301 Forge Rd, Lexington, VA 24450
PENDING
1.3 ACRES

301 Forge Rd
Lexington, VA 24450

  • 2 Beds
  • 1 Bath
  • 832 sqft (on 1.30 acres)

$199,900

$199,900

2 Beds
1 Bath
832 sqft
(on 1.30 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Two Homes for sale great rental opportunity for investors. 8 Paxton needs work both homes share well, septic and double car garage. 301 Forge is currently rented with a lease in place With the shared septic this will need to be a in house loan with 20 percent down or a cash buyer

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$240
Listed
180+ days ago

Home Details for 301 Forge Rd

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 4
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 832 Square Feet
Appliances & Utilities
Appliances: Electric
Heating & Cooling
Heating: OilHas CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Oil
Windows, Doors, Floors & Walls
Flooring: Vinyl, Wood
Levels, Entrance, & Accessibility
Floors: Vinyl, Wood

Exterior Features

Exterior Home Features
Roof: ShingleFencing: None
Water & Sewer
Sewer: Engineered Septic

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Asbestos
Property Information
Usage of Home: InvestmentParcel Number: 89 A 32D

Price & Status

Price
List Price: $199,900Price Per Sqft: $240
Status Change & Dates
Off Market Date: Wed Mar 11 2026

Active Status

MLS Status: Pending

Location

Direction & Address
City: Lexington
School Information
Elementary School: CentralJr High / Middle School: Maury RiverHigh School: Parry McCluer

Agent Information

Listing Agent
Listing ID: 139506

Building

Building Area
Building Area: 832 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.3 Acres

Miscellaneous

Mls Number: 139506
Last check for updates: about 2 hours ago
Listing courtesy of Michelle Wheeler, (540) 261-8667
Wheeler & Associates Realty
Source: Rockbridge Highlands REALTORS®, MLS#139506

Market trends in Lexington

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
68
7
MoM

Price History for 301 Forge Rd

DatePriceEventSource
03/12/2026$199,900PendingRockbridge Highlands REALTORS® #139506
01/07/2026$199,900PriceChange
Rockbridge Highlands REALTORS® #139506
08/28/2025$225,000Listed For SaleRockbridge Highlands REALTORS® #139506
02/23/2021ListingRemovedRockbridge Highlands REALTORS®
11/11/2020$159,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$1,255
Assessment$205,700
Home facts updated by county records

Comparable Sales for 301 Forge Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$575,000
07/24/25
3
2
2,552
0.34
Single-Family Home
$380,000
07/17/25
3
2.5
3,112
1.42
Single-Family Home
$198,000
02/21/26
2
1
752
0.65
Single-Family Home
$470,000
06/25/25
4
2.5
3,590
0.89
Single-Family Home
$420,000
05/04/26
3
3
1,568
1.52
Single-Family Home
$55,000
05/20/26
2
1
724
1.37
Single-Family Home
$185,000
08/12/25
3
1
1,144
1.54
Single-Family Home
$153,000
10/31/25
2
1
1,064

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 301 Forge Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lexington

At least 37 Trulia users voted on each feature.
  • 83 % Say people would walk alone at night

  • 82 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 80 % Say there's wildlife

  • 79 % Say yards are well-kept

  • 74 % Say car is needed

  • 72 % Say parking is easy

  • 70 % Say it's quiet

  • 61 % Say kids play outside

  • 60 % Say it's walkable to restaurants

  • 52 % Say neighbors are friendly

  • 44 % Say streets are well-lit

  • 44 % Say they plan to stay for at least 5 years

  • 37 % Say there are sidewalks

  • 36 % Say it's walkable to grocery stores

  • 36 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Hardfarter
    "Its an up and coming neighborhood with lots of rehabs. Neighbors keep to themselves but are nice. Lots of seasonal rentals too. Mostly for the events at the colleges "
  • WillSalerno
    "Lexington is an island. But it’s a bit of a magical place.my family has lived here for over 4 generations "
  • Bryce P.
    "You don’t see a lot of dogs downtown on Main Street but see dogs on walks and in parks all the time. Lots of hiking nearby, including the Appalachian Trail and Chessy Trail"
  • Jessica D.
    "It is a safe happy hallmark like neighborhood for all to enjoy. This is a truly beautiful place to live and our kids love romping around. "
  • Deb J.
    "Dogs are poplar in Lexington. People bring their dogs to outdoor public events as well as walk them through common neighborhood. "
  • blf411
    "Wonderful retirement location. The two universities (W&L and VMI) add to the uniqueness of Lexington. Young singles may find it boring but Roanoke and Harrisonburg are not far away. Lots of volunteer opportunities for retirees."

LGBTQ Local Legal Protections

Michelle Wheeler, Wheeler & Associates Realty
Agent Phone: (540) 261-8667
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Rockbridge Highland Realtors. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright© 2026 Rockbridge Highland Realtors. All rights reserved.
301 Forge Rd, Lexington, VA 24450 is a 2 bedroom, 1 bathroom, 832 sqft single-family home built in 1962. This property is currently available for sale and was listed by Rockbridge Highlands REALTORS® on Aug 28, 2025. The MLS # for this home is MLS# 139506.