398 Lost Lakeview Madison, VA $ 178,000
398 Lost Lakeview
$ 178,000
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398 Lost Lakeview

Madison, VA, 22727
$ 178,000
Bedrooms2 Baths1.1 Sq 1,345

Monthly Estimate*

$ 1,096

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Single Family Home for sale in Madison, VA

for $178,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,345 square foot home was built in 1967 on a lot size of 3.77.

Peaceful mountain getaway GEM awaits you! This 3.7-acre property sits right next to the 10,326-acre Rapidan Wildlife Management Areaessentially 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, youll 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).

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Single Family Contingent

Price

$ 178,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,353

Style

Cottage

Lot Size

3.77

Year Built

1967

Town/City

Madison

County/Region

Madison

MLS | Web ID

VAMA2002552

Features
General
Living Area 1345
Sewer On Site Septic
Heating Forced Air
Cooling Ceiling Fan(s) Window Unit(s)
Possession Settlement
Roof Architectural Shingle
Appliances Oven/Range - Electric
Zoning C1
HOA Fee 400.00
Association Fee Includes Road Maintenance
Patio/Porch Features Porch(es)
Architectural Style Cottage
Construction Materials Vinyl Siding
School District MADISON COUNTY PUBLIC SCHOOLS
Year Built 1967
View Trees/Woods
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
Assoc Fee Paid Per Annually
County MADISON
New Construction N
Property Type Residential
HOA Y
Subdivision Name LOST VALLEY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 6
Full Baths 1
Status ACTIVE UNDER CONTRACT
Directions 398 Lost Lakeview Rd Madison VA 22727
City MADISON
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 164221.00
Tax Annual Amount 1353.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 132.34
Additional Parcels Y/N N
Historic Y/N N
Vacation Rental Y/N N
Location Type Near National Park
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 65
Association Recreation Fee N
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Interior
Heating Fuel Electric
Flooring Ceramic Tile Laminate Plank Hardwood
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1345
Half Baths 1
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Kitchen Mud Room Full Bath Half Bath
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool No Pool
Parking Features Gravel Driveway
Lot Features Backs to Trees Private Rural Secluded
Water Source Well
Type of Parking Driveway
Foundation Details Block
Spa N
Water View Y/N N
Lot Size Acres 3.77
Road Surface Type Gravel
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility Private
Land Assessed Value 100200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 398
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* Excluded Features
List By
Netrealtynow.Com, Llc

Broker

tom@netrealtynow.com

Email

Affordability Calculator

$1,209
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,096
Monthly Property Taxes
$113
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535469 Elementary School
3536139 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2026$178,000 -10.10% Price Down
12/30/2025$198,000 -7.91% Price Down
12/19/2025$215,000 -5.70% Price Down
12/9/2025$228,000 Listed Price

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398 Lost Lakeview, Madison, VA, 22727 is a Single Family Home for sale at $178,000 with 1,345 sqft and a lot size of 3.77. 398 Lost Lakeview has 2 bedrooms, 1.1 baths, and was built in 1967. The property's zip code is 22727 which is in Madison, VA