Why Live in Lake Of The Woods
Lake of the Woods, commonly known as LOW, is a gated community covering 2,600 acres near Fredericksburg. Initially a vacation destination, it has evolved into a residential suburb with many permanent residents. The neighborhood's location near Route 3 provides easy access to I-95, making it convenient for commuters traveling to Fredericksburg, Northern Virginia, Richmond, or Washington D.C. Homes in LOW include ranch-style, colonial, and contemporary designs, with many offering waterfront views and private boat docks. The area is car-dependent, with no sidewalks or public transportation. Residents enjoy various attractions, including five parks with playgrounds, tennis courts, and community pools. The two lakes are popular for swimming, boating, and fishing, and there are marinas at both ends of Main Lake. The community center features indoor sports facilities and a stage for theater productions, while the Lake of the Woods Golf Club offers an 18-hole course and a pro shop. An equestrian center is also available along Lakeview Parkway. Shopping and dining options are mainly along Route 3, with stores like Walmart and Food Lion, and local eateries such as ClearWater Fire-Grill and Tokyo Restaurant. Annual events like the Independence Day Celebration and the Holiday Home Decorating Contest foster a strong community spirit among residents.
Home Trends in Lake Of The Woods, VA
On average, homes in Lake Of The Woods, VA sell after 48 days on the market compared to the national average of 50 days. The median sale price for homes in Lake Of The Woods, VA over the last 12 months is $439,999, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$439,999
Median Single Family Sale Price
$449,949
Average Price Per Sq Ft
$221
Number of Homes for Sale
43
Last 12 months Home Sales
261
Median List Price
$459,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%