$235,500
$14K PRICE DROP

1202 S Lee Hwy Lexington, VA 24450

Estimated payment $1,299/month

Total Views 8,089
2 Beds
1 Bath
696 Sq Ft
$338 Price per Sq Ft

Highlights

  • 2.02 Acre Lot
  • Main Floor Primary Bedroom
  • Cottage
  • Wood Flooring
  • No HOA
  • Covered Patio or Porch

About This Home

Charming Retreat Just Minutes from Downtown Lexington! Nestled among the trees with peaceful rolling views, this cozy 2-bedroom, 1-bath home offers the perfect blend of charm, comfort, and convenience. Whether you're looking for a full-time residence, weekend escape, or proven short-term rental, this property delivers. Inside, you'll find a bright and inviting living space. The home has been thoughtfully updated with a new roof, new siding, and new windows, giving it a fresh feel while maintaining its character. Enjoy the flexibility this property offers. With a strong track record as a successful vacation rental, this home is ready for its next chapter.

Listing Agent

Kimberly Hostetter

Listed on: 07/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1952

Lot Details

  • 2.02 Acre Lot
  • Property fronts a state road
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned Agricultural

Parking

  • No Garage

Home Design

  • Cottage
  • Concrete Block With Brick
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 696 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Pull Down Stairs to Attic
  • Electric Range
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Central Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Flood Zone Lot
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 75 A 9C

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1952

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, Rt 11 S approx. 1.6 miles; house on left.
  • HistoricProperty: No
  • Listing Member Name: Kimberly Hostetter
  • Listing Office Short Id: EXP
  • Open House Office I D: 20231009152950238699000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Subdivision Yn: No
  • TotalFinSFApx: 696.00
  • Year Built: 1952
  • Taxes Dollars: 544.00
  • TotalAcresApx: 2.02
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • Type of Construction: Concrete Block
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Unfinished, Walkout
  • Full Bathrooms: 1.00
  • Updated Floor: Vinyl, Wood
  • Roof Other: New 2025
  • Appliances: As Is, Dryer, Electric Range, Refrigerator, Washer
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Exterior: Block, Vinyl
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Lee
  • Surface Water: None
  • Tax Rate: .61
  • Flood Zone: NE
  • Topography: Open, Pasture, Rolling, Views
  • Exterior Features: Covered Porch, Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Zoning: Agricultural
  • Best Use: Investment, Residential, Vacation Rental
  • Current Use: Investment, Residential, Vacation Rental

Tax Info

  • Tax Map Number: 75 A 9C
  • Tax Year: 2025

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $543 $89,000 $47,500 $41,500
2023 $543 $89,000 $47,500 $41,500
2022 $514 $69,500 $37,500 $32,000
2021 $514 $69,500 $37,500 $32,000
2020 $514 $69,500 $37,500 $32,000
2019 $507 $69,500 $37,500 $32,000
2018 $487 $69,500 $37,500 $32,000
2017 $487 $69,500 $37,500 $32,000
2016 $632 $86,000 $47,500 $38,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 Price Changed $235,500 -3.9% $338 / Sq Ft
08/16/2025 08/16/25 Price Changed $245,000 -1.6% $352 / Sq Ft
07/24/2025 07/24/25 For Sale $249,000 -- $358 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Source: Rockbridge Highlands REALTORS®

MLS Number: 139428

APN: 75-A-9C