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For sale
  • $989,000

    111 S Jefferson St, Lexington, VA 24450

    4beds
    3,302sqft
    : 
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    Single Family Residence
    Built in 1820
    9,583 Square Feet Lot
    $933,400 Zestimate®
    $300/sqft
    $-- HOA

    What's special

    Venting systemOff-street parkingStone foundationLarge city lotWi-fi and cableAll-new plumbingExtensive and intensive insulation
    Well-appointed historic residence (c. 1820) centrally located in downtown Lexington offers a rare turn-key residential opportunity in the C1 commercial zoning district allowing for a multitude of uses including short-term rental. Meticulously restored to the finest detail in 2007, the property now combines the grace and charm of an historic Lexington residence with fully updated modern amenities in one of the most convenient locations available. Luxurious enhancements include an inviting kitchen with custom cabinetry, high-quality appliances, and venting system; all-new plumbing; all-new wiring with protective shielded cable; new roof, HVAC systems, and stone foundation; 4 full bathrooms and ground-floor powder room; extensive and intensive insulation; Wi-Fi and cable; and rebuilt chimneys with 5 fireplaces redesigned on Rumford principles for maximum efficiency. Among the property's most exceptional features is a restored historic outbuilding, thoughtfully modernized as an insulated studio/workshop with updated wiring. Rare in a downtown setting, this detached structure can accommodate a multitude of potential accessory uses, potentially including extra living space - flexibility difficult to replicate in this location. The property, which occupies a large city lot, features expansive grounds with spacious gardens and stone walls, off-street parking, and a highly desirable screened porch. Located in the Lexington Historic District, two blocks from historic Main Street, the property is within easy walking distance of Washington and Lee University and the Virginia Military Institute. Property is offered fully furnished with the exception of hanging art.
    79 days
    |
    408
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Will Moore 540-460-4602,

    James Wm. Moore Real Estate Co. 540-463-7080

    Source: Rockbridge Highlands REALTORS®,MLS#: 139967MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Oven, Refrigerator, Gas Range, Electric
      Features
      • Walk-In Closet(s), Workshop
      • Flooring: Tile, Wood
      • Basement: Crawl Space
      • Has fireplace: Yes
      Interior area
      • Total structure area: 3,302
      • Total interior livable area: 3,302 sqft

      Property

      Features
      • Patio & porch: Screened Porch
      • Fencing: Wood,Fenced Yard
      Lot
      • Size: 9,583 Square Feet
      Details
      • Additional structures: Workshop
      • Parcel number: 23146
      • Zoning: Commercial
      • Zoning description: Commercial

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1820

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Security: Security System
      HOA
      • Has HOA: No
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $300/sqft
      • Tax assessed value: $525,700
      • Annual tax amount: $4,836
      • Date on market: 4/28/2026

        Estimated market value

        $933,400

        $887,000 - $980,000

        $3,406/mo

        Price history

        DateEventPrice
        4/28/2026Listed for sale$989,000-23.6%$300/sqft
        Source: Rockbridge Highlands REALTORS® #139967 Report a problem
        9/27/2024Listing removed$1,295,000$392/sqft
        Source: RVAR #895088 Report a problem
        3/18/2024Price change$1,295,000+36.5%$392/sqft
        Source: Rockbridge Highlands REALTORS® #137407 Report a problem
        8/29/2023Price change$949,000-13.7%$287/sqft
        Source: Rockbridge Highlands REALTORS® #137407 Report a problem
        5/9/2023Price change$1,100,000-15.1%$333/sqft
        Source: Rockbridge Highlands REALTORS® #137407 Report a problem
        12/30/2022Listed for sale$1,295,000+4.9%$392/sqft
        Source: Rockbridge Highlands REALTORS® #137407 Report a problem
        2/22/2014Listing removed$1,235,000$374/sqft
        Source: RE/MAX TOWN & COUNTRY #126974 Report a problem
        2/22/2013Listed for sale$1,235,000$374/sqft
        Source: REMAX Town & Country #126974 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $525,700
        2023-- $525,700
        2022-- $525,700 +25.4%
        2021-- $419,100
        2020-- $419,100
        2018-- $419,100 +3.6%
        2017-- $404,600
        2016-- $404,600
        2015-- --
        2014-- --
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 24450

        Getting around

        87 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Waddell
        • Middle: Lylburn Downing
        • High: Rockbridge Co

        Source: Rockbridge Highlands REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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