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Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
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75 Margarets LN, Lexington, VA 24450 (MLS# 924493)

75 Margarets LN, Lexington, VA 24450

$674,900
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 16.13 beautiful acres. The perfectly set up for horses or hobby farming. 4 75 Margarets 5 75 Margarets The established orchard offers apples, pears, peaches, and plums— a backyard full of bounty! Brand-new solar panels make the home energy-efficient. 8 75 Margarets 9 75 Margarets Two-stall barn with feed/tack room 11 75 Margarets Riding arena approx. 50ft x 200ft The property features 3 fenced paddocks. 14 75 Margarets An old 1900s barn, full of character and history — now used for hay storage but brimming with potential to be revived. Run in shelter in the field with the 1900's barn. Inside, the farmhouse has been thoughtfully updated — bright, inviting, and full of character. Living room complete with a stove. Fresh coat of paint throughout the house. 20 75 Margarets 21 75 Margarets Sweet kitchen, recently renovated. Butcher block counters. 24 75 Margarets 25 75 Margarets 26 75 Margarets Dining room 28 75 Margarets 29 75 Margarets Mudroom & Laundry 1st floor bathroom. Potential Primary bedroom on 1st floor or den. Primary bedroom on 1st floor. Second Floor Upper Loft or Rec. Room Upper Loft or Rec. Room 37 75 Margarets Bedroom #2 Bedroom #3 Bedroom #4 2nd bathroom Office or flex space. Office renovation in 2024. 44 75 Margarets Custom garage door installed 2025. Great for storage or car. 47 75 Margarets 48 75 Margarets 49 75 Margarets 50 75 Margarets 51 75 Margarets 52 75 Margarets 53 75 Margarets 54 75 Margarets 55 75 Margarets 56 75 Margarets Fall scenes! Brand new gutters were installed on the house 2025. Barn in the fall This property is a perfect retreat for horse lovers or anyone seeking solace in Rockbridge County’s picturesque countryside— all within minutes of town.
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,836 Lot Size (sq. ft.): 702,623 Status: Active
Current Price: $674,900 List Date: 2/06/2026 Last Modified: 5/08/2026

Overview

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.

Listing Details MLS# 924493

Location, Tax & Legal

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
Major Area
25 - Rockbridge County
Phase
0
Lot
No
Block
No
Tax ID
74-30-A
Annual Taxes
2189
Section
No
POA Y/N
No

General Property Description

Property Sub-Type
Single Family Residence
Residential Type
Detached
Construction Status
Completed
Year Built
1900
Total Bdrm
4
Total Bths
2
Total F Baths
2
Entry Above Grd Fin SQFT
1836
Total Fnshd SqFt
1836
Total Above Grd Fin SQFT
1836
Grand Total Attached SQFT
1836
Basement Y/N
Yes
Prim. Covered Prking
Garage Detached
Total Acreage
16.13
Water Class
N/A
Lot Dimensions
No
Upper Above Grd Fin SQFT
0
Other Above Grd Fin SQFT
0
Total Unfin SQFT
0
Total Cov'd Prk Spc
0

Primary Bedrooms

Primary BR Entry Lvl
Yes

Bedrooms

BR Entry Level
Yes
BR Upper Level
3

Full Baths

Full Baths Entry Lvl
Yes
Full Baths Upper Lvl
Yes

More Information

Laundry

Laundry Entry Level
Yes

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
Yes

Limited Service

Not Limited Service
Yes

Lot Description

Views
Yes

Construction

Vinyl
Yes
Wood
Yes

Basement

Partial
Yes
Walk-Out Access
Yes

Views

Mountain(s)
Yes
Sunrise
Yes
Sunset
Yes

Heating

Gas – Propane
Yes
Heat Pump Electric
Yes

Misc Features

Private Road
Yes

Cooling

Central Air
Yes

Water Description

Private Well
Yes

Sewer Description

Private Septic
Yes

Water Heater Type

Tank-less
Yes

Interior Features

Bookcases
Yes
Storage
Yes
Walk-In Closet(s)
Yes

Energy Features

Active Solar Heat
Yes

Exterior Features

Barn(s)
Yes
Deck
Yes
Fenced Yard
Yes
Shed(s)
Yes

Porch

Covered Porch
Yes

Appliances

Dishwasher
Yes
Range Electric
Yes
Refrigerator
Yes

Floors

Carpet
Yes
Laminate
Yes
Wood
Yes

Windows

Insulated
Yes

Exterior Doors

Insulated Storm
Yes

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: May - 08 - 2026
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dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
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540-529-4229 Cell

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