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!
For sale
Price cut: $500 (3/12)
$798,000
7505 Timberlake Rd, Lynchburg, VA 24502
6beds
1,284sqft
Est.:
Single Family Residence
Built in 1946
5.5 Acres Lot
$-- Zestimate®
$621/sqft
$-- HOA
What's special
Red barnIndividual studio apartmentsCovered front porchBistro kitchenBack deckDreaming creek
- 556 days
- on Zillow |
- 466 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2025 at 01:35pm
Listed by:
Martin Donovan 727-512-1704 Martindonovanrealtor@gmail.com,
Lauren Bell Real Estate, Inc.
Source: LMLS,MLS#: 348770
Originating MLS: Lynchburg Board of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Level: Second
- Area: 240
- Dimensions: 12 x 20
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom 2
- Level: Second
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: First
- Area: 120
- Dimensions: 12 x 10
Bedroom 4
- Level: First
- Area: 144
- Dimensions: 12 x 12
Bedroom 5
- Level: First
- Area: 144
- Dimensions: 12 x 12
Dining room
- Area: 0
- Dimensions: 0 x 0
Family room
- Area: 0
- Dimensions: 0 x 0
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Area: 0
- Dimensions: 0 x 0
Living room
- Area: 0
- Dimensions: 0 x 0
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Heat Pump, Wall/Space Unit
Cooling
- Heat Pump, Mini-Split
Appliances
- Included: Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
- Laundry: Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Apartment, Ceiling Fan(s), Drywall, High Speed Internet, Paneling, Plaster, Workshop
- Flooring: Laminate, Wood
- Windows: Drapes
- Basement: Partial
- Attic: Scuttle
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace, Living Room
Interior area
- Total structure area: 1,284
- Total interior livable area: 1,284 sqft
- Finished area above ground: 1,284
- Finished area below ground: 0
Property
Features
- Levels: Two
- Exterior features: Garden
- Fencing: Fenced
Lot
- Size: 5.5 Acres
- Features: Landscaped
Details
- Additional structures: Airplane Hangar, Storage, Workshop
- Parcel number: 24902001
- Special conditions: Farm (Possible)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Roof: Shingle
Condition
- Year built: 1946
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available, Cable Connections
Community & HOA
Community
- Subdivision: Timberlake Commercial Corridor
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $621/sqft
- Tax assessed value: $348,000
- Annual tax amount: $3,127
- Date on market: 10/18/2023
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