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385 Lakeland Ln, Faber, VA 22938

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For Sale
Foreclosure

$220,000

3 beds • 4 baths • 1,875 sqft

Estimated Payment

$ 1,259 /mo. †

6.65% APR for 30 yrs.
$1,550 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $117.33
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Wonderful location nestled near the quaint community of Nellysford and close to Wintergreen Resort. This has two living spaces for those searching for a Multi-Generational place. Two kitchens, bedroom(s) on both levels with privacy. The home will need some repairs to bring it back to its prior condition. This is a HUD owned property and for full all details visit the HUDhomestore.gov. The home is sold strictly as-is where-is. The seller will make no repairs. All offers are submitted online with a Realtor/Broker who is registered. All information is deemed reliable, however use your own Due Diligence NOTE: Setup and Transfer Fees have not been made available.
MLS# 662053

Courtesy Of City County Properties Inc dba 1st Choice Real Estate

(540) 886-0145

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Contemporary
  • Cooling System
    Central A/C
  • Floor Covering
    Carpet, Vinyl, Wood
  • Heating System
    Central Furnace
  • Lot Size
    2.86 Acres
  • Rooms
    Basement, Dining Room, Great Room, Kitchen

Map and Directions

Directions to 385 Lakeland Ln, Faber, VA 22938

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,130
  • Property Taxes
    $129
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,259

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Rockfish River Elementary School

Grades PK-5 Public School

Afton, VA 22920 5.7 miles
200 chapel hollow rd

279 total students
12:1 Student teacher ratio

School Rating: A

School Details

Nelson Middle School

Grades 6-8 Public School

Lovingston, VA 22949 9.3 miles
6925 thomas nelson hwy

386 total students
12:1 Student teacher ratio

School Rating: C+

School Details

Nelson County High School

Grades 9-12 Public School

Lovingston, VA 22949 9.4 miles
6919 thomas nelson hwy

570 total students
12:1 Student teacher ratio

School Rating: B-

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Faber, VA 22938

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Faber, VA 22938

This community’s employment is highest in the administrative support and construction industries. The area’s overall household expenses are above the national average.

86° July
Hottest Average Month
25° January
Coldest Average Month
558 Total Households in Area
-2.5% Increase in population since the year 2010
16.3%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Faber, VA 22938

Faber, VA 22938 has a population of 1,289 people in 558 households with a median age of 49.7 years old.

-2.5%
Decrease in population
since the year 2010
Population is Trending down
568
Total households as of 2010
2.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 49.7 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 81%
Black 8%
Hispanic 6%
Other 4%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 81%, followed by Black at 8%, Hispanic at 6%, and Other at 4%.

Economics
for Faber, VA 22938

33 /sq mi
Population Density
$71,080 /yr
Median Household Income
$200,000
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.31% of the households.

Transportation to Work

  • Drive 72%
  • Work from Home 25%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 403 61%
Rented 155 23%
Vacant 106 16%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for Faber, VA 22938

49.7 Median Age

Average Household Size

2.3
persons per
household

45.4%

Married Households

Community Population By Education

High School Graduate 25%
Bachelors Degree 21%
Some College 19%
Graduate Degree 18%
Some High School 13%
Associates Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 25.4% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
16.2% of households have children

Weather
for Faber, VA 22938

The weather for this area ranges from a high of 86° F in July to a low of 25° F in January

86° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
45°
Feb
26°
48°
Mar
33°
57°
Apr
42°
67°
May
51°
75°
Jun
60°
82°
Jul
64°
86°
Aug
62°
85°
Sep
55°
79°
Oct
44°
69°
Nov
35°
58°
Dec
27°
47°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Greater Augusta 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. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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