$245,000
$4K PRICE DROP

1202 S Lee Hwy Lexington, VA 24450

Estimated payment $1,370/month

Total Views 7,365
2 Beds
1 Bath
696 Sq Ft
$352 Price per Sq Ft

Highlights

  • 2.02 Acre Lot
  • Main Floor Primary Bedroom
  • Cottage
  • Wood Flooring
  • No HOA
  • Covered Patio or Porch

About This Home

Charming Retreat Just Minutes from Downtown Lexington! Nestled among the trees with peaceful rolling views, this cozy 2-bedroom, 1-bath home offers the perfect blend of charm, comfort, and convenience. Whether you're looking for a full-time residence, weekend escape, or proven short-term rental, this property delivers. Inside, you'll find a bright and inviting living space. The home has been thoughtfully updated with a new roof, new siding, and new windows, giving it a fresh feel while maintaining its character. Enjoy the flexibility this property offers. With a strong track record as a successful vacation rental, this home is ready for its next chapter.

Listing Agent

Kimberly Hostetter

Listed on: 07/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1952

Lot Details

  • 2.02 Acre Lot
  • Property fronts a state road
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned Agricultural

Parking

  • No Garage

Home Design

  • Cottage
  • Concrete Block With Brick
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 696 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Pull Down Stairs to Attic
  • Electric Range
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Central Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Flood Zone Lot
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 75 A 9C

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1952

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, Rt 11 S approx. 1.6 miles; house on left.
  • HistoricProperty: No
  • Listing Member Name: Kimberly Hostetter
  • Listing Office Short Id: EXP
  • Open House Office I D: 20231009152950238699000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Subdivision Yn: No
  • TotalFinSFApx: 696.00
  • Year Built: 1952
  • Taxes Dollars: 544.00
  • TotalAcresApx: 2.02
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • Type of Construction: Concrete Block
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Unfinished, Walkout
  • Full Bathrooms: 1.00
  • Updated Floor: Vinyl, Wood
  • Roof Other: New 2025
  • Appliances: As Is, Dryer, Electric Range, Refrigerator, Washer
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Exterior: Block, Vinyl
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Lee
  • Surface Water: None
  • Tax Rate: .61
  • Flood Zone: NE
  • Topography: Open, Pasture, Rolling, Views
  • Exterior Features: Covered Porch, Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Zoning: Agricultural
  • Best Use: Investment, Residential, Vacation Rental
  • Current Use: Investment, Residential, Vacation Rental

Tax Info

  • Tax Map Number: 75 A 9C
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $543 $89,000 $47,500 $41,500
2023 $543 $89,000 $47,500 $41,500
2022 $514 $69,500 $37,500 $32,000
2021 $514 $69,500 $37,500 $32,000
2020 $514 $69,500 $37,500 $32,000
2019 $507 $69,500 $37,500 $32,000
2018 $487 $69,500 $37,500 $32,000
2017 $487 $69,500 $37,500 $32,000
2016 $632 $86,000 $47,500 $38,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $245,000 -1.6% $352 / Sq Ft
07/24/2025 07/24/25 For Sale $249,000 -- $358 / Sq Ft
Source: Rockbridge Highlands REALTORS®

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Source: Rockbridge Highlands REALTORS®

MLS Number: 139428

APN: 75-A-9C