This amazing opportunity on the lake is one you will not want to miss! This beautiful Timberlake lot offers 2 properties. The lake front home offers spectacular views while the cottage could be the perfect mother in law suite or investment property. Both homes have been freshly painted and are ready for their new owners. Roofs on both properties were replaced in 2024. Call today for a tour!
Sold for $315,000
$315,000
216 Timberlake Dr, Lynchburg, VA 24502
1beds
1,344sqft
Single Family Residence
Built in 1940
0.37 Acres Lot
$325,400 Zestimate®
$234/sqft
$1,303 Estimated rent
Home value
$325,400
$267,000 - $400,000
$1,303/mo
Zestimate® history
Owner options
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$2,088/mo
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List your homeWhat's special
Spectacular viewsLake front home
Zillow last checked:
Listing updated:
Listed by:
Cole Rice 434-941-7959 colericerealestate@gmail.com,
Lauren Bell Real Estate, Inc.
Bought with:
Chris Stokes, 0225224124
Alliance Realty Group
Source: LMLS,MLS#: 360913
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Below Grade
- Area: 165
- Dimensions: 15 x 11
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Area: 0
- Dimensions: 0 x 0
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: 96
- Dimensions: 12 x 8
Living room
- Level: First
- Area: 266
- Dimensions: 19 x 14
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator, Electric Water Heater
- Laundry: In Basement, Dryer Hookup, Laundry Closet, Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Hardwood, Vinyl
- Basement: Exterior Entry,Finished,Interior Entry
- Attic: Pull Down Stairs
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace, Living Room
Interior area
- Total structure area: 1,344
- Total interior livable area: 1,344 sqft
- Finished area above ground: 672
- Finished area below ground: 672
Property
Parking
- Parking features: Concrete Drive
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Rear Porch
- Exterior features: Garden
- On waterfront: Yes
- Waterfront features: Lake Front
Lot
- Size: 0.37 Acres
- Features: Landscaped
Details
- Additional structures: Storage
- Parcel number: 20H1EQD112
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: AEP/Appalachian Powr
- Sewer: Septic Tank
- Water: City
- Utilities for property: Cable Available
Community & HOA
HOA
- Has HOA: Yes
- Services included: Lake/Pond
- HOA fee: $250 annually
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $263,300
- Annual tax amount: $1,400
- Date on market: 7/29/2025
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $315,000+0%$234/sqft |
Source:  LMLS #360913 Report a problem | ||
| 8/6/2025 | Pending sale | $314,900$234/sqft |
Source: LMLS #360913 Report a problem | ||
| 7/29/2025 | Listed for sale | $314,900+26%$234/sqft |
Source: LMLS #360913 Report a problem | ||
| 5/19/2017 | Sold | $249,900$186/sqft |
Source: LMLS #305440 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,185 | $263,300 |
| 2023 | $1,185 +21.2% | $263,300 +40.1% |
| 2022 | $978 | $188,000 |
| 2021 | $978 | -- |
| 2020 | -- | -- |
| 2019 | $835 | $188,000 +17.1% |
| 2018 | $835 | $160,500 |
| 2017 | -- | $160,500 |
| 2016 | -- | $160,500 |
| 2015 | -- | $160,500 +1.5% |
| 2014 | -- | $158,200 |
| 2013 | -- | $158,200 |
| 2012 | -- | $158,200 -3.8% |
| 2010 | -- | $164,500 |
| 2009 | -- | $164,500 |
| 2008 | -- | $164,500 |
| 2007 | -- | $164,500 +56.5% |
| 2006 | -- | $105,100 |
| 2005 | -- | $105,100 |
| 2004 | -- | $105,100 |
| 2003 | -- | $105,100 +21.6% |
| 2002 | $493 | $86,426 |
| 2001 | $493 | $86,426 |
| 2000 | $493 | $86,426 |
Find assessor info on the county website
Neighborhood: 24502
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Nearby schools
GreatSchools rating
- 5/10Tomahawk Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 5/10Brookville Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Brookville High SchoolGrades: 9-12Distance: 2.7 mi
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- Virginia
- Campbell County
- Lynchburg
- 24502
- 216 Timberlake Dr
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