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1500 Main St #301, Lynchburg, VA, 24504

1beds
1baths
864sqft
$219,000
$253price/sqft
$1,641/moest. monthly cost
$65,640/yrincome needed

About This Home

Welcome to luxury low-maintenance living at The Wayne in the heart of downtown Lynchburg! This stunning first-floor end unit offers the perfect blend of style, convenience, and investment potential. Enjoy exclusive access to a private pool, a turf community courtyard offering an outdoor recreation area, dedicated parking, high-speed internet, and more. The spacious layout and prime location make this condo ideal as a full-time residence, weekend getaway, or short- or long-term rental opportunity. Step outside and experience everything downtown has to offer restaurants, boutiques, theaters, walking trails, breweries, and wine bars are all just moments away. Even better, the owner is willing to sell the unit fully furnished and turn-key, making for an effortless move-in or ready-to-go investment property. Don't miss your chance to own one of downtown Lynchburg's most desirable condo opportunities!

Getting Around

67
WalkingSomewhat Walkable
33
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

5/10
3/10
Sandusky Middle SchoolGrades 6-84.2 mi
2/10
Heritage High SchoolGrades 9-125.1 mi

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Other
  • Construction materials: Solid Masonry

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Self Cleaning Oven,Washer,Electric Water Heater
  • Laundry features: Laundry Closet

Basement

  • Basement: Slab

Bedroom2

  • Area: 0

Bedroom3

  • Area: 0

Bedroom4

  • Area: 0

Bedroom5

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Area: 0

Family Room

  • Area: 0

Features

  • High Speed Internet,Main Level Bedroom,Primary Bed w/Bath,Pantry,Tile Bath(s),Walk-In Closet(s)
  • Window features: Insulated Windows
  • Flooring: Tile,Vinyl Plank
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 864

Great Room

  • Area: 0

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Mini-Split

Interior Area

  • Total structure area: 864
  • Total interior livable area: 864 sqft

Kitchen

  • Level: First
  • Area: 288

Living Room

  • Level: First
  • Area: 288

Master Bedroom

  • Level: First
  • Area: 288

Office

  • Area: 0

Property

Details

  • Parcel number: 04612023
  • Zoning: b4

Features

  • Levels: One
  • Private pool: Yes
  • Pool features: In Ground

Lot

  • Lot size: 566.28 sqft

Parking

  • Parking features: Off Street

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

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,107$13,284
Home Insurance *$184$2,208
Property Taxes $148$1,776
Electricity $202$2,433
Total$1,641$19,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,262/yr
40% on housing$49,230/yr
45% on housing$43,760/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 24504$58
Lynchburg City$89

vs Homes Sold Last Month

Median $/sqft

ZIP 24504$126
Lynchburg City$153

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

DateEventPrice
2026-05-07Listed for sale$219,000
2026-02-19Listing removed$221,000
2025-11-12Price change$221,000
2025-09-15Listed for sale$224,900
2023-04-03Sold$219,900
2023-02-20Pending sale$219,900

For Sale by Agent

AgentTamara Dodson
BrokerageRealty ONE Group Leading Edge

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