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Off market
  • $615,100

    65 Rustic Ridge Ln, Lexington, VA 24450

    5beds
    3,369sqft
    SingleFamily
    Built in 2004
    3.62 Acres Lot
    $615,100 Zestimate®
    $183/sqft
    $5,504 Estimated rent

    Home value

    $615,100

    $572,000 - $658,000

    $5,504/mo

    Zestimate® history
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    What's special

    Priced significantly below bank appraised value. A one-of-a-kind ethereal home with stunning Blue Ridge mountain views from every room, a heated gunite swimming pool with utmost privacy and a separate 2,160 sq. ft. office building currently being used as an art studio. The home is ethereal in the truest sense of the word with regular rainbows, clouds below eye-level, grazing deer in the grassy meadows of the home and exotic singing birds that visit the birdhouses in the property from the side of the home that backs up to a wooded nature preserve, which is right next to the tranquil and extremely private swimming pool that has sweeping views of the Blue Ridge mountains along with a waterfall, a 5-person jacuzzi, hammock, apple trees, japanese maple, azaleas and a rose garden next to the basketball court. Elegant, elevated, ethereal estate on easy to maintain 3.6 acres with the ease of being 10 minutes from beautiful downtown Lexington. Stunning Blue Ridge mountain views from nearly every window of this extraordinary, custom-built home and private resort oasis in the established Rustic Ridge subdivision. Impeccable construction by noted contractor and first homeowner who is a builder. Home is located on the subdivision's best lot (first owner was a close friend and church member of the subdivision's developer). Rich hardwood trim, murals, custom built-ins, tile and wood floors throughout. This light-filled luxurious home has resort-like amenities and is perfect for entertaining with no HOA and very low taxes. On 3.6 acres of privacy, security, comfort, and easy maintenance, the home features an open kitchen & living room, a heated in-ground gunite pool (twice as expensive as a regular pool) with a vanishing-edge design and an automatic push-button pool cover, 5-person Jacuzzi hot tub, 200'' movie theater screen, basketball court, custom-design lush landscaping, huge wrap-around porch, spacious parking area, remote-controlled fireplace and thick double-insulated walls for extremely low electricity bills. Stunning eye-level Blue Ridge mountain views from this private resort oasis featuring a convertible first-floor master suite, kitchen, study, dining, and first-floor laundry room and gathering areas for easy one-level living. Upper level has 4 bedrooms including a master suite and a master bath. Fully finished walkout lower level which could stand alone as a separate living quarters has 3 huge above-grade sliding-glass doors including a great room with an impressive fireplace, a 200" movie theater, a bedroom with several above-grade huge windows with Blue Ridge mountain views, a full bathroom with a rain shower-head, heated pool, jacuzzi and a separate lower-level laundry area with washer and dryer. Property has a total of 5,527 finished sq. ft. (3,367 sq. ft. main home plus 2,160 sq. ft. detached office building). The detached 2,160 sq. ft. office building has a separate physical address (64 Rustic Ridge Lane). Remodel completed in 2014 with the construction of two separate private asphalt roads and parking areas to both the main home and the detached office building/workshop/game room/mother-in-law apartment. Prior to 2014, both the main home and the detached office building had a dirt road. Zillow estimate is incorrect because Zillow's estimate references the county's property tax records, which only has half of the property's actual square footage. This translates into lower property tax for the potential buyer. Buyer's agent will receive the standard buyer's agent realtor commission. Home is currently in the final year of a 3-year lease with one specific tenant with only two occupants and with a 60-day sale notice for this tenant to vacate in the event of a sale. Home rents well above the monthly cost of a 30-year mortgage for this home. Priced significantly below bank appraised value. Contact realtor, Lana Nicely, at 540-460-7256.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric, Gas, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Book Shelves, Storage, Breakfast Area, Walk-in Closet, Ceiling Fan, Workshop, Hot Tub
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Finished
    • Attic: Scuttle
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,369 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stone, Vinyl, Wood
    • Has spa: Yes
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 3.62 Acres
    • Topography: Rolling, Views, Open
    Details
    • Parcel number: 89356
    • Zoning: Agricultural

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Stone
    • Roof: Composition
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Existing Septic

    Community & neighborhood

    Location
    • Region: Lexington
    • Subdivision: Rustic Ridge

    Other

    Other facts
    • Porch/Deck/Patio: Porch: Front
    • Current Use: Residential
    • Best Use: Residential, Investment, Bed & Breakfast, Vacation Rental
    • Basement: Full, Heated, Interior Access, Walkout, Finished
    • Garage: Detached, Workshop, Storage
    • Attic: Scuttle
    • Floor: Carpet, Wood, Tile, Stone
    • Heat: Heat Pump(s), Liquid Propane, Zoned Heat
    • Cooling: Heat Pump Electric, Central Cooling, Zoned Cooling
    • Topography: Rolling, Views, Open
    • Appliances: As Is, Dryer, Refrigerator, Washer, Dishwasher, Microwave, Smoke Detector, Electric Range
    • Features: Fireplace, Ceiling Fan(s), Smoke Detector
    • Features: Paved Driveway, Cul-de-sac
    • Interior Features: Book Shelves, Storage, Breakfast Area, Walk-in Closet, Ceiling Fan, Workshop, Hot Tub
    • Exterior Features: Covered Porch, Deck, Patio, Paved Driveway, Garden Space, Sunrise View, Workshop, Sunset View, Hot Tub, In-Ground Pool
    • Road Frontage: Paved Road, Private Road, Joint Maint
    • Roof: Shingle
    • Fireplace: 1, Gas
    • Features: Cable Available
    • Features: Porch-Front, Porch-Side, Patio-Rear, Patio-Side, Patio-Concrete, Patio-Front, Patio-Stone, Patio-Slide
    • Plat Y/N: Yes
    • Zone: SW
    • Zip Code: 24450
    • Location: Inside Lot
    • Water: Well
    • Sewer: Existing Septic
    • Features: Cannot Subdivide
    • Features: Horses Permitted
    • Features: View - Mountains, View - Panoramic
    • Features: Workshop
    • Buildings: Workshop, Garage
    • Zoning: Agricultural
    • Exterior: Wood, Stone, Vinyl
    • Porch/Deck/Patio: Patio: Rear
    • Covenants: Shared Road Maint
    • Road Maint Agrmnt: Yes
    • Fireplace Loc: Basement, Recreation Room
    • Features: Pool-Ingrnd
    • Porch/Deck/Patio: Deck: Side
    • Property Type: A
    • Subdivision Name: Rustic Ridge
    • County: Rockbridge
    • Style: Two Story: over walk-out baseme

    Price history

    DateEventPrice
    10/23/2020Sold$468,500-6.1%$139/sqft
    Source: Rockbridge Highlands REALTORS® #134151 Report a problem
    9/15/2020Pending sale$499,000$148/sqft
    Source: Flint Realty LLC #134151 Report a problem
    7/7/2020Price change$499,000-9.1%$148/sqft
    Source: Flint Realty LLC #134151 Report a problem
    8/27/2019Price change$549,000-6.8%$163/sqft
    Source: Flint Realty LLC #134151 Report a problem
    4/11/2019Listed for sale$589,000$175/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023-- $484,700
    2022-- $484,700 +41.5%
    2021-- $342,500

    Find assessor info on the county website

    Neighborhood: 24450

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Central
    • Middle: Maury River
    • High: Rockbridge Co

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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