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    1208 Dearing St Lynchburg, VA 24503

    For Sale
    $174,900

    Farm House, Single Family Residence - Lynchburg, VA

    Type:Farm
    Property size:
    2,176 SF
    Lot size:
    0.17 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 1208 Dearing St

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    R3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Living Room
    Bedrooms
    4
    Bathrooms
    2
    APN
    02208018
    Patio and Porch features
    Porch
    Interior features
    Apartment, Main Level Bedroom
    Exterior features
    Front Porch
    Basement Y/N
    1
    Appliances
    Dryer, Refrigerator
    Size
    2,176 SF
    Lot size
    0.17 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1905
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl, Wood
    Building materials
    Asbestos
    Roof type
    Metal
    Architectural style
    Other

    Watts Auction Realty Appraisals, Inc (434) 821-5263 [email protected]

    Listing agent Charlie A Watts II (434) 821-5263 License #0225086405

    Listing date Oct 21, 2025

    MLS# 362656 Listing URL

    Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rivermont Home with Income Potential

    Located in Lynchburg, Virginia, this classic home in Rivermont offers a total area of 2176 square feet on a 0.1722-acre lot. The property is zoned R3 and is suitable as a single-family residence, residential income property, duplex, or multifamily property. The main level is configured as a separate apartment with its own entrance, kitchen, and two bedrooms. The upstairs also has its own entrance and includes an additional two bedrooms, kitchen, and living room. The home features new updates throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Building Supply Gym & Fitness Auto Repair Shop Accounting Firm Wholesale Shop Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.152791
    Latitude
    37.4310162

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    FAQs

    What type of property is this?
    Single family property - Classic Lynchburg home with separate apartment and updated features.
    Where is this single family property located?
    The property is located at 1208 Dearing St Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $174,900.
    What are key features of this property?
    This property features: - Separate apartment on the main level with its own entrance and kitchen.; - Upstairs also has a separate entrance, kitchen, and living room.; - Four bedrooms total (two on each level).
    (434) 821-5263
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1208 Dearing St Lynchburg, VA 24503
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