Richard established his residence at the "Machodoc" plantation, which was located on the Potomac River, near the town of Hague, in Westmoreland County. This was a large brick house, largely inclosed by a brick wall. The estate was inherited by his son Hon. Richard Lee III (1679–1718) who was at the time residing in London as a tobacco merchant with his family. Richard III leased his estate in Virginia to his brothers, Thomas, Hon. (1690–1750) and Henry (1691–1747), for ""an annual rent of one peppercorn only, payable on Christmas Day"". After Richard's death in 1718, the estate was sold by his wife Martha Silk (d.ca. 1734), who sold it to her brother-in-law, Colonel Thomas Lee, Hon. (1690–1750). Thomas resided here until it burned down January 29, 1729, and removed to his newly built "Stratford Hall". The fire was so serious that the field near the old mansion at "Machodoc" where the Lee burial ground became was forever named the old "Burnt House Fields". The land was sold to Richard Lee III's only son Col. George Lee (1714–1761), who had come over from England. A new plantation was built by George who called his new estate "Mount Pleasant". The new house was built further back from the river and upon higher ground. This house also burned down.