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37016 Longmoor Farm Lane
Hillsboro, VA 20132
$2,220,000
Conventional
Property
Bedroom
7
Bathroom
7
Property Type
Conventional
Square ft
8601
Property Description
Welcome to your dream home at Longmoor Farm Estates in Purcellville, VA! Nestled on over 26 acres of picturesque countryside, this stunning custom estate offers unparalleled luxury and privacy, surrounded by high-end custom homes on large parcels. As you drive up the long circular driveway, you'll be greeted by the elegance of this stately high-end siding estate. Step through the elegant wooden stained glass front door, and prepare to be amazed by the soaring ceilings and bright floor plan that spans over 8600 square feet across three levels. From sophisticated millwork to brazilin teak hardwood flooring, every detail has been meticulously crafted to create an atmosphere of refined elegance. The family room serves as the centerpiece of the home, with a floor-to-ceiling stone wood-burning fireplace and walls of windows offering breathtaking views and abundant natural light. Work or school from home effortlessly in the sizable library/study with custom cabinetry and Comcast internet available service. Entertaining is a breeze in the gourmet kitchen, featuring top-of-the-line stainless steel appliances, generous cabinetry, and a large window overlooking the expansive 26.59-acre lot. The main level primary suite boasts a large walk-in closet and luxury bath with a jetted tub, providing a tranquil retreat after a long day. With front and rear staircases providing ease of access, friends and family will have plenty of private space in the generously sized bedrooms and baths on the upper levels, as well as a separate media room complete with high-end wood-paneled walls and surround sound. Entertaining continues in the finished lower level, featuring a billiard room, custom bar, and full kitchen with walls of windows flooding the space with natural light. An exercise room can also serve as an additional bedroom with a private bath, perfect for extended family, au pairs, or guests. However, they may prefer to stay in the attached studio apartment where you also have the option for a farm sitter. Outside, the custom landscaping adds to the allure of the property, while the 4-stall barn with a tack room and riding ring/paddock make it perfect for horse lovers. The lot is ideal for outdoor activities and potential pool installation, with 3-board blackboard fencing offering both functionality and charm. With NO HOA and Comcast high-speed internet service available, this is country living at its finest, with all the modern conveniences you could desire. Recent 2021 improvements include an 18k generator, trim paint & repair, paved driveway, new appliances, new AC units, and carpet. Don't miss your chance to make this move-in ready estate your private oasis just miles from the towns of Middleburg and Purcellville in the Loudoun County School District, zoned for Mt. View Elementary, Harmony Middle, and Woodgrove High School. Open House Saturday, March 23rd, from 1:00pm - 3:00pm. -- Come experience the lifestyle you've always dreamed of!
Property Information
Lot Size
26 acre(s) square ft
Property Type
Residential
Year Built
2007
MLS Number
VALO2065950
Location
Address
37016 LONGMOOR FARM LANE
City
HILLSBORO
State
VA
Zip Code
20132
County
LOUDOUN
Listing
Provider
Samson Properties, original listing
Name
Samson Properties
Phone
(703) 896-5869
Office Name
Samson Properties
Office Phone
(703) 378-8810
Agent Name
MICHAEL THRASH

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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.