127 Richeson Drive Lynchburg, VA $ 299,900
127 Richeson Drive
$ 299,900
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127 Richeson Drive

Lynchburg, VA, 24501
$ 299,900
Bedrooms3 Baths2.0 Sq 1,868

Monthly Estimate*

$ 2,071

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Multi-Family Home for sale in Lynchburg, VA for $299,900 with 3 bedrooms and 2 full baths. This 1,868 square foot home was built in 1970 on a lot size of 1.472.

The Secret Garden meets Mid-Century Modern! Tucked away on 1.472 acres in the City of Lynchburg, this unique property offers a country feel just minutes from shopping and dining. The double lot with an accessory dwelling unit features an eco-friendly perennial garden designed to return year after year with less maintenance than a traditional lawn. Inside, beautiful natural light, original Mid-Century Modern windows, and gorgeous hardwood floors add warmth and character. The main level offers 2 spacious bedrooms, a full bath, and an enclosed sunroom perfect for dining or relaxing. Downstairs, a separate 1BR/1BA accessory dwelling unit offers potential short or long-term rental income or flexible space for family and guests. Fenced side yard, oversized 2-car carport, detached shop, and a workshop complete this city homestead. Heat Pump & Hot Water Heater installed in 2023. Septic Inspection & Pump 2026. Ask your agent for rental income history.

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Multi-Family Pending

Price

$ 299,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,988

Style

Multi-Family

Lot Size

1.472

Year Built

1970

Town/City

Lynchburg

County/Region

LYNCHBURG

MLS | Web ID

369050

Features
General
Living Area 1868.00
Sewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
HOA Fee 0.00
Year Built 1970
Property Subtype Multi-Family
Gross Income 0.00
County Lynchburg
Net Operating Income 0.00
Insurance Expense 0.00
Property Type Multi-Family
MaintenanceExpense 0.00
Subdivision Name Old Forest Rd
Close Price 0.00
Status Pending
Directions Headed North on Old Forest Road turn left on Richeson Drive turn left at the fork home is down on the left.
City Lynchburg
High School District Lynchburg
Number Of Units Total 2
MLS Area Lynchburg
Lot Size Units Acres
Lot Size Square Feet 64120.00
Electric Expense 0.00
Water Sewer Expense 0.00
Virtual Tour https://youtube.com/shorts/d-c6ww_XPIY
Availability Date 1800-01-01
Lease Type Net
Legal Description M D RICHESON LOTS 74-79 & FOREST ROAD PARCEL A
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Exterior
Parking Features Carport-Double Off Street Parking Paved Drive
Water Source City
Lot Size Acres 1.4720
Lot Size Source (Public Records)
Foundation Area 1080.00
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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Interior
3/4 Baths 0
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Internal Only
Street Number 1 127
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* Excluded Features
List By
BetsyFerguson

Listing Agent

Lynchburg's Finest Team Llc

Broker

betsy@lynchburgsfinest.com

Email

Affordability Calculator

$2,237
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,071
Monthly Property Taxes
$166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2591920 Elementary School
2591930 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$299,900 -3.26% Price Down
9/28/2026$310,000 -3.13% Price Down
9/17/2026$320,000 -3.00% Price Down
9/10/2026$329,900 -1.52% Price Down
9/4/2026$335,000 Listed Price

Map


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127 Richeson Drive, Lynchburg, VA, 24501 is a Multi-Family Home for sale at $299,900 with 1,868 sqft and a lot size of 1.472. 127 Richeson Drive has 3 bedrooms, 2.0 baths, and was built in 1970. The property's zip code is 24501 which is in Lynchburg, VA