The grade I listed house Dallam Tower, with an estate known for its deer, stands near to the River Bela just south west of Milnthorpe, whilst St. Anthony's Tower may be seen on the top of St. Anthony's Hill to the north east of the town centre, overlooking the village and the housing estate of Owlet Ash Fields in nearby Ackenthwaite.
•
Milnthorpe became a centre of business and activity because it was originally a port, using the River Bela and estuary (now only navigable to Arnside), and it remains a significant commercial centre for the area.
The River Bela flows past the village and through the deer park of Dallam Tower, skirting Milnthorpe before it washes out into the Kent Estuary near Sandside.