1574 Riverwood Drive

Lancaster, VA
$ 1,075,000 Beds 4 Baths 2.5 Sq 2,554 Virtual Tour
Monthly Estimate* How much can I afford?

Completely transformed and beautifully reimagined, this exceptional waterfront home offers commanding views across the Eastern Branch of the Corrotoman River with over 5 feet of mean low water, a private pier with power and water, and a 10,000-pound boat lift ready for your next adventure. Nestled on a private, wooded setting in the highly desirable Riverwood community, the home has been extensively renovated with a stunning designer kitchen, beautifully updated baths, powder room, and tasteful finishes throughout, creating a move-in-ready waterfront retreat. The thoughtfully designed floor plan features four bedrooms, 2.5 baths, and a sought-after first-floor owners suite with direct access to the expansive waterside deck. Walls of windows fill the home with natural light while framing spectacular river views from the main living areas. Outdoor living is equally impressive, featuring an expansive waterside entertaining deck with a permanently mounted articulating umbrella for shaded dining, along with a custom propane fire pit surrounded by Adirondack seating, the perfect setting for relaxing evenings overlooking the water. Boaters will appreciate the protected deep-water dock with easy access to the Corrotoman River and Chesapeake Bay beyond. Riverwood residents also enjoy the convenience of a community boat ramp, making seasonal haul-outs, maintenance, and storm preparation exceptionally easy, along with community tennis courts and well-maintained common areas. Located just minutes from Kilmarnocks restaurants, shops, and amenities, this is an outstanding opportunity to enjoy luxury waterfront living in one of the Northern Necks most desirable waterfront communities.

ACTIVE

  • Price
  • $ 1,075,000
  • City
  • Lancaster
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • LANCASTER
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 1.39 Acres
  • Zip
  • 22503
  • Sqr Footage
  • 2,554
  • Year Built
  • 1990
  • Taxes
  • $ 3538
  • Style
  • Contemporary
  • MLS#
  • VALV2001184
Listed By: Robert Bragg with Bragg & Company Real Estate, LLC. - 8044352299;
Data Source: Bright MLS

Features

General

Living Area 2554
Sewer Septic Exists
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Settlement
Roof Composite
Appliances Range Hood,Refrigerator,Dishwasher,Microwave,Washer,Dryer
Zoning R1
HOA Fee 330.00
Garage Spaces 1.00
Patio/Porch Features Deck(s)
Architectural Style Contemporary
Construction Materials Cedar
School District LANCASTER COUNTY PUBLIC SCHOOLS
Year Built 1990
View River,Trees/Woods
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
Assoc Fee Paid Per Annually
County LANCASTER
New Construction No
Property Type Residential
HOA Yes
Subdivision Name RIVERWOOD
Garage Y/N Yes
Water Access Y/N Yes
Other Structures Above Grade,Below Grade
Full Baths 2
Status ACTIVE
Directions From Kilmarnock,take 3 north to left on Devil's Bottom to left on Riverwood almost to end. Property on right.
City LANCASTER
Body of Water Eastern Branch Corrotoman River
Disclosures Prop Disclosure
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 60548.40
Tax Assessed Value 643200.0
Tax Annual Amount 3538.0
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 420.91
Acceptable Financing Cash,Conventional,Exchange
Vacation Rental Y/N No
Total SQFT 2554
Location Type River
Standard Status Active
Year Built Source Estimated

Interior Features

Interior Amenities Ceiling Fan(s),Entry Level Bedroom,Kitchen - Island,Walk-in Closet(s),Wood Floors
Heating Fuel Electric
Basement Full,Walkout Level
Flooring Hardwood
Total Fireplaces 1
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 2554
Half Baths 1
Central Air Y/N No
Total Bedrooms 4
Room Type Dining Room,Primary Bedroom,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Family Room,Other
Main Level Bedrooms 1
LivingAreaSource Estimated
Bedrooms Count All Lower Levels 3
Bedrooms Count Lower Level 1 3
Bathrooms Half Main Level 1
Bathrooms Full Lower Level 1 1
Bathrooms Full All Lower Levels 1
Bathrooms Count Lower Level 1 1.00
Bathrooms Count All Lower Levels 1
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Exterior Amenities Outside Shower
Pool No Pool
Water Source Community
Total Parking Spaces 1
Garage Features Garage - Side Entry,Oversized
Type of Parking Detached Garage
Foundation Details Crawl Space
Water View Y/N Yes
Lot Size Acres 1.39
Water Body Type River
Lot Size Source Estimated
Waterfront Y/N Yes
Number of Docks 1
Navigable Water Y/N Yes
Number of Slips 3
Water Oriented Y/N Yes
# of Detached Garage Spaces 1
Dock/Slip Conveys YN Yes
Dock Type and Features Multiple Slip

Room Details

Bedroom 2 Lower 1
Bedroom 3 Lower 1
Bedroom 4 Lower 1
Dining Room Main
Family Room Main
Kitchen Main
Other Lower 1
Primary Bedroom Main

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbia, MD office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/31/2026 Listed $1,165,000
9/16/2026 8% - $1,075,000

Property vs Zip Code Average in 22503

Price
AVG $650K
$1.08M
Taxes
AVG $2,430
$3,538
Year Built
AVG 1980
1990
Visits
AVG 166
263
Data Provided by Inside Real Estate®

Areas That We Cover

1574 Riverwood Drive Lancaster, VA is a Single Family Home for sale at $1075000 with 2554 sqft and a lot size of 1.39 Acres Acre(s). 1574 Riverwood Drive Lancaster has 4 bedrooms, 2 baths and was built in 1990. The property's zip code is 22503 which is in Lancaster, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.