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1460 Pitcock Lane
Winchester, VA 22602
$1,399,999
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4949
Property Description
Welcome to your secluded retreat nestled amidst towering trees and gorgeous landscape. This remarkable log cabin was moved to its current location circa 1960 and a three story addition was built in 1994 which seamlessly blends rustic charm with modern comfort. Step inside to discover the inviting warmth of the main cabin, where exposed wooden beams and a cozy fireplace create an ambiance of rustic elegance. The spacious living area beckons you to unwind with loved ones. The well-appointed kitchen awaits your culinary adventures featuring exquisite solid cherry cabinets that exude timeless elegance and offer ample storage space for all your kitchen essentials. Sleek quartz countertops adorn the expansive workspace providing beauty and durability. The induction cooktop offers precision temperature control as you whip up meals for family and friends. The Sunroom is a serene retreat that allows you to bring the outdoors in all year long. The extensive windows showcase the outside beauty from every angle. The Sunroom has been thoughtfully crafted to offer the luxury of radiant heat floors ensuring comfort and coziness on the chilly days; a beautiful wood ceiling to make the room feel warm and inviting from top to bottom; wired surround sound for your favorite shows and it's even complete with its own heating and cooling unit. Curl up and read a book, sit back and relax while watching the wildlife play outside or enjoy your favorite program. Embrace serenity of nature without sacrificing comfort or style. Step into the lower level of this enchanting log cabin retreat and discover a warm, cozy oasis that exudes comfort and charm. The inviting ambiance is immediately apparent as you enter the spacious basement. This level features a thoughtfully designed mudroom, providing convenient space to shed outer layers and muddy boots before entering the main living area. Ample storage space ensures that outdoor gear and seasonal items are neatly organized and easily accessible. In addition to the welcoming mudroom, the basement also houses a mechanical room, where the inner workings of the home are expertly maintained. This well-appointed space offers convenience and peace of mind, ensuring the home operates smoothly and efficiently. Ascend the stairs to the third level, where the master suite awaits, offering a peaceful sanctuary complete with breathtaking views and a private ensuite bath. Two additional bedrooms provide ample space for family and guests, each exuding its own unique charm. Outside, immerse yourself in the beauty of nature as you explore the sprawling grounds encompassing this enchanting property. Whether you're relaxing on the spacious deck or working in the flower beds, the serene surroundings provide the perfect backdrop for unforgettable moments. Venture over and check out the exterior wood stove that serves as the robust heating source in the cold winter months. Conveniently located just minutes from Routes 37 and 50, this exceptional log cabin retreat offers the perfect blend of tranquility and convenience. Don't miss your chance to experience the magic of country living at its finest. The listing includes the sale of three lots totaling 28 +/- acres. Tax IDs: 61-A-70 6.15 Acres; 61-A-63 10.50 Acres and 61-A-65 11.00 Acres with Residence.
Property Information
Lot Size
11 acre(s) square ft
Property Type
Residential
Year Built
1900
MLS Number
VAFV2018620
Location
Address
1460 PITCOCK LANE
City
WINCHESTER
State
VA
Zip Code
22602
County
FREDERICK
Listing
Provider
MarketPlace Realty LLC, original listing
Name
MarketPlace Realty LLC
Phone
(540) 450-2747
Office Name
MarketPlace REALTY
Office Phone
(540) 450-2747
Agent Name
Kim Hurst

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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.