NicholePowell

75 Margarets Ln, Lexington, VA 24450

$699,000
  • 75 Margarets Ln, Lexington, VA 24450 Main Photo

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Active
BEDS4 BATHS2 full SQUARE FEET1,836 MLS#924493
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

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.

75 Margarets Ln | MLS# 924493

This single family home located at 75 Margarets Ln, Lexington, VA 24450 is currently listed for sale with an asking price of $699,000. This property was built in 1900 and has 4 bedrooms and 2 full baths with 1836 sq. ft. Search Lexington real estate on www.nicholeatthelake.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Air
Fenced: Yes
Heating: Gas - Propane, Heat Pump Electric
Home Style: 2 Story
Lot Size: 16.13 Acres
Stories: 2.0
Taxes: $2,189
Year Built: 1900

Amenities

Bookcases
Storage
Walk-In Closet(s)
Barn(s)
Deck
Fenced Yard
Shed(s)

Feature Descriptions

Appliances: Dishwasher, Range Electric, Refrigerator
Days on Site: 68
Energy Feature(s): Active Solar Heat
Exterior: Vinyl, Wood
Exterior Door(s): Insulated Storm
Floor: Carpet, Laminate, Wood
Lot: Views
Lot Dimensions: 16.13 acre(s)
Miscellaneous Features: Private Road
Outbuilding(s): Yes
Parking: Primary Covered: Garage Detached
Porch: Covered Porch
Sewer: Private Septic
Special View Info: Mountain(s), Sunrise, Sunset
Water: Private Well
Window: Insulated

Listed By / Shown By

Listed By

Agency Name: LEXINGTON REAL ESTATE CONNECTION
Agency Phone: (540) 463-2016

Shown By

Agent Name: Nichole Powell
Agent Phone: (540) 588-5400
Agency Title: MKB, REALTORS

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Estimated Payment

$ 1,941.96 per month $1,555.67 Principal & Interest $182.42 Property Tax $203.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/15/2026. The listing information on this page last changed on 04/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/15/2026 11:46:34 AM EST) or Roanoke Valley MLs (last updated Wed 04/15/2026 11:44:56 AM EST). Real estate listings held by brokerage firms other than MKB, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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