For sale

Price cut: $10K (8/12)

$385,000

1073 Franklin Farm Rd, Lynchburg, VA 24502

4beds

2,632sqft

$2,387/mo

Get pre-qualified

Single Family Residence

Built in 1966

5.49 Acres Lot

$388,700 Zestimate^®

$146/sqft

$-- HOA

What's special

Brick ranchPole barnHuge family roomBeautiful yardLaundry and storage roomsThree bedroomsTwo baths

Amazing opportunity to own acreage in Bedford County, just outside the city limits! Set on 5.5 acres, this brick ranch offers the feeling of a private retreat. The main level has a living room with fireplace, eat-in kitchen, three bedrooms, two baths, and a huge family room. The lower level has a second den with a wood stove, laundry & storage rooms, an additional living room, and a 4th bedroom. The home has all hardwood floors on the main level, a brand new heat pump (June 2026), a newer water heater (2024), and a newer well pump (2022). Outside, in addition to the beautiful yard, are a pole barn and a three-bay storage building/garage. This building would be perfect for a variety of uses (workshop, shop, storage, or man cave!). Just minutes from 501, Old Forest Road, or Boonsboro, this location is central to everything you need, but feels like you're miles away from the rest of the world. A property you need to see to appreciate!

23 days

2,136

127

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 143
Dimensions: 13 x 11

Bedroom

Dimensions: 0 x 0

Bedroom 2

Level: First
Area: 132
Dimensions: 12 x 11

Bedroom 3

Level: First
Area: 115
Dimensions: 11.5 x 10

Bedroom 4

Level: Below Grade
Area: 121
Dimensions: 11 x 11

Bedroom 5

Area: 0
Dimensions: 0 x 0

Dining room

Area: 0
Dimensions: 0 x 0

Family room

Level: First
Area: 300
Dimensions: 25 x 12

Great room

Level: Below Grade
Area: 552
Dimensions: 24 x 23

Kitchen

Level: First
Area: 192
Dimensions: 16 x 12

Living room

Level: First
Area: 234
Dimensions: 18 x 13

Office

Area: 0
Dimensions: 0 x 0

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven, Electric Water Heater
Laundry: In Basement, Dryer Hookup, Laundry Room, Washer Hookup

Features

Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Paneling, Tile Bath(s)
Flooring: Hardwood, Vinyl
Doors: Storm Door(s)
Windows: Insulated Windows
Basement: Apartment,Exterior Entry,Finished,Full,Heated,Interior Entry,Walk-Out Access,Workshop
Attic: Scuttle,Storage Only
Number of fireplaces: 2
Fireplace features: 2 Fireplaces, Den, Living Room, Stove Insert, Wood Burning

Interior area

Total structure area: 2,632
Total interior livable area: 2,632 sqft
Finished area above ground: 1,566
Finished area below ground: 1,066

Property

Parking

Parking features: Off Street

Features

Levels: One
Patio & porch: Front Porch
Exterior features: Garden

Lot

Size: 5.49 Acres
Features: Landscaped, Secluded

Details

Additional structures: Pole Building, Storage, Workshop
Parcel number: 8301600
Zoning: R1

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Roof: Shingle

Condition

Year built: 1966

Utilities & green energy

Electric: AEP/Appalachian Powr
Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $146/sqft
Tax assessed value: $221,000
Annual tax amount: $1,285
Date on market: 7/23/2026
Cumulative days on market: 25 days

Estimated market value

$388,700

$369,000 - $408,000

$2,315/mo

Price history

Date	Event	Price
8/12/2026	Price change	$385,000-2.5%$146/sqft
Source: LMLS #368158 Report a problem
7/23/2026	Listed for sale	$395,000$150/sqft
Source: LMLS #368158 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$221,000
2024	$906	$221,000
2023	$906 +18.8%	$221,000 +44.8%
2022	$763	$152,600
2021	$763	$152,600
2020	$763 -3.8%	$152,600
2019	$794 +11.4%	$152,600 +11.4%
2018	$712 -0.1%	$137,000
2017	$712	$137,000
2016	$712	$137,000
2015	$712 -9.2%	$137,000 -9.2%
2014	$784 +4%	$150,800
2013	$754	$150,800
2012	$754	$150,800
2011	$754 -5%	$150,800 -5%
2010	$794	$158,800
2009	$794	$158,800
2008	$794	$158,800
2007	$794 -11.3%	$158,800 +15.3%
2006	$895	$137,700
2005	$895	$137,700
2004	$895	$137,700