$998,500

374 Finley Rd Raphine, VA 24472

Estimated payment $5,785/month

Total Views 13,613
4 Beds
3 Baths
3,937 Sq Ft
$254 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • 11.93 Acre Lot
  • Wood Flooring
  • Gourmet Kitchen
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

Priced under appraisal and ready for it's new owners. Nestled on 12 picturesque acres in the serene Virginia countryside, this beautifully restored farmhouse and historic bank barn offer an ideal blend of modern equestrian amenities and timeless charm. Perfectly positioned just 20 minutes from Lexington and the Virginia Horse Center, and about 15 minutes from Staunton, 5 minutes from Brownsburg. Near VMI and Washington and Lee University. The property provides easy access to equestrian events, dining, and shopping, making it a prime destination for horse enthusiasts and eventing guests.

Designed with the serious equestrian in mind, the farm features five meticulously designed paddocks, each thoughtfully laid out to maximize space and functionality. A professionally built riding ring with premium footing ensures a safe and comfortable surface for training and exercise. Two spacious run-ins provide shade and shelter for horses, while a round riding pen adds versatility for training sessions.

The historic bank barn underwent a comprehensive restoration in 2023 to preserve its structural integrity and enhance functionality. Renovations included new poplar barn doors, reinforced posts, and a freshly repainted roof. The lower level was cleared, offering flexible space for future use, such as additional stalls or storage. The stone foundation was repointed, and water diversion systems were improved to protect against erosion and moisture damage. Netting was installed to safeguard the barn from birds and bees, ensuring a clean and secure environment.

Water resources are abundant, with two wells, multiple natural springs, and Hays Creek flowing beneath the barn, providing a consistent and reliable water source for livestock and irrigation. The land has been carefully regraded and reseeded to promote healthy pasture growth and optimal drainage. A new poplar board fence not only enhances security but also adds a touch of rustic charm, creating a secure and visually appealing environment for horses.

The restored farmhouse offers a blend of historic elegance and modern comfort. With four spacious bedrooms and three beautifully appointed bathrooms, the home features rich hardwood floors throughout. The heart of the home is the gourmet kitchen, complete with a large island, high-end appliances, and ample counter space—perfect for entertaining guests or hosting family gatherings. Large windows provide abundant natural light and stunning views of the rolling countryside.

Additional property upgrades include an expanded parking area, making it easy for trailers and guest vehicles to navigate. New gutters and downspouts were installed to improve drainage, and a 7,200-watt Eco Flow solar battery backup system ensures energy efficiency and peace of mind during outages.

The property is zoned for two additional dwellings, offering exciting expansion opportunities. Since it qualifies as a family subdivision, documentation is available from the Rockbridge County Planning Department. This opens the door for adding guest cottages or rental units, enhancing the property's versatility as a working horse farm or an Airbnb-style retreat for equestrian travelers.

This exceptional farm is more than just a horse property—it’s a thoughtfully designed, fully equipped equestrian estate with the charm of history and the convenience of modern living. Whether you envision it as a private horse farm or a profitable guest retreat, this property offers unmatched flexibility and elegance in a prime Virginia location.

Listing Agent

Heather Wells

Real Broker, LLC License #0225227499 Listed on: 02/28/2025

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1910

Lot Details

  • 11.93 Acre Lot
  • Wood Fence
  • Property is in very good condition
  • Property is zoned A-2

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Family Room Off Kitchen
  • Open Floorplan
  • Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Stove
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Outbuilding
  • Wrap Around Porch

