The Bright MLS main photo is an artistic rendition of the Proposed New Roof and Resurfaced Driveway to be installed before Settlement. The Proposed New Roof will have a New Certainteed “Max Def Moire Black” Architectural Tab Shingle which offers a 50-Year Warranty (see documents section for the Proposed New Certainteed Roof Shingle Sample and the Certainteed Roof Shingle Warranty documentation). VA ASSUMPTION Veterans with Full VA Eligibility and Substitution can Assume a VA Loan with an approximate $1,700,000.00 Remaining Balance and approximately 27 years remaining on this assumable VA loan at 2.75 percent with an estimated 3.25 percent Annual Rate of Return (APR) with 20 percent down and a Seller-Held Second Trust for $460,000.00 at 7 percent interest only for 5 years with an estimated APR of 7.3 percent with no prepayment penalty.
Reyle & Company performed an independent appraisal of the property, and the appraised value came in at $2,700,000. It is also available for your review in Documents. This Home has over 41 Acres and is 1 of 9 Homes in Paeonian Springs with 40 acres or more. Built in 1999, more than 50 percent of Paeonian Springs Homes were built from 1990 to now. In Paeonian Springs in 2024, 3 Homes with 20 acres or more respectfully sold for $2,750,000.00 (29 acres), $3,300,000.00 (31 acres), and $3,600,000.00 (50 acres). 2 of these 3 sales were in Beacon Hills, which is especially beautiful year-round with magnificent foliage and are equally impressive real estate investments. It appears that Very Large Acreage Homes in Paeonian Springs are ascendant. Beacon Hills Development with No Homeowners Association! WOW! only 39 Paeonian Springs homes have 10 Acres or More, 36 of these 39 homes are in Beacon Hills. There are no others!
Paeonian Springs’s impressive sales prices referenced above demonstrate strong demand. Paeonian Springs has fewer than 300 homes. These homes’ sales scarcity and solid demand are financially very appealing. This Property’s Beacon Hills Location also offers the Best of Both Worlds: Nature’s Unparalleled Beauty Year-Round and Simultaneously Proximity to Shopping Centers, Restaurants, Antiques, Shops, Delivery, etc., of Leesburg, One of Northern Virginia’s Largest Cities. There is a Shooting Range, a Creek, 4 Wells, Wildlife, and an ATV access path to help you enjoy accessing all this towering treelined private estate. Mark Twain said, “Buy land; they’re not making it anymore.” Paeonian Springs, VA, is a remarkable illustration of Twain’s tongue-in-cheek statement. In 2024, in Northern Virginia, homes built from 1980 to the present with more than 40 acres sold from $2,710,000.00 to $3,600,000.00. This data indicates that the demand for Large Acreage Estates near the Nation’s Capital is an excellent investment. This spectacular Three Level, All Brick Colonial, Custom-Built Home with a Beautiful Pool offers you Five Gorgeous Bedrooms and Five Full Bathrooms and Two Half Bathrooms on the most private tree-lined 41 Acres in Beacon Hill in Paeonian Springs, Virginia. Opportunities like this are rarely available. This Dream Home Boasts Over 4,800 Square Feet of Finished Living on the Upper Two Levels. Over 2,400 square feet on the lower level, with a fully finished walk-out Basement, Sauna, and plenty of sunshine streaming into the home throughout. The total Square Footage is approximately more than 7000 square feet of luxury waiting for you to call Home. This Impressive Luxurious home was Built in 1999 celebrating the twenty-first century in style. The upgrades are numerous, with over $100,000 in Eco-Friendly and High-End Upgrades from flooring to appliances, all listed in the Documents section entitled “Renovations and Upgrades Summary.” The home is palatial, so treat yourself now to the lavishness you love.