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1960 Great Mountain Lane
Winchester, VA 22602
Melissa Crider with Sager Real Estate, original listing - (540) 465-3771
$1,350,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3
Property Type
Conventional
Square ft
2434 Square Feet
Property Description
Nestled atop the Great North Mountain, this mountaintop retreat offers unparalleled, breathtaking panoramic views. Truly a rare combination of privacy, seclusion, and stunning natural beauty perfect for those seeking a true connection with nature. Situated just west of Stephens City, it is bordered by Short Mountain to the south and Eagle Rock to the north, providing unmatched views of the surrounding mountains and valleys. This fully wooded estate extends to the summit of North Mountain, offering end-of-the-road privacy, private access to the Tuscarora Trail, and endless opportunities for hiking, horseback riding, camping, and outdoor recreation. The properties trails are fully accessible and run along the entire length, allowing for uninterrupted exploration and hunting. The spacious lodge boasts nearly 2,500 square feet of living space, including three bedrooms, three full bathrooms, and an unfinished walk-out basement that is fully plumbed for a 4th bathroom. At the heart of the home, the great room features cathedral ceilings, a woodstove, and a loft overlooking the space below. The expansive kitchen, complete with an island, opens to a sunroom equipped with a wood burning fireplace, perfect for entertaining or enjoying quiet mornings in nature. The property also includes a 20 ft x 40 ft pole barn, providing ample storage for gear and equipment. Residents of this gated community enjoy secure access via Great Mountain Lane, requiring a 4-wheel or all-wheel drive vehicle to reach the property. The western boundary of the estate is marked by the Virginia-West Virginia state line, and the land is rich with wildlife, including deer, turkey, and bear. A small mountain stream flows through the property, adding charm to the landscape. Short-term rentals are allowed, presenting an excellent investment opportunity. Additionally, the property can be subdivided into 20-acre lots, offering future development potential. Furniture and household items are conveyed with the sale of this property. Zoned RA and enrolled in the county’s Forestry Land Use program, this property is ideal for those seeking both a private retreat and a sustainable investment. Despite its secluded location, it is only a short drive from Winchester's amenities and attractions, as well as the nearby Capon Springs Resort. Equipped with Starlink Internet, the property combines the best of remote living with modern convenience. This is not just a home—it's an escape from the hustle and bustle of everyday life. Whether you’re looking for a weekend retreat, a full-time residence, or a place to reconnect with nature, this mountaintop property offers the perfect blend of seclusion and modern comforts. *An extensive list of personal property is also available for purchase; contact the agents for details
Property Information
Lot Size
96 acre(s) square ft
Property Type
Residential-Cabin
Year Built
2001
MLS Number
--
Location
Address
1960 GREAT MOUNTAIN LANE
City
WINCHESTER
State
VA
Zip Code
22602
County
FREDERICK
Listing
Name
Phone
(540) 465-3771
Office Name
Office Phone
(540) 465-3771
Agent Name
Melissa Crider
Agency Phone
(540) 465-3771

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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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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.