5 months on rocket

225 Cherry Ridge Ln, Lexington, VA, 24450

$2,395,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
4,498 SqFt
$532/SqFt
House

Location

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225 Cherry Ridge Ln, Lexington$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2023
HeatingCentral
CoolingENERGY STAR Qualified Equipment, Central Air
BasementYes
MLS #653474
Lot Size3.96 Acres
StatusActive
(ACTIVE)

About 225 Cherry Ridge Ln

Experience unparalleled living in this breathtaking Lexington, Virginia estate, perched atop a ridge with panoramic views of the Blue Ridge Mountains and the city of Lexington. This 4,980 sq. ft., 4-bedroom, 4.5-bath home exudes luxury with custom design features, including a grand 9-foot pivot door, floating staircase, 7-inch oak hardwood floors, and cedar ceilings. The gourmet kitchen boasts GE Caf� appliances, quartzite countertops, and a coffee bar. The primary suite features a balcony with stunning views, complemented by three additional spacious bedrooms and four and a half luxurious bathrooms. Each floor offers entertaining spaces and expansive decks. The home comes fully furnished and includes a gym, sauna, loft area for stargazing, and an outdoor kitchen with a pizza oven, fire pit, and 10-person hot tub. The saltwater infinity pool with a swim-up bar enhances outdoor relaxation. Enjoy maintenance-free living with custom cladding, Trex decking, and pre-wiring for a Generac generator. Don?t miss this rare opportunity to own a piece of paradise in Lexington, VA.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Stories: 3
  • Living Area: 4,498 SqFt

Listing Office:

  • Office Name: FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
  • Office Phone: (434) 296-0134
  • Listing Agent: MO COVINGTON

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot: Cleared, Landscaped, Mountainous, Open Lot, Wooded
  • Lot Size: 3.96 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: ENERGY STAR Qualified Equipment, Central Air

Other

Directions Information:

  • Directions: From Charlottesville take I64 west to exit 195 onto US 11, Turn left onto US11 North toward Staunton, Turn Left onto N. Lee Hwy, turn tight onto Timber ridge, Turn right onto Mountain view rd, Turn left onto cherry ridge ln, Destination is on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000
  • Price Per SqFt: $532/SqFt
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Housing Market Comparison

See how this home compares to others in Lexington, VA.

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Lexington, VA

City

Med. List Price

$455K

Med. Price/SqFt

$184

Avg. Days On Market

241

225 Cherry Ridge Ln vs Lexington

167 DAYS ON ROCKET

-74 Days

$2,395,000

+$1.9M More

$532/SqFt

+$348 More

KEY TAKEAWAY

This property is $1.9M more than the Median List Price and $348/SqFt more than other homes in Lexington, VA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #653474

Listing Office:

  • Office Name: FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
  • Office Phone: (434) 296-0134
  • Listing Agent: MO COVINGTON

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-278244
4
/10

  • Mountain View Elementary School

  • 20 Burger Cir

  • 2.29 miles

  • Public District Grades PK-5

school-card-donut-278245
5
/10

  • Central Elementary School

  • 85 Central Rd

  • 3.74 miles

  • Public District Grades PK-5

school-card-donut-278246
7
/10

  • Harrington Waddell Elementary School

  • 100 Pendleton Pl

  • 4.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,372. Most Lexington, VA residents have annual incomes less than $35k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 225 Cherry Ridge Ln

What is the listing price of this property?

The listing price of 225 Cherry Ridge Ln property is $2,395,000.

What type of property is this?

The property 225 Cherry Ridge Ln is a house located in Lexington, Virginia, 24450.

Is this property for sale now?

Active Listing: 225 Cherry Ridge Ln is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 225 Cherry Ridge Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 225 Cherry Ridge Ln is 4,498 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 225 Cherry Ridge Ln is 2023.

Rocket Homes›Virginia›Lexington›24450›225 Cherry Ridge Ln

This home is located at 225 Cherry Ridge Ln in Lexington, VA and zip code 24450. This 4,498 square foot home, which was built in 2023, sits on a 3.96 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $2,395,000.

Between September 2024 and October 2024, Lexington, VA real estate market has seen increase in the number of listings by 50%. While the average time on the market in October 2024 was 241 days, the median list price was $455,000.

From Rocket Homes Real Estate and based on county public records data.

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