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Sold for $290,000
  • $290,000

    1501 Lockewood Dr, Lynchburg, VA 24502

    2beds
    960sqft
    Single Family Residence
    Built in 2022
    0.56 Acres Lot
    $289,800 Zestimate®
    $302/sqft
    $1,458 Estimated rent

    Home value

    $289,800

    $275,000 - $304,000

    $1,458/mo

    Zestimate® history
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    What's special

    Rare Dual-Home opportunity just off Timberlake Rd. Tucked into a quiet, wooded half-acre, this turn-key newer-built property pairs a stylish primary home with a fully independent ADU, offering a level of flexibility that's hard to find. The main home features 960 sq ft of modern farmhouse design with soaring ceilings, butcher block countertops, tile showers, and a private ensuite primary suite. A covered front porch and oversized side porch extend the living space outdoors. Set privately toward the rear of the property, the 384 sq ft guest house delivers a full studio layout with a living/kitchen combo, sleeping area, and full bath, all wrapped in a modern rustic aesthetic that photographs exceptionally well for short-term rentals. Live in one, rent the other, or run both. House-hack, Airbnb, multi-gen living, or two-unit portfolio. Newer construction means low maintenance and minimal deferred costs from day one.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Dorner 434-247-0271 chrisdorner.exp@gmail.com,

    eXp Realty LLC-Stafford

    Bought with:

    Wanda Robertson, 0225256513

    Virginia Homes & Land Realty

    Source: LMLS,MLS#: 366764MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 136.99
    • Dimensions: 10.3 x 13.3
    Bedroom
    • Dimensions: 0 x 0
    Bedroom 2
    • Level: First
    • Area: 92
    • Dimensions: 10.11 x 9.1
    Bedroom 3
    • Area: 0
    • Dimensions: 0 x 0
    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
    • Area: 0
    • Dimensions: 0 x 0
    Great room
    • Area: 0
    • Dimensions: 0 x 0
    Kitchen
    • Level: First
    • Area: 116.58
    • Dimensions: 8.7 x 13.4
    Living room
    • Level: First
    • Area: 236.81
    • Dimensions: 11.9 x 19.9
    Office
    • Area: 0
    • Dimensions: 0 x 0
    Heating
    • Heat Pump
    Cooling
    • Heat Pump, Mini-Split
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Other, Electric Water Heater
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Drywall, Main Level Bedroom, Primary Bed w/Bath, Pantry, Tile Bath(s), Walk-In Closet(s)
    • Flooring: Vinyl Plank
    • Basement: Slab
    • Attic: Access
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft
    • Finished area above ground: 960
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: One
    • Patio & porch: Front Porch, Side Porch
    • Exterior features: Garden
    Lot
    • Size: 0.56 Acres
    • Features: Landscaped
    Details
    • Parcel number: 25306005

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Farm House
    • Property subtype: Single Family Residence
    Materials
    • Cement Board/Plank
    • Roof: Shingle
    Condition
    • Year built: 2022

    Utilities & green energy

    • Electric: AEP/Appalachian Powr
    • Sewer: Septic Tank
    • Water: City

    Community & HOA

    Community
    • Subdivision: Lockewood
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $302/sqft
    • Tax assessed value: $271,200
    • Annual tax amount: $2,276
    • Date on market: 5/22/2026
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    6/26/2026Sold$290,000-3.3%$302/sqft
    Source: LMLS #366764 Report a problem
    5/28/2026Pending sale$299,900$312/sqft
    Source: LMLS #366764 Report a problem
    5/22/2026Listed for sale$299,900+2399.2%$312/sqft
    Source: LMLS #366764 Report a problem
    8/13/2020Sold$12,000$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,278 +9.5%$271,200 +16%
    2024$2,081 $233,800
    2023$2,081 +19.9%$233,800 +49.6%
    2022$1,735 +942%$156,300 +942%
    2021$167 $15,000
    2020$167 $15,000
    2019$167 +11.1%$15,000 +11.1%
    2018$150 +8%$13,500
    2017$139 $13,500 +8%
    2016$139 $12,500 -50%
    2015$139 $25,000
    2014$139 $25,000
    2012-- $25,000
    2011-- $25,000
    2009-- $25,000
    2008-- $25,000 +152.5%
    2007-- $9,900
    2006-- $9,900
    2005-- $9,900 +5.3%
    2004-- $9,400
    2003-- $9,400 +6.8%
    2002-- $8,800
    2001-- $8,800
    Find assessor info on the county website

    Neighborhood: 24502

    Nearby schools

    GreatSchools rating
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