Category Archives: Price

Explore 126 Washington Street: Offered at $474,900

Welcome to this stunning, ranch-style home with an ideal split-bedroom floor plan. This residence features 3 bedrooms and 2 baths, providing both privacy and functionality, as well as a large lot, lovely curb appeal, and a front porch. Adjacent to the primary suite, discover a versatile upstairs bonus room, ideal for use as an office, additional bedroom, or whatever best suits your needs. Enjoy the warmth and ambiance of the gas fireplace in the living room, creating an inviting atmosphere that permeates throughout the main living space. The main level has beautiful hardwood floors and a large open kitchen. A huge unfinished basement with outside access and rough-ins for a full bath offers ample potential for expansion or customization, while a 2-car garage provides convenient parking and storage solutions. Step outside to the screened porch or onto the newly constructed expansive back deck, perfect for outdoor gatherings or peaceful moments of relaxation. This well-maintained, one-owner home is poised and ready to welcome its new owner, offering comfort, versatility, and endless possibilities. Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle. Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a captivating tour of Lake of the Woods, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Woods!

A Haven of Comfort and Charm:12195 Montford Road Offered at $399,900

Welcome to an enchanting retreat! Set on nearly 3 acres of picturesque land, this captivating home offers over 2000 sqft of sheer comfort and charm. Step inside and be embraced by the inviting ambiance that welcomes you into each room of this delightful sanctuary. Let’s start with the heart of the home – the living room, where a crackling wood-burning fireplace invites you to cozy up on chilly evenings, creating memories with loved ones that will last a lifetime. Adjacent to the living room, you’ll find a sunroom bathed in sunlight, providing the perfect spot to unwind with a good book or enjoy your morning coffee. Next, the formal dining room beckons, offering an elegant space for hosting dinner parties and intimate gatherings. From here, step into the eat-in kitchen, where ample cabinets and granite countertops combine functionality with style, making meal preparation a joyous affair. As we venture down the hall, discover three spacious bedrooms, each offering its own unique charm and tranquility. These bedrooms aren’t just places to rest your head – they’re havens of relaxation, where you can sink into luxurious bedding and drift off into a peaceful slumber. And let’s not forget about the potential for epic slumber parties, where laughter fills the air and memories are made that will last a lifetime. But the magic doesn’t end there. Descend into the full basement, a versatile space awaiting your personal touch to transform it into the ultimate entertainment hub or additional living quarters. Outside, the enchantment continues with a patio and expansive deck, offering the perfect setting for outdoor gatherings or simply soaking in the serene surroundings. With nearly 3 acres of open land, there’s plenty of space for gardening, outdoor activities, and endless adventures. And don’t overlook the detached garage, providing ample storage for all your outdoor gear and vehicles. This home isn’t just a place to live – it’s a haven where memories are made, laughter fills the air, and dreams become reality. Come experience the warmth and charm of this wonderful retreat and make it yours today!

In January, 15 homes were SOLD in Lake of the Woods.

0 sold below $250,000.00

0 sold between $250,000-299,999;

6 sold between $300,000-349,999;

 2 sold between $350,000-399,999;

5 sold between $400,000-499,999;

2 sold between $500,000-$999,999;

0 sold above $1,000,000

21 Active/Coming Soon Listings for Sale

17 Homes Under Contract

15 Homes Sold from January 1, 2024, to January 31, 2024. 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, β€œWhat 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 contacting Pat Licata.

The LOWdown on Real Estate at the Lake 2023

The continued inventory shortage experienced by most regions of the country was clearly evident in Lake of the Woods again in 2023. This inventory shortage, along with rising interest rates and inflation concerns beginning in the second half of 2022, definitely defined the 2023 real estate market. Closed sales decreased approximately 19% from 271 to 220. New construction accounted for 24 of the 220 sales, and the median sold price increased 6.8% year over year from $375,950 to $401,500 in 2023.

