Rainbow Knoll is majestically situated on a scenic knoll off Padgetts Hill Road: 6 rolling acres with extraordinary views of the Blue Ridge Mountains. Dreaming of homesteading? This farmette is equipped for your 4-legged friends with its 2-stall horse barn, fenced paddock, workshop, kennel, storage building, & more! Offering endless potential, breathe your creative vision to life in this sweet 3BR/2BA ranch style home. Located in the southern part of Rockbridge County, Rainbow Knoll is convenient to I-81, Rt 11, Natural Bridge & Lexington. Close by is a cidery, brewery, winery, Main Gait Horse facility, Buddhist Center, the Natural Bridge, Natural Bridge Zoo & Safari Park. BRAND NEW HVAC, new LVP flooring throughout, freshly painted walls, new light fixtures, Standby Generator, and more
Single-familyProperty Type
1980Year Built
6 acresLot Size
$255Est. Price/Sq.Ft.
1 car garageParking
Listed by PAULA MARTIN• LEXINGTON REAL ESTATE CONNECTION
Bought with Non Member Transaction Agent• Non-Member Transaction Office
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Earn from this home
Refinance
$0
Est. cash available
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Rent
$2,773/mo
Redfin rental estimate
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Market trends in 24578, VA
Last updated September 2026
Sale-to-List Price
97.2%
0.0% MoM
Median sale price
$474K
$0 MoM
Avg. days on market
78d
0 days MoM
Recently sold homes
2
0 MoM
Provided by Redfin
Sale history for 461 Padgetts Hill Rd
Date
Event
Price
RHR #137513
Apr 13, 2023
Sold
$355,000
$215/sq ft
Mar 5, 2023
Delisted
—
Feb 27, 2023
Listed
$350,000
$212/sq ft
+57
Rainbow Knoll is majestically situated on a scenic knoll off Padgetts Hill Road: 6 rolling acres with extraordinary views of the Blue Ridge Mountains. Dreaming of homesteading? This farmette is equipped for your 4-legged friends with its 2-stall horse barn, fenced paddock, workshop, kennel, storage building, & more! Offering endless potential, breathe your creative vision to life in this sweet 3BR/2BA ranch style home. Located in the southern part of Rockbridge County, Rainbow Knoll is convenient to I-81, Rt 11, Natural Bridge & Lexington. Close by is a cidery, brewery, winery, Main Gait Horse facility, Buddhist Center, the Natural Bridge, Natural Bridge Zoo & Safari Park. Property to be sold ''as is''.
GAAR #638983
Apr 13, 2023
Sold
$355,000
$215/sq ft
Feb 27, 2023
Listed
$350,000
$212/sq ft
+57
Rainbow Knoll is majestically situated on a scenic knoll off Padgetts Hill Road: 6 rolling acres with extraordinary views of the Blue Ridge Mountains. Dreaming of homesteading? This farmette is equipped for your 4-legged friends with its 2-stall horse barn, fenced paddock, workshop, kennel, storage building, & more! Offering endless potential, breathe your creative vision to life in this sweet 3BR/2BA ranch style home. Located in the southern part of Rockbridge County, Rainbow Knoll is convenient to I-81, Rt 11, Natural Bridge & Lexington. Close by is a cidery, brewery, winery, Main Gait Horse facility, Buddhist Center, the Natural Bridge, Natural Bridge Zoo & Safari Park. BRAND NEW HVAC, new LVP flooring throughout, freshly painted walls, new light fixtures, Standby Generator, and more
MLSRV #896332
Apr 13, 2023
Sold
$355,000
$215/sq ft
Mar 6, 2023
Pending
—
Feb 27, 2023
Listed
$350,000
$212/sq ft
RHR #136508
Mar 14, 2022
Sold
$300,000
$182/sq ft
Nov 2, 2021
Listed
$299,000
$181/sq ft
Public Records
Jan 7, 2004
Sold
$172,500
$105/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,701
$60,000 + $205,800
$265,800
2025
$1,701 (+4.6%)
$60,000 + $205,800
$265,800
2022
$1,627
$60,000 + $159,800
$219,800
2021
$1,627
$60,000 + $159,800
$219,800
2020
$1,627 (+1.4%)
$60,000 + $159,800
$219,800
2019
$1,605 (+4.3%)
$60,000 + $159,800
$219,800
2018
$1,539
$60,000 + $159,800
$219,800
2017
$1,539 (−9.2%)
$60,000 + $159,800
$219,800
2016
$1,695 (+2.8%)
$65,000 + $165,700
$230,700
2014
$1,649 (+11.7%)
$65,000 + $165,700
$230,700
2012
$1,476
$65,000 + $165,700
$230,700
Tax history for 461 Padgetts Hill Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,701
$60,000 + $205,800
$265,800
2025
$1,701 (+4.6%)
$60,000 + $205,800
$265,800
2022
$1,627
$60,000 + $159,800
$219,800
2021
$1,627
$60,000 + $159,800
$219,800
2020
$1,627 (+1.4%)
$60,000 + $159,800
$219,800
2019
$1,605 (+4.3%)
$60,000 + $159,800
$219,800
2018
$1,539
$60,000 + $159,800
$219,800
2017
$1,539 (−9.2%)
$60,000 + $159,800
$219,800
2016
$1,695 (+2.8%)
$65,000 + $165,700
$230,700
2014
$1,649 (+11.7%)
$65,000 + $165,700
$230,700
2012
$1,476
$65,000 + $165,700
$230,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6 Acres
Year renovated
1997
Sq. Ft.
1,672
Year built
1984
Style
Single Family Residential
County
Rockbridge County
APN
95-5-D4
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
Property details
Interior
Bedroom Information
# of Bedrooms (Total): 3
# of Main Level Bedrooms: 3
Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 2
Fireplace Information
Has Fireplace
Interior Features
# of Rooms (Total): 7
Flooring: Vinyl
Interior Features: Wood Stove, Storage
Exterior
Building Information
Building Area (Total): 1,650
Year Built: 1980
Exterior Features
Patio And Porch Features: Front Porch
Property Information
PropertyType: Residential
Green Energy Efficient: Wood Stove
Lot Information
Lot Size Area: 6
Lot Size Acres: 6
Lot Size Square Feet: 261,360
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: $1,967
Parcel Number: 95 5 D4
Utilities
Heating & Cooling
Has Heating
Heating: Heat Pump
Location
School Information
Elementary School: Other - See Remarks
Middle Or Junior School: Other - See Remarks
High School: Other - See Remarks
Location Information
Directions: Head South on Rt 11 for 8 miles. Take a right on Herring Hall Road and continue for .7 miles. Right on Padgetts Hill Road. Driveway will be on the Right after 1.8 miles.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,672
Stories: 1.0
Lot Size: 6 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1997
County: Rockbridge County
APN: 95-5-D4
Home facts updated by county records on Jul 31, 2026
Other
Listing Information
ListingId: 896332
ListPrice: $350,000
Around this home
Schools
Natural Bridge Elementary School
Public PreK-5 • Assigned • 4.6mi
2/10
Maury River Middle School
Public 6-8 • Assigned • 8.8mi
5/10
Rockbridge County High School
Public 9-12 • Assigned • 11.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 100° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Natural Bridge, VA • 24578
Average low and high temperatures (°F)
41
23
48
29
65
39
73
48
74
52
84
62
88
68
79
61
78
56
69
46
59
39
46
29
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Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.