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Land with Home for Sale in Lexington, Virginia

50 Cabin Ln, Lexington, VA 24450

$285,000
3.3 acres
Active sale
$100k drop
Est $1,493/mo

Penney Pocket Farm -- a rare opportunity to take over a restoration in progress -- is now available ''as is'' with a HUGE price reduction. This sweet farmette, located 10 minutes from downtown Lexington, includes 3+ partially fenced acres and several antique farm buildings ready to be reimagined and reused. The 2-story, 2-bedroom farmhouse has a good metal roof, has already been completely rewired, and retains charming original features inside and outside. New kitchen partially installed; new well location approved. This property presents an amazing opportunity to create your farmhouse/homestead only 15 minutes from historic downtown Lexington, VA.

1,680
Sq feet
2
Beds
1
Full bath
1930
Built

Location

Street address
50 Cabin Ln
Zip code
24450
Community
Rockbridge
Elevation
993 feet
Coordinates
37.825, -79.4421

Directions

from downtown Lexington: US 11 (Main St/Lee Hwy) north; turn left on Furr's Mill Road; turn right on Turkey Hill Road; turn right on Cabin Lane; home is on the right with Lexington Real Estate Connection sign in yard

Property details

Acreage
3.31 acres
Zoning
Agricultural
MLS #
LBVRAR 139866
Posted

Property taxes

2026
$447

Parcels

  • 61-A-13

Legal description

Details and features

Listing

Type
Residential

Exterior

Pool
Patio
Structures
Storage, Workshop
Features
Barn, Garden Space, Storage Shed, Sunrise View

Structure

Basement
Dirt Floor, Unfinished
Cooling
None
Roof
Metal

Interior

Rooms
Basement, Bathroom, Bedroom x 2
Flooring
Wood
Features
Flue Available

Nearby schools

NameType
CentralElementary
Maury RiverMiddle
Rockbridge CoHigh

Listing history

DateEventPriceChangeSource
July 1, 2026Price drop$285,000$100,000 -26%LBVRAR
Mar 25, 2026New listing$385,000LBVRAR
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This 3.31-acre property is located at 50 Cabin Ln in Lexington, VA 24450. The property is available for sale, priced at $285,000. It has a 1,680 square foot 2-bedroom, 1-bath house built in 1930.

Listed by Lexington Real Estate Connection, (540) 463-2016

Checked 2 hours agoUpdated Source

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