Category Archives: Location

405 cornwallis ave, Locust Grove VA 22508

405 Cornwallis Ave, Locust Grove, Virginia 22508 Offered For Sale at $295,000!

Welcome to 405 Cornwallis Avenue, a fabulous home with an equally fabulous location, just a short walk to the beach!! You’ll fall in love with this move-in-ready quintessential lake home full of charm that offers living areas on two levels and boasts an almost half-acre private, level lot situated on a quiet street with main lake views. The stunning hardscape beacons you in! Mornings will be welcomed as you start your day sipping your morning brew on the deck nestled in the trees. The open floor plan, awesome mid-century cone fireplace, family room, kitchen, full bath, and owner’s suite on the upper level will wow you. Two additional bedrooms, a second family room, and a full bath on the main level provide so much more space! You’ll be able to enjoy it all immediately, as there is brand-new carpet, and the roof and insulation were replaced in 2020. The HVAC is newer, and the hot water heater is only 2 years old! The abundant parking area and shed are fantastic bonuses.

So let’s get this lake life started Located in a private, gated, community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550-acre main lake and a 35-acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the Clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from the mid-$100,000 to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

205 commerce st, occoquan va 22125

205 Commerce St, Occoquan Virginia 22125 For Sale at $699,900!

Welcome to 205 Commerce Street, where the history of 1920 blends with the updates of today. What a rare and wonderful opportunity to own this beautifully restored home that is also zoned for commercial use. You will fall in love from the moment you arrive. Located in the heart of Beautiful Historic Occoquan, this home is an American Folk/Foursquare style. Commuting is a breeze, home is only one minute from I-95 and seconds from Route 123 and close to VRE train and commuter lots. You are just steps away from shopping, restaurants, museums and all that the town has to offer and just one block from the Occoquan River and River Mill Park. The main level features beautiful wood floors, a large living room with a brick fireplace, a separate formal dining room, and a beautifully updated kitchen. You will love relaxing on the spacious screened-in front porch. Upstairs, you will find the primary bedroom with a huge walk-in closet and attached bathroom, as well as two other bedrooms and a hall bath with a jetted tub. The basement has a finished bonus room, workshop, closets and plenty of unfinished storage space. The one-car garage and lovely backyard back to Poplar Alley.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

17071 Waine Dr, Orange VA 22906 for sale

17071 Waine St, Orange, VA now UNDER CONTRACT!

Welcome to 17071 Waine Drive! Imagine sitting on your front porch swing watching the skydivers floating down gracefully with your favorite beverage. Once inside, you are welcomed by gleaming hardwood floors, elegantly painted and space to roam. The open floor plan boasts a family room with a gas fireplace, fine finishes and built-in bookshelf. The main level living areas flow effortlessly, into one another, it is perfect for entertaining or daily life. The dining room is full of natural light and perfectly sized with access to the deck. Enjoy cooking in your kitchen featuring upgraded appliances, breakfast bar, and recessed lighting. Your owner’s suite is spacious and offers an en-suite bath with soaking tub and double vanity. The lower level will excite with a work-out room that will make exercising at home a breeze or watch the latest movie in your own home theater room, this home has it all. You will love watching the deer and other wildlife from your deck as you relax and hear nature sing. A country setting, so close to town and perfectly situated on over 3 acres, you can forget about all of your worries. There is plenty of room for your horse and room to create your own oasis away from it all yet so close to everything!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

10201 n hampton, fredericksburg virginia 22408

10201 N. Hampton Ln, Fredericksburg, VA 22408 now UNDER CONTRACT!

Welcome to 10201 N Hampton Lane! You will be wow’d from the moment you pull up! So much curb appeal and beautiful gardens and hardscapes. Once inside, you are welcomed by beautiful flooring, soaring ceilings and pride of ownership. That’s only the beginning…your gourmet kitchen has everything you could want, upgrades include gorgeous cabinetry, stainless steel appliances and will make cooking and entertaining a breeze. The family room will delight with soaring ceilings, skylights, and a gas fireplace for those cold winter nights. Elegant and spacious describe the owner’s suite with fine finishes, cathedral ceilings and an en-suite bathroom with an oversized beautifully tiled shower, refined vanity, and full of natural light. Three more bedrooms and another full bath complete the upper level. As incredible as the inside is, the trend continues to the private, landscaped backyard oasis. Enjoy entertaining family and friends on your gorgeous maintenance-free deck overlooking trees, lush yard, and flower gardens!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

downtown orange, virginia

Downtown Orange County Street Festival, Saturday, September 11, 2021

This year’s 46th Orange County’s Street Festival will be in honor and remembrance of September 11, 2011, with the theme of HONOR OUR HEROES hosted by the Orange County Chamber of Commerce.

This year’s annual beloved community event will take place from 9AM to 4PM on Saturday, September 11th, and typically features over 200 artisans, craft and commercial vendors, a variety of food and beverage options, live music, a kid’s zone, and a beer and wine garden for the adults. Check out a list of all the vendors already scheduled to be at the event here.

This family-friendly festival attracts an average of 5,000+ people from all over Central Virginia each year and is a great opportunity for community awareness and promotion. This event is completely free to attend, grab the kids and friends as this will be fun for all!

If you’re interested in participating as a vendor, please apply here.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

3 Charts That Show This Isn’t a Housing Bubble

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans.

Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006 (869). Today, the index stands at 130. As an example of the difference between today and 2006, let’s look at the volume of mortgages that originated when a buyer had less than a 620 credit score.

Dr. Frank Nothaft, Chief Economist for CoreLogic, reiterates this point:

“There are marked differences in today’s run up in prices compared to 2005, which was a bubble fueled by risky loans and lenient underwriting. Today, loans with high-risk features are absent and mortgage underwriting is prudent.”