Now let’s look at the past five years:

In 2019, 301 homes sold, which was a 28.63% increase over 2018, and the median sales price rose to $270,000. In 2020, we realized a 4% gain in home sales over 2019, with a total of 313 sales. 2021 showed a gain in sales at 358, and the median sold price increased almost 16% to $337,500, up from $291,250 in 2020. And then came the mixed bag 2022 market: closed sales fell by more than 24%, while the median sold price rose by 11.39%. 2023 also showed an almost 19% decline in closed sales at 220, yet the median sold price continued to rise, ending the year at $401,500, a 6.8% increase over 2022.

Average days on the market (DOM), the number of days it takes from the time a property is listed until it goes under contract had steadily decreased from 57 in 2019 to 16 in 2021…yet in 2022, it rose to 23, showing more evidence of a changing market. 2023 showed another rise to 32.

It’s also telling to note that a significant number of lots have sold in the past five years. From January 1, 2019, through December 31, 2023, a total of 140 lots were sold: 41 in 2019; 49 in 2020; 24 in 2021; and only 13 in both 2022 and 2023. There simply are very few lots left in LOW.

Of the MLS sales reported in 2019-2023, new construction numbers have varied. 2019 realized 31; 2020 sales jumped to 41; 2021 ended at 37; and 2022 saw new construction sales dip to only 13 and rise again to 37 in 2023. 

Again, there aren’t many lots left in LOW, which, of course, will impact new construction sales in the future.

Another notable statistic is the rise in the average sold price to original list price ratio from 2018-2021. 2022 showed a slight decrease to 100.3%, followed by another decrease in 2023 to 98%.

The financial experts’ forecast for 2023 called for rates to stabilize and then begin a slow decline. The decline in rates didn’t occur as quickly as anticipated. 

The 2024 forecast calls for more buyer confidence and a reduction in interest rates that should bring buyers back into the market who β€œpaused” due to all of the uncertainty of 2023. Yet those reductions may come more slowly than anticipated, as during the Federal Reserve’s news conference on January 31, 2024, Chair Jerome Powell noted that a March rate cut is unlikely.

β€œHome prices keep marching higher,” says National Association of Realtors Chief Economist Lawrence Yuns. β€œOnly a dramatic rise in supply will dampen price appreciation.” And Redfin Chief Economist Daryl Fairweather predicts that mortgage rates will fall to about 6.6% by the end of 2024.

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, β€œWhat 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, one of our expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.

Exceptional Lot Presents Breathtaking Lake Views: 600 Eastover Parkway, Lake Of The Woods, VA. Offered At $100,000Β 


Introducing your dream home water view location! This exceptional lot presents breathtaking lake views of Keaton Lake, providing the perfect canvas for building your dream home. Nestled in a very tranquil setting, it’s an ideal opportunity to create a haven where you can unwind and share countless memories with loved ones. Embrace the serenity of lake living and turn your vision into reality on this picturesque property. Your dream home awaits, overlooking the beauty of Keaton Lake. You can bring your own builder or we can assist you with choosing one who we have experience with. Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle. Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a captivating tour of Lake of the Woods, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, β€œWhat 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, one of our expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or 

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

Serenity by the Water: Discover Elegance at 18200 Shinniecock Hills Place in River Creek, a Luxury Haven Listed at $2,250,000

