75 Margarets Ln Lexington, VA 24450
Collierstown NeighborhoodEstimated payment $3,667/month
Highlights
- 16.13 Acre Lot
- Home Office
- 1 Car Garage
- Main Floor Primary Bedroom
- Central Air
- Heating System Uses Propane
About This Home
Enjoy peaceful country living just 10 minutes from historic downtown Lexington, home to W&L and VMI. This sweetly renovated 4-bedroom, 2-bath farmhouse sits on just over 16 beautiful acres, perfectly set up for horses or hobby farming. The property features 3 fenced paddocks, a two-stall barn with feed/tack room, run-in shelter and a riding arena. An old 1900s barn, full of character and history — now used for hay storage but brimming with potential to be revived. The established orchard offers apples, pears, peaches, and plums— a backyard full of bounty! Brand-new solar panels make the home energy-efficient. Inside, the farmhouse has been thoughtfully updated — bright, inviting, and full of character. This property is a perfect retreat for horse lovers or anyone seeking solace in Rockbridge County's picturesque countryside all within minutes of town.
Listing Agent
LEXINGTON REAL ESTATE CONNECTION License #0225059007 Listed on: 02/04/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,189
Year Built
- Built in 1900
Lot Details
- 16.13 Acre Lot
- Zoning described as A Agricultural
Parking
- 1 Car Garage
Home Design
- Slab Foundation
- Stick Built Home
Interior Spaces
- 2-Story Property
- Home Office
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- 2 Full Bathrooms
Schools
- Central Elementary School
- Maury River Middle School
- Rockbridge High School
Utilities
- Central Air
- Heating System Uses Propane
- Heat Pump System
- Private Water Source
- Well
Community Details
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,732 | $358,800 | $158,300 | $200,500 |
| 2024 | $16 | $358,800 | $158,300 | $200,500 |
| 2023 | $1,645 | $358,800 | $158,300 | $200,500 |
| 2022 | $1,063 | $232,800 | $148,300 | $84,500 |
| 2021 | $1,063 | $232,800 | $148,300 | $84,500 |
| 2020 | $1,063 | $232,800 | $148,300 | $84,500 |
| 2019 | $1,048 | $232,800 | $148,300 | $84,500 |
| 2018 | $1,004 | $232,800 | $148,300 | $84,500 |
| 2017 | $1,004 | $232,800 | $148,300 | $84,500 |
| 2016 | $1,067 | $234,600 | $138,300 | $96,300 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2026 06/17/26 | Price Changed | $649,000 | -3.8% | $353 / Sq Ft | |
| 04/27/2026 04/27/26 | Price Changed | $674,900 | -3.4% | $368 / Sq Ft | |
| 04/01/2026 04/01/26 | Price Changed | $699,000 | -2.8% | $381 / Sq Ft | |
| 03/02/2026 03/02/26 | Price Changed | $719,000 | -0.7% | $392 / Sq Ft | |
| 02/09/2026 02/09/26 | Price Changed | $724,000 | -2.0% | $394 / Sq Ft | |
| 02/04/2026 02/04/26 | For Sale | $739,000 | +17.3% | $403 / Sq Ft | |
| 03/08/2024 03/08/24 | Sold | $630,000 | -6.7% | $343 / Sq Ft | View Prior Sale |
| 01/26/2024 01/26/24 | Pending | -- | -- | -- | |
| 10/27/2023 10/27/23 | For Sale | $675,000 | -- | $368 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $630,000 | Universal Title | |
| Deed | $250,000 | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $598,500 | New Conventional | |
| Previous Owner | $200,000 | New Conventional |
Source: Charlottesville Area Association of REALTORS®
MLS Number: 673006
APN: 74-30-A
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Ask me questions while you tour the home.