$250,000

0 Elkton Farm Rd Forest, VA 24551

Estimated payment $1,458/month

Total Views 11,487
5 Acres
$50,000 Price per Acre
217,800 Sq Ft Lot

About This Lot

Incredible 5-Acre Property in Prime Location - Subdividable & Development-Ready Don't miss this rare opportunity to own 5 acres in one of the most desirable locations in the county! Just half a mile off the main road in town, this exceptional parcel offers the perfect balance of privacy and convenience. With excellent road access and a premium setting, this land is ideal for a private estate, multiple homesites, or a small development. ✔️ Perk-tested with excellent soil - ready for your plans ✔️ Subdividable - explore the investment and income potential ✔️ Outstanding location - widely regarded as the best in the county ✔️ Development-ready - perfect for builders or future growth Whether you're an investor, developer, or someone looking to build your dream home in a top-tier location, this property checks all the boxes. Utilities nearby. Bring your vision - this is land worth walking.

Listing Agent

Sarah Rauf

Keller Williams License #0225273889 Listed on: 07/25/2025

Keller Williams

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,756

Lot Details

  • 5 Acre Lot
  • Property is zoned R-2

Schools

  • Thomas Jefferson-Elm Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 11602900

Property Details

Property Type

Land

Est. Annual Taxes

$1,756

Lot Details

0

Listing Details

  • Directions: If driving from the Town of Bedford towards Lynchburg on 221, the parcel will be half a mile down on the right-hand side.
  • Days On Market: Yes
  • Prop. Type: Land
  • Restrictions: None
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Topography: Ask Listing Agent

Schools

  • Elementary School: Thomas Jefferson-Elm
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Best Use: Dvlp to Mobile Home, Dvlp to Residential, Estates
  • Current Use: Other
  • Zoning: R-2
  • Acres: 5.0000
  • Lot Size Sq Ft: 217800.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11602900

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1756

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: Bedford

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Price Changed $250,000 -9.1% --
07/25/2025 07/25/25 For Sale $275,000 -- --
Source: Lynchburg Association of REALTORS®

Source: Lynchburg Association of REALTORS®

MLS Number: 360791