1216 Timberlake Dr Lynchburg, VA 24502
Estimated payment $3,799/month
Highlights
- Very Popular Property
- Freestanding Bathtub
- Formal Dining Room
- Lake Front
- Wood Flooring
- Fenced Yard
About This Home
Everyone loves a second chance, and here's yours! Back on the market so you can fall in love all over again! This unique Timberlake waterfront property offers the lake lifestyle you've been dreaming about. Situated on a beautifully landscaped, fenced lot with dock & beach area, you'll enjoy your own mature gardens, multiple outdoor living spaces, and a flat backyard perfect for fishing, kayaking, entertaining, or simply relaxing by the water. Inside, you'll find spacious living areas full of character and flexibility. A standout feature is the garage with a finished studio apartment above, ideal for guests, extended family, a home office, hobby space, or potential rental income. Whether you're looking for full-time lake living or a special retreat, this property offers endless possibilities. Opportunities like this are rare!! Don't miss your second chance to make it yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $917
Year Built
- Built in 1945
Lot Details
- 12,632 Sq Ft Lot
- Lake Front
- Fenced Yard
- Landscaped
- Garden
- Property is zoned R1
HOA Fees
- $23 Monthly HOA Fees
Home Design
- Shingle Roof
Interior Spaces
- 2,948 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fireplace
- Formal Dining Room
- Crawl Space
- Storage In Attic
- Fire and Smoke Detector
- Laundry closet
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Freestanding Bathtub
Parking
- Garage
- Off-Street Parking
Schools
- Tomahawk Elementary School
- Brookville Midl Middle School
- Brookville High School
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20H-INQ-119
Community Details
Overview
- Association fees include lake/pond
- Timberlake Subdivision
Building Details
- Net Lease
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,827 | $406,100 | $126,000 | $280,100 |
| 2024 | $1,827 | $406,100 | $126,000 | $280,100 |
| 2023 | $1,827 | $406,100 | $126,000 | $280,100 |
| 2022 | $2,178 | $325,000 | $114,000 | $211,000 |
| 2021 | $1,690 | $325,000 | $114,000 | $211,000 |
| 2020 | $1,690 | $211,700 | $84,000 | $127,700 |
| 2019 | $1,690 | $325,000 | $114,000 | $211,000 |
| 2018 | $1,101 | $211,700 | $84,000 | $127,700 |
| 2017 | $1,101 | $211,700 | $84,000 | $127,700 |
| 2016 | $1,101 | $211,700 | $84,000 | $127,700 |
| 2015 | -- | $211,700 | $84,000 | $127,700 |
| 2014 | -- | $208,800 | $84,000 | $124,800 |
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 |
|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $685,000 | 0.0% | $232 / Sq Ft |
| 06/03/2026 06/03/26 | Pending | -- | -- | -- |
| 05/28/2026 05/28/26 | For Sale | $685,000 | -- | $232 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Attorney |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $254,373 | New Conventional | |
| Closed | $264,000 | New Conventional | |
| Closed | $289,840 | Unknown | |
| Closed | $180,000 | Credit Line Revolving |
Source: Lynchburg Association of REALTORS®
MLS Number: 366904
APN: 020H-01NQD-119-0
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Ask me questions while you tour the home.