$499,900
SOLD DEC 15, 2025

1165 Grandset Dr Forest, VA 24551

4 Beds
3 Baths
2,530 Sq Ft
$225/mo HOA Fee

Recently Sold

$198 Per Sq Ft

2% Below List Price

486 Days on Market

Highlights

  • On Golf Course
  • Property is near a lake
  • Finished Attic
  • Forest Elementary School Rated A-
  • Property is near a clubhouse
  • Great Room

About This Home

As of December 2025

Forest, Virginia's Only Runk & Pratt Luxury Golf Course Community, Ivalace by the Greens offers low maintenance living and beautiful views of Ivy Hill Golf Course and Ivy Lake. These open concept, attached homes offer 4 Bedrooms and 3 Full Baths. Main level living at its finest! Each of these homes feature spacious bedrooms, abundant storage, generous allowance package for upscale selections, 2-car garage, expansive concrete patio with privacy fence. Owners Suite features walk-in closet, Spa-like bath with double vanity and walk-in shower. HOA covers Exterior & Grounds Maintenance, Structure Insurance, Snow & Trash Removal, Membership to Ivy Hill Golf, Pickleball & Swimming Pool! All homes feature an upgraded landscaping package. *Similar to Photo

Last Agent to Sell the Property

Ted Jordan

Realty ONE Group Leading Edge License #0225175309 Listed on: 08/05/2024

Realty ONE Group Leading Edge

Co-Listed By

Michele Jordan

Realty ONE Group Leading Edge License #0225080927

Last Buyer's Agent

Kathy Bohlman-Ladd

Karl Miller Realty LLC License #0225264452

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 5,663 Sq Ft Lot
  • On Golf Course
  • Landscaped

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Home is estimated to be completed on 8/31/25
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,530 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Finished Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Parking

  • Garage
  • Driveway

Outdoor Features

  • Property is near a lake

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include club house, exterior maintenance, grounds maintenance, insurance, lake/pond, neighborhood lights, pool, road maintenance, snow removal, trash
  • Ivalace By The Greens Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Net Lease
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,620

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Rt 221 to Perrowville Rd. Right into Ivalace Subdivision, Home on the Right
  • Internet Providers: Comcast/Xfinity, GLO Fiber, Satellite, Shentel
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2024
  • Garage Yn: Yes
  • Estimated Completion: 2025-08-31
  • Property Sub-Type: Townhouse
  • Co List Office Mls Id: 642
  • Subdivision Name: Ivalace By The Greens
  • Above Grade Finished Sq Ft: 2530.00
  • Laundryroom Dim: 11.000 x 12.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 11.000
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Finished
  • Has Basement: Slab
  • Flooring: Tile, Vinyl Plank
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 18x17 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 11x12 Level: Level 1 Above Grade
  • Living Room: 18x16 Level: Level 1 Above Grade
  • Master Bedroom: 15x15 Level: Level 1 Above Grade
  • Other Room 1: 22x16 Level: Level 2 Above Grade
  • Additional Room 1 Description: Finished Over Garage
  • Appliances: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Fireplace: 1 Fireplace, Gas Log, Great Room, Leased Propane Tank
  • Stories: One and One Half
  • Third Bedroom: 18x20 Level: Level 2 Above Grade
  • Fourth Bedroom: 14x20 Level: Level 2 Above Grade
  • Second Bedroom: 15x12 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 360.000000
  • Room Master Bedroom Area: 225.000000
  • Room Bedroom4 Area: 280.000000
  • Room Kitchen Area: 306.000000
  • Room Living Room Area: 288.000000
  • Room Bedroom2 Area: 180.000000
  • MasterBedroomDimensions Dim: 15.000 x 15.000
  • Kitchen Dim: 18.000 x 17.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 15.000

Exterior Features

  • Lot Number: 16
  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Patio, Pool Nearby, Concrete Drive, Landscaped, Insulated Glass, Tennis Courts, Tennis Courts Nearby, Undergrnd Utilities, Club House Nearby, Golf Nearby, On Golf Course, Other
  • Patio: 19x17 Level: Level 1 Above Grade

Garage/Parking

  • Garage Area: 550.000000
  • Garage Dim: 25.000 x 22.000
  • GarageLen: 25.000
  • GarageWid: 22.000
  • General Property Description:_pound_ Attached Garage Spaces: 2 Car
  • Garage Description: Garage Door Opener

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump, Two-Zone
  • Sewer: County
  • Water Heater: Electric
  • Heating: Heat Pump, Two-Zone
  • Water Source: County

Condo/Co-op/Association

  • Association Fee: 225.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Club House, Exterior Maintenance, Grounds Maintenance, Insurance, Lake/Pond, Neighborhood Lights, Other, Pool, Road Maintenance, Snow Removal, Trash

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot Size Sq Ft: 5663.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 1620

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Dec 11, 2025
Sold by
Ivalace Llc
Bought by
Higgins Stephen B and Higgins Theresa J
Seller's Agent
Ted Jordan
Realty ONE Group Leading Edge
Buyer's Agent
Kathy Bohlman-Ladd
Karl Miller Realty LLC
List Price
$509,900
Sold Price
$499,900
Premium/Discount to List
-$10,000
-1.96%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$139,900
Outstanding Balance
$139,900
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$362,433
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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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
12/15/2025 12/15/25 Sold $499,900 0.0% $198 / Sq Ft
12/04/2025 12/04/25 Pending -- -- --
10/10/2024 10/10/24 Price Changed $499,900 -2.0% $198 / Sq Ft
08/05/2024 08/05/24 For Sale $509,900 -- $202 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

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 $185 $45,000 $45,000 $0
2024 $185 $45,000 $45,000 $0
2023 $185 $22,500 $0 $0
2022 $192 $19,150 $0 $0
2021 $192 $38,300 $38,300 $0
2020 $192 $38,300 $38,300 $0
2019 $192 $38,300 $38,300 $0
2018 $82 $15,800 $15,800 $0
2017 $82 $15,800 $15,800 $0
2016 $82 $15,800 $15,800 $0
2015 $82 $15,800 $15,800 $0
2014 $55 $10,500 $10,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 353891

APN: 99-25-16