NOT LISTED FOR SALE

345 Spring Meadow Ln Lexington, VA 24450

Lexington Area

Estimated Value: $616,000 - $901,241

4 Beds
2 Baths
1,875 Sq Ft
$402/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2023

Last sale price $700,000 $373 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,341 / mo

113 Days on Market

Highlights

  • Barn
  • 36 Acre Lot
  • Family Room with Fireplace
  • Stables
  • Mountain View
  • Spring on Lot

About This Home

As of August 2023

RARE chance to own the exceptional Rockbridge County property known as Hidden Valley Farm! Beautifully kept property, which at one time served as the airport, includes a well built 4-bedroom, 2-bath brick home situated on 36 acres with up to 50 additional acres available and offers superior agricultural resources: a recent, insulated 36 x 40 shop building, three hay barns that also can be used for equipment storage, a former milkhouse, a woodshed with partial basement, cattle loading chute, separately fenced fields, six automated watering systems, two additional equipment sheds, and three fuel tanks with electric pumps. Land offers inspiring mountain views less than 5 minutes from downtown Lexington. Opportunity for future farming, development, a winery/orchard, or as an event venue.

Last Agent to Sell the Property

Jeff Black

Lexington Real Estate Connection Listed on: 03/27/2023

Last Buyer's Agent

Tenney Mudge

Fresh Estates & Country Properties, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1952

Lot Details

  • 36 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Garden
  • Property is zoned Agricultural

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Flue
  • Brick Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Washer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Spring on Lot
  • Covered Patio or Porch
  • Storage Shed

Schools

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

Farming

  • Barn
  • Silo
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 74-a-75

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1952

Lot Details

36 Acres

Listing Details

  • ConservationEsmnt: Yes
  • Directions: From downtown Lexington Take Rt 251 for 3.3 miles to Right onto Spring Meadow ln Follow signs
  • HistoricProperty: No
  • InternetServicesAvailable: Cable
  • Listing Member Name: Jeff Black
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: maryt
  • Subdivision Yn: No
  • TotalFinSFApx: 1875.00
  • Year Built: 1952
  • Taxes Dollars: 2400.00
  • TotalAcresApx: 36.00
  • 1StFloorMstrBdrm: No
  • StyleTwoStory: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 2.00
  • Exterior Other: Cement Block
  • Updated Floor: Vinyl, Wood
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Washer Hookup
  • Has Attic: Unfinished
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 2, Brick
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: Ceiling Fan, Flue Available, Walk-in Closet
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Brick
  • Exterior Features: Cable Available, Horses Permitted, View - Mountains
  • Road Frontage: Paved Road
  • Roof: Shingle
  • Street: Spring Meadow
  • Surface Water: Spring
  • Tax Rate: .74
  • Flood Zone: Other (Use Remarks)
  • Out Buildings: Barn(s), Silo, Stable
  • Topography: Open, Pasture, Rolling, Views
  • Exterior Features: Barn, Covered Porch, Garden Space, Paved Driveway, Storage Shed

Garage/Parking

  • Garage Spaces: Carport, Detached, Double

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Oil, Wood Furnance
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric
  • Water Heater: Electric
  • Domestic Water Other: Private Well

Schools

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

Lot Info

  • Future Land Use: Yes
  • Zoning: Agricultural
  • Best Use: Agricultural, Residential
  • Current Use: Cattle, Residential

Tax Info

  • Tax Map Number: 74-a-75
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Bought by
Current Estimated Value
$753,060

Purchase Details

Closed on
May 1, 2025
Sold by
Bought by

Purchase Details

Listed on
Mar 27, 2023
Closed on
Sep 19, 2023
Sold by
Bought by
Seller's Agent
Jeff Black
Lexington Real Estate Connection
Buyer's Agent
Tenney Mudge
Fresh Estates & Country Properties, Inc.
List Price
$760,000
Sold Price
$700,000
Premium/Discount to List
-$60,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%

Purchase Details

Listed on
Mar 27, 2023
Closed on
Aug 10, 2023
Sold by
Bought by
Seller's Agent
Jeff Black
Lexington Real Estate Connection
Buyer's Agent
Tenney Mudge
Fresh Estates & Country Properties, Inc.
List Price
$760,000
Sold Price
$700,000
Premium/Discount to List
-$60,000
-7.89%

Purchase Details

Closed on
Apr 14, 2023
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2020
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lexington, VA

  • Mary Beth Harris Real Estate Agent - JAMES RIVER REALTY LLC

    Mary Beth Harris

    JAMES RIVER REALTY LLC

    (540) 600-4286

    163 Total Sales

    40 in Lexington

    $65K - $600K Price Range

    Mary Beth Harris
     Section Image
  • David Stull Real Estate Agent - STERLING PROPERTIES & MANAGEMENT LLC

    David Stull

    STERLING PROPERTIES & MANAGEMENT LLC

    (540) 600-4933

    55 Total Sales

    21 in Lexington

    $65K - $985K Price Range

    David Stull
     Section Image
  • Matthias John Real Estate Agent - CORCORAN WILEY-CHARLOTTESVILLE

    Matthias John

    CORCORAN WILEY-CHARLOTTESVILLE

    (434) 443-8900

    63 Total Sales

    1 in Lexington

    $1,200,000 Price

    Matthias John
     Section Image
  • KAREN LITTLE Real Estate Agent - J.F. Brown Real Estate Services

    KAREN LITTLE

    J.F. Brown Real Estate Services

    (540) 600-4582

    100 Total Sales

    41 in Lexington

    $43K - $585K Price Range

    KAREN LITTLE
     Section Image
  • Judy Hillman Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Judy Hillman

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-2923

    86 Total Sales

    6 in Lexington

    $259K - $515K Price Range

    Judy Hillman
     Section Image
  • Elaine Pence Real Estate Agent - KL Real Estate Inc

    Elaine Pence

    KL Real Estate Inc

    (540) 600-4250

    49 Total Sales

    1 in Lexington

    $333,500 Price

    Elaine Pence
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 None Listed On Document
$700,000 None Listed On Document
-- None Listed On Document
$700,000 None Listed On Document
$375,000 None Listed On Document
$103,680 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $94,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2023 08/30/23 Sold $700,000 -7.9% $373 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $760,000 -- $405 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,513 $648,900 $350,200 $298,700
2024 $2,659 $648,900 $350,200 $298,700
2023 $2,659 $648,900 $350,200 $298,700
2022 $2,659 $843,800 $598,300 $245,500
2021 $2,659 $843,800 $598,300 $245,500
2020 $2,203 $811,300 $626,000 $185,300
2019 $2,173 $769,400 $584,100 $185,300
2018 $2,084 $769,400 $584,100 $185,300
2017 $2,084 $769,400 $584,100 $185,300
2016 $1,668 $480,200 $350,700 $129,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JB

    Seller's Agent in 2023

    Jeff Black

    Lexington Real Estate Connection

    (540) 958-0189

    173 Total Sales

    Jeff Black
    Section Image

  • TM

    Buyer's Agent in 2023

    Tenney Mudge

    Fresh Estates & Country Properties, Inc.

    (540) 460-6309

    17 Total Sales

    Tenney Mudge
    Section Image
See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137583

APN: 74-A-75

Virginia Rockbridge County Lexington 24450

345 Spring Meadow Ln, Lexington, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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