UNDER CONTRACT


Step into a realm of classic elegance and timeless design, where neutral color palettes defy passing trends seen on the latest HGTV series. This exquisite property, nestled within the coveted River Creek Country Club in Leesburg, Loudoun County VA, boasts the McArthur model by Mitchell and Best Custom Builders. Situated on one of just 31 lots offering Potomac River water views and scenic fairways of the River Creek Golf course, this home epitomizes exclusivity in a secure community. Only 31 single-family Potomac Water view homes exist, with just one hitting the market and swiftly finding a new owner in the past year. Set in a secure gated community and on a private cul-de-sac, this residence stands out as one of the few single-family water-view homes featuring a main floor owner’s suite. Over the last 8 years, meticulous maintenance and close to $400k in remodeling upgrades, including a new roof, HVAC, and kitchen, have elevated this home to surpass the standards of new construction. Perfect for both work-from-home functionality and entertaining, the outdoor space steals the show with breathtaking views from all three levels. The manicured rear garden, complemented by a new maintenance-free composite deck, becomes the favored hangout and dining spotβ€”a tranquil haven where you can savor your morning coffee or evening wine. Step into the front garden, adorned with a Versailles vignette, a fountain, and ample seatingβ€”an inviting space to engage with neighbors on leisurely strolls. Indoors, the home seamlessly combines open and spacious rooms with cozy corners, showcasing high ceilings, balconies, and hardwoods throughout. The main level office/library with custom built-ins provides an ideal workspace, while the owner’s suite, boasting a new fireplace, double walk-ins, and water views, exudes sheer opulence. Venture to the lower level with walkouts onto a new patio, transforming into your personal event space with a private bar, fireplace, and gaming areas. Abundant storage spaces and a versatile finished flex space over the garage further enhance the home’s appeal. Discover the rich history of the River Creek Community, an exclusive enclave just 20 minutes from IAD and close to the DC metro in Ashburn. Premium shopping, cultural attractions, and diverse dining options are within easy reach. Embrace a lifestyle where world travels, cultural experiences, and serene countryside living converge in this unique and unmatched residence. Tee up on the Potomac at Leesburg’s premier golf experience, featuring an 18-hole championship course designed by Ault-Clark. River Creek’s comprehensive golf program, complete with an in-house Golf Academy and Fitting Area, nationally recognized professionals, and a vibrant calendar of tournaments and events, positions it as one of the most valuable golf memberships in Northern Virginia. Belong to the River Creek Clubβ€”a home away from home that cultivates a relaxed, resort atmosphere, emphasizing outstanding service and amenities. This is not just a residence; it’s a destinationβ€”a haven where luxury living seamlessly blends with the perfect blend of sophistication and leisure.

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, β€œWhat 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, one of our expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or 

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

Luxury Living in 55+ Paradise: Explore the Allure of 40 Battery Point with Abundant Amenities, Priced at $645,000

UNDER CONTRACT


Discover the epitome of resort-like living in this exquisite home nestled in the vibrant Celebrate Virginia North, an active 55+ community. Boasting over 5000 square feet of living space across 2.5 levels, this residence offers an unparalleled lifestyle with its fantastic amenities and proximity to shopping and restaurants.

As you enter, the home welcomes you with an open-concept design and a warm, inviting atmosphere. The split bedroom floor plan ensures privacy for all residents. With 4 bedrooms and 4 bathrooms, this home is designed to accommodate your every need. The primary suite is a haven of luxury, featuring tray ceilings, carpet flooring, and a spa-like bath – the perfect retreat after a busy day.

Fine details adorn every corner, from crown molding to chair rail and wainscoting. The foyer leads to a spacious office and a guest bedroom with a full bath. The formal dining room, blessed with exquisite detailing, sets the stage for special occasions. The living room, with vaulted ceilings and large windows, creates an airy ambiance. A cozy fireplace and built-in shelving add a touch of comfort.

The well-designed kitchen is a chef’s delight, offering ample counter space, a breakfast bar, and a pantry with ample storage. The adjacent sunroom and eat-in kitchen area provide access to the back deck for easy grilling and entertaining. Notably, this home features a premium lot backing to forest preserve land, providing a serene and picturesque backdrop. The laundry room, conveniently located off the kitchen, adds to the practicality of daily chores.

Ascending to the loft, a spacious and versatile flex space awaits, featuring a bedroom and a full bath. But here’s the surprise – this fabulous home includes a full walkout lower level! The basement offers versatility, whether you desire a den, game room, or craft space. An additional bright and spacious bedroom with a full bath completes this lower level. Storage enthusiasts will appreciate the impressive 21X30 storage room.

This home has it all, ensuring that you never have to leave the neighborhood to find what you need. With amenities and clubs at your fingertips, plus shopping and restaurants just a hop, skip, and jump away, this is more than a home – it’s a lifestyle. Don’t miss the opportunity to call this Celebrate Virginia North gem your own!

