This Home has over 41 Acres and is 1 of 9 Homes in Paeonian Springs with 40 acres or more. Built in 1999, more than 50 percent of Paeonian Springs Homes were built from 1990 to now. In Paeonian Springs, thus far in 2024, 3 Homes with 20 acres or more respectfully sold for $2,750,000.00 (29 acres), $3,300,000.00 (31 acres), and $3,600,000.00 (50 acres). 2 of these 3 sales were in Beacon Hillâs Very Large Acreage Estate Homes. Large Acreage Homes in Paeonian Springs are beautiful year-round, especially with the multi-colored autumn foliage, and are equally impressive real estate investments. It appears that Very Large Acreage Home sales in Paeonian Springs are ascendant. The Potential of This Estate with Acreage Like This is Big! This Large Acreage Estate is also in The Legendary Beacon Hill Development but with No Homeowner Association! Only 39 Very Large Acreage Estates (10 Acres or More) exist in Paeonian Springs. 36 of these 39 Large Acreage Estates are in Beacon Hills, and all these 36 Large Acreage Estates in Beacon Hills are only in Paeonian Springs. There are no others! Harold Samuel, a British real estate mogul, is often credited with coining the phrase, âThere are three things that matter in property: location, location, location!â Investopedia defines "Scarcity" as "Scarcity occurring when demand for a good or service is greater than availability." Paeonian Springs's impressive sales prices referenced above demonstrate strong demand. Paeonian Springs has fewer than 300 homes. Paeonian Springs homes' sales scarcity and solid demand are financially very appealing. This Property's Beacon Hill Location also offers the Best of Both Worlds: Nature's Unparalleled Beauty Year-Round and Simultaneously Proximity to Shopping Centers, Restaurants, Antiques, Shops, Delivery, etc., of Leesburg, One of Northern Virginia's Largest Cities. There is a Shooting Range, a Creek, 4 Wells, Wildlife, and an ATV access path to help you enjoy accessing all this towering treelined private estate. This Home also has a Fully Assumable, approximately $1,725,000.00 VA Mortgage Loan Balance with a 2.75 percent fixed interest rate for those who qualify. Full VA Eligibility Substitution is required to Assume this VA (Veterans Administration) Mortgage Loan. Please view the Additional Property Information by clicking the Bright MLS Listing "Documents" Section. Mark Twain said, âBuy land; they're not making it anymore.â Paeonian Springs, VA, is a remarkable illustration of Twainâs tongue-in-cheek statement. In 2024, in Northern Virginia, homes built from 1980 to the present with more than 40 acres sold from $2,710,000.00 to $3,600,000.00. This data indicates that the demand for Large Acreage Estates near the Nationâs Capital is an excellent investment. This spectacular Three Level, Brick Colonial, Custom-Built Home with a Beautiful Pool offers you Five Gorgeous Bedrooms and Five Full Bathrooms and Two Half Bathrooms on the most private tree-lined 41 Acres in Beacon Hill in Paeonian Springs, Virginia. Opportunities like this are rarely available. This Dream Home Boasts Over 4,800 Square Feet of Finished Living on the Upper Two Levels. Over 2,400 square feet on the lower level, with a fully finished walk-out Basement and plenty of sunshine streaming into the home throughout, the total Square Footage is approximately more than 7000 square feet of luxury waiting for you to call Home. This Impressive Luxurious home was Built in 1999, so you can celebrate living the twenty-first-century lifestyle in style. The upgrades are numerous, with over $100,000 in Eco-Friendly and High-End Upgrades from flooring to appliances, all listed in the Documents section entitled âRenovations and Upgrades Summary.â The home is palatial, so treat yourself now to the lavishness you love.
Fantastic opportunity to own a completely renovated home with an accessory dwelling for potential office or in-law suite. The open floor plan has a completely new kitchen with stainless appliances and is open to the living room. The powder room is new. The bedroom has a full bath and closet. All the floors are a new laminate, and the windows have been replaced. The roof was replaced on both the main house and the accessory dwelling. The well pump was completely replaced, plus a new well filtration system was added. Additionally, all the electrical wiring and plumbing systems were upgraded and updated to meet current code requirements. New HVAC mini-split systems were installed in both dwellings. The accessory dwelling, which has its own separate address, is perfect as an office space allowing a future owner to use the space for business purposes or rent it out as office space to generate income. Or it could be used as an in-law suite. It is finished with a full bath and studio space, closet and room for kitchenette. Beyond the renovations, the property is in a fantastic location in Paeonian Springsâjust minutes from Downtown Leesburg, Route 7, and the Toll Road, and within walking distance to the W&OD Trail. Plus, with no HOA and situated on two lots totaling approximately .33 acres, this property offers a unique combination of features. 40397 Charles Town Pike, Paeonian Springs 20129 is the physical address of the house (what the county has on file for tax records/tax bill). 39846 Catoctin Ridge St, Paeonian Springs 20129 is the address for the mailbox and accessory dwelling (and is what the USPS uses to deliver mail).
The median home value in Paeonian Springs, VA is $650,000. This is lower than the county median home value of $707,500. The national median home value is $338,100. The average price of homes sold in Paeonian Springs, VA is $650,000. Approximately 60.06% of Paeonian Springs homes are owned, compared to 7.99% rented, while 31.95% are vacant. Paeonian Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Paeonian Springs real estate agent to arrange a tour today!
Paeonian Springs, Virginia has a population of 654. Paeonian Springs is less family-centric than the surrounding county with 13.56% of the households containing married families with children. The county average for households married with children is 50.75%.
The median household income in Paeonian Springs, Virginia is $250,001. The median household income for the surrounding county is $156,821 compared to the national median of $69,021. The median age of people living in Paeonian Springs is 54.7 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 42 inches per year, with 19.9 inches of snow per year.