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43423 Squirrel Ridge Place
Leesburg, VA 20176
$1,325,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
5672
Property Description
OPEN HOUSE Sunday April 14th 2:00pm -4:00pm. Gracious Lansdowne Luxury. Set on a lush 1/3-acre lot in prime Lansdowne on the Potomac, this highly upgraded home promises comfort and sophistication in one of NoVA’s most celebrated communities. Contemporary-Colonial architecture blends with grand modern proportions and amenities, including multiple indoor-outdoor living spaces, en-suite bedrooms, and a private home office. As you approach the property, the three-stall garage, manicured lawns and classic red-brick hardscape beckon you to explore the home within. Step onto the expansive wraparound brick porch, where multiple seating areas with ceiling fans evoke a simpler time, inviting you to relax and enjoy the picturesque surroundings. Inside, the main level unfolds on rich hardwood floors, guiding you through graceful formal living and dining rooms, adorned with elegant crown moldings, wainscoting, and modern chandeliers. The heart of the home is the open-concept family room, sunroom, and kitchen, designed for both entertaining and everyday living. Gather around the cozy fireplace in the family room, or move into the gourmet kitchen, where high-end ugpraded Kitchenaid appliances, extensive storage, and a multi-tier island with a farm sink and breakfast bar await. The crisp white cabinetry, subway-tile backsplash, and bold, dark countertops create a stunning contrast, reminiscent of a country estate. Transition effortlessly to the eat-in sunroom, where a huge Palladian window bathes the space in natural light beneath a vaulted cathedral ceiling. Multiple access points lead to the fabulous screened deck, additional deck space, and a large flagstone patio, perfect for outdoor entertaining and relaxation. Upstairs, the palatial primary suite offers a private retreat, complete with a sitting area, dual walk-in closets, and a newly updated en suite bath featuring a decadent soaking tub and oversized shower. Four additional bedrooms, each with walk-in closets and direct bathroom access, two en suite, provide the ultimate in privacy and convenience. The walk-out lower level offers even more versatile living space, with a large recreation room, fully equipped kitchenette, full bath, bonus room, and ample unfinished space for storage or future customization. Enjoy peace of mind with owner improvements including: sprinkler system; termite warranty; new driveway, laundry tub, faucet, washer and dryer in 2021; new water heater and sump pump in 2020; updated wood floors in 2019; new HVAC to main and lower levels in 2014. Immerse yourself in the sought-after Lansdowne community, where top-notch amenities include indoor and outdoor pools, a fitness center, playgrounds, sport courts and aerobics rooms, a business center, ballroom and meeting rooms. All conveniently located near Route 7, shopping and dining at Lansdowne Town Center, the Golf Club at Lansdowne, Lansdowne Resort and Spa, hiking trails and Elizabeth Mills Riverfront Park. Experience the perfect blend of luxury, comfort, and style in this exceptional Lansdowne on the Potomac home, where every detail has been carefully crafted to create an unforgettable living experience.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2002
MLS Number
VALO2066066
Location
Address
43423 SQUIRREL RIDGE PLACE
City
LEESBURG
State
VA
Zip Code
20176
County
LOUDOUN
Listing
Provider
Keller Williams Leesburg, original listing
Name
Keller Williams Leesburg
Phone
(703) 669-0099
Office Name
Keller Williams Realty
Office Phone
(703) 669-0099
Agent Name
Jean Garrell

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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.