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    2 Coltons Mill Rd Bedford, VA 24523

    Under Contract
    For Sale
    $69,500

    Unimproved Land - Bedford, VA

    Type:Unimproved Land
    Lot size:
    1.25 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 2 Coltons Mill Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    3905021
    Lot size
    1.25 Acres

    Building Details

    Architectural style
    Other

    Lyons Team Brokerage Firm LLC (540) 297-7777 [email protected]

    Listing agent Ronnie L Gross (540) 297-7777 License #0225180171

    Listing date Nov 2, 2025

    MLS# 357745 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

    Wooded Lot with River Frontage

    This 1.25 acre wooded building lot offers endless possibilities and is conveniently located near Bedford and Lynchburg. The lot fronts on the Otter River and features a potential build site with views of Bedford Lake and the Blue Ridge Mountains. A short walk leads to the top of a waterfall, with an option to continue to the bottom, offering breathtaking views. The property overlooks the waterfall, river, and the privately owned Bedford Lake, making it a spectacular building location. This property is intended for residential use and is located in Bedford, VA.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Bedford
    State
    Virginia
    Longitude
    -79.4714249
    Latitude
    37.4707226

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    FAQs

    What type of property is this?
    Land - Beautiful 1.25 acre wooded building lot with Otter River frontage.
    Where is this land located?
    The property is located at 2 Coltons Mill Rd Bedford, VA.
    What is the asking price?
    The asking price for this property is $69,500.
    What are key features of this property?
    This property features: - Waterfront property on Otter River with potential views of Bedford Lake and the Blue Ridge Mountains.; - Potential building site overlooking a waterfall, river, and lake.; - Wooded lot offering privacy and a serene living environment.
    (540) 297-7777
    Request Owner's contact information
    2 Coltons Mill Rd Bedford, VA 24523
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    Bedford, VA 24523
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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
    2 Coltons Mill Rd Bedford, VA 24523
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