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271 Riverside Dr, Lynchburg, VA, 24503

$549,000

Home List Price

$6,519*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,860 SqFt
$192/SqFt
House

Location

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271 Riverside Dr, Lynchburg$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2025
HeatingHeat Pump, Hot Water, Electric, Zoned
CoolingHeat Pump, Zoned
BasementYes
ViewMountain(s), Other
MLS #356006
Lot Size0.33 Acres
StatusActive

About 271 Riverside Dr

NEW CONSTRUCTION! Completion date of late March 2024! This home offers a open floor plan on the first level with two story great room and over sized windows with first floor Master Suite. The second level offers additional bedrooms and a huge bonus room plus office space area! There are Mountain views and River views from this home. Two car attached garage and deck area off backside of house! Exterior will be Nantucket Brick and siding. Really excited for the progress of this new construction located in the 03

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Two Story
  • Year Built: 2025
  • Stories: 2
  • Living Area: 2,860 SqFt

Listing Office:

  • Office Name: Lauren Bell Real Estate, Inc.
  • Office Phone: (434) 384-1010
  • Listing Agent: Marty Donovan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Gas Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Vinyl Plank
  • Interior: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Pantry, Tile Bath(s), Walk-In Closet(s), Laundry Room, Second Floor, Separate Laundry Rm.

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s), Other
  • Exterior: Deck, Off-Street Parking, Concrete Drive, Garden Space, Insulated Glass, Mountain Views, Other

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Hot Water, Electric, Zoned
  • Cooling: Heat Pump, Zoned

Other

Directions Information:

  • Directions: Rivermont Ave to Riverside

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $192/SqFt

Tax Information:

  • Annual Amount: $79
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

271 Riverside Dr vs Lynchburg

7 DAYS ON ROCKET

-21 Days

$549,000

+$267.8K More

$192/SqFt

+$32 More

KEY TAKEAWAY

This property is $267.8K more than the Median Sold Price and $32/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: #356006

Listing Office:

  • Office Name: Lauren Bell Real Estate, Inc.
  • Office Phone: (434) 384-1010
  • Listing Agent: Marty Donovan

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: 12/4/2024, 2:20:53 AM 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
2020$79$28,500
2019$79$28,500
2018$316$28,500
2017$316$28,500

History based on county public records data.

Payment Calculator

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-3794850
5
/10
  • Paul Munro Elementary School

  • 4641 Locksview Rd

  • 1.87 miles

  • Public District Grades PK-5

school-card-donut-3794851
2
/10
  • Bedford Hills Elementary School

  • 4330 Morningside Dr

  • 2.09 miles

  • Public District Grades KG-5

school-card-donut-3794852
2
/10
  • Linkhorne Elementary School

  • 2501 Linkhorne Dr

  • 2.16 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,015. The most common annual income of people living in Lynchburg, VA is less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 271 Riverside Dr

What is the listing price of this property?

The listing price of 271 Riverside Dr property is $549,000.

What type of property is this?

The property 271 Riverside Dr is a house located in Lynchburg, Virginia, 24503.

Is this property for sale now?

Active Listing: 271 Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $79 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 271 Riverside Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 271 Riverside Dr is 2,860 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 271 Riverside Dr is 2025.

Rocket Homes›Virginia›Lynchburg›24503›271 Riverside Dr

This home is located at 271 Riverside Dr in Lynchburg, VA and zip code 24503 in the Riverside neighborhood. This 2,860 square foot home, which was built in 2025, sits on a 0.33 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $549,000.

In November 2024 more than 25 listings in Lynchburg, VA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 44 were sold below. Between October 2024 and November 2024, Lynchburg, VA real estate market has seen decrease in the number of listings by 4.9%. Listings spent 28 days on the market in November 2024, and had a median list price of $281,126 during the same period.

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

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