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15967 Wenner Farm Lane
Purcellville, VA 20132
$2,200,000
Conventional
Property
Bedroom
7
Bathroom
10
Property Type
Conventional
Square ft
9878
Property Description
EXQUISITE CUSTOM FARMHOUSE ESTATE! Nestled on a breathtaking 11.1-acre parcel in the elegant neighborhood of Catoctin Creeks, this charming home boasts unparalleled luxury and panoramic mountain vistas from every window! With nearly 10,000 square feet of versatile living space, this masterfully crafted farmhouse exudes elegance and quiet comfort. Upon arrival, a sweeping long driveway leads to this well-designed home, where a stately Hardiplank exterior, dual front porches, and a meticulously designed 4-car side load attached garage with an accompanying apartment exudes timeless charm and elegance. The gorgeous interior is warm and inviting and features beautiful hardwood floors, tasteful paint decor, upgraded trim work, and designer lighting fixtures. The main level offers a private office with built-ins, a separate dining room ideal for entertaining, and a grand two-story family room with a gas fireplace. The heart of the home, the gourmet kitchen, is a chef's dream, featuring handsome white cabinetry, commercial-grade appliances, and an expansive island. The adjacent breakfast room boasts vaulted ceilings and breathtaking views. Wake up to picture perfect rolling hill views every morning from the main level owner's suite which features a newly renovated luxurious bath with separate shower and tub, a walk-in closet as well as access to the rear patio, the perfect spot to enjoy a cup of coffee. In 2010, a significant addition transformed this home, introducing a cozy hearth room and an expansive 26' x 40' living area. With its dramatic ceilings, abundant natural light, built-in bookcases, and loft space, this addition offers endless possibilities for versatile living arrangements. Upstairs, discover four generous secondary bedrooms and three full baths, as well as a fourth level loft with a large bedroom suite and a full bath. The walk-out lower level boasts a bright and spacious recreation room, ideal for entertaining, along with a custom theater room, convenient kitchenette, full bath and ample space for storage. Additionally, a private office/bonus room with a full bath and separate entry from the main floor provide flexibility and convenience. This home offers every modern convenience, including an energy-efficient 4-unit geothermal heating system and a whole-house generator for peace of mind. Outside, the meticulously landscaped exterior provides the ultimate retreat, featuring a stunning pool, expansive screened porch, beautifully designed paver patio with pergola, fire pit, and a vegetable/herb garden with raised beds creating a serene oasis for relaxation and entertainment. Whether you're working from home, pursuing hobbies, or caring for animals, this property caters to your diverse interests. The inclusion of a spacious red barn/work building with heat & A/C, complete with a separate driveway, enhances the property's versatility, offering ample space for both professional and/or leisure pursuits. Impeccably maintained and thoughtfully designed, this idyllic retreat in Purcellville offers privacy, elegance, and acres of breathtaking hillside views. Close to major routes for commuting and adventure, this is the epitome of refined country living. Property is in land use - Seller is not responsible for any roll back taxes. SELLER PREFERS COMMUNITY TITLE.
Property Information
Lot Size
11 acre(s) square ft
Property Type
Residential
Year Built
1999
MLS Number
VALO2066512
Location
Address
15967 WENNER FARM LANE
City
PURCELLVILLE
State
VA
Zip Code
20132
County
LOUDOUN
Listing
Provider
REAL BROKER LLC, original listing
Name
REAL BROKER LLC
Phone
(202) 335-7325
Office Name
Real Broker, LLC
Office Phone
(855) 450-0442
Agent Name
Vicky Noufal

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.