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21051 St Louis Road
Middleburg, VA 20117
$3,495,000
Conventional
Property
Bedroom
5
Bathroom
8
Property Type
Conventional
Square ft
8442
Property Description
Welcome to Belvedere, where luxury meets tranquility in the heart of the Middleburg Hunt countryside, overlooking the majestic Blue Ridge Mountains. This magnificent gated estate sprawls across 27 acres of ultra-private oasis, offering unparalleled privacy and breathtaking views. Nestled atop a hill, the grand colonial main home spans over 9000 square feet of meticulously finished space, showcasing timeless elegance and exquisite craftsmanship. Designed by James MacDonald of the esteemed Lessard Group and constructed by University Homes, this home has garnered accolades for its impeccable architecture and construction, including awards from Home and Design magazine. As you enter through the new stone pillars flanking the sweeping paved driveway, lined with black fencing, you're greeted by the splendor of this estate. Extensive renovations have recently transformed every corner, with fresh paint adorning both the interior and exterior, and newly refinished Brazilian cherry hardwood floors adding a touch of warmth to the main level. The gourmet chef's kitchen is a masterpiece, boasting Cambria quartz countertops, new tile backsplash, and top-of-the-line Wolf appliances. The spacious great room and dining area overlook the expansive backyard, perfect for entertaining or simply enjoying the serene surroundings. Upstairs, the luxurious Owner's Suite has been completely remodeled to perfection, offering a sanctuary of comfort and style. Step onto the idyllic screened porch to savor panoramic views of the manicured backyard with mature landscaping and a charming pergola. For guests seeking privacy, the attached carriage house provides a retreat of its own, complete with a full kitchen, living area, and bedroom suite. With a covered breezeway connecting to the main house, convenience meets elegance in every detail. Outside, the property has been meticulously landscaped, with newly added perimeter fencing and cross-fencing enclosing the lush pastures. A front patio, built in 2022, offers a serene spot to soak in the surroundings. Despite its secluded location, Belvedere is just minutes away from the charming downtown of Middleburg, offering a wealth of shops, restaurants, and cultural attractions. Whether you are unwinding in the comfort of your luxurious home or exploring the beauty of the surrounding countryside, this estate is truly designed for those who demand the very best in life.
Property Information
Lot Size
27 acre(s) square ft
Property Type
Residential
Year Built
2004
MLS Number
VALO2065390
Location
Address
21051 ST LOUIS ROAD
City
MIDDLEBURG
State
VA
Zip Code
20117
County
LOUDOUN
Listing
Provider
Middleburg Real Estate, LLC, original listing
Name
Middleburg Real Estate, LLC
Phone
(540) 687-6321
Office Name
Middleburg Real Estate
Office Phone
(540) 687-6321
Agent Name
Scott Buzzelli

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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.