$299,000

3114 Lake Terrace Ct Unit 92 Richmond, VA 23235

$3,551
Closing credit¹
2 beds
2 full
1,207 sqft
0.04 acres
$248 / sqft
Condo

Property details

About 3114 Lake Terrace Ct Unit 92

Lakeside Living Awaits in Summerhill’s 55+ Community! Welcome to a home where comfort, convenience and charm come together in perfect harmony. Nestled in the desirable Summerhill 55+ community in Bon Air, this 2-bedroom, 2-bath condo offers 1,207 square feet of thoughtfully designed living space and beautiful lake views. Step inside and discover open-concept living, where new luxury vinyl tile (LVT) flooring flows seamlessly throughout. The gas fireplace with a classic mantle creates a warm and inviting focal point, perfect for cozy evenings at home. Overhead, a stunning Mid Century Modern light fixture adds a touch of elegance, enhancing the ambiance of this welcoming space. The compact yet well-appointed kitchen is designed for efficiency and style, offering ample storage, counter space, and modern conveniences to make meal preparation effortless. Adjacent to the main living area, a versatile Office/Dining Room with charming bay window is ideal for a formal dining area, home office, or reading nook—tailor it to fit your lifestyle. Both bedrooms have plush carpeting for added comfort and ample closet space; while the pull-down attic access provides access to a floored attic, ensuring extra storage space that we all need. Outside, enjoy the best of lakeside living. Start your morning on the welcoming front porch, greeting neighbors as they stroll by, and end your day on the 13' x 8' back deck, where the serene lake view provides the perfect backdrop for relaxation. Life at Summerhill offers more than just a home—it’s a community. Enjoy an active social calendar at the clubhouse, explore the community garden, or lose yourself in a great book at the on-site library. With 24/7 video surveillance, you’ll also have peace of mind in this well-maintained and secure neighborhood. Don’t miss this opportunity to own a piece of serene, low-maintenance lakeside living in one of Bon Air’s most desirable 55+ communities.

Highlights

Home typeCondominium
HeatingHeat Pump, Natural Gas
StatusActive
CoolingCentral Air
Size1,207 sqft
Lot size0.0351 Acres
Year built1996
ParkingAssigned, Guest
MLS #2502583
WaterfrontLake Front, Waterfront
FireplaceGas, Masonry, Vented, Insert
ViewWater

Virtual tour

Summary

  • MLS Number: 2502583
  • MLS Name: CVR
  • Office Name: Long & Foster REALTORS
  • Office Phone: (804) 269-1605
  • Listing Agent: Karen Steen

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided 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
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring central air condition unit

$299,000

3114 Lake Terrace Ct Unit 92

$3,551

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Bon Air Elementary School

Public District PK-5

0.8 mi

8701 Polk St

2

J.B. Fisher Elementary School

Public District PK-5

1.0 mi

3701 Garden Rd

7

Greenfield Elementary School

Public District PK-5

1.9 mi

10751 Savoy Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,613. Typical income of Richmond, VA residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
46%
35k-100k
21%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
7%
Single, with Kids
27%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • QdobaQdoba

What do the neighbors drive?

  • LincolnLincoln
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3114 Lake Terrace Ct Unit 92

This home is located at 3114 Lake Terrace Ct Unit 92 in Richmond, VA and zip code 23235 in the South Side neighborhood. This 1,207 square foot home, which was built in 1996, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $299,000.

While more than 70 listings in Richmond, VA in January 2025 were sold above asking price, there were more than 52 listings sold at asking price, and more than 96 were sold below. The inventory of homes for sale in Richmond, VA between December and January 2025 decreased by 0.2%. Listings spent 29 days on the market in January 2025, and had a median list price of $364,929 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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