5224 Lipps Rd, Roanoke, VA 24018
OFF MARKET

$415,300

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,079 sqft (on 0.62 acres)

5224 Lipps Rd, Roanoke, VA 24018

Cave Spring
Est. Refi. Payment $2,601/mo*
Refinance Your Home
Currently Off Market - Sold Aug 30, 2012 for $210,000

Home Value

Trulia Estimate
$415K
Since last month
Decreased$3K (-0.8%)
Since last year
Increased$5K (+1.1%)
Since last sale
Increased$203K (+96.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +70% in the last 10 years
MonthEstimated value
2026
September 2026$413K
August 2026$415K
July 2026$416K
June 2026$426K
May 2026$427K
April 2026$422K
March 2026$414K
February 2026$409K
January 2026$404K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5217 Lipps Rd, Roanoke, VA
0.05
Single-Family Home
$350,000
11/21/25
3
2
2,092
3311 Farmington Dr, Roanoke, VA
0.21
Single-Family Home
$365,000
11/21/25
4
2
2,226
3153 Shorthorn Dr, Roanoke, VA
0.27
Single-Family Home
$250,000
09/25/25
3
2
1,908
4548 Cresthill Dr, Roanoke, VA
0.42
Single-Family Home
$200,000
03/27/26
4
2
1,750
3153 Shorthorn Dr SW, Roanoke, VA
0.27
Single-Family Home
$250,000
09/25/25
3
2
2,108
5417 Lakeland Dr, Roanoke, VA
0.19
Single-Family Home
$399,000
07/10/26
3
2
1,886
4402 Kirkwood Dr, Roanoke, VA
0.37
Single-Family Home
$261,800
03/13/26
3
2
1,350
3138 Galloway Dr, Roanoke, VA
0.36
Single-Family Home
$339,000
04/29/26
4
2
1,694
3221 Winterberry Dr, Roanoke, VA
0.13
Single-Family Home
$315,000
09/30/25
3
2
1,278
5365 Gieser Rd, Roanoke, VA
0.25
Single-Family Home
$379,000
08/31/26
3
2.5
2,278

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5220 Lipps Rd, Roanoke, VA 24018
0.04
$344,200
2
3
2,040
Off Market
5217 Lipps Rd, Roanoke, VA 24018
0.05
$350,000
3
2
2,092
Recently Sold
5207 Green Meadow Rd, Roanoke, VA 24018
0.05
$301,400
3
2
1,431
Off Market
3226 Winterberry Dr, Roanoke, VA 24018
0.10
$349,700
4
3
2,330
Off Market
3225 Winterberry Dr SW, Roanoke, VA 24018
0.12
$326,800
3
2
1,518
Off Market
5303 Lakeland Dr, Roanoke, VA 24018
0.12
$329,900
3
2
1,598
Off Market
3113 Winterberry Sq, Roanoke, VA 24018
0.12
$288,200
2
2
1,256
Off Market
3214 Winterberry Dr SW, Roanoke, VA 24018
0.13
$308,100
3
2
1,626
Off Market
3221 Winterberry Dr, Roanoke, VA 24018
0.13
$320,000
3
2
1,278
Off Market
3109 Winterberry Sq, Roanoke, VA 24018
0.14
$329,600
2
2
1,106
Off Market
5175 Lakeland Dr, Roanoke, VA 24018
0.13
$566,000
4
2.5
3,671
Off Market
3106 Winterberry Sq, Roanoke, VA 24018
0.14
$380,100
2
2
1,226
Off Market

Local Information

  • Map ViewExplore the area around 5224 Lipps Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1972
0.62 acre lot
2,079 sqft
$200/sqft
Garage

About this House

Quality built with hardwood floors, brick and vinyl, wooded lot. A Must See! Available NOW!
5224 Lipps Rd, Roanoke, VA 24018 is a 4 bedroom, 2 bathroom, 2,079 sqft single-family home in Cave Spring, built in 1972. It last sold for $210,000 on Aug 30, 2012. More recently, it was listed as a rental in October 2012 with an asking price of $1,350 per month. That rental listing was removed on October 17, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $415,300, with a rent estimate of $2,709/month.

Home Details for 5224 Lipps Rd

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Other, Hardwood

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: BrickFoundation Type: Footing
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1972Year Updated: 1985
Property Type / Style
Property Type: Single Family HomeArchitecture: Split-level

Community

Units in Building: 1

Lot Information

Lot Area: 0.62 acres

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$1,350
Oct 11, 2012
Source: Agent Provided
Listed For Rent
$1,350
Aug 30, 2012
Source: N/A
Sold
$210,000
Jul 10, 2012
Source: Agent Provided
Listed For Sale
$224,900

Market trends in Cave Spring

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$343K
$4KMoM
Sale-to-List Price
99.3%
0.1%MoM
Price per sq ft
$175
$1MoM
Available listings
119
10MoM

Around this home

Neighborhood Overview

Cave Spring
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cave Spring

At least 181 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 91 % Say it's dog friendly

  • 87 % Say parking is easy

  • 75 % Say it's quiet

  • 74 % Say there's holiday spirit

  • 72 % Say there's wildlife

  • 71 % Say people would walk alone at night

  • 71 % Say kids play outside

  • 70 % Say yards are well-kept

  • 59 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 40 % Say it's walkable to grocery stores

