Sold
Last Sold Price
81,457 Lot Size1.87 Acres

5 Founding Way Rd, Bedford, VA 24523

LandProperty Type
1.87 acresLot Size

Description

Rare find in Goode! Only 8 mins to Forest, right off Rt 221 & near Bedford. Beautiful 1.87 acre flat lot located off Timber Ridge Road surrounded by beautiful homes. Already surveyed & perc tested for a 4 bedroom house. Very private, quiet & no HOA. Ready to clear and build. Small brush on the land makes lot clearing costs minimal. NO restrictions on animals/livestock. Bring your Goats, Chickens, etc. This land is ready to build your beautiful, private dream home. No mobile homes, modulars allowed.Rare find in Goode! Only 8 mins to Forest, right off Rt 221 & near Bedford. Beautiful 1.87 acre flat lot located off Timber Ridge Road surrounded by beautiful homes. Already surveyed & perc tested for a 4 bedroom house. Very private, quiet & no HOA. Ready to clear and build. Small brush on the land makes lot clearing costs minimal. NO restrictions on animals/livestock. Bring your Goats, Chickens, etc. This land is ready to build your beautiful, private dream home. No mobile homes, modulars allowed.
  • Listed by: Lara Winn • Mark A. Dalton & Co., Inc.
Listing closed: 02/17/2023 12:00 AM • Source: Lynchburg Association of REALTORS, MLS#: 341172
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Recent comparable sales

Median sold price

$66,000

Avg days on market

89

Sale-to-list ratio

93.5%

Bedford, VA

9 comparable properties found

a view of a lush green space
1/10
1

$62,000

Sold 03/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.87
Acres
a view of a forest with lots of trees
1/21
2

$70,000

Sold 03/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8
Acres
3

$65,000

Sold 08/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.13
Acres
4

$75,000

Sold 01/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
51.67
Acres
$80,000 | 1091 Twilight Drive, Bedford, VA 24523
1/16
5

$80,000

Sold 03/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.17
Acres
$66,000 | 2 Coltons Mill, Bedford, VA 24523
1/10
6

$66,000

Sold 12/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.25
Acres
a view of a bunch of trees and bushes
1/11
7

$43,000

Sold 12/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.02
Acres
a view of a yard with a tree
1/2
8

$80,000

Sold 06/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.5
Acres
$60,000 | 0 Nichols Road, Bedford, VA 24523
1/8
9

$60,000

Sold 01/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.95
Acres

Location

Listing Courtesy of Mark A. Dalton & Co., Inc., Lara Winn

Sold By Mark A. Dalton & Co., Inc., Lara Winn

Add your commute
Payment Calculator

$378 per month

30 year fixed, 7.03% Interest

Principal and Interest

$363

Property Taxes

$15

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 5 Founding Way Road

Property Details

  • Taxes: $182 / year
  • MLS Type: Land / Unimproved Land
  • Directions: Rt. 221 to Left on Timber Ridge Road; Left onto Founding Way Road

Building Information

  • Lot Size: 1.87 AC

Summary

Location and General Information
  • County/City: Bedford
  • State: VA
  • ZIP: 24523
  • Area: Bedford
  • Longitude: -79.45
  • Latitude: 37.36
  • City/Town: Goode
  • Access: Rd Frnt State Unpavd
Taxes and HOA
  • Tax Map/Parcel ID: 90512899
  • Estimated Taxes: $182.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Bedford

Property

Lot Information
  • Acres: 1.87
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 81457.0
  • Square Footage: 0.0
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Road Frontage: .00
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed
  • Topography: Flat, Gradual Slope
  • Age: 0
  • FIPS Code: 19
  • Legal Description: LOT 5 PB 61/137
  • Building on Property: None
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Best Use: Dvlp to Residential
  • Current Use: Investment, Residential, Single Family, Unimproved, Vacant
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Utility - Electric: American Electric
  • Utilities: Preliminary Soil Wk

Interior and Exterior Features

Exterior Features
  • Attach Doc to DocBox: Tax Map
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 5 Founding Way Road

DateEvent & SourcePriceAppreciation
Feb 17, 2023

Sold

Lynchburg Association of REALTORS #341172

$68,000—
Jan 10, 2023

Pending

Lynchburg Association of REALTORS #341172

—
Oct 26, 2022

Price Change

Lynchburg Association of REALTORS #341172

$87,500—
DateEvent & SourcePrice
02/17/2023

Sold

Lynchburg Association of REALTORS #341172

$68,000
01/10/2023

Pending

Lynchburg Association of REALTORS #341172

—
10/26/2022

Price Change

Lynchburg Association of REALTORS #341172

$87,500

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

Schools near 5 Founding Way 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
Otter River Elementary School
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: 5 Founding Way Road, Bedford, VA 24523
$68,000
–
–
–
81,457
$62,000
–
–
–
81,457
$121,000
–
–
–
470,012
$55,000
–
–
–
81,457
$208,000
3
2
1,378
715,255
$14,750
–
–
–
88,427

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 Mark A. Dalton & Co., Inc., Lara Winn

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.