3 months on rocket

2595 Waterlick Rd, Lynchburg, VA, 24502

$60,000,000

0 Baths
25,000 SqFt
$2,400/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
Year Built9999
MLS #353779
Lot Size5.00 Acres
StatusActive

About 2595 Waterlick Rd

The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Living Area: 25,000 SqFt

Listing Office:

  • Office Name: Divine Fog Realty Company LLC
  • Listing Agent: Scottie Booker

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000,000
  • Price Per SqFt: $2,400/SqFt

Tax Information:

  • Annual Amount: $816
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

Med. Sold Price

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

2595 Waterlick Rd vs Lynchburg

113 DAYS ON ROCKET

+83 Days

$60,000,000

+$59.7M More

$2,400/SqFt

+$2.2K More

KEY TAKEAWAY

This property is $59.7M more than the Median Sold Price and $2.2K/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #353779

Listing Office:

  • Office Name: Divine Fog Realty Company LLC
  • Listing Agent: Scottie Booker

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$816$156,900
2020$816$153,000
2019$796$156,900
2018$796$153,000
2017$796$153,000

History based on county public records data.

Payment Calculator

$299.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$179.9K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-286594
6
/10
  • Leesville Road Elementary School

  • 25 Lewis Way

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-286595
6
/10
  • Tomahawk Elementary School

  • 155 Bee Dr

  • 1.24 miles

  • Public District Grades PK-5

school-card-donut-286596
2
/10
  • Heritage Elementary School

  • 501 Leesville Rd

  • 2.81 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,598. The majority of Lynchburg, VA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesVirginiaLynchburg245022595 Waterlick Rd

This home is located at 2595 Waterlick Rd in Lynchburg, VA and zip code 24502. This 25,000 square foot home, which was built in 9999, sits on a 5.00 acre lot. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $60,000,000.

Over 24 listings were sold over their listed price in October 2024 in Lynchburg, VA. In the same period over 37 listings were sold below the listed price and 30 listings were sold for the listed price. The number of listings in Lynchburg, VA decreased by 4.7% between September 2024 and October 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $280,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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