  • 30 % Say streets are well-lit

  • 28 % Say it's walkable to restaurants

  • 26 % Say there are sidewalks

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Carochemtai1
    "No common events, but our church does potluck. Also our kids attend skating together or swimming. Its a cool place to live"
    1
    Flag
  • D2fs4w9nqg
    "I lived here my whole life. I grew up in this neighborhood. It’s a good area. Family friendly! "
    0
    Flag
  • Trulia User
    "We need sidewalks in Roanoke county!! Cave spring for sure! Please give us somewhere to walk I have walked on the side of the road for years and had to walk in thorns I think it would help everyone and businesses could get more business with the ability for more people to access them. If people do not have cars sidewalks would be greatly appreciated."
    14
    Flag
  • Trulia User
    "Lots of families with dogs who walk them daily. People are friendly and extremely pet friendly. Great for families with or without kids/pets. "
    1
    Flag
  • Trulia User
    "Many people have dogs and you see them being walked all the time. People really like dogs and take good care of them. "
    0
    Flag
  • Trulia User
    "You see people walking their dogs all the time. Neighbors will occasionally greet them with treats. Some apartment communities will have Doggy Swim Days the last pool day of the season. We love that day,and so do the dogs! ❤"
    0
    Flag
  • Trulia User
    " Very friendly neighborhood, great schools, everyone is nice and very Neighborly. Feel real safe with my kids playing in the neighborhood. "
    0
    Flag
  • Trulia User
    "Great neighborhood to walk in raise kids in home value increasing fast lots of people that walk around"
    0
    Flag
  • Trulia User
    "Extremely safe, no robbery, educated people, convenient to everything, beautiful views, clean and quiet neighborhood, best schools."
    0
    Flag
  • Trulia User
    "I come here to visit often. The restaurants are absolutely amazing here too! The food is delish! There are many cute lil neighborhoods around!"
    2
    Flag
  • Trulia User
    "Conveniently Located close to Tanglewood, Towers, Grandin, Salem and downtown. Not to far from Valley View when needed. "
    0
    Flag
  • Ktphillips7685
    "You see a lot of people walking their dogs. It’s a pretty safe area for your dog to be in. I’ve never noticed any maltreatment towards dogs here. All of the owners are typically friendly and open. Of course all of the dogs are great dogs. There is plenty of sidewalk space for dog walking as well as grass for the dogs to roam and play in. "
    4
    Flag
  • Ktphillips7685
    "Dogs are well welcomed. Dogs are not messed with, generally. People are dog friendly around here. Dogs are treated well."
    1
    Flag
  • Ktphillips7685
    "Safe, but keep an eye out. Roanoke is going downhill in my personal opinion. However, if you have to live in Roanoke, Cave Spring is safest. "
    6
    Flag
  • Nammers
    "I’m only here for three months but it’s a very safe feeling upper middle class neighborhood. Beautiful with lots of trees and very lovely homes. I feel quite comfortable leaving my front door and car door unlocked at night. "
    5
    Flag
  • D.dunstan20
    "Great place to have a family with the best schools in Roanoke. Easy access to everything in Roanoke "
    1
    Flag
  • Darine J. N.
    "straight access to 581 and 490, best location in town. close to grocery, shopping, hospital, downtown and airport."
    2
    Flag
  • Chyrel G.
    "We lived in the neighborhood for over 5 years, very quite and safe. Convenient to shopping, restaurants, doctors and hospitals. No sidewalks but Garstmill park is ver close. "
    7
    Flag
  • Holly F.
    "There are 3 dog friendly parks very close by, complete with doggie bags that you can use to scoop up the mess they leave"
    0
    Flag
  • Holly F.
    "South County library always has activities, movies, classes, and Holiday events. Great for families! "
    0
    Flag
  • Daniel M.
    "Great place! Lived here for three years and the entire family truly enjoys it. Good schools, good location and amenities, great neighbors. Highly recommend it!"
    18
    Flag
  • Nyjodon30
    "Good schools, great community, very friendly, great place to raise a family, neighborhood is friendly "
    0
    Flag
  • Kaitefox86
    "Commute can be a little long, lots of traffic in the morning and little to no access to public transport"
    0
    Flag
  • Sknasdaddy
    "good neighborhood, area is nice and most of the neighbors are pretty friendly. nice place to live with children. "
    2
    Flag
  • Rob B.
    "View of the mountains and city. We are isolated away from the city. Only 33 houses so it makes it easy to meet your neighbors."
    0
    Flag
  • Mkdifart
    "It is a safe neighborhood to walk your dog at any hour. Everyone respects the leash laws so you won’t come upon a stray dog. "
    0
    Flag
  • Psmctigue
    "This area is great for families and is very convenient to schools, shopping, restaurants and recreation areas."
    0
    Flag
  • Psmctigue
    "Safe neighborhood with schools nearby and it is convenient to shopping. There is easy access to highway and there are lots of restaurants in the area."
    0
    Flag
  • Klmsaria
    "Nothing exciting ever happens here. Just peace and quiet. That is all I would like to share. Thank you. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5224 Lipps Rd

  • What is 5224 Lipps Rd estimated to be worth?
    Trulia's estimated value for 5224 Lipps Rd in Roanoke, VA is $415,300.
  • What is the price history for 5224 Lipps Rd?
    5224 Lipps Rd in Roanoke, VA last sold for $210,000 in August 2012.
  • Is Roanoke a buyer's or seller's market?
    Roanoke is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Roanoke?
    The median sale price in Roanoke is $343K. That is up $4K from the prior month.
  • Does 5224 Lipps Rd have air conditioning?
    Yes, 5224 Lipps Rd in Roanoke, VA has air conditioning.
  • How big is the lot at 5224 Lipps Rd?
    The lot at 5224 Lipps Rd in Roanoke, VA is about 0.62 acres (27,007 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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