In 1968, the city deeded Point of Honor to the Historical Lynchburg Foundation (now the Lynchburg Historical Foundation). The restoration work began with an initial survey and study by J. Everette Fauber, Jr., to determine the age of the structure and the nature and extent of alteration. By the spring of 1977, the house was restored and furnishings were being collected for display. The goal of the restoration had always been to recreate the era of George Cabell, Sr. Since 1815-1830 was the first decorative period of the house, this coincided with the Cabell family residence. Lack of period documentation of Point of Honor's interiors and the lack of any original Cabell furnishings resulted in a plan to recreate the interior décor in a manner typical of the time period of George Cabell, without attempting a specific re-creation.
The grounds of Point of Honor have received no less attention than the house. The Garden Club of Virginia selected Point of Honor as its 1977 Garden Restoration Project and their efforts have resulted in the authentic recreation of the front lawn landscaping typical of Cabell's era.
Point of Honor opened to the public on a regular basis in 1978. Managed by the Lynchburg Museum System, it attracts thousands of visitors each year eager to glimpse a view of the lifestyle enjoyed by George Cabell and his contemporaries in early 19th-century Lynchburg.