$949,000
PENDING

1024 Riley Run Rd Forest, VA 24551

Estimated payment $5,174/month

Total Views 12,512
18.35 Acres
$51,717 Price per Acre
799,326 Sq Ft Lot

About This Lot

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)

Listing 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

0

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price List to Sale Price per Sq Ft
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®

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Source: Public Records

Source: Lynchburg Association of REALTORS®

MLS Number: 358653

APN: 99-3-3