Improved Land for Sale in Lexington, Virginia

Discover 210(+/-) acres of beautiful Rockbridge County countryside with an exceptional combination of open land, mountain views, existing infrastructure & improvements & future potential. Once operated as a working equestrian facility, the property offers a unique foundation for a variety of uses -- from a private estate or horse property to a potential business venture, agricultural operation, or thoughtfully planned residential community. The existing equestrian improvements include 22 stalls, 3 wash bays, a tack room/office, covered training area & 2 garage bays. An arena & approximately 1/2-mile breezeway track remain in place with potential to be revitalized for continued equestrian use. Recent updates include: New architectural shingle roof on barn & new center skylight on ridge (2025). Barn exterior repainted (2026). 2 homes are located on the property & are currently used as rental residences. Both homes have been well maintained with recent upgrades to the electric, appliances, fixtures and more. See documents for additional information regarding the homes. Adding to the property's versatility, a portion of the acreage along Route 60 is zoned Business, offering an unusual opportunity to explore a variety of commercial possibilities. Located right at the intersection of I-81 and Route 60 Exit 188B, the property provides excellent regional access while retaining the privacy of a large rural tract. Explore the potential for an equestrian boarding or training operation, agricultural enterprise, event or recreation venue, private compound, or potentially a thoughtfully designed residential community with shared equestrian amenities and riding trails. The acreage, existing infrastructure, location, and zoning create a rare opportunity to shape the property around your own plans. Big mountain vistas stretch across the property, creating a beautiful backdrop in every season. Conveniently located approximately 5 minutes from historic downtown Lexington, home to VMI and W&L University, and about 5 minutes from Buena Vista and Southern Virginia University. A convenient drive to Roanoke and Staunton with easy access to I-81. Nearby Blue Ridge Parkway offers endless opportunities for outdoor recreation and exploration. A property of this scale and versatility is a true market rarity. Featuring a 20-acre(+/-) business parcel perfectly positioned at the first Lexington I-81 North exit, alongside extensive residential and agricultural tracts, this 210-acre(+/-) offering delivers tremendous development potential just 5 minutes from downtown Lexington & Buena Vista, with immediate access to I-81 and Route 60.