For sale

$429,900

523 Elmwood Ave, Lynchburg, VA 24503

4beds

1,984sqft

$2,665/mo

Get pre-qualified

Single Family Residence

Built in 1956

0.25 Acres Lot

$423,600 Zestimate^®

$217/sqft

$-- HOA

What's special

Whole house generatorGarden spaceOne level mid-century modernGunite swimming poolMulti level patioThree other bedroomsTwo large pantries

Back on the market through no fault of the seller. Amazing, mid-century modern in the heart of historic Rivermont. Perfectly renovated with modern improvements while maintaining mid century bones and charm. Energy efficient windows, laminate flooring, and an on-demand gas water heater. Updated electrical & HVAC. Ensuite primary addition with a large master bath and walk-in closet. Three other bedrooms and two full updated bathrooms with walkouts to the pool area. The upgraded kitchen has granite countertops, a five-burner gas cooktop, two large pantries and Bosch double ovens. Kitchen opens to a large Great Room with tons of light and built-in cabinets. Open dining area with gas-log fireplace and stone surround. The backyard is professionally landscaped/hardscaped & features a multi level patio with a Gunite swimming pool and garden space. All improvements have been done using top quality materials. This has been a highly successful Airbnb, so showing times are limited due to bookings

104 days
1,177
75

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Level: First
Area: 199.8
Dimensions: 13.5 x 14.8

Bedroom

Dimensions: 0 x 0

Bedroom 2

Level: First
Area: 134.56
Dimensions: 11.6 x 11.6

Bedroom 3

Level: First
Area: 180
Dimensions: 15 x 12

Bedroom 4

Level: First
Area: 175.2
Dimensions: 14.6 x 12

Bedroom 5

Area: 0
Dimensions: 0 x 0

Dining room

Level: First
Area: 280
Dimensions: 14 x 20

Family room

Area: 0
Dimensions: 0 x 0

Great room

Area: 0
Dimensions: 0 x 0

Kitchen

Level: First
Area: 168.96
Dimensions: 17.6 x 9.6

Living room

Level: First
Area: 268.28
Dimensions: 17.5 x 15.33

Office

Area: 0
Dimensions: 0 x 0

Heating

Forced Warm Air-Gas

Cooling

Heat Pump

Appliances

Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Tankless Water Heater
Laundry: Main Level

Features

Ceiling Fan(s), Great Room, Main Level Bedroom, Primary Bed w/Bath, Pantry, Tile Bath(s)
Flooring: Carpet, Ceramic Tile, Laminate
Windows: Insulated Windows
Basement: Slab
Attic: Scuttle
Number of fireplaces: 1
Fireplace features: 1 Fireplace, Gas Log

Interior area

Total structure area: 1,984
Total interior livable area: 1,984 sqft
Finished area above ground: 1,984
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Carport Parking (2 Car)
Carport spaces: 2

Features

Levels: One
Patio & porch: Patio
Exterior features: Garden
Has private pool: Yes
Pool features: In Ground
Fencing: Fenced,Privacy

Lot

Size: 0.25 Acres
Features: Landscaped

Details

Parcel number: 00711021
Zoning: R2
Other equipment: Whole House Generator

Construction

Type & style

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

Materials

Wood Siding, Other
Roof: Shingle

Condition

Year built: 1956

Utilities & green energy

Electric: AEP/Appalachian Powr
Sewer: City
Water: City
Utilities for property: Cable Connections

Community & HOA

Community

Subdivision: Randolph College Area

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $217/sqft
Tax assessed value: $345,300
Annual tax amount: $2,534
Date on market: 5/15/2026
Cumulative days on market: 62 days

Estimated market value

$423,600

$402,000 - $445,000

$2,021/mo

Price history

Date	Event	Price
7/20/2026	Listed for sale	$429,900$217/sqft
Source: LMLS #366613 Report a problem
6/18/2026	Pending sale	$429,900$217/sqft
Source: LMLS #366613 Report a problem
6/8/2026	Listed for sale	$429,900$217/sqft
Source: LMLS #366613 Report a problem
5/28/2026	Pending sale	$429,900$217/sqft
Source: LMLS #366613 Report a problem
5/15/2026	Listed for sale	$429,900+43.3%$217/sqft
Source: LMLS #366613 Report a problem
12/30/2020	Sold	$299,900+20%$151/sqft
Source: LMLS #329013 Report a problem
9/29/2017	Sold	$250,000-1.9%$126/sqft
Source: LMLS #307327 Report a problem
8/29/2017	Listed for sale	$254,900$128/sqft
Source: John Stewart Walker, Inc #307327 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,901 +14.5%	$345,300 +21.3%
2024	$2,534	$284,700
2023	$2,534 -12.5%	$284,700 +9.1%
2022	$2,897	$261,000
2021	$2,897 +22%	$261,000 +22%
2020	$2,374	$213,900
2019	$2,374 +31.7%	$213,900 +31.7%
2018	$1,803 +300%	$162,400
2017	$451	$162,400
2016	$451	$162,400
2015	$451 -75%	$162,400 +10.6%
2014	$1,803	$146,900 +25.1%
2012	--	$117,400
2011	--	$117,400 +3.3%
2009	--	$113,700 +3.6%
2008	--	$109,800 +28.1%
2007	--	$85,700
2006	--	$85,700
2005	--	$85,700 +14.3%
2004	--	$75,000
2003	--	$75,000
2002	--	$75,000
2001	--	$75,000