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Sold for $570,000
  • $570,000

    75 Margarets Ln, Lexington, VA 24450

    4beds
    1,836sqft
    Single Family Residence
    Built in 1900
    16.13 Acres Lot
    $570,100 Zestimate®
    $310/sqft
    $2,075 Estimated rent

    Home value

    $570,100

    Estimated sales range

    Not available

    $2,075/mo

    Zestimate® history
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    What's special

    Riding arenaRun-in shelterBackyard full of bounty
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    PAULA J MARTIN 540-460-1019,

    LEXINGTON REAL ESTATE CONNECTION

    Bought with:

    Non Member Transaction Agent

    Non-Member Transaction Office

    Source: RVAR,MLS#: 924493MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom 1
    • Description: 13.5x11.5
    • Level: Entry
    Bedroom 2
    • Description: 11.41x9.66
    • Level: Upper
    Bedroom 3
    • Description: 16.58x13.5
    • Level: Upper
    Bedroom 4
    • Description: 13.5x11.5
    • Level: Upper
    Dining room
    • Description: 13.58x11.58
    • Level: Entry
    Family room
    • Description: 19.41x13.33
    • Level: Upper
    Kitchen
    • Description: 19.33x9.58
    • Level: Entry
    Laundry
    • Description: 12x7.66
    • Level: Entry
    Living room
    • Description: 13.33x19.25
    • Level: Entry
    Office
    • Description: 19.41x6.25
    • Level: Upper
    Heating
    • Heat Pump Electric, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Electric Range
    Features
    • Bookcases, Storage, Walk-In Closet(s)
    • Flooring: Carpet, Wood, Laminate
    • Doors: Insulated Storm
    • Windows: Insulated Windows
    • Basement: Partial,Walk-Out Access
    Interior area
    • Total structure area: 1,836
    • Total interior livable area: 1,836 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered Porch, Deck
    • Fencing: Fenced
    • Has view: Yes
    • View description: Mountain(s), Sunrise, Sunset
    Lot
    • Size: 16.13 Acres
    • Features: Views
    Details
    • Additional structures: Barn(s), Shed(s)
    • Parcel number: 7430A

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Siding
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Private Septic
    • Water: Private Well
    Green energy
    • Energy efficient items: Active Solar Heat

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Lexington

    Financial & listing details

    • Price per square foot: $310/sqft
    • Tax assessed value: $358,800
    • Annual tax amount: $2,189
    • Date on market: 2/6/2026
    • Cumulative days on market: 224 days

    Price history

    DateEventPrice
    10/9/2026Sold$570,000-4.8%$310/sqft
    Source: RVAR #924493 Report a problem
    9/16/2026Pending sale$599,000$326/sqft
    Source: Rockbridge Highlands REALTORS® #139656 Report a problem
    8/26/2026Price change$599,000-4.1%$326/sqft
    Source: Rockbridge Highlands REALTORS® #139656 Report a problem
    8/12/2026Price change$624,900-3.7%$340/sqft
    Source: Rockbridge Highlands REALTORS® #139656 Report a problem
    6/17/2026Price change$649,000-3.8%$353/sqft
    Source: Rockbridge Highlands REALTORS® #139656 Report a problem
    4/27/2026Price change$674,900-3.4%$368/sqft
    Source: RVAR #924493 Report a problem
    4/1/2026Price change$699,000-2.8%$381/sqft
    Source: RVAR #924493 Report a problem
    3/2/2026Price change$719,000-0.7%$392/sqft
    Source: CAAR #673006 Report a problem
    2/9/2026Price change$724,000-2%$394/sqft
    Source: Rockbridge Highlands REALTORS® #139656 Report a problem
    11/6/2025Listed for sale$739,000+13.7%$403/sqft
    Source: Rockbridge Highlands REALTORS® #139656 Report a problem
    1/29/2024Listing removed$650,000$354/sqft
    Source: Rockbridge Highlands REALTORS® #138104 Report a problem
    1/3/2024Price change$650,000-3.7%$354/sqft
    Source: Rockbridge Highlands REALTORS® #138104 Report a problem
    10/27/2023Listed for sale$675,000+170%$368/sqft
    Source: Rockbridge Highlands REALTORS® #138104 Report a problem
    7/2/2018Sold$250,000$136/sqft
    Source: Rockbridge Highlands REALTORS® #132990 Report a problem
    5/29/2018Pending sale$250,000$136/sqft
    Source: LONG & FOSTER REAL ESTATE INC FISHERSVILLE #576769 Report a problem
    5/21/2018Listed for sale$250,000$136/sqft
    Source: LONG & FOSTER REAL ESTATE INC FISHERSVILLE #576769 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,732 +5.3%$358,800
    2024$1,645 $358,800
    2023-- $358,800
    2022-- $358,800 +54.1%
    2021-- $232,800
    2020-- $232,800
    2018-- $232,800
    2017$1,067 $232,800 -0.8%
    2016$1,067 $234,600
    2015-- --
    2014-- --
    2013-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 24450

    Nearby schools

    GreatSchools rating
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    $570,100
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    +$11,402
    With Zillow Showcase(estimated)

    $581,502

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $570,100
    2% more
    +$11,402
    With Zillow Showcase(estimated)

    $581,502