Welcome to 1229 Rainbow Forest Drive, Dressed as a spacious 5-bedroom, 3-bath split foyer home located in the highly desired Rainbow Forest neighborhood in the Brookville School District. This well-maintained home offers a functional layout with multiple living areas. The Lower level features an additional living room filled with natural light, an adjoining dining area, and a well-appointed kitchen with plenty of cabinet space and granite counter tops. Two extra bedrooms and one full bathroom is located on this level. The Upper level provides ample living space with a large family or recreation room, Three bedrooms, and Two full bathrooms. Also includes detached two car garage.
Sold for $350,000
$350,000
1229 Rainbow Forest Dr, Lynchburg, VA 24502
3beds
2,361sqft
Single Family Residence
Built in 1964
0.97 Acres Lot
$358,300 Zestimate®
$148/sqft
$2,428 Estimated rent
Home value
$358,300
$294,000 - $437,000
$2,428/mo
Zestimate® history
Owner options
List your home for rent
$2,428/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,428/mo
Rent Zestimate®
Refinance and save
$2,040/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,040/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Detached two car garageAdjoining dining area
Zillow last checked:
Listing updated:
Listed by:
Joseph Allen Archambeault 434-316-4193 allen@thecornerstonerealty.com,
Cornerstone Realty Group Inc.
Bought with:
Wanda Robertson, 0225256513
Virginia Homes & Land Realty
Source: LMLS,MLS#: 363720
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 202.5
- Dimensions: 15 x 13.5
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Area: 120.75
- Dimensions: 11.5 x 10.5
Bedroom 3
- Level: First
- Area: 120.75
- Dimensions: 11.5 x 10.5
Bedroom 4
- Area: 0
- Dimensions: 0 x 0
Bedroom 5
- Area: 0
- Dimensions: 0 x 0
Dining room
- Area: 0
- Dimensions: 0 x 0
Family room
- Level: First
- Area: 364.5
- Dimensions: 27 x 13.5
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Level: Below Grade
- Area: 117
- Dimensions: 13 x 9
Living room
- Level: Below Grade
- Area: 208
- Dimensions: 16 x 13
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
- Laundry: Dryer Hookup, Laundry Room, Separate Laundry Rm., Washer Hookup
Features
- Ceiling Fan(s), Drywall, Soaking Tub, High Speed Internet, Primary Bed w/Bath, Pantry, Tile Bath(s)
- Flooring: Ceramic Tile, Hardwood, Vinyl Plank
- Basement: Exterior Entry,Finished,Full,Heated,Interior Entry,Walk-Out Access
- Attic: Access
- Number of fireplaces: 2
- Fireplace features: 2 Fireplaces, Basement
Interior area
- Total structure area: 2,361
- Total interior livable area: 2,361 sqft
- Finished area above ground: 1,305
- Finished area below ground: 1,056
Property
Parking
- Total spaces: 2
- Parking features: Off Street, 2 Car Detached Garage
- Garage spaces: 2
Features
- Levels: Multi/Split
- Exterior features: Garden
- Pool features: Pool Nearby
- Fencing: Fenced
Lot
- Size: 0.97 Acres
- Features: Landscaped
Details
- Parcel number: 11A6714
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Foyer
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Septic Tank
- Water: County
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $275,200
- Annual tax amount: $2,480
- Date on market: 12/30/2025
- Cumulative days on market: 10 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $350,000-4.1%$148/sqft |
