Why Live in Peakland
Peakland, located 5 miles from downtown Lynchburg, is known for its sophisticated atmosphere and classic home styles, including Colonial Revival, saltbox, ranch, and Cape Cod. The neighborhood is home to the highly rated Virginia Episcopal School, a private Christian high school, and is served by Paul Munro Elementary School and E.C. Glass High School, both of which receive high ratings. The area features winding roads, manicured lawns, and mature trees, creating a picturesque setting. Major employers nearby include Virginia Baptist Hospital and Centra Lynchburg General Hospital. The Blue Ridge Autism and Achievement Center and other nonprofits along Linden Avenue provide valuable community services. Recreational options include the Boonsboro Country Club with its golf course, pool, and tennis courts, and the Humankind Community Garden. Dining and shopping are accessible along Rivermont Avenue and Boonsboro Road, with popular spots like Rivermont Pizza and Milo’s Enoteca & Italian Ristorante. Peakland is bordered by U.S. 501 and Rivermont Avenue, offering bike lanes and bus stops for easy commuting. The Lynchburg Regional Airport is 11 miles away. Cultural attractions include Randolph College, which hosts the annual SciFest, and the Maier Museum of Art. Local religious services are available at Peakland Baptist Church, Wingfield Baptist Church, and First Presbyterian. The neighborhood is safer than the national average, making it a desirable place to live.
Home Trends in Peakland, VA
On average, homes in Peakland, Lynchburg sell after 76 days on the market compared to the national average of 70 days. The median sale price for homes in Peakland, Lynchburg over the last 12 months is $267,600, down 83% from the median home sale price over the previous 12 months.
Median Sale Price
$267,600
Median Single Family Sale Price
$328,750
Average Price Per Sq Ft
$160
Number of Homes for Sale
4
Last 12 months Home Sales
9
Median List Price
$375,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-83%