40 Monte Carlo Dr

Lexington, VA
$ 755,000 Beds 3 Baths 3 Sq 2,895
Monthly Estimate* How much can I afford?

Designed by architect Lee Merrill, this distinctive home is set on 5.76 private acres across two contiguous parcels with direct access to the Maury River, offering a rare combination of architectural character, mountain views, and privacy just minutes from downtown Lexington. Positioned to capture the surrounding landscape, the home offers approximately 2,895 square feet with three bedrooms, three full bathrooms, soaring ceilings, maple hardwood floors, expansive windows, and handcrafted architectural details throughout. The open living area is anchored by a Scandinavian wood stove and flows seamlessly to an expansive screened porch where mountain views create the perfect backdrop for morning coffee, outdoor dining, or quiet evenings. The primary suite features beautiful views along with a Japanese soaking tub and walk-in tile shower. Outside, landscaped grounds, patios, and walking paths create inviting spaces to relax, while a path leads to the Maury River for kayaking, fishing, or simply enjoying the peaceful waterfront. A property of this caliber, combining exceptional architecture, direct river access, and an unmatched natural setting, is a rare opportunity in the Shenandoah Valley.

Single Family

  • Price
  • $ 755,000
  • City
  • Lexington
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • Rockbridge
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 5.76 Acres
  • Zip
  • 24450
  • Sqr Footage
  • 2,895
  • Year Built
  • 2010
  • Taxes
  • $ 3271
  • Style
  • MLS#
  • 679753
Listed By: eXp Realty LLC
Data Source: Charlottesville MLS (CAARMLS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Harrisonburg, VA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Central (Lexington) Elementary School
Middle School Maury River Middle School
High School Rockbridge High School

Price History

7/21/2026 Listed $755,000

Property vs Zip Code Average in 24450

Price
AVG $610K
$760K
Taxes
AVG $2,439
$3,271
Year Built
AVG 1967
2010

Areas That We Cover

40 Monte Carlo Dr Lexington, VA is a Single Family Home for sale at $755000 with 2895 sqft and a lot size of 5.76 Acres Acre(s). 40 Monte Carlo Dr Lexington has 3 bedrooms, 3 baths and was built in 2010. The property's zip code is 24450 which is in Lexington, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.