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      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.

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