Schools

  • Rockbridge County High School

Farming

  • Feed Barn
  • Pasture
  • Horse Farm
  • Livestock

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Run-In Shed

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • High-Efficiency Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 027000010002C100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: Level Entry - Main
  • Habitable Residence: Yes
  • Ownership: Fee Simple
  • Exclusions: Farm Equipment (possibility to purchase) tractors, spreader, lawn equipment
  • Inclusions: Brand new pellet stove installed 2/17/2025, barn, run in, fencing, mini splits
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1910
  • Building Winterized: No
  • Remarks Public: Priced under appraisal and ready for it's new owners. Nestled on 12 picturesque acres in the serene Virginia countryside, this beautifully restored farmhouse and historic bank barn offer an ideal blend of modern equestrian amenities and timeless charm. Perfectly positioned just 20 minutes from Lexington and the Virginia Horse Center, and about 15 minutes from Staunton, 5 minutes from Brownsburg. Near VMI and Washington and Lee University. The property provides easy access to equestrian events, dining, and shopping, making it a prime destination for horse enthusiasts and eventing guests. Designed with the serious equestrian in mind, the farm features five meticulously designed paddocks, each thoughtfully laid out to maximize space and functionality. A professionally built riding ring with premium footing ensures a safe and comfortable surface for training and exercise. Two spacious run-ins provide shade and shelter for horses, while a round riding pen adds versatility for training sessions. The historic bank barn underwent a comprehensive restoration in 2023 to preserve its structural integrity and enhance functionality. Renovations included new poplar barn doors, reinforced posts, and a freshly repainted roof. The lower level was cleared, offering flexible space for future use, such as additional stalls or storage. The stone foundation was repointed, and water diversion systems were improved to protect against erosion and moisture damage. Netting was installed to safeguard the barn from birds and bees, ensuring a clean and secure environment. Water resources are abundant, with two wells, multiple natural springs, and Hays Creek flowing beneath the barn, providing a consistent and reliable water source for livestock and irrigation. The land has been carefully regraded and reseeded to promote healthy pasture growth and optimal drainage. A new poplar board fence not only enhances security but also adds a touch of rustic charm, creating a secure and visually appealing environment for horses. The restored farmhouse offers a blend of historic elegance and modern comfort. With four spacious bedrooms and three beautifully appointed bathrooms, the home features rich hardwood floors throughout. The heart of the home is the gourmet kitchen, complete with a large island, high-end appliances, and ample counter space—perfect for entertaining guests or hosting family gatherings. Large windows provide abundant natural light and stunning views of the rolling countryside. Additional property upgrades include an expanded parking area, making it easy for trailers and guest vehicles to navigate. New gutters and downspouts were installed to improve drainage, and a 7,200-watt Eco Flow solar battery backup system ensures energy efficiency and peace of mind during outages. The property is zoned for two additional dwellings, offering exciting expansion opportunities. Since it qualifies as a family subdivision, documentation is available from the Rockbridge County Planning Department. This opens the door for adding guest cottages or rental units, enhancing the property's versatility as a working horse farm or an Airbnb-style retreat for equestrian travelers. This exceptional farm is more than just a horse property—it’s a thoughtfully designed, fully equipped equestrian estate with the charm of history and the convenience of modern living. Whether you envision it as a private horse farm or a profitable guest retreat, this property offers unmatched flexibility and elegance in a prime Virginia location.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Stove, Washer, Water Heater - High-Efficiency, Icemaker, Energy Star Refrigerator
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Stove - Pellet, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 3937
  • Living Area Sq Ft: 3937
  • Price Per Sq Ft: 416.04
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 1537
  • Total Below Grade Sq Ft: 1537
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 374

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Run-in Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Gravel
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ROCKBRIDGE COUNTY PUBLIC SCHOOLS
  • High School: ROCKBRIDGE COUNTY
  • High School Source: 3rd Party
  • School District Key: 121139568335
  • School District Source: 3rd Party
  • High School: ROCKBRIDGE COUNTY

Lot Info

  • Horses: Yes
  • Crops Included: No
  • Farm Features: Feed Barn
  • Farm Land Area Units: Acres
  • Farm Operation: Horse, Dairy, Livestock, Pasture
  • Fencing: Wood
  • Lot Size Acres: 11.93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 519670.80
  • Outdoor Living Structures: Wrap Around, Porch(es)
  • Property Condition: Very Good
  • Remarks Farm: Farm features five well-designed paddocks, a professionally built riding ring, and two spacious run-ins. The historic bank barn underwent a full restoration in 2023, ensuring durability and functionality with new poplar barn doors, reinforced posts, and a
  • Zoning: A-2
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3064.00
  • Assessor Parcel Number: 027000010002C100
  • Tax Year: 2024

MLS Schools

  • School District Name: ROCKBRIDGE COUNTY PUBLIC SCHOOLS

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 $828 $687,800 $652,800 $35,000
2023 $828 $687,800 $652,800 $35,000
2022 $746 $541,700 $541,700 $0
2021 $746 $541,700 $541,700 $0
2020 $798 $541,700 $541,700 $0
2019 $1,834 $541,700 $541,700 $0
2018 $1,759 $775,600 $632,200 $143,400
2017 $1,759 $775,600 $632,200 $143,400
2016 $1,752 $592,600 $467,200 $125,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $998,500 +330.4% $282 / Sq Ft
03/15/2019 03/15/19 Sold $232,000 -7.2% $97 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
07/15/2017 07/15/17 For Sale $249,900 -- $104 / Sq Ft
Source: Bright MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $30,000 Credit Line Revolving
Source: Public Records

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Source: Bright MLS

MLS Number: VARB2000072

Bright MLS

APN: 27-1-2A