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For sale
    • Price cut: $100K (7/1)
    $285,000

    50 Cabin Ln, Lexington, VA 24450

    2beds
    1,680sqft
    : 
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    Farm
    Built in 1930
    3.31 Acres Lot
    $-- Zestimate®
    $170/sqft
    $-- HOA

    What's special

    Good metal roofSeveral antique farm buildingsCompletely rewired
    Penney Pocket Farm -- a rare opportunity to take over a restoration in progress -- is now available ''as is'' with a HUGE price reduction. This sweet farmette, located 10 minutes from downtown Lexington, includes 3+ partially fenced acres and several antique farm buildings ready to be reimagined and reused. The 2-story, 2-bedroom farmhouse has a good metal roof, has already been completely rewired, and retains charming original features inside and outside. New kitchen partially installed; new well location approved. This property presents an amazing opportunity to create your farmhouse/homestead only 15 minutes from historic downtown Lexington, VA.
    119 days
    |
    733
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Leslie A Giles 540-460-2201,

    Lexington Real Estate Connection 540-463-2016

    Source: Rockbridge Highlands REALTORS®,MLS#: 139866MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Description: with closet
      • Level: Second
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Bedroom 2
      • Description: w/access to sleeping porch
      • Level: Second
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Full bathroom
      • Level: First
      • Area: 56 Square Feet
      • Dimensions: 8 x 7
      Full bathroom
      • Description: roughed in
      • Level: Second
      • Area: 56 Square Feet
      • Dimensions: 8 x 7
      Family room
      • Description: enclosed porch
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 28 x 9
      Foyer
      • Description: stairhall; enclosed porch
      • Level: First
      • Area: 140 Square Feet
      • Dimensions: 20 x 7
      Kitchen
      • Description: eat-in area
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Living room
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Other
      • Description: original sleeping porch
      • Level: Second
      • Area: 252 Square Feet
      • Dimensions: 28 x 9
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: None
      Features
      • Flue Available
      • Flooring: Wood
      • Basement: Cellar,Dirt Floor,Unfinished
      Interior area
      • Total structure area: 1,680
      • Total interior livable area: 1,680 sqft

      Property

      Features
      • Patio & porch: Enclosed
      • Exterior features: Garden Space
      • Fencing: Partial,Woven
      • Has view: Yes
      • View description: Sunrise View
      Lot
      • Size: 3.31 Acres
      Details
      • Additional structures: Barn(s), Storage Shed
      • Parcel number: 61A13
      • Zoning: Agricultural
      • Zoning description: Agricultural

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Condition
      • Year built: 1930

      Utilities & green energy

      • Sewer: Existing Septic

      Community & HOA

      Community
      • Features: None
      HOA
      • Has HOA: No
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $170/sqft
      • Tax assessed value: $69,900
      • Annual tax amount: $447
      • Date on market: 3/24/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,452/mo

        Price history

        DateEventPrice
        7/1/2026Price change$285,000-26%$170/sqft
        Source: Rockbridge Highlands REALTORS® #139866 Report a problem
        3/24/2026Listed for sale$385,000+352.9%$229/sqft
        Source: Rockbridge Highlands REALTORS® #139866 Report a problem
        7/15/2025Sold$85,000-15%$51/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        5/29/2025Pending sale$100,000$60/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        4/2/2025Listed for sale$100,000-9.1%$60/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        3/26/2025Listing removed$110,000$65/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        3/17/2025Price change$110,000-7.6%$65/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        2/14/2025Listed for sale$119,000$71/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        1/27/2025Pending sale$119,000$71/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        9/30/2024Listed for sale$119,000+197.5%$71/sqft
        Source: Rockbridge Highlands REALTORS® #138838 Report a problem
        5/27/2022Sold$40,000$24/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$426 $69,900
        2023-- $69,900
        2022-- $69,900 +54.3%
        2021-- $45,300
        2020-- $45,300
        2018-- $45,300
        2017$550 $45,300 -39.4%
        2016$550 $74,800
        2015-- --
        2014-- --
        2013-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        0 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Central
        • Middle: Maury River
        • 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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