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55 Lake Dr, Edinburg, VA, 22824

2beds
1baths
1,092sqft
$299,000
$274price/sqft
$1,994/moest. monthly cost
$79,760/yrincome needed

About This Home

Your Riverfront Oasis Awaits! Nestled on 1.10 acres across two tax parcels along the North Fork Shenandoah River with 153 feet of river frontage, this fully remodeled (2020) 2-bedroom, 1-bath home offers the perfect blend of modern comfort and peaceful waterfront living in Virginia's beautiful Shenandoah Valley. With 1,092 square feet of thoughtfully updated living space, you'll find original hardwood floors, a beautifully renovated kitchen with soapstone countertops, an updated bathroom, fresh finishes, a cozy wood stove, and a bright sunroom ideal for morning coffee or evening relaxation. The 780-square-foot unfinished basement provides abundant storage, workshop, or hobby space. Outside, enjoy a storage shed, oversized metal carport, maintenance-free aluminum siding, and a freshly painted metal roof that creates the perfect soundtrack during a gentle rain. Bank recently cleared. Major improvements include a complete remodel in 2020, an alternative septic system (2009) serviced in 2026, and an oil furnace (2009). Conveniently located just minutes from I-81, this riverfront property is ideal as a primary residence, vacation home, weekend getaway, Airbnb or short-term rental!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

3/10
6/10
6/10
Central High SchoolGrades 9-124.5 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1966

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Cooktop,Microwave,Water Heater,Electric Water Heater
  • Laundry features: In Basement,Hookup

Basement

  • Area: 780

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

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

Features

  • Bathroom - Tub Shower,Combination Kitchen/Dining,Eat-in Kitchen,Upgraded Countertops,Floor Plan - Traditional,Dry Wall
  • Door features: French Doors,Insulated
  • Window features: Low Emissivity Windows,Double Hung
  • Flooring: Hardwood,Laminate,Luxury Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,092

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,872
  • Total interior livable area: 1,092 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 070B03025
  • Zoning: R-1 LOW DENS. RESIDENTIAL
  • Zoning description: Medium Density Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • On waterfront: Yes
  • Waterfront features: River
  • Waterbody name: North Fork Of The Shenandoah River
  • Frontage length: Water Frontage Ft: 153

Lot

  • Lot size: 1.10 Acres
  • Features: Wooded,Other

Parking

  • Total spaces: 2
  • Parking features: Gravel,Detached Carport,Driveway
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Cold Wave
Drought
Hail
Hurricane
Lightning
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance *$123$1,476
Property Taxes $158$1,896
Electricity $202$2,433
Total$1,994$23,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,365/yr
40% on housing$59,820/yr
45% on housing$53,173/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$274This listing

vs Other Active Listings

Avg $/sqft

ZIP 22824$168
Shenandoah County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 22824
Shenandoah County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Price change$299,000
2026-07-16Listed for sale$329,000
2020-09-21Sold$115,000
2020-09-02Pending sale$115,000
2020-09-01Listed for sale$115,000
2020-08-11Pending sale$115,000
2020-08-10Listed for sale$115,000

For Sale by Agent

AgentJEANETTE LANTZ
BrokerageMay Kline Realty, Inc

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