My wife and I spent two nights at the Magnolia House Inn while attending a wedding in town. The inn was comfortable, but not fabulous. Wes, the inn host, was very nice and attentive to our needs. It seems that the owners do not run the inn on a day-to-day basis.
We were in the Sunshine room. It was very comfortable and well maintained. Overall, the house is rather dark and has a cluttered feel. It is located in easy walking distance to the center of town and Washington and Lee University. Our fellow guests were all visiting Washington and Lee.
Sitdown breakfast was at 9:00, prepared by Wes. It was very good and offered a good opportunity to speak to the other guests.
Although the Magnolia House Inn was good, if I were to return to Lexington, I would probably investigate other B&Bs in the area.