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.
Frequently Asked Questions
Is Peakland a good place to live?
Peakland is a good place to live. Peakland is considered very car-dependent and somewhat bikeable with minimal transit options. It is sparse in population with 1.5 people per acre and a median age of 50. The average household income is $141,797 which is above the national average. College graduates make up 63% of residents. A majority of residents in Peakland are home owners, with 42.1% of residents renting and 57.9% of residents owning their home. A
local real estate agent serving Peakland can help you decide if this neighborhood is the right one for you. Learn more on our
Peakland neighborhood guide.
Is Peakland, VA a safe neighborhood?
Peakland, VA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Peakland?
The median home price in Peakland is $325,000. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Peakland. The average household income in Peakland is $142K.
What are the best public schools in Peakland?
The best public schools that serve Peakland are:
What are the best private schools in Peakland?
The best private schools that serve Peakland are:
What are the most popular zip codes in Peakland, Lynchburg, VA?
What are the most popular neighborhoods near Peakland, Lynchburg, VA?
Home Trends in Peakland, VA
On average, homes in Peakland, Lynchburg sell after 42 days on the market compared to the national average of 50 days. The median sale price for homes in Peakland, Lynchburg over the last 12 months is $315,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$315,000
Median Single Family Sale Price
$325,000
Average Price Per Sq Ft
$192
Number of Homes for Sale
5
Last 12 months Home Sales
17
Median List Price
$325,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%