$329,000
PENDING $10K PRICE DROP

540 Collierstown Rd Lexington, VA 24450

Collierstown Neighborhood

Estimated payment $1,848/month

Total Views 13,096
4 Beds
2 Baths
1,814 Sq Ft
$181 Price per Sq Ft

Highlights

  • Mountain View
  • Sun or Florida Room
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Breakfast Area or Nook

About This Home

ONLY MINUTES FROM LEXINGTON - Vintage cottage situated on 2.19 acs just a short drive to downtown Lexington, VMI, & W&L has been lovingly maintained by the same family for over 70 yrs & is now ready for its next chapter. Boasting 4 beds and 2 baths, is perfect for accommodating family & guests. 1st-floor offers generous living room, eat-in kitchen, dining room, den, 2beds/2 baths and laundry. 2 additional bedrooms can be found on the upper level. An enclosed breezeway leads to the att-DBL-garage. Low maintenance vinyl exterior, repl windows, recent roof, AC(2024), paved driveway & storage buildings. Covered front-porch & large backyard provide opportunity for relaxation, gardening & outdoor activities at this county property conveniently located just outside the Lexington City limits

Listing Agent

Lana Nicely

Flint Realty LLC Listed on: 08/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1955

Lot Details

  • 2.19 Acre Lot
  • Property fronts a state road
  • Garden
  • Subdivision Possible
  • Property is zoned Agricultural

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,814 Sq Ft Home
  • 1.5-Story Property
  • Workshop
  • Sun or Florida Room
  • Mountain Views
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Airport Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74A-1-37

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,559

Year Built

Built in 1955

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: 1st fl. New unit '24
  • Directions: SW from Lexington on Link/Thornhill Road which merges into Collierstown Road for appx 2.5 miles. House on the Right at Flint Realty sign
  • HistoricProperty: No
  • Listing Member Name: Lana H Nicely
  • Listing Office Short Id: 86
  • Open House Office I D: 20061211170240485629000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Subdivision Name: Airport Acres
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1814.00
  • Year Built: 1955
  • Taxes Dollars: 1558.71
  • TotalAcresApx: 2.19
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioPorch: Front
  • Building Style: 1 1/2 Story
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Interior Access, Partial, Walkout
  • Full Bathrooms: 2.00
  • Flood Zone Other: not n flood haz zone
  • Updated Floor: Carpet, Vinyl, Wood
  • Water Heater Other: 2018
  • Appliances: As Is, Dryer, Electric Range, Refrigerator, Washer
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Interior Amenities: Breakfast Area, Workshop
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Cable Available, Paved Driveway, Porch-Front, Sidewalks, Storage Building, Storm Door-Front, Storm Door-Side, View - Mountains
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Collierstown
  • Tax Rate: 0.64
  • Flood Zone: SW
  • Exterior Features: Covered Porch, Garden Space, Paved Driveway, Porch, Storage Shed, Sunrise View, Sunroom
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Double, Opener, Workshop

Utilities

  • Cooling: Central Cooling, Window Unit(s)
  • Heating: Forced Air, Oil
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Zoning: Agricultural
  • Best Use: Investment, Residential, Vacation Rental
  • Current Use: Residential

Tax Info

  • Tax Map Number: 74A-1-37
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $1,558 $243,500 $71,900 $171,600
2024 $15 $243,500 $71,900 $171,600
2023 $1,485 $243,500 $71,900 $171,600
2022 $1,318 $178,100 $48,900 $129,200
2021 $1,318 $178,100 $48,900 $129,200
2020 $0 $178,100 $48,900 $129,200
2019 $1,300 $178,100 $48,900 $129,200
2018 $1,247 $178,100 $48,900 $129,200
2017 $1,247 $178,100 $48,900 $129,200
2016 $1,236 $168,100 $48,900 $119,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2025 11/27/25 Pending -- -- --
10/13/2025 10/13/25 Price Changed $329,000 -2.9% $181 / Sq Ft
08/28/2025 08/28/25 For Sale $339,000 -- $187 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Source: Rockbridge Highlands REALTORS®

MLS Number: 139512

APN: 74A-1-37

Virginia Rockbridge County Lexington 24450 Collierstown

540 Collierstown Rd, Lexington, VA

Pending

Detached

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Listing Agent
Lana Nicely
Section Image
Flint Realty LLC
(540) 452-9832