Bart Smith

75 Margarets Ln, Lexington, VA 24450

$699,000
  • 75 Margarets Ln, Lexington, VA 24450 Main Photo

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Active Price Reduced by $20,000 on April 1st, 2026
BEDS4 BATHS2 full SQUARE FEET1,836 MLS#924493
STATUSActive PROPERTY TYPEResidential - Single Family

Property 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.

75 Margarets Ln | MLS# 924493

This single family home located at 75 Margarets Ln, Lexington, VA 24450 is currently listed for sale with an asking price of $699,000. This property was built in 1900 and has 4 bedrooms and 2 full baths with 1836 sq. ft. Search Lexington real estate on www.bcsmithproperties.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Air
Fenced: Yes
Heating: Gas - Propane, Heat Pump Electric
Home Style: 2 Story
Lot Size: 16.13 Acres
Stories: 2.0
Taxes: $2,189
Year Built: 1900

Amenities

Bookcases
Storage
Walk-In Closet(s)
Barn(s)
Deck
Fenced Yard
Shed(s)

Feature Descriptions

Appliances: Dishwasher, Range Electric, Refrigerator
Days on Site: 54
Energy Feature(s): Active Solar Heat
Exterior: Vinyl, Wood
Exterior Door(s): Insulated Storm
Floor: Carpet, Laminate, Wood
Lot: Views
Lot Dimensions: 16.13 acre(s)
Miscellaneous Features: Private Road
Outbuilding(s): Yes
Parking: Primary Covered: Garage Detached
Porch: Covered Porch
Sewer: Private Septic
Special View Info: Mountain(s), Sunrise, Sunset
Water: Private Well
Window: Insulated

Listed By / Shown By

Listed By

Agency Name: LEXINGTON REAL ESTATE CONNECTION
Agency Phone: (540) 463-2016

Shown By

Agent Name: Bart Smith
Agent Phone: Cell: (540) 798-0171
Agency Title: MKB, REALTORS

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Estimated Payment

$ 1,941.96 per month $1,555.67 Principal & Interest $182.42 Property Tax $203.88 Homeowner's Insurance

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