Residential

75 Margarets Ln, Lexington VA 24450

  • $739,000
  • MLS #:673006
  • 4beds
  • 2baths
  • 0half-baths
  • 1,836sq ft
  • 16.13acres
Neighborhood: None
Square Ft Finished: 1,836
Square Ft Unfinished: 0
Elementary School: Central (Rockbridge)
Middle School: Maury River
High School: Rockbridge
Property Type: residential
Subcategory: Detached
HOA: No
Area: Rockbridge
Year Built: 1900
Price per Sq. Ft: $402.51
1st Floor Master Bedroom: PrimaryDownstairs, HomeOffice
HOA fee: $0
Garage Num Cars: 1.0
Cooling: CentralAir
Air Conditioning: CentralAir
Heating: Electric, HeatPump, Propane
Water: Private, Well
Sewer: SepticTank
Basement: InteriorEntry, Partial, WalkOutAccess
Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
Kickout: No
Annual Taxes: $2,189
Tax Year: 2025
Legal: 16.13 acres and improvements as per tax map #74-30-A; DB20240000406 W A REID FIX RT 687
Directions: From downtown Lexington head toward U.S. Route 11. Take 11 S for about 0.7 miles. Turn Rt onto Rt 251 (Collierstown Road) and continue for 2.6 miles. Stay straight as Rt 251 transitions onto Union Run Rd—turn left onto Margarets Ln, follow drivewy to left
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.
Days on Market: 1
Updated: 2/05/26
Courtesy of: Lexington Real Estate Connection
New Listing

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Directions:
From downtown Lexington head toward U.S. Route 11. Take 11 S for about 0.7 miles. Turn Rt onto Rt 251 (Collierstown Road) and continue for 2.6 miles. Stay straight as Rt 251 transitions onto Union Run Rd—turn left onto Margarets Ln, follow drivewy to left
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Listing Office: Lexington Real Estate Connection