779 River Rd

Madison Heights, VA
$ 1,490,000 Beds 3 Baths 3 Sq 3,379 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 1,490,000
  • City
  • Madison Heights
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • Amherst
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 2.83 Acres
  • Zip
  • 24572
  • Sqr Footage
  • 3,379
  • Year Built
  • 1852
  • Taxes
  • $ 2667
  • Style
  • MLS#
  • 678163
Listed By: FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Data Source: Charlottesville MLS (CAARMLS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Harrisonburg, VA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Amherst Elementary School
Middle School Amherst Middle School
High School Amherst High School

Price History

6/8/2026 Listed $1,490,000

Property vs Zip Code Average in 24572

Price
AVG $300K
$1.49M
Taxes
AVG $1,306
$2,667
Year Built
AVG 1974
1852

Areas That We Cover

779 River Rd Madison Heights, VA is a Single Family Home for sale at $1490000 with 3379 sqft and a lot size of 2.83 Acres Acre(s). 779 River Rd Madison Heights has 3 bedrooms, 3 baths and was built in 1852. The property's zip code is 24572 which is in Madison Heights, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.