A brand new cozy bungalow under $220k?! Welcome to 2723 Rainbow Circle in the Stonehaven community. This brand-new 2 bedroom, 1 bath contemporary bungalow is the perfect blend of charm, function, and affordability. Step inside to an open kitchen and living area with vaulted ceilings, natural light, and easy-to-maintain LVP flooring throughout. A laundry closet with extra storage adds convenience, while the well-appointed bath is just steps from both bedrooms. Enjoy evenings on your covered back patio that features an attached storage room. Beautiful, low-maintenance, one-level living at an unbeatable price don't miss it!
Sold for $219,000
$219,000
2723 Rainbow Cir, Lynchburg, VA 24501
2beds
720sqft
Single Family Residence
Built in 2026
4,051 Square Feet Lot
$219,300 Zestimate®
$304/sqft
$1,256 Estimated rent
Home value
$219,300
$208,000 - $230,000
$1,256/mo
Zestimate® history
Owner options
List your home for rent
$1,256/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,256/mo
Rent Zestimate®
Refinance and save
$1,079/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,079/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
Well-appointed bathCovered back patioAttached storage roomEasy-to-maintain lvp flooring throughoutVaulted ceilingsNatural light
Zillow last checked:
Listing updated:
Listed by:
Ian Smith 434-444-5513 iansmithrealestate@gmail.com,
Legacy Realty
Bought with:
Tonya Ferguson, 0225261483
Lynchburg's Finest Team LLC
Source: LMLS,MLS#: 364589
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 108
- Dimensions: 12 x 9
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Area: 99
- Dimensions: 11 x 9
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
- Area: 0
- Dimensions: 0 x 0
Living room
- Level: First
- Area: 156
- Dimensions: 13 x 12
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Microwave, Electric Range, Electric Water Heater
- Laundry: Dryer Hookup, Laundry Closet, Washer Hookup
Features
- Ceiling Fan(s), Main Level Bedroom
- Flooring: Vinyl Plank
- Basement: Slab
- Attic: Scuttle
Interior area
- Total structure area: 720
- Total interior livable area: 720 sqft
- Finished area above ground: 720
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, Concrete Drive
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Patio
Lot
- Size: 4,051 Square Feet
- Features: Landscaped
Details
- Parcel number: 16907012
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Block, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 2026
Utilities & green energy
- Electric: AEP/Appalachian Powr
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Stonehaven
HOA
- Has HOA: Yes
- HOA fee: $25 monthly
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $45,000
- Annual tax amount: $1,700
- Date on market: 2/20/2026
- Cumulative days on market: 96 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Sold | $219,000-0.4%$304/sqft |
Source:  LMLS #364589 Report a problem | ||
| 5/27/2026 | Pending sale | $219,900$305/sqft |
Source: LMLS #364589 Report a problem | ||
| 2/20/2026 | Listed for sale | $219,900+322.9%$305/sqft |
Source: LMLS #364589 Report a problem | ||
| 6/25/2025 | Sold | $52,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $378 +6.2% | $45,000 +12.5% |
| 2024 | $356 | $40,000 |
| 2023 | $356 -8.4% | $40,000 +14.3% |
| 2022 | $389 | $35,000 |
| 2021 | $389 | $35,000 |
| 2020 | -- | -- |
Find assessor info on the county website
Neighborhood: 24501
Nearby homes
- $229,9002 bd2 ba770 sqft2721 Rainbow Cir, Lynchburg, VA 24501For Sale
- $52,000-- bd-- ba-- sqft2719 Rainbow Cir, Lynchburg, VA 24501Sold
- $1,7503 bd3 ba-- sqft2727 Rainbow Cir, Lynchburg, VA 24501For Rent
- $334,0003 bd3 ba1.7k sqft2717 Rainbow Cir, Lynchburg, VA 24501Sold
- $275,2003 bd3 ba1.3k sqft2729 Rainbow Cir, Lynchburg, VA 24501Off Market
- $335,0004 bd4 ba1.9k sqft2715 Rainbow Cir, Lynchburg, VA 24501Sold
- $289,0003 bd2 ba1.3k sqft2713 Rainbow Cir, Lynchburg, VA 24501Sold
- $283,8003 bd3 ba1.3k sqft3052 Fulton St, Lynchburg, VA 24501Off Market
Nearby schools
GreatSchools rating
- 2/10Linkhorne Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Linkhorne Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 2.3 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 .
$219,300
2% more
+$4,386
With Zillow Showcase(estimated)
$223,686
- Virginia
- Lynchburg City
- Lynchburg
- 24501
- 2723 Rainbow Cir
Nearby cities
Nearby zip codes
Other Lynchburg Topics
