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Listing Courtesy Of:
Lauren Bell Real Estate, Inc., Martin Donovan
Local Realty Services Provided By:
Keller Williams Realty Lynchburg
Overview
What It'll Cost
7505 Timberlake Road, Lynchburg, VA 24502
6 Beds
6 Baths
7505 Timberlake Road, Lynchburg, VA 24502
Estimation provided by Keller Williams Realty Inc.
6 Beds
6 Baths
Property Description
Zoned B-1, R-C, R-1. There are separate buildings on the property the main house is known as the Big Cottage which offers 2 bedrooms, 1 bath, living room/dinning, along with covered front porch, laundry and back deck area over looking the farm! The Red barn offers three individual studio apartments with full bath and bistro kitchen fully furnished there is an additional unit in the barn that is nearly completed which would make 4 units! The entire east side border of property is dreaming creek! It's a beautiful park like setting with large field along creek! This is by far one of the most unique properties! Great potential with adjoining property MLS #350077 15.50 acreage at $299K listed with Realty One Group both parcels together would allow 20 Acres in sought after Timberlake Rd! Development potential!!!!Would make a great 55+ community with access to Timeberlake and Roundelay Circle! Opportunity for a development area with adjoining acreage or already a working Airbnb!
Property Details
Compare This Home
Overview
Property Type
Single Family Residence
Property Size
Year Built
1946
Days on Site
530 Days
HVAC
Heat Pump, Mini-Split, Wall/Space Unit
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$798,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/12/2025
Price Decrease
(-0.06% )
01/17/2025
Price Decrease
(-0.06% )
05/06/2024
Price Decrease
(-11.07% )
03/05/2024
Price Decrease
(-0.11% )
01/03/2024
Price Decrease
(-5.22% )
10/18/2023
Listed
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(-2.74% )
Land 231,300 +
Additions 116,700
2022
Land 231,300 +
Additions 55,600
2020
Land 231,300 +
Additions 55,600
2019
(-16.74% )
Land 231,300 +
Additions 55,600
2017
Land 289,000 +
Additions 55,600
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.