Last Sold Price
1,709,294 Lot Size39.24 Acres
0 New London Rd, Forest, VA 24551

Description

Great development tract located across from London Downs Golf Club in the New London area of Forest, VA. consisting of 2 Parcels with a total of 108.57 total acres . This parcel consists of 39.24 acres 385 ft. of frontage on Rt. 811 (New London Rd.). Great visibility and access from Rt. 460 and Rt. 811. Sewer easement from Parcel 1 (69.33 ac parcel - MLS#335987). Water along Rt. 811 and high speed internet available. Property lays well and adjoins the Somerset Meadows Subdivision. Property is being...Great development tract located across from London Downs Golf Club in the New London area of Forest, VA. consisting of 2 Parcels with a total of 108.57 total acres . This parcel consists of 39.24 acres 385 ft. of frontage on Rt. 811 (New London Rd.). Great visibility and access from Rt. 460 and Rt. 811. Sewer easement from Parcel 1 (69.33 ac parcel - MLS#335987). Water along Rt. 811 and high speed internet available. Property lays well and adjoins the Somerset Meadows Subdivision. Property is being sold as a whole being two parcels. Must be sold with the 69.33 acre parcel listed separately MLS #335987. Sellers will not sell separately or subdivide. Seller retains 50% of Mineral Rights if not developed. Purchaser to pay all roll-back taxes at closing.
LISTING CLOSED: 11/16/2022 12:00 AM

  1. Listed by Ricky Read • Coldwell Banker Commercial Read & Company
  2. Listed by Rick L Read • Coldwell Banker Commercial Read & Company

Property Details for 0 New London Road

MLS #
335988
Days on Market
41
Taxes
$9,999 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
39.24 AC
Zoning
R-1
Subdivision/Complex
Readmoor Farm
Directions
Rt. 460 business towards New London to left at light onto Rt. 811.

Recent comparable sales

Median sold price

$225,000

Avg days on market

81

Sale-to-list ratio

98.9%

Forest, VA

9 comparable properties found

$74,900 | 1034 Wills Way, Forest, VA 24551
1/5
1

$74,900

Sold 03/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.39
Acres
2

$615,000

Sold 10/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$185,000 | 180 South Oak Lawn Drive, Forest, VA 24551
1/11
3

$185,000

Sold 10/25/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
view of city and mountain
1/28
4

$90,000

Sold 09/17/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.39
Acres
a view of outdoor space and yard
1/6
5

$60,000

Sold 11/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.53
Acres
6

$340,000

Sold 05/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
7

$399,000

Sold 07/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
8

$501,500

Sold 08/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.48
Acres
a close view of water heater room
1/6
9

$225,000

Sold 06/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
20
Acres

Location

Listing Courtesy of Coldwell Banker Commercial Read & Company, Ricky Read; Coldwell Banker Commercial Read & Company, Rick L Read

Sold By Ted Counts Realty & Auction, Bill C Bryant III

Add your commute

Building Information for 0 New London Road

Lot Size39.24 AC

Payment Calculator

$5,408 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,575

Property Taxes

$833

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 0 New London Road

Summary
Location and General Information
  • County/City: Bedford
  • State: VA
  • ZIP: 24551
  • Zip Plus 4: 3506
  • Area: Bedford
  • Longitude: .00
  • Latitude: .00
  • City/Town: Forest
  • Access: Rd Frnt State Paved
Taxes and HOA
  • Tax Map/Parcel ID: 15302300
  • Estimated Taxes: $9,999.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Bedford
Property
Lot Information
  • Acres: 39.24
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 1709294.0
  • Square Footage: 0.0
  • Lot Number: 4
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Road Frontage: 385.00
  • Restrictions: None
  • Age: 0
  • FIPS Code: 19
  • Legal Description: READMOOR FARM NEW LT 4 PB 59/1
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Interior and Exterior Features
Exterior Features
  • Attach Doc to DocBox: Other
Interior Features
  • Limited Services: No
  • Bathrooms: .00
  • Bathrooms Display: 0 (0 0)
  • Quarter Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 0
  • Possible Bedrooms: 0

Property History for 0 New London Road

DateEvent & SourcePriceAppreciation
Nov 16, 2022

Sold

Lynchburg Association of REALTORS #335988

$900,000
Feb 24, 2022

Pending

Lynchburg Association of REALTORS #335988

Jan 14, 2022

Listed (Active)

Lynchburg Association of REALTORS #129404

$950,000
DateEvent & SourcePrice
11/16/2022

Sold

Lynchburg Association of REALTORS #335988

$900,000
02/24/2022

Pending

Lynchburg Association of REALTORS #335988

01/14/2022

Listed (Active)

Lynchburg Association of REALTORS #129404

$950,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 New London Road

This home is within Bedford County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
New London Academy Elementary
PublicPK to 5

Forest Middle School
Public6 to 8

Jefferson Forest High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 0 New London Road, Forest, VA 24551
$900,000
1,709,294
$685,000
3
3,368
116,305
4
4
2,916
188,615
$105,000
3
1
1,088
90,169
$752,500
6
8,700
213,008
$117,500
3
4.5
3,845
542,322

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial Read & Company, Ricky Read; Coldwell Banker Commercial Read & Company, Rick L Read

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.