$354,900
OPEN SUN 1PM - 3PM

1191 Rainbow Forest Dr Lynchburg, VA 24502

Timberlake Area

Estimated payment $2,042/month

Total Views 25,512
3 Beds
2.5 Baths
2,038 Sq Ft
$174 Price per Sq Ft

Highlights

  • Barn
  • Living Room with Fireplace
  • Great Room
  • In Ground Pool
  • Wood Flooring
  • Workshop

About This Home

Beautiful 3-bedroom, 2.5-bath ranch offering comfortable one-level living with great spaces for relaxing and entertaining! Beautiful hardwood floors throughout the first level, and enjoy the bright, inviting sunroom leading to a deck overlooking the backyard and the 36x16 in-ground pool! The pool has new sand in the filter, a new spare pump, a robotic vacuum, and is gas-heated for extended use, perfect for summer gatherings. Updated bathrooms add a fresh, modern touch, while the functional floor plan provides plenty of room to spread out, including a bonus room in the basement that can be utilized in so many ways! This home combines convenience, charm, and outdoor enjoyment all in one package!

Listing Agent

Susan Smith

NextHome TwoFourFive License #0225235578 Listed on: 05/21/2026

NextHome TwoFourFive

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1966

Lot Details

  • 36,682 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,038 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Workshop
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Workshop
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Outdoor Storage

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Farming

  • Barn

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 11A6712

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 1966

Lot Details

0.84 Acres

Listing Details

  • BuildingOnProperty: Barn, Storage Building
  • Directions: Timberlake Rd to Laxton Rd to a slight right onto Rainbow Forest, home on the left.
  • Internet Providers: Shentel
  • Days On Market: Yes
  • Prop. Type: Residential
  • Year Built: 1966
  • FullBathBelowGrade: 1
  • Garage Yn: No
  • Foyer Area: 36.000000
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1496.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Partitioned, Walkout, Workshop
  • Breakfast Area: 11x9 Level: Level 1 Above Grade
  • Flooring: Hardwood, Vinyl Plank
  • Deck: 12x12 Level: Level 1 Above Grade
  • Family Room: 24x22 Level: Below Grade
  • Foyer: 9x4 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Primary Bed w/Bath, Smoke Alarm, Tile Bath(s), Workshop
  • Dining Kitchen: 11x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 14x12 Level: Level 1 Above Grade
  • Master Bedroom: 14x10 Level: Level 1 Above Grade
  • Sun Room: 20x12 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Half Bathrooms: 1
  • Fireplace: 2 Fireplaces, Gas Log, Great Room, Living Room
  • Stories: One
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Room Family Room Area: 528.000000
  • Room Bedroom3 Area: 120.000000
  • Room Master Bedroom Area: 140.000000
  • Room Kitchen Area: 132.000000
  • Room Living Room Area: 168.000000
  • Room Bedroom2 Area: 132.000000
  • MasterBedroomDimensions Dim: 14.000 x 10.000
  • Kitchen Dim: 11.000 x 12.000
  • Sunroom Dim: 20.000 x 12.000
  • Master Bedroom Master Bedroom Width: 10.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Patio, In Ground Pool, Paved Drive, Fenced Yard, Garden Space, Landscaped, Storm Windows, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: County

Schools

  • Elementary School: Tomahawk Elem
  • High School: Brookville High
  • Middle School: Brookville Midl
  • Junior High Dist: Campbell

Lot Info

  • Zoning: R-1
  • Acres: 0.8421
  • Lot Size Sq Ft: 36682.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11A6712

Rental Info

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

Tax Info

  • Estimated Taxes: 1004

Multi Family

  • Existing Lease Type: Net

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,004 $223,100 $45,000 $178,100
2025 $1,004 $223,100 $45,000 $178,100
2024 $1,004 $223,100 $45,000 $178,100
2023 $1,004 $223,100 $45,000 $178,100
2022 $878 $168,900 $24,000 $144,900
2021 $878 $168,900 $24,000 $144,900
2020 $878 $153,200 $24,000 $129,200
2019 $878 $168,900 $24,000 $144,900
2018 $797 $153,200 $24,000 $129,200
2017 $797 $153,200 $24,000 $129,200
2016 $797 $153,200 $24,000 $129,200
2015 -- $153,200 $24,000 $129,200
2014 -- $146,900 $22,000 $124,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2026 08/28/26 Price Changed $354,900 -2.7% $174 / Sq Ft
07/15/2026 07/15/26 Price Changed $364,900 -1.4% $179 / Sq Ft
05/21/2026 05/21/26 For Sale $370,000 -- $182 / Sq Ft
Source: Lynchburg Association of REALTORS®

Source: Lynchburg Association of REALTORS®

MLS Number: 366695

APN: 11A-6-7-12

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