Own This Property for $8k Down + $832/month – No Bank, No Credit Check!
Waterfront Land for Sale in Virginia on Leesville Lake
Buy your lifetime pass to the lake life with the most affordable watefront lot on Leesville Lake, just 23 minutes from Altavista.
- 100 feet of Shoreline!
- Dock-Eligible
- Excellent Privacy w/Very Few Neighbors
- Cul-de-sac Road Frontage w/Power
- Very Buildable – Well Above Floodplain
- Lowest Priced Waterfront Lot in the entire Community!
- Owner Financing Available: $8k down, $832/month – No Bank, No Credit Check
Tucked away at the end of a quiet cul-de-sac in the peaceful Runaway Bay community, this 0.69-acre waterfront property on Leesville Lake offers the kind of privacy and lake access that’s becoming increasingly hard to find. With approximately 100 feet of shoreline, you’ll enjoy your own direct connection to the water—perfect for relaxing mornings, fishing, or simply taking in the tranquil views.
The lot’s gentle slope leads naturally toward the water, creating an ideal setting for a future home that captures both elevation and scenery. Importantly, the homesite sits well above the floodplain, giving you peace of mind and a clear path to building. Even better, the property is eligible for a dock permit, allowing for quick and easy boat access so you can fully enjoy everything the lake has to offer.
Surrounded by nature and with very few neighboring homes nearby, the setting feels private and serene, making it an excellent retreat from the pace of everyday life. A power box is already in place at the cul-de-sac road frontage, helping simplify your future building plans.
Despite the seclusion, you’re only about 23 minutes from Altavista, where you’ll find convenient shopping, dining, and essentials, including a Walmart. It’s the perfect balance of quiet lakeside living and accessibility.
As the lowest priced waterfront lot in the entire Runaway Bay community, this property represents an exceptional opportunity to secure a premium homesite at a value that’s hard to match. Owner financing is also available, making it easier than ever to turn your vision of lakefront living into reality.
Whether you’re looking to build a full-time residence or a weekend getaway, this is your chance to claim a postcard-quality piece of Virginia waterfront—grab it today at an unbeatable Acretown price!
Call or text Scott directly at 314.639.9777 or email info@acretown.com if you have any questions or would like to make an offer.
Si habla español, por favor pida por Andy en nuestro equipo y él estará encantado de ayudarle.
We’ve posted a lot of info below – including critical instructions for visiting the property – so please keep reading!
Best Deal in the Market – Check Zillow or Redfin and You’ll Agree!


After opening this map, you may see even more information about the area by clicking on Map Legend, then Overlays.

- CASH PRICE: $34,900
- OWNER FINANCED DEAL: $8k down, $832/month – no bank, no credit check (see full details in FINANCING section below)
- ADDRESS (street # estimated – use GPS for navigation): 100 Waterway Court, Lynch Station, VA 24571
- SIZE: 0.69 acres
- GPS COORDINATES: 37.084070, -79.411212
- PARCEL #: 96A-7-287
- ABRIDGED LEGAL DESCRIPTION: Runaway Bay Lot 287 Phase 7 / Acres: 0.69
- FULL LEGAL DESCRIPTION: view here
- PLAT MAP/SURVEY: view here (get County’s boundary/KML file here – opens in Google Earth)
- TITLE: General Warranty deed (clean – no back taxes, no liens)
- MINERAL RIGHTS: any mineral rights we own will convey to buyer (we assume previous severance of mineral rights by a previous owner, but mineral exploration is not allowed here anyway)
- DIMENSIONS (approximate): starting at SW corner 30′ N (along cul-de-sac) x 431′ NE/SE x 102′ SW (along shoreline) x 412′ NW/W to POB
- FLOODPLAIN: none
- WETLANDS: none
- ELEVATION: 709 feet
- TERRAIN: gentle slope
- CONDITION: undeveloped, wooded
- ACCESS: 30 feet of direct frontage on the Waterway Court cul-de-sac, a paved private road
- POWER: available along road frontage thru Southside Electric Company (800-552-2118, https://www.sec.coop)
- WATER: well would need to be installed
- WASTEWATER: septic system would need to be installed and neighbor Daniel Mayhew can do it (his phone # provided upon request)
- The built-in savings you receive on all Acretown properties frees up extra money to install a variety of conventional and more modern, non-conventional septic systems, like mound systems, pressurized dosing, plastic chamber leach fields, aerobic treatment, etc. (which have become popular solutions in rare cases of non-satisfactory perc tests).
- TAXES: $337.50 in 2025
- HOA: Runaway Bay (434-309-1727)
- HOA FEES: $571 per year
- DEED RESTRICTIONS: Runaway Bay CC+R’s
- residential use only
- minimum home size = 160o sf
- on-site construction only
- temporary trailer living OK only during construction
- view full document here
- ZONING: Residential – Single Family, Conditional (R-SF, C)
- Runaway Bay CC+R’s above prevail since they are more restrictive
- SCHOOL DISTRICTS: Altavista (Elementary) – Altavista (Middle School) – Altavista (High School)
- NEAREST CITIES: Altavista < Lynchburg < Richmond
- NEAREST AIRPORTS: Lynchburg Regional (44 mins), Roanoke-Blacksburg Regional (1 hr 16 mins), Richmond International (3 hours)
- COUNTY GOVERNMENT:
- Assessor (434-592-9568)
- Treasurer (434-332-9590)
- Clerk/Recorder (434-332-9517)
- Planning & Zoning (434-332-9596)
- County GIS
READY TO TAKE THE NEXT STEP?
Reserve this property for 24 hours while you review the agreement.
$499 REFUNDABLE – APPLIED TO PURCHASE – NO OBLIGATION

coming soon . . .