HOME WITH A VIEW: 105 RAMSAY ROAD LAKE OF THE WOODS VA Offered a $1,175,000

UNDER CONTRACT


Introducing your waterfront dream home in an amenity-rich, gated community! This stunning fabulous 5-bedroom, 4-bath, 3-level residence boasts approximately 5332 square feet of luxurious living space and features breathtaking, long views of the lake! Smartly designed with a primary suite and an additional bedroom and bath on the main level, the residence truly does offer one-level living. Whether you’re looking for a new primary residence that offers one-level living with plenty of space and amenities for family and friends, a multi-generational home, or a place to accommodate your large family, you’ve found your perfect place at the lake!

As you step onto the main level, you’ll be greeted by newer LVP flooring that extends throughout the main area. You’ll appreciate the vaulted ceilings, skylights, and sweeping windows that fill the main areas with natural light, showcasing the picturesque lake views. The separate dining area is perfect for special occasions, while the expansive living room is highlighted by a striking stone wood-burning fireplaceβ€”a perfect setting for creating lifelong memories.

The spacious eat-in kitchen is a chef’s delight, accommodating several people at a time. Connected to the living room and kitchen is an amazing sunroom offering panoramic views of the main lake, providing a serene escape. The primary suite is a haven of relaxation, featuring ample space for a seating area and a walk-in closet, all while enjoying the soothing lake vistas and private deck area. A second bedroom and full bath, along with a conveniently located laundry room, complete this level.

Venture to the upper level, where two generously sized bedrooms share a full bath, providing comfort and convenience. The lower level unfolds a massive, open, well-designed recreation room with fantastic lake views and several outdoor areas for lake fun. An additional bedroom and full bath offer privacy for guests, and access to a patio invites you to share the spectacular lake scenes.

This home is not just a place to live; it’s a canvas for creating cherished memories. From entertaining in the formal area to cozy moments by the fireplace, every corner is a backdrop for joy and togetherness. Don’t miss the opportunity to make this dream home yours and embark on a journey of making memories that will last a lifetime. Welcome to a life of serenity and luxury!

Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle.

Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a sensational tour of Lake of the Woods by car and by boat, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Wood!

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, β€œWhat 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, one of our expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or 

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

πŸŽ‰ Exciting Announcement: Exclusive Open House Event! 🏑✨11910 Ruby Ridge Court.

SOLD!

Hosted by the dynamic duo, Jenn Armknecht, and David Macpherson! 🌟✨ #LuxuryLiving #OpenHouse #DreamHome πŸŒ

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, β€œWhat 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, one of our expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or 

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

Luxury At It’s Finest: 11910 Ruby Ridge Court, Woodbridge, VA: Offered at $1,500,000

SOLD!

This exceptional property is the epitome of luxury living, set on a lush 1.77-acre lot that backs to wood-preserved land, ensuring privacy and tranquility. With over 10,700 square feet of exquisite living space, this prestigious home offers a lifestyle of unparalleled elegance and comfort. Boasting a 5-car garage, 6 bedrooms, 6 baths & 2 half baths, and numerous opulent features, this home is a testament to fine craftsmanship and attention to detail. The layout includes 2 luxury owner suites, ensuite bedrooms, a living/eat-in in-law suite, and so much more. The heart of the home is the gourmet kitchen, a culinary masterpiece with top-of-the-line appliances. The morning room is a delightful space for casual dining and a sun-soaked sanctuary. The lower level offers endless possibilities with a second family room, exercise rooms, and ample storage, making it ideal for entertainment and relaxation. Step outside and discover a stunning deck overlooking the large backyard with paths leading to a picturesque creek. This outdoor oasis is perfect for hosting gatherings, enjoying nature, and relaxing. The home is flooded with natural light thanks to its abundance of windows, creating a warm and inviting atmosphere throughout, and would be Ideal for a multigenerational family. Situated in the sought-after Running Creek subdivision, this property offers both seclusion and convenience. It’s near shopping and retail centers and provides easy access to I-95, making for a quick 35-minute drive to Washington, D.C. Indulge in the extraordinary lifestyle this Buckingham model home offers. Don’t miss the opportunity to make this grand estate your own. Schedule a showing today and experience the pinnacle of luxury living.

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, β€œWhat 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, one of our expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.