For Sale21d on marketHistoric · 96 yrs
50 Cabin Ln
Lexington, VA, 24450 • 24450 • Rockbridge County
$385,000
$229/sqft
Down payment assistance available
2Beds
1Baths
1,680Sqft
3.3 acLot
1930Built
Property DNA
Sunrise View Views
Sunrise View
Character Home
Built 1930 · 96 years of history
Outdoor Living
Enclosed
Special Features
Barn(s) · Storage Shed
Wood Floors
Quality flooring throughout
This home is getting attention
Listed 21 days ago · 1,075 views · 24 saves
Market activity
Demand and pricing signals for this listing
1,075 views
People checking out this listing
24 saves
Buyers have saved this home
21 days on market
Recently listed
$229/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 30% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1930 · Historic
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!
Standout features identified
Our analysis highlights good metal roof, several antique farm buildings, and completely rewired as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,394/month
Principal & Interest$1,881
Property Tax$385
Insurance$128
Down payment20% ($77,000)
3%50%
Est. 6.17% rate · 30yr fixed · $308,000 loan
Full calculator →At a glance
Key facts and listing details
TypeFarm
Year Built1930
HeatingNone
CoolingNone
ParkingNo Data
Lot3.31 Acres
Days on Zillow21 Days
Price/sqft$229
Property
Home typeSingle Family
Sub-typeFarm
Year built1930
Systems
HeatingNone
CoolingNone
Water / SewerExisting Septic
Parking & Outdoor
BasementCellar,Dirt Floor,Unfinished
FencingPartial,Woven
Lot3.31 Acres
Location & Tax
Neighborhood24450
ZoningAgricultural
Annual tax$447
Parcel61A13
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Flue Available
Appliances
None
Flooring
Wood
Heating
None
Cooling
None
Exterior Features
Exterior
Garden Space
Patio & Porch
Enclosed
Community
None
Views
Sunrise View
Other Structures
Barn(s)
Storage Shed
Room details
9 rooms detailed
Bedroom1
Second14×14 ft196 sqft
Bedroom2
Second14×14 ft196 sqft
Full Bathroom
First8×7 ft56 sqft
Full Bathroom
Second8×7 ft56 sqft
Family Room
First28×9 ft252 sqft
Foyer
First20×7 ft140 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market21
Est. value$375,900
Est. rent$1,263/mo
Tax rate0.60%
Price/sqft$229
On marketMar 24, 2026
PostedMar 24, 2026
Last sold$85,000
MLS updatedMar 24, 2026
Tour days9
Views1,075
Favorites24
How are the schools in Lexington?
3 schools rated nearby
Location
Lexington, VA, 24450
Price history
10 events
DateEventPrice$/sqftSource
Mar 24, 2026Listed For Sale$385,000$229Rockbridge Highlands REALTORS®
Jul 16, 2025Sold$85,000$51Public Record
May 29, 2025Pending Sale$100,000$60Rockbridge Highlands REALTORS®
Apr 2, 2025Listed For Sale$100,000$60Rockbridge Highlands REALTORS®
Mar 26, 2025Listing Removed$110,000$65Rockbridge Highlands REALTORS®
Mar 17, 2025Price Change$110,000$65Rockbridge Highlands REALTORS®
Feb 14, 2025Listed For Sale$119,000$71Rockbridge Highlands REALTORS®
Jan 27, 2025Pending Sale$119,000$71Rockbridge Highlands REALTORS®
Sep 30, 2024Listed For Sale$119,000$71Rockbridge Highlands REALTORS®
May 27, 2022Sold$40,000$24Public Record
Listed For Sale$385,000
Mar 24, 2026•$229/sqft•Rockbridge Highlands REALTORS®
Sold$85,000
Jul 16, 2025•$51/sqft•Public Record
Pending Sale$100,000
May 29, 2025•$60/sqft•Rockbridge Highlands REALTORS®
Listed For Sale$100,000
Apr 2, 2025•$60/sqft•Rockbridge Highlands REALTORS®
Listing Removed$110,000
Mar 26, 2025•$65/sqft•Rockbridge Highlands REALTORS®
Price Change$110,000
Mar 17, 2025•$65/sqft•Rockbridge Highlands REALTORS®
Listed For Sale$119,000
Feb 14, 2025•$71/sqft•Rockbridge Highlands REALTORS®
Pending Sale$119,000
Jan 27, 2025•$71/sqft•Rockbridge Highlands REALTORS®
Listed For Sale$119,000
Sep 30, 2024•$71/sqft•Rockbridge Highlands REALTORS®
Sold$40,000
May 27, 2022•$24/sqft•Public Record
Tax history
12 years of records
YearTax paidAssessed value
Apr 15, 2024$426$69,900
Apr 15, 2023—$69,900
Apr 15, 2022—$69,900
Apr 15, 2021—$45,300
Apr 15, 2020—$45,300
Apr 15, 2018—$45,300
Apr 15, 2017$550$45,300
Apr 15, 2016$550$74,800
Apr 15, 2015——
Apr 15, 2014——
Apr 15, 2013——
Apr 15, 2010——
Nearby homes
Neighborhood details
Local context around this listing
Lexington, VA • Rockbridge County
Nearby cities
Lexington
Nearby zip codes
24450
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