75 Margarets LN, Lexington, VA 24450

$649,000

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.

The established orchard offers apples, pears, peaches, and plums— a backyard full of bounty!

The property features 3 fenced paddocks.

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.

Fresh coat of paint throughout the house.

Potential Primary bedroom on 1st floor or den.

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: $649,000 List Date: 2/06/2026 Last Modified: 6/17/2026

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

Room Name	Level	Remarks
Bedroom 1	Entry	13.5x11.5
Bedroom 2	Upper	11.41x9.66
Bedroom 3	Upper	16.58x13.5
Bedroom 4	Upper	13.5x11.5
Dining Room	Entry	13.58x11.58
Family Room	Upper	19.41x13.33
Kitchen	Entry	19.33x9.58
Laundry	Entry	12x7.66
Living Room	Entry	13.33x19.25
Office	Upper	19.41x6.25

Listing Office: LEXINGTON REAL ESTATE CONNECTION

Last Updated: June - 17 - 2026

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75 Margarets LN, Lexington, VA 24450 (MLS# 924493)