Led by $1.69 Million Crosswhite Commercial Sale
The Greater Lynchburg real estate market saw another active week of transactions, with million-dollar commercial and residential sales, large acreage transfers and steady demand for move-in-ready homes throughout the city and surrounding counties. Lynchburg posted the region’s highest sale, while Campbell and Appomattox counties each recorded significant rural property transactions. Bedford County continued to show strength in new construction neighborhoods, and Amherst County featured several solid residential sales. Building permits also reflected continued investment in new homes and residential improvements across Bedford County.
The week’s largest transaction was the $1.69 million commercial sale of 809 and 811 Wiggington Road in the City of Lynchburg, continuing activity surrounding the former Crosswhite Athletic Club property.
The city also recorded residential sales of $750,000 in Peakland and a $515,000 transaction on Burnt Bridge Road, along with a broad mix of transactions across established neighborhoods and investment properties. Sellers at 2130 Burnt Bridge Rd were represented by Irina Moldavskaya with Ted Counts Realty & Auction.
Amherst County’s highest transaction was the $460,000 sale of Lot 75, Section 4, Homewood Estates. Another notable transfer included a $419,900 sale in the Sugar Mill subdivision, while additional transactions ranged from residential lots to acreage and development parcels…