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11407 Olde Stone Lane
Lovettsville, VA 20180
$2,300,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4429
Property Description
Welcome to 11407 Olde Stone Lane, where rustic elegance meets architectural excellence. This extraordinary log home, a collaborative labor of love between the owners and renowned local log home builder Ronald Hawes, in partnership with Munsey Log Homes in Tennessee, stands as a true masterpiece of craftsmanship. Crafted with precision, the Eastern white pine logs were meticulously hand-hewn and dovetailed in the timeless Appalachian style. On the outside, this is a classic log home with dry-laid stone walls bordering bountiful garden beds, while on the inside, clean and modern finishes make this home the ultimate turnkey featuring: 4 bedrooms, 4 bathrooms, an elevator, a large open kitchen, vaulted ceilings, and porches on the front and back. Nestled within the scenic Potomac Highlands, this remarkable property spans an expansive 36 acres on a bluff safely perched more than 200ft above the gentle meanders of the Potomac River. A walking trail down the bluff takes you to the property's 838ft of frontage along the picturesque river. On this property, you're surrounded by peace and quiet, and yet you're just 30 minutes from Frederick and Leesburg and 20 minutes from beautiful Harpers Ferry. If you need to commute into DC, you're 5 minutes from the Brunswick rail station, where the MARC train will take you straight to DC in 90 stress-free minutes. Not to mention, the quaint towns of Lovettsville and Brunswick are equally close at hand, full of wonderful restaurants, breweries, shops, and essentials. The property’s unique status in land use designation not only reflects its environmental stewardship but also bestows the practical advantage of reduced taxes. Of this sprawling landscape, eleven acres are thoughtfully devoted to horticulture where a tapestry of blossoms and greenery thrives. An additional three acres have been allocated to agricultural pursuits, a testament to the property's commitment to sustainable practices. Most notably, twenty-one acres stand adorned with a flourishing orchard, featuring a bountiful array of fruit trees, and a serene expanse of forestry. However, what sets this property apart is its heartwarming partnership with "A Farm Less Ordinary," a noble 501c3 non-profit organization dedicated to providing meaningful employment opportunities to adults with intellectual and developmental disabilities. Here, the land not only bears fruit but also nurtures the human spirit, fostering a sense of community, purpose, and inclusivity while tending to the earth's bounty. The organization leases part of the agricultural land on an annual basis. The property also includes many auxiliary structures that complement its working character: the big red barn includes ample storage and workspace and is adorned by solar panels that generate power for the log home. The barn was also designed with versatility in mind, as the unfinished second floor could accommodate an apartment with a walkout balcony through the hay doors. In addition, there is a 32x48ft pole barn completed in 2021 and a 20x40ft pole barn completed in 2015. A stone springhouse greets you as you wind your way onto the property, and though it looks charmingly antique, it was built in 2021 with native stone in order to encase a 1500-gallon cistern that can pump water from the dry hydrant pond. The pond, featuring a substantial 120ft dam and stretching 220ft in length, reaches depths exceeding 11ft. Serving as a picturesque and tranquil centerpiece on the property, the pond combines both practical utility and scenic beauty. 11407 Olde Stone Lane epitomizes meticulous craftsmanship, thoughtful design, and sustainable living. With its breathtaking log home, versatile barns, and location on the Potomac River, this property offers a unique and harmonious lifestyle, seamlessly marrying luxury with rustic charm. It beckons you to experience the beauty and functionality of this extraordinary estate and make it your very own piece of paradise.
Property Information
Lot Size
36 acre(s) square ft
Property Type
Residential
Year Built
2006
MLS Number
VALO2057298
Location
Address
11407 OLDE STONE LANE
City
LOVETTSVILLE
State
VA
Zip Code
20180
County
LOUDOUN
Listing
Provider
Keller Williams Realty Dulles, original listing
Name
Keller Williams Realty Dulles
Phone
(571) 313-5831
Office Name
Keller Williams Realty Dulles
Office Phone
(571) 313-5831
Agent Name
Helena Talbot

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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.