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For sale
  • Price cut: $25K (9/23)
    $460,000

    541 S River Rd, Buena Vista, VA 24416

    3beds
    1,998sqft
    : 
    $3,183/mo
    Get pre-qualified
    Single Family Residence
    Built in 1845
    1.55 Acres Lot
    $449,700 Zestimate®
    $230/sqft
    $-- HOA

    What's special

    Historic riverfront propertyDecorative fireplacesPrivate waterfallWood trimLarge level yardPrivate river accessDog-leg staircase
    New Video Property Tour. Riverfront Living With Crystal-Clear Deep Water. Experience the rare opportunity to own a historic riverfront property on the beautiful South River near Lexington, Virginia. This 3-bedroom, 1.5-bath brick home offers approximately 1,998 square feet of living space on 1.55 acres, with direct river frontage and the soothing sounds of a private waterfall. One of the property's most remarkable features is an eight-foot-deep natural oasis along the South River a secluded, inviting spot for fishing, swimming, relaxing, and enjoying the beauty of the river. This unique feature offers the feel of a private retreat while being conveniently located just minutes from the amenities of Lexington VA The circa-1845/1860 c. 1848 Samuel F. Jordan home retains character throughout Details: decorative fireplaces, a built-in China cabinet, wood trim, and a dog-leg staircase. The property also offers a large level yard and a workshop with power and water. Whether you're looking for a full-time residence, a weekend retreat, or a unique riverfront property, 541 S River Road offers something increasingly difficult to find: a historic home with private river access, a waterfall, fishing, swimming, and a deep river hole all on one property. Scenic setting for swimming, fishing, outdoor entertaining, and recreation. The property also includes a private waterfall, and a private road extending approximately one mile along the river. Located less than 10 minutes from VMI, Washington & Lee University, the Virginia Horse Center, the Chessie Trail, and downtown Lexington, this exceptional property offers the perfect combination of privacy, history, natural beauty, and convenience. Whether used as a primary residence, private retreat, investment property, or sought-after Airbnb, 541 South River Road presents a rare opportunity to own a truly distinctive piece of Rockbridge County history. The South River Economy: In the 1840s and 1850s, the South River was a vital source of water power. The area surrounding the home was bustling with industrial growth, including nearby timber operations, iron ore furnaces, and water-powered gristmills. The Role of the Waterfall: The private waterfall and the 8-foot-deep natural river hole on the property were likely utilized as a natural resource for small-scale agricultural processing, livestock watering, or as a localized mill race before the advent of widespread electricity.
    44 days
    1,067
    97

    Zillow last checked:

    Listing updated:

    Listed by:

    Rodger Rinehart 540-460-8068,

    James River Realty - Lexington,

    Susan Rathbun Rinehart 540-460-4544,

    James River Realty - Lexington

    Source: Rockbridge Highlands REALTORS®,MLS#: 140247MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Hot Water Baseboard, Heat Pump, Oil
      Cooling
      • Heat Pump Electric, Window Unit(s)
      Appliances
      • Included: As Is, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Cooktop, Electric Range, Electric
      Features
      • Workshop
      • Flooring: Vinyl, Wood
      • Basement: Partial,Unfinished,Concrete
      Interior area
      • Total structure area: 1,998
      • Total interior livable area: 1,998 sqft
      Video & virtual tour

      Property

      Features
      • On waterfront: Yes
      • Waterfront features: River Front
      • Frontage type: River
      Lot
      • Size: 1.55 Acres
      Details
      • Additional structures: Workshop
      • Parcel number: 7733D
      • Zoning: Agricultural
      • Zoning description: Agricultural

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial/Federal
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • Year built: 1845

      Utilities & green energy

      • Sewer: Existing Septic

      Community & HOA

      Community
      • Features: River
      HOA
      • Has HOA: No
      Location
      • Region: Buena Vista

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $204,900
      • Annual tax amount: $1,311
      • Date on market: 8/21/2026

        Estimated market value

        $449,700

        $427,000 - $472,000

        $1,835/mo

        Price history

        DateEventPrice
        9/23/2026Price change$460,000-5.2%$230/sqft
        Source: Rockbridge Highlands REALTORS® #140247 Report a problem
        8/21/2026Listed for sale$485,000+86.5%$243/sqft
        Source: Rockbridge Highlands REALTORS® #140247 Report a problem
        12/1/2023Sold$260,000-13%$130/sqft
        Source: Rockbridge Highlands REALTORS® #138024 Report a problem
        10/9/2023Pending sale$299,000$150/sqft
        Source: Rockbridge Highlands REALTORS® #138024 Report a problem
        9/25/2023Listed for sale$299,000+50.3%$150/sqft
        Source: Rockbridge Highlands REALTORS® #138024 Report a problem
        9/11/2020Listing removed$199,000$100/sqft
        Source: Flint Realty LLC #135219 Report a problem
        6/27/2020Listed for sale$199,000-28.7%$100/sqft
        Source: Flint Realty LLC #135219 Report a problem
        12/30/2017Listing removed$279,000$140/sqft
        Source: Lexington Real Estate Connection #131489 Report a problem
        2/2/2017Listed for sale$279,000$140/sqft
        Source: Lexington Real Estate Connection #131489 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,311 +4.9%$204,900
        2024$1,250 $204,900
        2023-- $204,900
        2022-- $204,900 +13.6%
        2021-- $180,300
        2020-- $180,300
        2018-- $180,300
        2017$989 $180,300 +34%
        2016$989 $134,600
        2015-- --
        2014-- --
        2013-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 24416

        Getting around

        12 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mountain View
        • Middle: Maury River
        • High: Rockbridge Co

        Source: Rockbridge Highlands REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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