About This Home

This 4-bedroom, 3-bathroom single family at 1574 Riverwood Drive in Lancaster, VA is listed for $995,000 ($391 per sqft). Built in 1990, the home offers 2,544 sqft of living space on a 1.39 acres lot.

Key Features

  • Built in 1990
  • 1.39 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full, 1 half
1-car garage
1990

Amenities

FireplaceWaterfrontViewA/C
Listing Description

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 owner's 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 Kilmarnock's restaurants, shops, and amenities, this is an outstanding opportunity to enjoy luxury waterfront living in one of the Northern Neck's most desirable waterfront communities.

Monthly Cost Estimate

$5,651/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290
HOA$330

Estimates only. Actual payments may vary.

Location

1574 Riverwood Drive

Lancaster, VA 22503

Riverwood

Features & Amenities

Interior Features

BedroomOnMainLevelCeilingFansEnSuiteBathroomFullBathOnMainLevelFireplaceHighCeilingsCableTvWalkInClosets

Exterior Features

BoatLiftDeckDock

Property Details

Flooring

WoodTile

Construction

Mixed VinylSiding WoodSiding

Views

Water

Outdoor Features

PorchDeck

Parking

GarageOversize

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Heat PumpElectric

Appliances

DryerDishwasherElectricWaterHeaterGasCookingMicrowaveOvenRangeRefrigeratorWineCoolerWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 1574 Riverwood Drive is listed at $995,000 ($391/sqft). The estimated monthly payment is $5,651 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $330/month.

Key features include: Built in 1990, 1.39 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: BedroomOnMainLevel, CeilingFans, EnSuiteBathroom. Exterior Features: BoatLift, Deck, Dock.

This property is listed by Robert B. Bragg IV.

RI

Robert B. Bragg IV

License 0225188659

Agent at Bragg & Company

Listed by Bragg & Company · Broker phone: 8044352299 · View on Broker Site · Broker website

MLS# 202601334· Source: Chesapeake Bay & Rivers Association of Realtors· 94 days on PropertySimple

Copyright © 2026 Chesapeake Bay & Rivers Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1574 Riverwood Drive, Lancaster, VA 22503

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