luxury real estate for sale Madison Heights, United States

Point Lookout, circa 1852, is a rare historic riverfront property offering remarkable privacy just 2.5 minutes from downtown Lynchburg. Set on 2.82 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 substantial addition with a new primary suite, dining room, baths, laundry, and flexible bonus room. Major improvements include a metal roof, extensive restoration work, landscaped grounds, and a 26' x 30' covered pavilion. Point Lookout has previously operated as an exceptional short-term rental and received a Special Exception permit for such use, earning consistent five-star reviews. The property is offered substantially furnished, with only a limited number of Seller's personal items excluded from the sale. Surrounded by large neighboring acreage unlikely to be developed, it offers rare privacy so close to the city.