Tucked into a private hillside setting with direct access to the Maury River, this architecturally distinctive Lee Merrill-designed residence offers a rare fusion of contemporary design and natural beauty across 5.76 acres, including two contiguous tax parcels. Designed with intention and artistic detail throughout, the home opens to warm, inviting living spaces with tall ceilings, maple hardwood flooring, and carefully framed sightlines to the surrounding mountains and river valley. Expansive windows bring the outdoors in, creating a seamless connection to nature in every season. Unique architectural elements and handcrafted details create visual interest throughout, reflecting the creativity and craftsmanship. The interior offers approximately 2,895 square feet, three bedrooms, three bathrooms, and multiple gathering spaces. At the heart of the home, the open kitchen and living areas flow comfortably for both everyday living and gathering, anchored by a distinctive Scandinavian wood stove that adds warmth and character. The primary suite offers a spa-inspired retreat featuring a Japanese soaking tub with mountain view and walk-in tile shower, creating a peaceful environment designed for relaxation and renewal.
Outdoor living is equally compelling, with a screened porch positioned to enjoy mountain air and seasonal river views, along with multiple outdoor spaces designed to take advantage of the private natural setting. The additional parcel provides expanded privacy and flexibility, while direct access to the Maury River offers opportunities for recreation, reflection, and connection to the surrounding landscape.
Ideal for buyers seeking a distinctive architectural retreat that prioritizes privacy, natural beauty, and intentional design. The home appeals to those who value craftsmanship, simplicity, and spaces that feel both calming and inspiring. Whether used as a full-time residence or weekend escape, the direct river access, mountain views, and close proximity to downtown Lexington make this a unique opportunity not to be overlooked.
For sale
$795,000
40 Monte Carlo Ln, Lexington, VA 24450
3beds
2,895sqft
Est.:
Single Family Residence
Built in 2010
5.76 Acres Lot
$758,600 Zestimate®
$275/sqft
$-- HOA
What's special
- 16 days |
- 2,502 |
- 170 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kimberly Hostetter 540-460-9182,
eXp Realty LLC
Source: Rockbridge Highlands REALTORS®,MLS#: 139930
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Second
- Area: 429.63 Square Feet
- Dimensions: 25.11 x 17.11
Bedroom 1
- Level: First
- Area: 171.36 Square Feet
- Dimensions: 11.9 x 14.4
Bedroom 3
- Level: Basement
- Area: 120.24 Square Feet
- Dimensions: 10.19 x 11.8
Bedroom 4
- Level: Basement
- Area: 162.06 Square Feet
- Dimensions: 11.1 x 14.6
Full bathroom
- Level: First
- Area: 96.3 Square Feet
- Dimensions: 10.7 x 9
Full bathroom
- Level: Second
- Area: 101.9 Square Feet
- Dimensions: 10.19 x 10
Full bathroom
- Level: Basement
- Area: 101.48 Square Feet
- Dimensions: 11.8 x 8.6
Bonus room
- Level: Second
- Area: 97.44 Square Feet
- Dimensions: 11.6 x 8.4
Dining area
- Level: First
- Area: 120.24 Square Feet
- Dimensions: 10.19 x 11.8
Family room
- Level: Basement
- Area: 830.37 Square Feet
- Dimensions: 31.1 x 26.7
Foyer
- Level: First
- Area: 82.71 Square Feet
- Dimensions: 9 x 9.19
Kitchen
- Level: First
- Area: 359.31 Square Feet
- Dimensions: 17.11 x 21
Laundry
- Level: First
- Area: 43.31 Square Feet
- Dimensions: 6.1 x 7.1
Living room
- Level: First
- Area: 243.66 Square Feet
- Dimensions: 13.1 x 18.6
Other
- Description: WIC
- Level: Second
- Area: 122 Square Feet
- Dimensions: 12.2 x 10
Screened porch
- Level: First
- Area: 361.1 Square Feet
- Dimensions: 15.7 x 23
Utility room
- Level: Basement
- Area: 113.28 Square Feet
- Dimensions: 9.6 x 11.8
Heating
- Heat Pump, Zoned
Cooling
- Central Air, Heat Pump Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Range, Electric
Features
- Ceiling Fan(s), Breakfast Area, Storage, Walk-In Closet(s), Workshop
- Flooring: Tile, Wood, Luxury Vinyl
- Windows: Skylight(s)
- Basement: Finished,Walk-Out Access
Interior area
- Total structure area: 2,895
- Total interior livable area: 2,895 sqft
Property
Features
- Patio & porch: Covered Porch, Screened Porch
- Exterior features: Garden Space
- Fencing: None
- Has view: Yes
- View description: Sunrise View
- Waterfront features: River Front
- Frontage type: River
Lot
- Size: 5.76 Acres
- Topography: Sloping/Wooded
Details
- Additional structures: Storage Shed
- Parcel number: #89362 & #89364
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: The Riviera
HOA
- Has HOA: Yes
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $511,200
- Annual tax amount: $3,271
- Date on market: 4/19/2026
Estimated market value
$758,600
$721,000 - $797,000
$2,920/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2026 | Listed for sale | $795,000$275/sqft |
Source:  Rockbridge Highlands REALTORS® #139930 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,118 | $511,200 |
| 2023 | -- | $511,200 |
| 2022 | -- | $511,200 +18.9% |
| 2021 | -- | $430,000 |
| 2020 | -- | $430,000 |
| 2018 | -- | $430,000 |
| 2017 | $2,789 | $430,000 +13.3% |
| 2016 | $2,789 | $379,400 |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$4,255/mo
Principal & interest
$3857
Property taxes
$398
More affordability tools
Climate risks
Neighborhood: 24450
Nearby schools
GreatSchools rating
- 6/10Mountain View Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 5/10Maury River Middle SchoolGrades: 6-8Distance: 4 mi
- 5/10Rockbridge County High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Mountain View
- Middle: Maury River
- High: Rockbridge Co
Source: Rockbridge Highlands REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Rockbridge County
- Lexington
- 24450
- 40 Monte Carlo Ln
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