NOT LISTED FOR SALE

540 Collierstown Rd Lexington, VA 24450

Collierstown Neighborhood

Estimated Value: $286,000 - $360,853

4 Beds
2 Baths
1,814 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2026

Last sale price $300,000 $165 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,803 / mo

91 Days on Market

Highlights

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

About This Home

As of January 2026

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

Last Agent to Sell the Property

Lana Nicely

Flint Realty LLC Listed on: 08/28/2025

Last Buyer's 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

2.19 Acres

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
  • Selling Member Short Id: nicelyl
  • 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

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

Listed on
Aug 28, 2025
Closed on
Jan 6, 2026
Sold by
Bought by
Seller's Agent
Lana Nicely
Flint Realty LLC
Buyer's Agent
Lana Nicely
Flint Realty LLC
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Views
321
Current Estimated Value
$310,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,213
Avg. Annual Appreciation
8.10%
Original Mortgage
$270,000
Outstanding Balance
$269,741
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$40,472
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$300,000 None Listed On Document
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
Open $270,000
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
01/16/2026 01/16/26 Sold $300,000 -8.8% $165 / 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®

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 $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

Agents Affiliated with this Home

  • L

    Seller's Agent in 2026

    Lana Nicely

    Flint Realty LLC

    (540) 377-6380

    21 in this area

    129 Total Sales

    Lana Nicely
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 139512

APN: 74A-1-37

Virginia Rockbridge County Lexington 24450 Collierstown

540 Collierstown Rd, Lexington, VA

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