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75 Margarets Ln

Lexington, VA 24450

$674,900 $2,845/Mo

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Overview

Bed

Bath

1,836

Sqft

16.13

Acres(Lot)

Description

Enjoy peaceful country living just 10 minutes from historic downtown Lexington, home to W&L and VMI. This sweetly renovated 4-bedroom, 2-bath farmhouse sits on just over 16 beautiful acres, perfectly set up for horses or hobby farming. The property features 3 fenced paddocks, a two-stall barn with feed/tack room, run-in shelter and a riding arena. An old 1900s barn, full of character and history -- now used for hay storage but brimming with potential to be revived. The established orchard offers apples, pears, peaches, and plums-- a backyard full of bounty! Brand-new solar panels make the home energy-efficient. Inside, the farmhouse has been thoughtfully updated -- bright, inviting, and full of character.

Property Details

Property Type : Residential

Price : $674,900

AD Id : 75111006

MLS Id : 924493

Beds : 4

Lot Size : 16.13 Acres

Living Area Size : 1,836

Year Built : 1900

County : Rockbridge

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Full Baths: 2

Room Information

Has Basement: Yes Basement: Partial, Walk-Out Access
Flooring Information

Carpet, Laminate, Wood
Interior Features

Appliances: Dishwasher, Refrigerator, Range, Water Heater, Tankless Water Heater Window Features: Insulated Windows
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Active Solar

Building Information

Year Built: 1900 Construction Materials: Vinyl Siding, Wood Siding Patio And Porch Features: Deck, Porch Private Pool: No View: Mountain(s)

Lot Information

Lot Size Acres: 16.13

Property Information

Subdivision: N/A Source Property Type: Residential Property SubType: Single Family Residence Property Age: 126

Listing Price Information

Listing Price: $674900 Original Price: $739000

Tax Information

Parcel Number: 74-30-A Tax Lot: 0 Tax Block: 0 Annual Tax: $2189

School Information

Elementary School: Other - See Remarks

Junior High School: Other - See Remarks

Senior High School: Other - See Remarks
Location Information

Direction: From downtown Lexington head toward U.S. Route 11. Take 11 S for about 0.7 miles. Turn Right onto Rt 251 (Collierstown Road) and continue for 2.6 miles, which transitions to Union Run, Turn left. WaterSource: Private, Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
320 Lilly Bell Dr, Lexington, VA, 24450	$389,000	2	2.5	1,275	1,275 SqFt
403 Mccorkle Dr, Lexington, VA, 24450	$100,000	2	1	768	768 SqFt
407 Carruthers Street, Lexington, VA, 24450	$157,000	4	1	1,530	1,530 SqFt
114 E Henry St, Lexington, VA, 24450	$360,000	--	2	2,058	2,058 SqFt
336 Jacobs Ladder, Lexington, VA, 24450	$2,350,000	5	5	4,779	4,779 SqFt
43 Chamberlain Lp, Lexington, VA, 24450	$439,000	3	3.5	1,797	1,797 SqFt
325 Union Run, Lexington, VA, 24450	$889,000	9	11	6,336	6,336 SqFt

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ByOwner last updated this listing 06/07/2026 @ 09:44

MLS: 924493 LISTED BY: PAULA MARTIN, LEXINGTON REAL ESTATE CONNECTION 540-463-2016 SOURCE: Roanoke Valley Association of REALTORS