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Riverside

Riverside

Neighborhood in Lynchburg, Virginia

Lynchburg City County 24503

$251,289 Average Value
$158 Average Price per Sq Ft
4 Homes For Sale
Riverside.
Riverside.

A sought-after riverfront suburb in Lynchburg

Riverside is straightforward in its name, as it sits right beside the James River. It’s also next to Randolph College, which helps its popularity. “It’s very established,” says Martin Donovan, a Realtor with Lauren Bell Real Estate, who has over thirty years of experience in the area. “Riverside is a historical area that still acknowledges its history with its homes and landmarks. It’s a quaint part of town.” The proximity to Randolph attracts a younger demographic, says Sabrina Tomlin, a Realtor with NextHome TwoFourFive who has lived in Lynchburg her entire life. “A lot of people are typically in their 20s to 30s,” she says. “I notice many college students like to walk to get around town.” But according to Tomin, the biggest attraction is the river. “People like to go out there for all types of activities like tubing,” she says.

Rivermont Pizza is a popular dive bar offering great food and drinks in Riverside.
Rivermont Pizza is a popular dive bar offering great food and drinks in Riverside.

Dining at local dive bars

Most shopping and dining destinations sit along Rivermont Avenue. The Cavalier Store, known to locals as "The Cav," is a popular cash-only burger joint with cozy, wooden booths. Seating is limited since and place is so popular. Residents know they’ve reached Rivermont Pizza when they see the bright red door on Rivermont Avenue. This spot has a dive-bar vibe, large beer menu and friendly prices. Most people shop for groceries at Kroger, which is just 2 miles away on Boonsboro Road. There’s also a farmers market in downtown Lynchburg, the Lynchburg Community Market, which sells fresh produce, homemade bread, and other locally sourced foods and items.

Some Riverside homes rest atop a hill overlooking the James River.
Some Riverside homes rest atop a hill overlooking the James River.

Walking along the James River

Riverside Park takes up an entire corner of the neighborhood. It’s a large green space with a playground, basketball courts and walking trails. “It has a unique trail that leads to a train track. It’s really cool,” says Donovan. “I like to walk my dogs along the trails almost every morning.” The park also has a splash pad in the summer and borders the James River, which is another popular place to go in the warmer months. The Oakwood Country Club is just a mile, or a 3-minute drive, away.

Riverside.
Riverside.

Condos at $150,000, Victorian homes at $250,000

Potential homebuyers can find condominiums ranging from $150,000 to $250,000. Small ranch-style homes range from $200,000 to $350,000. Larger Victorians and American Foursquares with wooded backyards and manicured lawns range from $250,000 to $400,000. In Riverside, some homes sit right next to the James. While this can be very picturesque, it causes an extreme risk of flooding, with the most recent instance happening in July 2023. The Lynchburg Rising: Beyond Survival to Environmental Justice is a program that started in 2022 and offers flood preparation lessons and a space for people to share their flooding experiences.

Paul Munroe Elementary offers a fun learning environment for the children of Riverside.
Paul Munroe Elementary offers a fun learning environment for the children of Riverside.

Paul Munro Elementary, Virginia Episcopal School

Kids may attend Paul Munro Elementary School, which earns an A-minus from Niche, before advancing to Linkhorne Middle, which receives a B-minus and has a Middle School Heroes program that focuses on the positive development of students. Children can advance to E.C. Glass High School, which earns a B-plus and offers an annual career and technology job fair. Virginia Episcopal School is the nearest private school and receives an A-minus. Randolph College is a popular option for high school graduates and is right next to Riverside.

Practicing faiths in Riverside

Riverside is home to Wingfield Baptist Church, First Baptist Church, Holy Trinity Lutheran Church and Rivermont Evangelical Presbyterian Church.

Riverside residents enjoy close proximity to the events of downtown Lynchburg.
Riverside residents enjoy close proximity to the events of downtown Lynchburg.

Mingling in downtown Lynchburg

Every Christmas season, the community decorates its namesake park with lights and ornaments. “It’s a big deal to go to Riverside during the holiday season,” says Donovan. Downtown Lynchburg, just 4 miles away, offers a walkable area with many local restaurants, shops, museums and historic landmarks.

Driving down Rivermont Avenue

Many residents use Rivermont Avenue or U.S. Route 501 to get around Lynchburg. Commuters can also use the public bus service. The Lynchburg Regional Airport is 10 miles away.

Chloe Hawkins
Written By
Chloe Hawkins
Emily McNamara
Video By
Emily McNamara

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to DON MARR, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Lynchburg Regional/Preston Glenn Field

26 min drive

Bus

Maple Ridge Apartments Mailbox Stop (Inbound)

Bus

Rivermont Ave. & In Front Of Woodstock Apartments (Outbound)

Bus

Rivermont Ave. & West Princeton Cir. (Outbound)

Bus

Ruesens Rd. & Maple Ridge Apartments Stop (Inbound)

Bus

Rivermont Ave. & Riverside Dr. (Outbound)

Bus

Rivermont Ave. & Columbia Ave. (Outbound)

Crime and Safety

1 - Low Crime, 10 - High Crime Riverside US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$265,000
Median Single Family Price
$287,000
Median 2 Bedroom Price
$223,750
Average Price Per Sq Ft
$158
Number of Homes for Sale
4
Last 12 months Home Sales
15
Months of Supply
3.20
Median List Price
$269,900
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
9%

Home Facts

Number of Homes in Neighborhood
239
Median Year Built
1940
Avg. Single Family Home Size Sq Ft
3,104
Significantly above the national average
1,935
Average 1 Bedroom Size Sq Ft
1,134
Median Lot Size Sq Ft
60,112

Open Houses

  • Saturday, Apr 26
    1 - 3pm

    39 N Princeton Cir, Lynchburg, VA 24503

    $569,999

    • 5 Beds
    • 3 Baths
    • 4,365 Sq Ft
    • 39 N Princeton Cir
    • New 18 days ago

    Welcome to your new home! Once owned by John Dabney Jr, VP of Glamorgan Pipe Company (now Griffin Pipe). This regal home in the heart of Rivermont is walking distance to shops and restaurants. It seamlessly blends modern amenities with timeless elegance. From the intricate carpentry to the grand 3-level staircase, every detail exudes sophistication. Spacious main rooms, original chandeliers, and

    Destiny Melton Keller Williams

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  • Sunday, Apr 27
    2 - 4pm

    271 Riverside Dr, Lynchburg, VA 24503

    $549,000

    • 4 Beds
    • 3.5 Baths
    • 2,860 Sq Ft
    • 271 Riverside Dr
    • New 30 days ago

    NEW Construction in the "03"! Well established Rivermont area this new construction has it all! Large yard with mountain and river views which backs up to a preserve! This well appointed home offers 4 bathrooms with an office and a large bonus room! First floor master suite with open floor plan and a two story open great room and additional bedroom/office on first floor and attached two car

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to DON MARR, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,824
Median Age
27
Population Density
5 ppl/acre
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
10.4%
Below the national average
19.1%

Finances

Median Household Income
$43,281
Significantly below the national average
$71,702
Average Household Income
$57,504

Education and Workforce

High School Graduates
97.1%
College Graduates
47.8%
Above the national average
34.1%
Advanced Degrees
21.3%
Above the national average
13.3%
% Population in Labor Force
58.2%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
26°F
Average Summer High Temperature
86°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

3 / 100

Car-Dependent

Walk Score®

4 / 100

Some Transit

Transit Score®

25 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Riverside
DON MARR
NEXTHOME TWOFOURFIVE
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