75 Margarets Ln, Lexington Va 24450
- $739,000
- MLS #:139656
- 4beds
- 2baths
- 0½ baths
- 9units
- 1,836sq ft
- 16.13acres
Square Ft:
- 1,836 finished
- 744.00 unfinished
Neighborhood:
- None
Property Type: residential
Area: Rockbridge
Year Built: 1900
Water View: None
Design: Farm House
Roof: Shingle
Fence: Split Rail,Wood
Exterior Features: Barn, Covered Porch, Deck, Fenced Yard, Porch, Storage Shed, Sunrise View, Sunset View
Land Description: Mixed, Open, Pasture, Rolling, Views
Interior Features: Book Shelves, Storage, Walk-in Closet
Garage: Detached, Storage
Utilities: Electric
Cooling: Central Cooling
Heating: Electric, Gas, Heat Pump(s), Liquid Propane
Water: Well
Sewer: Existing Septic
Floors: Carpet, Wood
Basement: Interior Access, Partial, Slab, Walkout
Fireplace Type: None
Appliances: As Is, Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Smoke Detector
Features: Cable Available, Ceiling Fan(s), Chickens Permitted, Deck-Rear, Horses Permitted, Porch-Front, Security Sy
Annual Taxes: 2189.00
Tax Year: 0
Farm features: Barn(s), Equipment Shed, Garage, Hay Shed, Horse Barn, House, Stable
Directions: From downtown Lexington head toward U.S. Route 11. Take 11 S for about 0.7 miles. Turn Right onto Route 251 (Collierstown Road) and continue for 2.6 miles. Stay straight as Route 251 transitions onto Union Run Road--you'll travel about 0.9 miles on Union Run. Turn left onto Margaret's Lane. Follow the driveway up to the left -- the house is on the left.
Crop Acres: 0.00
Pasture Acres: 0.00
Tillable Acres: 0.00
Wooded Acres: 0.00
First Floor Master Bedroom: Yes
Assessed Value: 0.00
Attic: Scuttle, Unfinished
Buildings: Barn(s), Equipment Shed, Garage, Hay Shed, Horse Barn, House, Stable
Conservation Easement: No
Covenants: No Restrict Covenant, Shared Road Maint
Current Use: Horses, Residential, Vacation Rental
Deed Book: 20240000406
Elementary School: Central
Middle School: Maury River
High School: Rockbridge Co
Historic: No
Plat: Yes
POA: No
Road Maintenance Agreement: Yes
Road Frontage: Joint Maint, Private Road
Rooms: 9
Subdivision? No
Tax Map #: 74-30-A
Tax Rate: .61
Zoning: Agricultural
Lot #: Yes
Rental Type: Yes
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.
This property is a perfect retreat for horse lovers or anyone seeking solace in Rockbridge County's picturesque countryside all within minutes of town.
This property is a perfect retreat for horse lovers or anyone seeking solace in Rockbridge County's picturesque countryside all within minutes of town.
Updated: 11/06/25
Status: Active
Courtesy of Lexington Real Estate Connection
New Listing
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