$753,000
SOLD JAN 15, 2026

1024 Riley Run Rd Forest, VA 24551

18.35 Acres
$41,035 Price per Acre
799,326 Sq Ft Lot

Recently Sold

41% Below List Price

229 Days on Market

About This Lot

As of January 2026

This 18.35-acre equestrian property combines top-tier infrastructure with operational efficiency, offering a unique opportunity for equine professionals and enthusiasts. This property offers the rare chance to live on-site while managing equestrian operations, blending professional and personal lifestyles. Horse Stable (16 Stalls): A 7,200 sqft stable includes a 600 sqft loft with one bedroom, a full bathroom, kitchen, and washer/dryer hookups. Indoor Riding Arena: A 15,000 sqft arena Barn (4 Stalls): 3,000 sqft building Run-In Sheds: A 560 sqft Total Structures: 25,760 sqft of well-planned equestrian facilities. Fencing: Estimated 9,200 linear feet of vinyl, metal, and wood fencing. 3 Pastures with 5 acres each. 9.5 miles of riding trails (30 year lease trail access that started in 2007)

Last Agent to Sell the Property

Rucker Wynne

John Stewart Walker, Inc License #0225265951 Listed on: 04/18/2025

Last Buyer's Agent

Rucker Wynne

John Stewart Walker, Inc License #0225265951 Listed on: 04/18/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,604

Lot Details

  • 18.35 Acre Lot
  • Property is zoned R1

Schools

  • Boonsboro Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Horse Facilities and Amenities

  • Hay Storage
  • Stables

Additional Features

  • 1 Full Bathroom
  • Barn
  • Septic System

Community Details

  • Serene Creek Run Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 90507340

Property Details

Property Type

Land

Est. Annual Taxes

$2,604

Lot Details

18.35 Acres

Listing Details

  • BuildingOnProperty: Barn, Hay Shed, Stable, Other
  • Directions: 221 (Forest Rd.) to Perrowville Rd. Take a Right on Hooper Rd to the end. Left on Cottontown Rd. Serene Creek Run is on the Left.
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: Subdividing Restrict
  • Garage Yn: No
  • Property Sub-Type: Farm
  • Subdivision Name: Serene Creek Run
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt Prvt Unpaved
  • Accessible Transportation: State Maintained Rd
  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Topography: Level to Rolling, Mostly level

Utilities

  • Utilities: ElectricityAvailable, Septic System
  • Utility Electric: Other

Schools

  • Elementary School: Boonsboro Elem
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Best Use: Current Existing, Farming / Livestock, Limited Residential
  • Current Use: Recreational
  • Zoning: R1
  • Acres: 18.3500
  • Lot Size Sq Ft: 799326.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 90507340

Rental Info

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

Tax Info

  • Estimated Taxes: 2604

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Jan 7, 2026
Sold by
1650 Partners Llc
Bought by
Jacobs Brittany
Seller's Agent
Rucker Wynne
John Stewart Walker, Inc
Buyer's Agent
Rucker Wynne
John Stewart Walker, Inc
List Price
$1,280,000
Sold Price
$753,000
Premium/Discount to List
-$527,000
-41.17%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.38%
Original Mortgage
$250,000
Outstanding Balance
$249,760
Interest Rate
6.19%
Estimated Equity
$474,740

Purchase Details

Closed on
Nov 13, 2007
Sold by
S & R Farm Llc
Bought by
1650 Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Deed $753,000 Old Republic National Title In
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 No Value Available
Closed $330,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2026 01/15/26 Sold $753,000 -20.7% --
12/03/2025 12/03/25 Pending -- -- --
10/01/2025 10/01/25 Price Changed $949,000 -13.6% --
07/23/2025 07/23/25 Price Changed $1,098,000 -14.2% --
04/18/2025 04/18/25 For Sale $1,280,000 -- --
Source: Lynchburg Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,604 $635,100 $397,000 $238,100
2024 $2,604 $635,100 $397,000 $238,100
2023 $2,604 $317,550 $0 $0
2022 $2,567 $256,700 $0 $0
2021 $2,567 $513,400 $275,300 $238,100
2020 $2,567 $513,400 $275,300 $238,100
2019 $2,567 $513,400 $275,300 $238,100
2018 $2,661 $511,800 $275,300 $236,500
2015 $2,661 $511,800 $275,300 $236,500
2014 $2,649 $509,500 $275,300 $234,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 358653

APN: 99-3-3

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