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16512 Gaines Road
Broad Run, VA 20137
$1,650,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
7993
Property Description
Discover the epitome of luxury living combined with eco-conscious design in this expansive single-family home nestled on five peaceful acres surrounded by woodlands. This exquisite 4 bedroom, 4.5 bath custom home delivers over 7,900 square feet of living space, has been beautifully designed and is graced by an abundance of light and striking design features that truly put it in a class of its own! The beauty begins outside with a winding paved and circular driveway, a stately all brick exterior with a new roof, 2-car side-loading garage, meticulously landscaping and gardens, a gardener’s shed, invisible fence, private balcony, flagstone patio, and a shimmering 17,000 gallon in-ground pool with pool house. Fine craftsmanship continues inside with a soft designer color palette, decorative moldings, high ceilings, marble, and hardwood floors, 2 fireplaces, custom built-ins, dual staircases, and an abundance of windows. A gourmet kitchen, spectacular sunroom, and luxurious owner’s suite create instant appeal. ****** A testament to modern living this home is fully equipped with solar panels that are fully paid for, making the home achieve a Net Zero status on the grid, allowing for significant energy savings, and the inclusion of a Tesla & Smart Meter further enhances the home's efficiency and control over energy usage. Recognizing the importance of reliable internet, every room in this home boasts an exceptional internet connection, making it perfect for professionals working from home or anyone in need of high-speed internet. ****** A grand two story foyer with gleaming marble flooring welcomes you home. To the right the formal living room features floor-to-ceiling windows that stream natural light illuminating rich hardwood flooring and warm neutral paint with crisp crown molding. Marble flooring flows into the banquet-sized dining room accented with a tray ceiling and a glass shaded chandelier. The gourmet kitchen is sure to please the sophisticated chef with gleaming granite countertops, upgraded 42” custom cabinetry, and quality appliances including a glass cooktop and double wall ovens. A center island provides an additional working surface and bar-style seating, as designer tile backsplashes and recessed lighting add the finishing touch. Enjoy daily dining in the adjoining breakfast area, gather in the sunroom, or step outside French doors to the custom flagstone patio and sparkling in-ground pool with vibrant landscaping and wooded acres beyond—truly a private paradise for entertaining, nature watching, and simple relaxation! Back inside, the family room harbors custom built-ins, and a cozy gas fireplace. Here, glass paned doors open to the stunning conservatory with walls of windows, a pub style wet bar, and French doors to the patio and pool. A library, powder room, rear staircase, and laundry room compliment the main level. ****** Ascend the stairs overlooking the foyer below and onward in the gracious owner’s suite that boasts plush carpeting, custom accent lighting, two huge walk-in closets with organizers, a romantic fireplace, and a private balcony overlooking the pool, the ideal retreat for relaxing at the end of the day. The luxurious en suite bath offers the finest in personal pampering with a granite topped dual sink vanity, freestanding soaking tub, and a frameless glass ultra-shower—all accented with designer marble flooring. Down the hall, a junior suite enjoys a private bath, and two additional bright and spacious bedrooms share a well-appointed Jack and Jill bath. ****** The walkout lower level features a spacious multipurpose recreation room with separate areas for games, media, and relaxation, while a 4th full bath adds convenience. For the ultimate in versatility, three bonus rooms can serve as a home office, exercise room, guest bedroom, while a built-in sauna completes the comfort and luxury of this wonderful home.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
2004
MLS Number
VAPW2068724
Location
Address
16512 GAINES ROAD
City
BROAD RUN
State
VA
Zip Code
20137
County
FAUQUIER
Listing
Provider
Keller Williams Realty, Chantilly Ventures, LLC, original listing
Name
Keller Williams Realty, Chantilly Ventures, LLC
Phone
(703) 815-5700
Office Name
Keller Williams Chantilly Ventures
Office Phone
(703) 815-5700
Agent Name
Jennifer Young

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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.