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506 Lancey Drive

Midlothian, VA 23114

4 beds
4 baths
3,140 sqft
13,068 sqft lot
$168 per sqft
1986 build
– on site

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** This home comes with a REDUCED RATE as low as 5.875% (APR 6.314%) through List & Lock™. This is a seller paid rate-buydown that reduces the buyer’s interest rate & monthly payment. ** 506 Lancey Drive is a charming colonial residence with walk out basement nestled in the highly desirable Walton Park subdivision. This spacious home boasts 3,140 square feet of thoughtfully designed living space, making it an ideal setting for both relaxation & entertainment. Upon entering, you'll be greeted by a welcoming foyer that flows seamlessly into a cozy living room & elegant dining room, perfect for hosting all your gatherings. The heart of the home is the expansive, eat-in kitchen, featuring granite countertops, white cabinets & overlooking the lush backyard. The family room creates a warm & inviting atmosphere for cozy evenings. This home offers 4 bedrooms, including a primary suite with a walk-in closet & en-suite bath for your comfort & privacy. The finished walk out basement is versatile & perfect for your private guest suite. In the basement, you'll find a spacious rec room, bedroom with full bathroom & additional room for a home office (or 5th BR). Outside, the landscaped yard provides a serene retreat & invites you to enjoy outdoor living in a peaceful setting. You will find a custom deck with built in seating & a storage shed for all your tools. For your convenience, there is plenty of parking with a 1 car garage & oversized driveway that holds 4 to 6 vehicles. Plus, you're just 1 block from the community amenities including the beautiful pool (perfect for summer fun & relaxation), tennis courts, playground & clubhouse. Every December you're right in the middle of the best Tacky Light Run in Richmond! This home is not just a place to live; it’s a lifestyle choice, combining comfort, style, & convenience in one of Richmond's most sought-after neighborhoods. Come enjoy the Walton Park lifestyle! List & Lock™ rates as of 12/20/24. Terms apply. Call list agent to learn more.

Listing courtesy of CVRMLS / NextHome Advantage

Last checked: Checking… • Last updated Apr 23, 2025 •

MLS# 2427884 —

The Building

Year Built:

1986
Year Built Details:

Actual
New Construction:

false
Construction Materials:

Block,Drywall,Hardboard
Architectural Style:

Colonial,TwoStory
Roof:

Shingle
Exterior Features:

Deck,Porch,Storage,Shed
Stories Total:

2
Stories:

2
Levels:

Two
Basement:

Full
Basement:

true
Patio And Porch Features:

FrontPorch,Deck,Porch
Security Features:

SmokeDetectors
Building Area Source:

Assessor
Below Grade Finished Area:

900.0
Below Grade Unfinished Area:

300.0

Interior

Interior Features:

CeilingFans,DiningArea,SeparateFormalDiningRoom,DoubleVanity,EatInKitchen,Fireplace,GraniteCounters,BathInPrimaryBedroom,WalkInClosets
Flooring:

CeramicTile,PartiallyCarpeted,Wood
Rooms Total:

8
Fireplace:

true
Fireplace Features:

WoodBurning
Fireplaces Total:

2
Laundry Features:

WasherHookup,DryerHookup

Room Dimensions

Living Area:

3140.0
Living Area Source:

Assessor

Financial & Terms

Possession:

CloseOfEscrow

The Property

Parcel Number:

734-70-36-07-000-000
Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Subtype Additional:

SingleFamilyResidence
Property Condition:

Resale
Property Attached:

false
Lot Features:

Landscaped
Lot Size Acres:

0.3
Lot Size Area:

0.3
Lot Size Units:

Acres
Zoning Description:

R12
Fencing:

None
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

16
Tax Annual Amount:

3454.36
Tax Assessed Value:

426800
Tax Legal Description:

WALTON PARK L 16 BK I SEC N

Beds

Bedrooms Total:

4

Baths

Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Heating & Cooling

Cooling:

CentralAir,Electric
Cooling:

true
Heating:

ForcedAir,HeatPump,NaturalGas
Heating:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Dishwasher,Disposal,GasWaterHeater,Microwave

Schools

Elementary School:

Watkins
Middle Or Junior School:

Midlothian
High School:

Midlothian

The Community

Subdivision Name:

Walton Park
Community Features:

HomeOwnersAssociation
Pool Features:

None

Parking

Garage:

true
Garage Spaces:

1.0
Parking Features:

OffStreet,GarageFacesRear

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$209/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
2/28/25 Feb 28, 2025	Sold	CVRMLS	$530,000	-1.8%
1/18/25 Jan 18, 2025	Pending	CVRMLS	$539,950
1/3/25 Jan 3, 2025	Price Changed	CVRMLS	$539,950	-1.8%

House Sold on 2/28/2025

$530,000

Listing provided by broker:

Adam Carpenter

NextHome Advantage

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Listing Courtesy of: CVRMLS and NextHome Advantage.

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted complication of Listings. All CVRMLS information is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

IDX information is provided exclusively 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.

506 Lancey Drive

Midlothian, VA 23114