly added stone patio—ideal for morning coffee or evening gatherings. A gentle path leads to the covered dock situated in a peaceful no-wake cove, perfect for paddle boarding, swimming, or relaxing by the water. Floatplanes are welcome. *** Extensive recent improvements elevate both the functionality and value of this exceptional property. •
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: 2nd Kitchen, Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Double Pane, Insulated, Screens, Double Hung
  • Fireplace Features: Gas/Propane, Mantel(s), Insert, Other
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Double Entry, Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, High
  • Foundation Details: Concrete Perimeter, Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Combination, Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Laundry Type: Lower Floor
  • Total Sq Ft: 4361
  • Living Area Sq Ft: 4361
  • Price Per Sq Ft: 267.56
  • Above Grade Finished Sq Ft: 3061
  • Below Grade Finished Sq Ft: 1300
  • Total Below Grade Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 368

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Hardiplank Type, Stone
  • Exterior Features: Boat Storage, Chimney Cap(s), Extensive Hardscape, Exterior Lighting
  • Road Surface Type: Concrete
  • Roof: Architectural Shingle
  • View: Garden/Lawn, Lake, Panoramic, Scenic Vista, Trees/Woods, Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Leesville Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector, Motion Detectors
  • Sewer/Septic System: Septic Pump
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Satellite

Condo/Co-op/Association

  • HOA Fees: 47.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds, Snow Removal
  • HOA Name: RUNAWAY BAY HOMEOWNER'S ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAMPBELL COUNTY PUBLIC SCHOOLS
  • Elementary School: ALTAVISTA
  • Middle School: ALTAVISTA COMBINED SCHOOL
  • High School: ALTAVISTA COMBINED SCHOOL
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397403
  • School District Source: 3rd Party
  • Elementary School: ALTAVISTA
  • High School: ALTAVISTA COMBINED SCHOOL
  • Middle Or Junior School: ALTAVISTA COMBINED SCHOOL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Rear, Wrought Iron
  • Land Use Code: R
  • Lot Features: Backs To Trees, Cul-De-Sac, Fishing Available, Front Yard, Hunting Available, Landscaping, No Thru Street, Partly Wooded, Premium, Rear Yard, Sloping, Trees/Wooded, Year Round Access, Private
  • Lot Size Acres: 0.84
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36590.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Enclosed, Patio(s), Porch(es), Roof, Screened, Terrace, Wrap Around
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3102.30
  • Assessor Parcel Number: 96A-5-6
  • Tax Lot: 6
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2025

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAMPBELL COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $819,000 -- $188 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: VACP2000092

Bright MLS