75 Margarets Ln

Lexington, VA 24450

$674,900
Price
4
Beds
1,836 Sq. Ft.
$368 / Sq. Ft.
1,836
Sq. Ft.
$368
per Sq. Ft.
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a view of a golf course with a lake
Fenced in orchard by old barn: apples pears, peaches and plums
This sweetly renovated 4-bedroom, 2-bath farmhouse sits on 16.13 beautiful acres.
The perfectly set up for horses or hobby farming.
The established orchard offers apples, pears, peaches, and plums— a backyard full of bounty!
an aerial view of a house with big yard
Brand-new solar panels make the home energy-efficient.
a view of a house with a back yard
Two-stall barn with feed/tack room
The property features 3 fenced paddocks.
Riding arena approx. 50ft x 200ft
Riding arena approx. 50ft x 200ft
Backyard/Front Yard Fence Installation.
An old 1900s barn, full of character and history — now used for hay storage but brimming with potential to be revived.
a living room with furniture and wooden floor
a living room with furniture and a piano
a living room with furniture and a window
a living room with furniture and a mirror
a kitchen with a sink stove and cabinets
a kitchen with a sink cabinets stainless steel appliances and a window
a dining room with wooden floor a chandelier a wooden table and chairs
a view of a living room
a view of a dining room with furniture window and wooden floor
a bathroom with a tub sink shower and mirror
a bedroom with a bed and window
Mudroom & Laundry
1st floor bathroom.
Primary bedroom on 1st floor.
a view of a room with wooden floor and furniture
Upper Loft or Rec. Room
Upper Loft or Rec. Room
Bedroom #2
a room with gym equipment
Bedroom #4
2nd bathroom
Office or flex space.
Office renovation in 2024.
Custom garage door installed 2025.
Great for storage or car.
a view of a garage
an aerial view of a house with a garden and mountain view
a view of a lake with a mountain in the background

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,...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.
  1. Listed by PAULA MARTIN • LEXINGTON REAL ESTATE CONNECTION
    P: (540)-460-1019 paula@paulamartinteam.com

Property Details for 75 Margarets Lane

Subdivision Name
NONE
LISTING UPDATED: 05/11/2026 11:50 AM

Property Details for 75 Margarets Lane

StatusActive
MLS #673006
Days on Market108
Taxes$2,189 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached
Year Built1900
Lot Size16.13 AC / 702,622 SF
CountyRockbridge County
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Location

Listing Courtesy of LEXINGTON REAL ESTATE CONNECTION, PAULA MARTIN
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Building Information for 75 Margarets Lane

Stories2Year Built1900Building Size-Lot Size16.13 AC / 702,622 SF

Payment Calculator

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$3,546 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,363

Property Taxes

$182

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 75 Margarets Lane

Summary
Location and General Information
  • 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
  • Latitude: 37.76794999
  • Longitude: -79.49895973
  • Water Source: Private, Well
  • Year Built: 1900
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $2,189
  • Tax Legal Description: 16.13 acres and improvements as per tax map #74-30-A; DB20240000406 W A REID FIX RT 687
  • Tax Year: 2025
Parking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached, Garage
School Information
  • Elementary School: Central (Rockbridge)
  • High School: Rockbridge
  • Middle Or Junior School: Maury River
Property
Lot Information
  • Above Grade Finished Area: 1836.0
  • Above Grade Finished Area Source: Owner
  • Above Grade Finished Area Units: Square Feet
  • Above Grade Unfinished Area: 744.0
  • Above Grade Unfinished Area Source: Owner
  • Above Grade Unfinished Area Units: Square Feet
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Owner
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfinished Area: 0.0
  • Below Grade Unfinished Area Source: Owner
  • Below Grade Unfinished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Total: 2580.0
  • Building Area Units: Square Feet
  • Living Area: 1836.0
  • Living Area Source: Owner
  • Lot Size Acres: 16.13
Property and Assessments
  • Disclaimer: The offer of compensation is made only to participants of the MLS where the listing is filed.
  • Disclosures: Seller Disclosure
  • New Construction: No
  • Parcel Number: 0
  • Property Attached: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached
  • Property Type: Residential
  • Zoning Description: A Agricultural
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stick Built
  • Foundation Details: Slab
Interior Features
  • Basement: Interior Entry, Partial, Walk Out Access
  • Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Heat Pump, Propane
  • Heating: Yes
  • Interior Features: Primary Downstairs, Home Office
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Room Type: Bathroom, Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Laundry, Living Room, Office
  • Stories: 2
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Room Information
Room Information
  • Human Modified: No
Room 1
  • Room Level: Second
  • Room Type: Bathroom
Room 2
  • Room Level: First
  • Room Type: Living Room
Room 3
  • Room Level: First
  • Room Type: Bathroom
Room 4
  • Room Level: First
  • Room Type: Laundry
Room 5
  • Room Level: First
  • Room Type: Kitchen
Room 6
  • Room Level: Second
  • Room Type: Family Room
Room 7
  • Room Level: First
  • Room Type: Dining Room
Room 8
  • Room Level: Second
  • Room Type: Bedroom
Room 9
  • Room Level: Second
  • Room Type: Bedroom
Room 10
  • Room Level: Second
  • Room Type: Office
Room 11
  • Room Level: Second
  • Room Type: Bedroom
Room 12
  • Room Level: First
  • Room Type: Bedroom
Rental
Rent Information
  • Lease Considered: No

Property History for 75 Margarets Lane

DateEvent & SourcePriceAppreciation
Apr 27, 2026

Price Change

CAAR #673006

$674,900—
Apr 1, 2026

Price Change

CAAR #673006

$699,000—
Mar 2, 2026

Price Change

CAAR #673006

$719,000—
DateEvent & SourcePrice
04/27/2026

Price Change

CAAR #673006

$674,900
04/01/2026

Price Change

CAAR #673006

$699,000
03/02/2026

Price Change

CAAR #673006

$719,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 75 Margarets Lane

Taxable ValueLand$158,300Additions$200,500Total$358,800
Home Facts
Beds3Total Finished SqFt1,836 SqFtAbove Grade Finished SqFt1,836 SqFtStories2Lot Size702,623 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1959ZoningA-2CountyROCKBRIDGEAPN74 30 A

Schools near 75 Margarets Lane

This home is within Rockbridge County Public Schools.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - PK to 5
Maury River Middle School
Public - 6 to 8
Rockbridge County High School
Public - 9 to 12
Mountain View Elementary School
Public - PK to 5
Rating
School
Distance
Central Elementary School
PublicPK to 5

Maury River Middle School
Public6 to 8

Rockbridge County High School
Public9 to 12

Mountain View Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 75 Margarets Lane, Lexington, VA 24450

75 Margarets Lane is a single family home for sale in Lexington, VA 24450. This property was listed for sale on February 4, 2026 by LEXINGTON REAL ESTATE CONNECTION, it's currently listed at $674,900. It has been on the market for a total of 108 days and was last sold on February 29, 2024. This listing's school district is Rockbridge County Public Schools. Nearby schools include Central Elementary School, Maury River Middle School and Rockbridge County High School. 75 Margarets Lane is a 4-bed, 2-bath, 1,836 sqft single family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LEXINGTON REAL ESTATE CONNECTION, PAULA MARTIN

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.