#359362, Cheryl Montecino, Listing office: Mark A. Dalton & Co., Inc.
$540,000 List price
348 Timberlake Dr Lynchburg, VA 24502
3 beds
2 full, 1 partial
2,299 sqft
1.0 acres
$235 / sqft
House
Property details
About 348 Timberlake Dr
Welcome to life at the lake! Nestled in Lynchburgs hidden gem! Here is the rare opportunity to enjoy peaceful, lake-centered living in a beautifully spacious home all for an incredible value. This charming property is being sold as-is, offering a unique chance for buyers to bring their own touch to a home already filled with character & possibility. Inside, youll find ample living space, natural light that dances across every room, & views that whisper, slow down, youre home now. Step outside & youll see why Timberlake is such a treasure. With your private lakefront, you will feel a true sense of neighborhood. This community is where morning walks, paddleboard evenings, & front-porch chats still exist. Whether youre sipping coffee by the water or launching a kayak at sunset, the pace here is simply different. The HOA is just $250/year, covering lake access and common area maintenance. So bring your vision, bring your dreams, & bring your flip-flops!
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size2,299 sqft
BasementYes
Lot size0.97 Acres
Year built1984
MLS #360756
Fireplace1 Fireplace, Gas Log, Living Room
ViewOther
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Self Cleaning Oven, Washer
- Basement: Yes
- Flooring Type: Tile
- Interior: Cable Available, Ceiling Fan(s), Drapes, Drywall, Great Room, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Pantry, Rods, Separate Dining Room, Skylights, Tile Bath(s), Walk-In Closet(s), Workshop, Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
- Fireplace: 1 Fireplace, Gas Log, Living Room
- Total Bedroom Count: 3
- View: Other
- Exterior: Deck, Off-Street Parking, Porch, Rear Porch, Landscaped
- Architectural Style: Contemporary
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $540,000
- Price/SqFt: $234
- HOA Amount: $250 Annually
- Annual Tax Amount: $1,498
- Tax Year: 2024
- Directions: Timberlake Rd to Grove Rd. Left on Timberlake Drive, home on Right.
- Year Built: 1984
- Stories: 2
- Living Area: 2,299 SqFt
- Lot Size: 0.97 Acres
- MLS Number: 360756
- MLS Name: Lynchburg
- Office Name: NextHome TwoFourFive
- Office Phone: (434) 382-1828
- Office Email: nexthome245@gmail.com
- Listing Agent: Lisa B Garrett
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 6:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $332,900 | $1,498 |
| 2023 | $332,900 | $1,498 |
| 2022 | $267,000 | $1,388 |
| 2021 | $267,000 | $1,388 |
| 2020 | $267,000 | $1,388 |
| 2019 | $267,000 | $1,410 |
| 2018 | $271,300 | $1,410 |
| 2017 | $271,300 | $1,410 |
History based on county public records data.
Nearby schools
8
New London Academy
Public District PK-5
2.2 mi
•12400 E Lynchburg Salem Tpke
6
Tomahawk Elementary School
Public District PK-5
2.5 mi
•155 Bee Dr
6
Leesville Road Elementary School
Public District PK-5
2.8 mi
•25 Lewis Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,264. Typical income of Lynchburg, VA residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
13%
<35k
63%
35k-100k
23%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
9%
Single, with Kids
36%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
NASCAR
PGA/LPGA
Soccer
Where do the neighbors shop?
Dick's Sporting Goods
Stein Mart
Old Navy
Where do the neighbors go to eat?
Arbys
Bob Evans
Jimmy Johns
What do the neighbors drive?
GMC
Lincoln
Chevrolet
What do the neighbors listen to?
Adult Hits
News/Talk/Information
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 348 Timberlake Dr
The listing price of 348 Timberlake Dr property is $540,000.
The property 348 Timberlake Dr is a house located in Lynchburg, Virginia, 24502.
Active Listing: 348 Timberlake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 348 Timberlake Dr are: New London Academy (GreatSchools Rating 8/10), Tomahawk Elementary School (GreatSchools Rating 6/10), Leesville Road Elementary School (GreatSchools Rating 6/10), Brookville Middle School (GreatSchools Rating 4/10), Forest Middle School (GreatSchools Rating 7/10), Sandusky Middle School (GreatSchools Rating 3/10), Brookville High School (GreatSchools Rating 5/10), Jefferson Forest High School (GreatSchools Rating 5/10), Heritage High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,498 (source: MLS/based on county public records data).
The property at 348 Timberlake Dr has 3 bedrooms and 2 full and 1 half bathrooms.
The property 348 Timberlake Dr is 2,299 SqFt (source: MLS/tax record).
The year of construction for 348 Timberlake Dr is 1984.
This home is located at 348 Timberlake Dr in Lynchburg, VA and zip code 24502. This 2,299 square foot home, which was built in 1984, sits on a 0.97 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $540,000.
In June 2025, from all listings sold in Lynchburg, VA there were more than 47 sold above asking price, over 42 sold below and more than 44 were sold right at the asked price. In June 2025 in Lynchburg, VA there were 0.4% less homes for sale than in May. In June 2025 median list price was $285,000 and the average listing age was 27 days.
From Rocket Homes Real Estate and based on county public records data.