OWNER FINANCING: We do offer owner financing under the following terms:
- Owner Financed Price = $38,900
- Down Payment = $8,000
- Monthly Payment = $832.13
- Term = 4 years (48 months)
- Interest Rate = 10.9%
- No Pre-Payoff Penalty!
- No Bank, No Credit Check!
We have a two-week waiting period after the posting of our original MLS listing before we open up the owner-financing option. Also, if you would like to make a larger down payment in exchange for a slightly lower interest rate and/or fewer payments, we can certainly accomodate that, so just let us know! Or you don’t have the full payment now but expect to have it within the next 90 days? We may be able to custom design an installment plan that works for you, so just reach out to us and ask. If you’d like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info@acretown.com and we’ll get you set up!
OUTSIDE FINANCING: Your best deal for third-party financing will probably come from Colonial Farm Credit and their details are below:
Colonial Farm Credit offers a quick and easy process, and can help you get a great deal. They require 20% down, and a 20 year term. For more info, feel free to contact them at (434) 237-7910, or visit their nearest office: 22776 Timberlake Rd, Lynchburg, VA 24502. There are no pre-payoff penalties.

Outdoor recreation is a major highlight of the area with Leesville Lake – which is right out your backdoor – serving as a favorite for boating, kayaking, and striped bass fishing on its quieter, uncrowded waters, while Pittsylvania Wayside Park offers scenic picnic areas, river access, and open green space perfect for relaxing afternoons along the Staunton River. For those who enjoy hiking, fishing, boating, or wildlife viewing, Smith Mountain Lake State Park, provides thousands of acres of wooded terrain to explore and is a water enthusiast’s dream. Everyday essentials are covered in Altavista, the nearest town that offers a Walmart, along with additional retail, dining, and medical services. When you’re looking for big-city amenities, entertainment, and an international airport, Richmond is the nearest major city.
NEARBY – Leesville Lake (1 min), Tri-County Marina (16 mins), English Park (25 mins), Pittsylvania Wayside Park (27 mins), Smith Mountain Lake State Park (29 mins), Smith Mountain Cooperative Wildlife Management Area (32 mins), Falling Creek Park (41 mins), New London Tech Trails (43 mins), Smith Mountain Lake Dam (56 mins), and more!
ALTAVISTA (23 mins, nearest Walmart)
- RETAIL – Walmart, Dollar General, Dollar Tree, Family Dollar, Food Lion, Town and Country Shopping Center, and more!
- RESTAURANTS – McDonalds, Wendy’s, Dairy Freeze, Taco Bell, Hardee’s, Dunkin, Subway, Domino’s Pizza, Pizza Hut, and more!
- MEDICAL SERVICES? Yes, Centra Medical Group – Altavista, The Medicine Shoppe Pharmacy, Central Virginia Family Physicians, and more.
- RECREATIONAL – Leesville Lake, Pittsylvania Wayside Park, Long Island Park, Avoca Museum, English Park, and many more!
RICHMOND (2 hrs 45 mins, nearest major city)

You can go view the property at your convenience – owner does not need to accompany. Please call/text us to let us know you’re heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We’d appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.
DRIVING DIRECTIONS: Click HERE to open the destination in Google Maps, and simply enter your starting point to get step-by-step directions.
- From this link, you can press “Directions” (on the left), enter your starting point, and Google Maps will provide you with step-by-step directions.
- You can also click “Send to Phone” if you’re viewing this on your computer
- And “Save” to download the directions so they’ll still work if you lose cell service.
If for some reason you’re having trouble with that link, you can navigate to GPS coordinates: 37.084070, -79.411212
WALKING THE PROPERTY LINES w/YOUR PHONE: We highly recommend downloading Google Earth to your phone if you don’t already have it. Then . . .
- Download the property boundary file (called a KML or KMZ file) here. You may be prompted to click “download” one more time, so do that . . . OR you may be prompted to immediately open the file with Google Earth and, in that case, do that and ignore the remaining steps. Otherwise . . .
- Open Google Earth
- Go to the main menu (the three horizontal lines at the top left of the screen), then Projects > Open > Import KML file > select the KML file you just downloaded (it should show up on that screen).

Now you should be able to see the property lines on the map, and the green dot represents where you’re currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.

Call or text Scott directly at 314.639.9777 or email at info@acretown.com if you’d like to discuss an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you.
FOR SALE BY OWNER: We are investors, and are selling this lot For Sale By Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a realtor, then you’re welcome to have them contact us on your behalf. We do offer 2.5% commission to buyer agents.

WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that’s our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).
DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyer’s responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable useage for the property. We are happy to help however we can.

Hundreds of buyers have successfully purchased land from Acretown. This simple reservation just holds the property while you review the agreement.
$499 REFUNDABLE – APPLIED TO PURCHASE – NO OBLIGATION
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