Land with Home for Sale in Lexington, Virginia

Penney Pocket Farm -- a rare opportunity to take over a restoration in progress -- is listed at the ''upon completion'' price of $385,000; but owner is willing to part with it now, for the ''as is'' price of $265,000! This sweet farmette, located 10 minutes from downtown Lexington, includes 3+ partially fenced acres and several antique farm buildings ready to be reimagined. The 2-story, 2-bedroom farmhouse has a good metal roof, has already been completely rewired, and retains charming original features inside and outside. Planned upgrades include installation of a new well; all-new plumbing, electrical, and HVAC systems and fixtures; installation of 2 full bathrooms and a custom eat-in kitchen; new appliances; and restored finishes with authentic vintage character. Bring your imagination!