EXCEPTIONAL VALUE IN A PRIVATE, GATED LAKE COMMUNITY. Great building lot suitable for rear walkout basement. House next door to also for sale - a beautifully updated 4-bedroom, 4-bath cedar Cape Cod. The house and adjoining building lot total more than half an acre and can be purchased together for $425,000. In Lake Holiday near Winchester with a spectacular 240-acre deep-water lake, mountain views and beaches. Enjoy fishing, boating, swimming, water skiing, a clubhouse with an exercise room, walking trails, dog park, playground and picnic areas, and tennis, basketball and volleyball courts. Ideal for full-time living or weekend getaways. About 90 minutes from the beltway. An easy drive to historic downtown Winchester, Berkeley Springs and Cacapon State Park on Rt. 522. Build your dream house or hold on to this lot and watch its value grow. Or buy together with house at 128 Dogwood. Combined size of the two properties is .57 of an acre. The house at 128 Dogwood is listed for $390,000 (Lot 118, Tax Map 18A04-4A-12- 118) and the lot at 130 Dogwood for $40,000 (Lot 117, Tax Map Tax 18A04-4A-12- 117 ). Buyers responsible at settlement for the $2,000 capitalization fee for each property. Monthly HOA fees are $156 for the house and $144 for the lot next door. Water/sewer tap fee to build on the lot currently totals $5,000 and the water/sewer availability fee for the lot is $20 per month until a house is built. Gated community - buyers must be accompanied by their agents. Traffic rules strictly enforced: 25 mph speed limit and complete stop at stop signs. Airbnb and short-term rentals (less than 6 months) are not permitted. Basement bedroom's window may not meet full egress.