Sold

1042 Runaway Bay Rd

Lynch Station, VA 24571 · Runaway Bay

Sold for $480,000

on Jun 24, 2026

  • 2beds
  • 2.5baths
  • 2,815sq ft
  • 2.9acres
  • 2002built

Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate

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About this home.

With its iconic A-frame architecture, soaring cathedral ceilings, and expansive main channel views, the home offers the perfect blend of rustic warmth and timeless waterfront appeal. Designed for comfortable entry-level living, the interior is filled with natural sunlight that pours through the dramatic wall of windows, bringing the beauty of the outdoors inside. Warm wood accents, inviting gathering spaces, and tranquil lake views create an atmosphere that feels both cozy and unforgettable -- the kind of place where generations of lake memories are made. The lower-level stamped concrete patio provides the perfect setting for quiet mornings, evening gatherings, or simply relaxing while surrounded by nature and peaceful water views. Positioned on a quiet section of the lake, the property offers the rare combination of wide-water scenery and a serene, private atmosphere. Adding tremendous value and flexibility, the property also includes an additional buildable waterfront lot next door -- ideal for creating a guest home, expanding your lakefront footprint, or preserving as a natural buffer for enhanced privacy. Lovingly maintained and full of character, this special waterfront retreat is ready to welcome its next chapter.

Facts and features.

The home

Type
House (Single Family Residence)
Style
Other - See Remarks
Bathrooms
2 full, 1 half

Inside

Basement
Full
Finished basement
1,210 sq ft
Fireplaces
1
Flooring
Tile, Wood
Interior features
Ceiling Fan(s), Cathedral Ceiling(s)

Outside and lot

View
lake
Lot setting
Wooded
Water
Main Channel
Zoning
R-1

Utilities

Heating
Heat Pump Electric
Cooling
Heat Pump Electric
Water source
Private Well

Community

Subdivision
Runaway Bay
HOA dues
$550 annually
Community features
Tennis Court(s)
County
Campbell County

The listing

Annual tax
$2,628 (from the listing)
Source
Roanoke Valley Association of REALTORS® MLS #927362

Price and status history.

15

days on market

99%

of the original asking price

DateEventPrice
Jun 24, 2026Sold$480,000
May 8, 2026Listed for sale$485,000

Price per square foot

This home$171
Lynch Station house median, 2026$241

Sale price per finished square foot, compared with the median of 12 houses sold in Lynch Station in 2026. 29% below the median.

Location.

1042 Runaway Bay Rd, Lynch Station, VA 24571

Listing information

Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information 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. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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