75 Margarets LN, Lexington, VA 24450
New Listing
$739,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,836
Lot Size (sq. ft.):
702,623
Status:
Active
Current Price:
$739,000
List Date:
2/06/2026
Last Modified:
2/06/2026
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.
Supplements: This property is a perfect retreat for horse lovers or anyone seeking solace in Rockbridge County's picturesque countryside all within minutes of town.
More Information MLS# 924493
General Property Description
Lot Dimensions: 0
Property Sub-Type: Single Family Residence
Construction Status: Completed
Residential Type: Detached
Total Acreage: 16.13
Entry Above Grd Fin SQFT: 1836
Upper Above Grd Fin SQFT: 0
Other Above Grd Fin SQFT: 0
Total Fnshd SqFt: 1836
Total Above Grd Fin SQFT: 1836
Grand Total Attached SQFT: 1836
Basement Y/N: Yes
Water Class: N/A
Total Unfin SQFT: 0
Prim. Covered Prking: Garage Detached
Total Cov'd Prk Spc: 0
Year Built: 1900
Total Bdrm: 4
Total Bths: 2
Total F Baths: 2
Location, Tax & Legal
Major Area: 25 - Rockbridge County
Phase: 0
Lot: 0
Block: 0
Tax ID: 74-30-A
Annual Taxes: 2189
Section: 0
POA Y/N: No
Area: 2500 - Rockbridge County
Street Number: 75
Street Name: Margarets
Street Suffix: LN
State/Province: VA
Zip Code: 24450
Subdivision: N/A
Municipality: Rockbridge County
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Remarks & Misc
Directions: 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.
Style of House
2 Story: 1
Limited Service
Not Limited Service: 1
Lot Description
Views: 1
Construction
Vinyl: 1
Wood: 1
Basement
Partial: 1
Walk-Out Access: 1
Views
Mountain(s): 1
Sunrise: 1
Sunset: 1
Heating
Gas – Propane: 1
Heat Pump Electric: 1
Misc Features
Private Road: 1
Cooling
Central Air: 1
Water Description
Private Well: 1
Sewer Description
Private Septic: 1
Water Heater Type
Tank-less: 1
Interior Features
Bookcases: 1
Storage: 1
Walk-In Closet(s): 1
Energy Features
Active Solar Heat: 1
Exterior Features
Barn(s): 1
Deck: 1
Fenced Yard: 1
Shed(s): 1
Porch
Covered Porch: 1
Appliances
Dishwasher: 1
Range Electric: 1
Refrigerator: 1
Floors
Carpet: 1
Laminate: 1
Wood: 1
Windows
Insulated: 1
Exterior Doors
Insulated Storm: 1
Primary Bedrooms
Primary BR Entry Lvl: 1
Bedrooms
BR Entry Level: 1
BR Upper Level: 3
Full Baths
Full Baths Entry Lvl: 1
Full Baths Upper Lvl: 1
Laundry
Laundry Entry Level: 1
Contract Information
Current Price: $739,000
List Price: $739,000
List Date: 2026-02-04
Status: Active
Property Features
Style of House: 2 Story
Limited Service: Not Limited Service
Lot Description: Views
Construction: Vinyl; Wood
Basement: Partial; Walk-Out Access
Heating: Gas – Propane; Heat Pump Electric
Cooling: Central Air
Energy Features: Active Solar Heat
Interior Features: Bookcases; Storage; Walk-In Closet(s)
Exterior Features: Barn(s); Deck; Fenced Yard; Shed(s)
Views: Mountain(s); Sunrise; Sunset
Appliances: Dishwasher; Refrigerator; Range Electric
Misc Features: Private Road
Floors: Carpet; Laminate; Wood
Windows: Insulated
Exterior Doors: Insulated Storm
Porch: Covered Porch
Water Description: Private Well
Sewer Description: Private Septic
Water Heater Type: Tank-less
Room Information
Bedroom 1
Level: Entry
Level: Entry
Remarks: 13.5x11.5
Bedroom 2
Level: Upper
Level: Upper
Remarks: 11.41x9.66
Bedroom 3
Level: Upper
Level: Upper
Remarks: 16.58x13.5
Bedroom 4
Level: Upper
Level: Upper
Remarks: 13.5x11.5
Dining Room
Level: Entry
Level: Entry
Remarks: 13.58x11.58
Family Room
Level: Upper
Level: Upper
Remarks: 19.41x13.33
Kitchen
Level: Entry
Level: Entry
Remarks: 19.33x9.58
Laundry
Level: Entry
Level: Entry
Remarks: 12x7.66
Living Room
Level: Entry
Level: Entry
Remarks: 13.33x19.25
Office
Level: Upper
Level: Upper
Remarks: 19.41x6.25
Listing Office: LEXINGTON REAL ESTATE CONNECTION
Last Updated: February - 06 - 2026
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