Source:  LMLS #363720 Report a problem | ||
| 1/10/2026 | Pending sale | $365,000$155/sqft |
Source: LMLS #363720 Report a problem | ||
| 12/30/2025 | Listed for sale | $365,000+61.5%$155/sqft |
Source: LMLS #363720 Report a problem | ||
| 3/8/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/9/2020 | Sold | $226,000+0.4%$96/sqft |
Source: LMLS #324417 Report a problem | ||
| 3/5/2020 | Pending sale | $225,000$95/sqft |
Source: Owner Report a problem | ||
| 3/2/2020 | Listed for sale | $225,000+7.2%$95/sqft |
Source: Owner Report a problem | ||
| 3/23/2018 | Sold | $209,900-2.3%$89/sqft |
Source: LMLS #309103 Report a problem | ||
| 1/15/2018 | Price change | $214,900-1.8%$91/sqft |
Source: Brownstone Properties #309103 Report a problem | ||
| 1/3/2018 | Listed for sale | $218,900+6.8%$93/sqft |
Source: Brownstone Properties #309103 Report a problem | ||
| 2/29/2016 | Listing removed | $204,900$87/sqft |
Source: Brownstone Properties #295320 Report a problem | ||
| 12/29/2015 | Price change | $204,900-2.4%$87/sqft |
Source: Brownstone Properties #295320 Report a problem | ||
| 12/10/2015 | Price change | $209,900-2.8%$89/sqft |
Source: Brownstone Properties #295320 Report a problem | ||
| 11/10/2015 | Listed for sale | $215,900+89.4%$91/sqft |
Source: Brownstone Properties #295320 Report a problem | ||
| 3/5/2002 | Sold | $114,000$48/sqft |
Source:  LMLS #132624 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,238 | $275,200 |
| 2023 | -- | $275,200 +23.2% |
| 2022 | $1,162 | $223,400 |
| 2021 | $1,162 | -- |
| 2020 | -- | -- |
| 2019 | $1,022 | $223,400 +13.6% |
| 2018 | $1,022 | $196,600 |
| 2017 | -- | $196,600 |
| 2016 | -- | $196,600 |
| 2015 | -- | $196,600 +3.9% |
| 2014 | -- | $189,300 |
| 2013 | -- | $189,300 |
| 2012 | -- | $189,300 |
| 2011 | -- | $189,300 +17.6% |
| 2010 | -- | $161,000 |
| 2009 | -- | $161,000 |
| 2008 | -- | $161,000 |
| 2007 | -- | $161,000 +29.7% |
| 2006 | -- | $124,100 |
| 2005 | -- | $124,100 |
| 2004 | -- | $124,100 |
| 2003 | -- | $124,100 +21.8% |
| 2002 | $581 | $101,898 |
| 2001 | $581 | $101,898 |
| 2000 | $581 | $101,898 |
Find assessor info on the county website
Neighborhood: 24502
Nearby homes
- $337,3004 bd2 ba1.9k sqft1211 Rainbow Forest Dr, Lynchburg, VA 24502Off Market
- $263,1003 bd2 ba1.6k sqft1247 Rainbow Forest Dr, Lynchburg, VA 24502Off Market
- $364,9003 bd3 ba2k sqft1191 Rainbow Forest Dr, Lynchburg, VA 24502For Sale
- $264,3003 bd2 ba1.2k sqft1269 Rainbow Forest Dr, Lynchburg, VA 24502Off Market
- $348,0003 bd3 ba2.6k sqft1173 Rainbow Forest Dr, Lynchburg, VA 24502Off Market
- $384,4003 bd3 ba2.7k sqft1173 Rainbow Forest Dr LOT 11, Lynchburg, VA 24502Off Market
- $308,5003 bd2 ba1.8k sqft180 Cheyenne Dr, Lynchburg, VA 24502Off Market
- $306,7004 bd1 ba2.1k sqft1289 Rainbow Forest Dr, Lynchburg, VA 24502Off Market
Nearby schools
GreatSchools rating
- 5/10Tomahawk Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Brookville Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Brookville High SchoolGrades: 9-12Distance: 1 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$358,300
2% more
+$7,166
With Zillow Showcase(estimated)
$365,466
- Virginia
- Campbell County
- Lynchburg
- 24502
- 1229 Rainbow Forest Dr
Nearby cities
Nearby zip codes
Other Lynchburg Topics
