Sold
Last Sold Price
54,450 Lot Size1.25 Acres
lot 2 Coltons Mill Rd, Bedford, VA 24523
LandProperty Type
1.25 acresLot Size

Description

Endless possibilities on this beautiful, wooded building lot, convenient to Bedford & Lynchburg. Lot fronts on Otter River, with a potential build site having a view of Bedford Lake and backdropped by the Blue Ridge Mountains. A short walk takes you to the top of the waterfall—which is incredible—and you can continue to the bottom of the falls; the view is breathtaking. This property overlooks the waterfall, river, and the privately owned Bedford Lake and makes for a spectacular building location....Endless possibilities on this beautiful, wooded building lot, convenient to Bedford & Lynchburg. Lot fronts on Otter River, with a potential build site having a view of Bedford Lake and backdropped by the Blue Ridge Mountains. A short walk takes you to the top of the waterfall—which is incredible—and you can continue to the bottom of the falls; the view is breathtaking. This property overlooks the waterfall, river, and the privately owned Bedford Lake and makes for a spectacular building location. If you love nature and quiet, serene living, this is your dream build spot!
  • Listed by: ROBERT HURT • LYONS TEAM, REALTORS®
  • Listed by: RONALD GROSS • LYONS TEAM, REALTORS®
Listing closed: 12/22/2025 12:00 AM • Source: Roanoke Valley Association of REALTORS, MLS#: 915147

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Recent comparable sales

Median sold price

$61,250

Avg days on market

72

Sale-to-list ratio

89.2%

Bedford, VA

9 comparable properties found

$60,000 | Lot 4 Virginia Byway, Bedford, VA 24523
1/9
1

$60,000

Sold 12/02/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.5
Acres
view of a lake view
1/19
2

$68,500

Sold 12/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.64
Acres
a view of a lake in a city
1/20
3

$62,500

Sold 12/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.26
Acres
$63,400 | Off Black Walnut Farm Road, Bedford, PA 15522
1/21
4

$63,400

Sold 11/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.25
Acres
$65,000 | 0 Smith Lane, Bedford, KY 40006
1/7
5

$65,000

Sold 07/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.27
Acres
$58,500 | 1974 Twin Peaks Drive, Bedford, VA 24523
1/4
6

$58,500

Sold 09/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.78
Acres
$75,000 | 0 Section 2 Boro, Bedford, PA 15522
1/2
7

$75,000

Sold 01/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
$56,500 | 0 Stone Mountain Road, Bedford, VA 24523
1/10
8

$56,500

Sold 09/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.02
Acres
$55,000 | 234 Sycamore Trail, Bedford, KY 40006
1/3
9

$55,000

Sold 07/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.12
Acres

Location

Listing Courtesy of LYONS TEAM, REALTORS®, ROBERT HURT; LYONS TEAM, REALTORS®, RONALD GROSS

Sold By MAGNOLIA MOUNTAIN REALTY - MAIN, ROXANNE HARRIS

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$374 per month

30 year fixed, 7.03% Interest

Principal and Interest

$352

Property Taxes

$22

HOA Dues

$0

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Property Information for Lot 2 Coltons Mill Road

Property Details
  • Taxes: $265 / year
  • MLS Type: Land / Land (Acreage)
  • View: Lake
Building Information
  • Lot Size: 1.25 AC
Summary
Location and General Information
  • Directions: Rt 122 North from Bedford to left on Coltons Mill Road to property on left.
  • MLS Area Major: 0600 - Bedford County
  • City: Bedford
  • State Or Province: VA
  • Postal Code: 24523
  • County Or Parish: Bedford County
  • MLS Area Minor: 0600 - Bedford County
  • General Property Description - Water Class: Waterfront Property
  • General Property Description - Length of Waterfront: 100.0
  • Property Description - Stream3: Yes
  • Property Description - Views3: Yes
  • Misc Features - Stream: Yes
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 39 5 2
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract Or Section: 0
  • Tax Amount: $265
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $265
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Big Island
  • Middle Or Junior School: Liberty Middle
  • High School: Liberty High
Property
Lot Information
  • Lot Size Acres: 1.25
  • Lot Size Area: 1.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 54450.0
  • General Property Description - Total Acreage: 1.25
  • General Property Description - Manufactured Allowed: No
  • Land Description - Down Slope: Yes
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Land
  • Property Sub Type: Land (Acreage)
  • General Property Description - Land Sub - Type: Residential - Single Family
  • Property Type Label: Land
Utilities
  • General Property Description - Water ID: River or Other
  • Sewer: None
  • Other Water Details - River or Other: River
Interior and Exterior Features
Interior Features
  • Electric: Above Ground
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0

Property History for Lot 2 Coltons Mill Road

DateEvent & SourcePriceAppreciation
Dec 22, 2025

Sold

Roanoke Valley Association of REALTORS #915147

$66,000—
Nov 2, 2025

Pending

Roanoke Valley Association of REALTORS #915147

—
Sep 19, 2025

Price Change

Roanoke Valley Association of REALTORS #915147

$71,500—
DateEvent & SourcePrice
12/22/2025

Sold

Roanoke Valley Association of REALTORS #915147

$66,000
11/02/2025

Pending

Roanoke Valley Association of REALTORS #915147

—
09/19/2025

Price Change

Roanoke Valley Association of REALTORS #915147

$71,500

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

Schools near Lot 2 Coltons Mill 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
Big Island Elementary School
PublicPK to 5

Bedford Middle School
Public6 to 8

Liberty 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: Lot 2 Coltons Mill Road, Bedford, VA 24523
$66,000
–
–
–
54,450
–
3
2
2,442
67,954
–
3
1
960
20,038
–
3
2
2,433
138,085
–
–
2
2,176
5,535,605
$930,000
4
4.5
6,331
1,195,286

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 LYONS TEAM, REALTORS®, ROBERT HURT; LYONS TEAM, REALTORS®, RONALD GROSS

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.