Historic Villa Maria for Sale in Lynchburg

Lynchburg, VA - Lynchburg's historic Villa Maria is up for sale.

City tax records show a South Carolina bank now owns the property, after Dennis Gibbs defaulted on a loan.

The 10 bedroom manor sits on 10 acres on Rivermont Avenue.

It's listed for just under $800,000, but is valued at 1 point 4 million.

Villa Maria was built in 1911 and was once home to a Catholic school.

Back in the 1990s, a nursing home had plans to tear down the building but public outcry managed to save it.