For sale

Price cut: $13K (12/19)

$215,000

398 Lost Lakeview Rd, Madison, VA 22727

2beds

1,967sqft

Est.:

Single Family Residence

Built in 1967

3.77 Acres Lot

$209,900 Zestimate^®

$109/sqft

$33/mo HOA

What's special

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 Airbnb/VRBO investment.

33 days

2,019

113

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 1

Rooms

Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Full Bath, Half Bath

Primary bedroom

Level: Main

Bedroom 2

Features: Flooring - HardWood
Level: Upper

Dining room

Level: Main

Other

Features: Flooring - Tile/Brick, Bathroom - Tub Shower
Level: Main

Half bath

Features: Flooring - Tile/Brick
Level: Main

Kitchen

Features: Dining Area, Double Sink, Flooring - Laminated, Kitchen Island
Level: Main

Living room

Features: Flooring - Laminated
Level: Main

Mud room

Level: Main

Heating

Forced Air, Electric

Cooling

Ceiling Fan(s), Window Unit(s), Electric

Appliances

Included: Oven/Range - Electric, Electric Water Heater
Laundry: Mud Room

Features

Flooring: Ceramic Tile, Laminate, Hardwood
Has basement: No
Number of fireplaces: 1
Fireplace features: Brick, Wood Burning

Interior area

Total structure area: 1,967
Total interior livable area: 1,967 sqft
Finished area above ground: 1,967
Finished area below ground: 0

Property

Parking

Parking features: Gravel, Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Porch
Pool features: None
Has view: Yes
View description: Trees/Woods

Lot

Size: 3.77 Acres
Features: Backs to Trees, Private, Rural, Secluded, Near National Park

Details

Additional structures: Above Grade, Below Grade
Parcel number: 36A 2 2 65
Zoning: C1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Block
Roof: Architectural Shingle

Condition

New construction: No
Year built: 1967

Utilities & green energy

Sewer: Gravity Sept Fld
Water: Well

Community & HOA

Community

Subdivision: Lost Valley

HOA

Has HOA: Yes
Services included: Road Maintenance
HOA fee: $400 annually

Location

Region: Madison

Financial & listing details

Price per square foot: $109/sqft
Tax assessed value: $126,900
Annual tax amount: $939
Date on market: 11/26/2025
Listing agreement: Exclusive Agency
Ownership: Fee Simple
Road surface type: Gravel

Estimated market value

$209,900

$199,000 - $220,000

$1,967/mo

Price history

Date	Event	Price
12/19/2025	Price change	$215,000-5.7%$109/sqft
Source: Bright MLS #VAMA2002552 Report a problem
12/9/2025	Listed for sale	$228,000+3.6%$116/sqft
Source: Bright MLS #VAMA2002552 Report a problem
11/23/2022	Sold	$220,000-12%$112/sqft
Source: Bright MLS #VAMA2000694 Report a problem
11/13/2022	Pending sale	$249,900$127/sqft
Source: Bright MLS #VAMA2000694 Report a problem
10/29/2022	Contingent	$249,900$127/sqft
Source: Bright MLS #VAMA2000694 Report a problem