NOT LISTED FOR SALE

65 Rustic Ridge Ln Lexington, VA 24450

Estimated Value: $556,000 - $791,000

5 Beds
4.5 Baths
3,369 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $468,500 $139 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,610/month

474 Days on Market

Highlights

  • Horses Allowed On Property
  • Panoramic View
  • Deck
  • In Ground Pool
  • 3.62 Acre Lot
  • Outdoor Fireplace

About This Home

As of October 2020

Priced significantly below recent bank appraisal. Spacious 5-bedroom, 3.5-bath palatial estate with luxurious amenities sits atop an elevated building site enjoying unparalleled panoramic views of Blue Ridge Mountains from the heated in-ground gunite pool w/automatic push-button cover. Jacuzzi, pergola, basketball court, beautifully landscaped gardens, walkout basement with 3 huge sliding-glass doors & wide wrap-around front and rear porches. Separate 2,100 sq. ft. office building with 5-bay garage is ideal for a home-based business or guest quarters. There is a transcendent calmness that comes with entering this special environment. You will be happy here. Nestled on 3.62 acres on a private cul-de-sac in the desirable Rustic Ridge subdivision conveniently located right next to shopping,

Last Agent to Sell the Property

Lana Nicely

Flint Realty LLC Listed on: 05/29/2019

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 2004

Lot Details

  • 3.62 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Interior Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Garden
  • Subdivision Possible
  • Property is zoned Agricultural

Property Views

  • Panoramic
  • Mountain

Home Design

  • Shingle Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3,369 Sq Ft Home
  • Shelving
  • Ceiling Fan
  • Gas Fireplace
  • Recreation Room with Fireplace
  • Workshop
  • Storage
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Fireplace in Basement

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Flood Zone Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Rustic Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 89-35-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 2004

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt60/E Midland Trail to right on Forge Road, to right on Rusti Ridge Lane. House second on Left at Flint Realt 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: non-member
  • Selling Office Short Id: 108
  • Subdivision Name: Rustic Ridge
  • Subdivision Yn: Yes
  • TotalFinSFApx: 3369.00
  • Year Built: 2004
  • Taxes Dollars: 2500.00
  • Topography Other: Private
  • TotalAcresApx: 3.62
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPatio: Rear
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: over walk-out baseme
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Full, Heated, Interior Access, Walkout
  • Full Bathrooms: 3.50
  • Updated Floor: Carpet, Stone, Tile, Wood
  • Half Bathrooms: 1
  • Entry Location: Inside Lot
  • Water Heater Other: Electric new 2016
  • Appliances: As Is, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Smoke Detector, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 1, Gas
  • Fireplace Location: Basement, Recreation Room
  • Interior Amenities: Book Shelves, Breakfast Area, Ceiling Fan, Hot Tub, Storage, Walk-in Closet, Workshop
  • Lower Floor 1 Bedrooms: 10

Exterior Features

  • Exterior: Stone, Vinyl, Wood
  • Exterior Features: Cable Available, Cannot Subdivide, Ceiling Fan(s), Cul-de-sac, Fireplace, Horses Permitted, Patio-Concrete, Patio-Front, Patio-Rear, Patio-Side, Patio-Slide, Patio-Stone, Paved Driveway, Pool-Ingrnd, Porch-Front, Porch-Side, Smoke Detector, View - Mountains, View - Panoramic, Workshop
  • Road Frontage: Joint Maint, Paved Road, Private Road
  • Roof: Shingle
  • Street: Rustic Ridge
  • Tax Rate: 0.73
  • Flood Zone: SW
  • Out Buildings: Garage, Workshop
  • Topography: Open, Rolling, Views
  • Exterior Features: Covered Porch, Deck, Garden Space, Hot Tub, In-Ground Pool, Patio, Paved Driveway, Sunrise View, Sunset View, Workshop
  • Exterior Features Other: 24x24 Pavillion

Garage/Parking

  • Garage Spaces: Detached, Storage, Workshop
  • GarageOther: w/attch 720sf Office

Utilities

  • Cooling: Central Cooling, Heat Pump Electric, Zoned Cooling
  • Heating: Heat Pump(s), Liquid Propane, Zoned Heat
  • Sewer: Existing Septic
  • Water: Well

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
  • Lot Dimensions: see plat
  • Zoning: Agricultural
  • Best Use: Bed & Breakfast, Investment, Residential, Vacation Rental
  • Current Use: Residential

Tax Info

  • Tax Map Number: 89-35-6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2013
Sold by
Schultz Dennis M and Schultz Gloria A
Bought by
Sahani Rohan and Shannon Victoria
Current Estimated Value
$634,575
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sahani Rohan $326,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $468,500 -20.5% $139 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
05/29/2019 05/29/19 For Sale $589,000 -- $175 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History Compared to Growth

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 $2,957 $484,700 $96,200 $388,500
2024 $2,957 $484,700 $96,200 $388,500
2023 $2,957 $484,700 $96,200 $388,500
2022 $2,535 $342,500 $66,200 $276,300
2021 $2,535 $342,500 $66,200 $276,300
2020 $2,535 $342,500 $66,200 $276,300
2019 $2,500 $342,500 $66,200 $276,300
2018 $2,398 $342,500 $66,200 $276,300
2017 $2,398 $342,500 $66,200 $276,300
2016 $2,390 $325,200 $53,100 $272,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 134151

APN: 89-35-6