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Image 1 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Image 2 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Image 3 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Image 4 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Image 5 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Image 6 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Image 7 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Image 8 - 1476 Rainbow Forest Drive, Timberlake, VA 24502, USA - House for sale

Home For Sale In Lynchburg, Virginia

1476 Rainbow Forest Drive, Timberlake, VA 24502, USA

Home For Sale In Lynchburg, Virginia

house for sale

4 views

Listed: 05/09/24

1476 Rainbow Forest Drive, Timberlake, VA 24502, USA

4 Bed:

3 Bath:

2,478 Sq Ft Living Area:

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Price

$ 334,900

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About This House

Fully remodeled, this 4-bedroom, 3-bathroom home is two homes in one! Main level features 3-beds/2 baths and terrace level has 3 rooms/1-bath with a kitchen, basement apartment/in-law suite! Potential 5th bedroom is nonconforming. So much potential here! This could be a large home with space for loved ones or an opportunity for passive income-an investment property for college students. Two kitchens, two living spaces for entertaining guests, accommodate out of town guests, or rent out the terrace level for passive income. New HVAC, New kitchen, New Quartz Countertops, New lighting, New Luxury Vinyl Plank, and remodeled baths. The property backs up to a creek with a large level yard and is perfect for outdoor gatherings! Mulch beds and gardening space. … Full description

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Penn Forest Housing & Living

Household Income

Median household income: $54,137

Number of households: 5,381

The average household income in Timberlake, VA grew from $49,602 to $54,137 in the past year. This data is an estimate based upon 5,381 households in Timberlake, VA.
The chart below presents how household income is distributed in Timberlake, VA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Timberlake, VA compared to median property taxes around the country. The prevalent amount of property taxes in Timberlake, VA equals $800-$1,500 , which is more than the national average.

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