Under contract

40 Fairfield Ln

Troutville, VA 24175 · Rainbow Forest

$364,950

  • 3beds
  • 3baths
  • 2,102sq ft
  • 0.73acres
  • 1970built

Listed by Long & Foster - Roanoke Office

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About this home.

For many, living in Botetourt is the dream. Don't pinch yourself, this dream can come true! New on the market is this gorgeous brick ranch on a large.73 acre lot. A large detached garage for your boat or favorite vehicle, plus a huge workshop behind it with lots of shelving and workbench space. 3 bedrooms and 2 full baths on entry including primary bedroom with private bath. Laundry on main level too! You'll love the private screened porch, the laundry on main level, on the lower you'll find basically enough finished space for an entire residence! There's a family room, storage, the home's 3rd full bath, and rooms that would be perfect for bedrooms 4 and 5. Troutville is waiting for you! Come on home.

Facts and features.

The home

Type
House (Single Family Residence)
Style
Ranch

Inside

Basement
Full, Walk-Out Access
Finished basement
800 sq ft
Flooring
Tile, Vinyl, Wood
Appliances
Microwave Oven (Built In), Dishwasher, Electric Range, Refrigerator

Outside and lot

View
mountain
Lot setting
Gentle Sloping

Utilities

Heating
Forced Air Oil
Cooling
Central Air

Community

Subdivision
Rainbow Forest
HOA dues
None
County
Botetourt County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #925866

Price and status history.

58

days on market

DateEventPrice
Jul 6, 2026Under contractSame price
Mar 26, 2026Listed for sale$364,950

Price per square foot

This home$174
Troutville house median$178

Asking price per finished square foot, compared with the median of 105 houses sold in Troutville in the last 12 months. 2% below the median.

Location.

40 Fairfield Ln, Troutville, VA 24175

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$2,098/mo

Principal and interest
$1,845
Property tax
$153
Home insurance
$100
HOA dues
None listed

Loan amount $291,960

Example rate only. Change it to the rate a lender offers you.

From the listing. Taxes can change after a sale.

Example. Use your quote.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Long & Foster - Roanoke Office.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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