1871 Rainbow Forest Dr, Troutville, VA, 24175
About This Home
4BR/3BA split foyer located in desirable Botetourt County. The lower level features a fourth bedroom and full bathroom, along with a kitchenette--ideal for extended living, guests, or a potential in-law suite. This home offers a functional layout and is ready for updates, making it a great opportunity for buyers to add their personal touch and build equity. Convenient location with tons of potential! Schools: Read Middle & Botetourt High School
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1975
Materials
- Construction materials: Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Refrigerator
Basement
- Has basement: Yes
Bedroom2
- Level: U
Bedroom3
- Level: U
Bedroom4
- Level: L
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining Area
- Level: U
Features
- Flooring: Carpet,Wood
- Finished area below ground: 1,050
- Finished area above ground: 1,795
Heating
- Heating features: Heat Pump Electric
Interior Area
- Total structure area: 2,845
- Total interior livable area: 2,845 sqft
Kitchen
- Level: U
Laundry
- Level: L
Living Room
- Level: U
Primary Bedroom
- Level: U
Property
Details
- Parcel number: 108A(1)BK52
Lot
- Lot size: 1.50 Acres
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Cold Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,515 | $18,180 |
| Home Insurance * | $110 | $1,320 |
| Property Taxes | $186 | $2,232 |
| Electricity | $274 | $3,288 |
| Total | $2,085 | $25,020 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Price change | $299,950 |
| 2026-05-07 | Price change | $299,975 |
| 2026-04-21 | Listed for sale | $300,000 |
View on Zillow