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40174 Monroe Valley Place
Aldie, VA 20105
Bill Davis with CENTURY 21 New Millennium, original listing - (703) 818-0111
$3,200,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 2
Property Type
Conventional
Square ft
4273 Square Feet
Property Description
Nestled within the prestigious gated community of Creighton Farms awaits a masterpiece in the making – a to-be-built luxury custom home crafted by the esteemed Joy Design + Build. Set against the backdrop of the illustrious Jack Nicklaus golf course, this residence promises a lifestyle of opulence and sophistication. A creation of architectural prowess by James McDonald Architects, this three-level haven spans 4,273 square feet of meticulously planned and thoughtfully designed living space on the top two levels of the home. This exquisite design captures Transitional perfection with luxurious finishes and abundant natural light streaming through floor-to-ceiling windows, spanning the entire length of the home. Renowned luxury builder Joy Custom Design + Build will bring this vision to life in the prestigious Creighton Farms Country Club community. Upon arrival, a charming covered front porch welcomes you into a grand two-story foyer. Adjacent to the entrance is the sophisticated formal dining room, complete with a beautiful wine cooler and wet bar. The open-concept great room seamlessly flows into the gourmet chef's kitchen, featuring double islands and serving as the heart of the home. This inviting space is ideal for entertaining both indoors and outdoors, with the great room effortlessly extending to the covered veranda. The main level also includes a home office, a convenient family foyer with a drop zone, and two powder rooms. Upstairs, the owner’s suite offers his and hers walk-in closets and a luxurious owner’s bath with double vanities, a deep soaking tub, and a spa-like walk-in shower. Three additional bedrooms, each with its own en suite bath and walk-in closet, are also located on this level, along with a conveniently situated laundry and sorting room. The unfinished lower level opens onto a ground-level patio, with the option to finish it to include a rec room with a wet bar, a powder room, an exercise room, a guest suite, and a full bathroom, all while allowing for ample storage space. Take advantage of the opportunity to be part of the selection process and customize elements of the home to suit your unique tastes and desires. Welcome to a lifestyle defined by elegance, comfort, and the artistry of bespoke living. *** Creighton Farms, one of the most exclusive private club communities in greater Washington DC, offers unparalleled resort-style amenities. The crown jewel of the community is the 18-hole Jack Nicklaus championship golf course. Indulge in state-of-the-art golf facilities, heated indoor bays, Har-Tru and USTA hard-surface tennis courts, fitness and wellness facilities, a resort-style pool, and an elegant Club House offering both indoor and al-fresco dining. Overnight club rooms are available for members and guests, along with a Board Room, Library, and Golf Shop, among other luxuries. Please note that access to certain amenities depicted in the listing and photos is exclusive to Creighton Farms Golf and Country Club memberships, separate from the HOA dues, with access determined by the chosen membership level. *Please note that house plans are subject to approval by the CF ARB. ***
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2024
MLS Number
--
Location
Address
40174 MONROE VALLEY PLACE
City
ALDIE
State
VA
Zip Code
20105
County
LOUDOUN
Listing
Provider
CENTURY 21 New Millennium, original listing
Name
Phone
(703) 818-0111
Office Name
Office Phone
(703) 818-0111
Agent Name
Bill Davis
Agency Phone
(703) 818-0111

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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.