2. Homeowners aren’t using their homes as ATMs this time.

During the housing bubble, as prices skyrocketed, people were refinancing their homes and pulling out large sums of cash. As prices began to fall, that caused many to spiral into a negative equity situation (where their mortgage was higher than the value of the house).

Today, homeowners are letting their equity build. Tappable equity is the amount available for homeowners to access before hitting a maximum 80% combined loan-to-value ratio (thus still leaving them with at least 20% equity). In 2006, that number was $4.6 billion. Today, that number stands at over $8 billion.

Yet, the percentage of cash-out refinances (where the homeowner takes out at least 5% more than their original mortgage amount) is half of what it was in 2006.

3. This time, it’s simply a matter of supply and demand.

FOMO (the Fear Of Missing Out) dominated the housing market leading up to the 2006 housing bubble and drove up buyer demand. Back then, housing supply more than kept up as many homeowners put their houses on the market, as evidenced by the over seven months’ supply of existing housing inventory available for sale in 2006. Today, that number is barely two months.

Builders also overbuilt during the bubble but pulled back significantly over the next decade. Sam Khater, VP and Chief Economist, Economic & Housing Research at Freddie Macexplains that pullback is the major factor in the lack of available inventory today:

“The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes.”

Here’s a chart that quantifies Khater’s remarks:

Today, there are simply not enough homes to keep up with current demand.

Bottom Line

This market is nothing like the run-up to 2006. Bill McBride, the author of the prestigious Calculated Risk blog, predicted the last housing bubble and crash. This is what he has to say about today’s housing market:

“It’s not clear at all to me that things are going to slow down significantly in the near future. In 2005, I had a strong sense that the hot market would turn and that, when it turned, things would get very ugly. Today, I don’t have that sense at all, because all of the fundamentals are there. Demand will be high for a while because Millennials need houses. Prices will keep rising for a while because inventory is so low.”

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Blooms and Butterflies at Liberty Mills Farm

July 23 through July 25th, Liberty Mills Farm is hosting a Blooms and Butterflies event! Friday, July 23rd & Saturday, July 24th from 10AM – 3PM. Sunday, July 25th from 11AM – 3PM.

The featured butterflies species showcased are Painted Ladies. They are ordered and delivered to the farm from a small butterfly farm in Massachusetts called Butterflies and Blueberries. Did you know, they are the most widely distributed butterfly in the world? Painted Lady adult butterflies can cover up to 100 miles per day and reach speeds of nearly 30 miles per hour! Butterflies will be available to purchase to release yourself for $10 per butterfly.

Additional activities will include you-pick flowers (the pre-sale price of $25 each), giant zinnias, cosmos, music, a hayride, a farm market, and so much more!

Don’t fear going hungry on Saturday and Sunday, the Firefly on the Fly food truck will be at the farm to support all hungry bellies.

Tickets for this event will be $8 per adult and $6 per child. No tickets are needed for children ages 4 and under. Tickets and additional information about this event can be found here.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

lake of the woods virginia water sports

Lake of the Woods SmileS Adaptive Carnival 2021 is Back!

The Lake of the Woods Adaptive Watersports Foundation is back and ready to host the SmileS Adaptive Carnival!

This Carnival brings water sports to people with disabilities of all ages and walks of life, as well as their families. The Carnival is held in honor of 2 highly honored women who left this world too young. What sports will be featured? There will be adaptive waterskiing, tubing, pontoon rides, kayaking, paddleboarding, and additional fun outdoor games! This year, LOW is partnering with Therapeutic Adventures – IndependencePlus Adaptive Sports to bring adaptive paddling!

This event is to take place on Sunday, August 1st at 9AM at the Lake of the Woods Clubhouse Point (102 Lake of the Woods Way, Locust Grove, VA 22508).

What a great day in the community to bring your friends and family to participate or cheer on! All attendees MUST pre-register, and they will NOT allow registration/sign-up at the door. All activities are FREE. Pre-register here.

Note: all activities are open to participants and their friends and families, however, participates will have priority for adaptive water skiing. For more information, visit here!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

sunflowers

Sunflower Festival at Liberty Mills Farm!

Check out the beautiful Sunflower Festival by Liberty Mills Farm and Firefly on the Fly Food Truck. There will be multiple opportunities to attend the festival starting August 28th, August 29th, Sept 4th, 5th, and 6th during various times.

There will be 30 different varieties of sunflowers available for your viewing pleasure. Over 5 acres of flowers showing off an array of colors, sizes, and even shapes, making this the perfect place to create your own beautiful bouquet to take home. This festival will also feature local vendors, food trucks, homemade ice cream (yum!) fresh-made fudge, and music. Bring all the kids, family, and friends for a fun time, relaxing in the country!

The current music lineup consists of Austin Boggs & Billy Caldwell.

Address for Liberty Mills Farm is 9166 Liberty Mills Rd, Somerset, Virginia 22972

Tickets are only $10 (ages 11+) and $6 (ages 5-10) per person/child. Presale tickets begin on August 14th! Buy your tickets before August 20th online and save $2 per ticket! There is a *Special Golden Hour* from 6pm – 8pm where tickets are available for $15 each but MUST be purchased in advance! Tickets are limited per day, so be sure to buy yours sooner rather than later, and can be purchased online here or at the farm on the day of the event (if available!).

Please note: no pets, smoking, or alcohol are allowed on the farm!

For the most up-to-date information, please click here.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

open house general

Lake of the Woods Open Houses Saturday, July 17th from 1pm – 3pm! Check them out!

Learn more about 421 Harrison, here and learn more about 107 Fairway Drive, here!

See you Saturday!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.