Showing by Appt. only! Point Lookout, circa 1852, is a rare historic riverfront property offering remarkable privacy just 2.5 minutes from downtown Lynchburg. Set on 2.83 acres with approximately 500 feet of James River frontage and Harris Creek forming a natural boundary, the property traces its origins to the 1750 land grant from King George II to Charles Lynch. Built by Capt. William Mitchell, the residence retains original cedar floors, wavy glass windows, the historic cookhouse, and striking dry-laid stone walls from the former mill site. A scenic peninsula extends into the river, providing direct water access, ownership extending into a portion of the river, and potential for a future private dock. Thoughtfully restored and expanded, the home includes a new primary suite, dining room, baths, laundry, and bonus room. Improvements include a metal roof, extensive restoration work, landscaped grounds, and a 26' x 30' covered pavilion. Previously operated as a highly rated short-term rental with a Special Exception permit for such use, the property is offered substantially furnished, excluding select Seller personal items. Surrounded by large neighboring acreage unlikely to be developed, it offers rare privacy close to the city.
For sale
$1,490,000
779 River Rd, Madison Heights, VA 24572
3beds
3,379sqft
Farm, Single Family Residence
Built in 1852
2.83 Acres Lot
$1,421,500 Zestimate®
$441/sqft
$-- HOA
What's special
Historic cookhouseHistoric riverfront propertyBonus roomLandscaped groundsMetal roofDirect water accessDining room
- 9 hours
- 49
- 5
Zillow last checked:
Listing updated:
Listed by:
Frank Hardy 434-981-0798,
Frank Hardy Sotheby's Int'l 434-296-0134
Source: CVRMLS,MLS#: 2626775
Originating MLS: Central Virginia Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Other
- Description: Tub & Shower
- Level: First
Other
- Description: Tub & Shower
- Level: Second
Heating
- Electric, Zoned
Cooling
- Zoned
Features
- Flooring: Wood
- Basement: Crawl Space
- Attic: Access Only
Interior area
- Total interior livable area: 3,379 sqft
- Finished area above ground: 3,379
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Pool features: None
- On waterfront: Yes
- Waterfront features: River Front
- Body of water: James River
Lot
- Size: 2.83 Acres
Details
- Additional structures: Smoke House
- Parcel number: 154A26
- Zoning description: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse,Two Story
- Property subtype: Farm, Single Family Residence
Materials
- Stone, Vinyl Siding
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1852
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Madison Heights
Financial & listing details
- Price per square foot: $441/sqft
- Tax assessed value: $476,320
- Annual tax amount: $2,667
- Date on market: 9/30/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Estimated market value
$1,421,500
$1.35M - $1.49M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $1,490,000+365.6%$441/sqft |
Source: | ||
| 3/17/2008 | Sold | $320,000-2.3%$95/sqft |
Source: | ||
| 3/8/2008 | Listed for sale | $327,500+78.5%$97/sqft |
Source: Coldwell Banker** Report a problem | ||
| 7/23/2002 | Sold | $183,500$54/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,551 | $254,200 |
| 2023 | $1,551 | $254,200 |
| 2022 | $1,551 | $254,200 |
| 2021 | $1,551 | $254,200 |
| 2020 | $1,551 +3.5% | $254,200 +3.5% |
| 2018 | $1,498 +100% | $245,600 |
| 2017 | $749 | $245,600 |
| 2016 | $749 +8.9% | $245,600 |
| 2015 | $688 | $245,600 |
| 2014 | $688 -48.1% | $245,600 -3.6% |
| 2013 | $1,325 | $254,900 |
| 2012 | $1,325 | $254,900 |
| 2011 | $1,325 | $254,900 |
| 2010 | $1,325 | $254,900 |
| 2009 | $1,325 -20% | $254,900 |
| 2008 | $1,657 +46.8% | $254,900 +37.8% |
| 2007 | $1,129 | $185,000 |
| 2006 | $1,129 | $185,000 |
| 2005 | $1,129 +3.4% | $185,000 |
| 2004 | $1,092 +5.4% | $185,000 |
| 2003 | $1,036 | $185,000 |
| 2002 | $1,036 +73.7% | $185,000 +117.1% |
| 2001 | $596 | $85,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 24572
Nearby schools
Schools provided by the listing agent
- Elementary: Amherst
- Middle: Amherst
- High: Amherst
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




