Category Archives: Real Estate News

June 2022 Lake of the Woods Virginia 22508 Real Estate Market Statistics

In June, 35 homes were SOLD in Lake of the Woods.

1 sold below $250,000.00
4 sold between $250,000-299,999;
8 sold between $300-349,999;
8 sold between $350,000-399,999;
9 sold between $400-499,999;
4 sold between $500,000-$999,999;
1 sold over $1,000,000.

38 Active/Coming Soon Listings for Sale
32 Homes Under Contract
151 Homes Sold since January 1, 2022.

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 contacting Pat Licata.

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

109 aspen ct, lake of the woods virginia LOT for sale

109 Aspen Ct, Lake of the Woods Virginia 22508 LOT SOLD! by Licata Group EXP Realty LLC

Imagine building your dream home in lovely Lake of the Woods! Close to the Main Lake, you have access to all the amenities offered! A private, gated, secured 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 volunteer 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 $200,000+ 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 what’s to love in 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.

The word welcome in multiple languages

Warm Welcomes and Happy Send-Offs for July 2022!

Licata Group would like to extend a warm welcome to all the new homeowners! We often have really fun events hosted throughout the year, do frequent giveaways (think lotto scratchers, pies, FredNats tickets, just to name a few!), and also provide real estate market updates as well as local upcoming community events. We would like to take this opportunity to invite you to join our newsletter so you can never be without! Sign up here. Or call our office at 540-388-2541.

Clarence & Jane Jefferson
Joseph Thomason
Rocio M. Velez & Jessenia Acosta-Brenes
Layne & Teresa Carter
Nancy Sandford
Norma & David Hernandez
Linda Edmonston
Diane Reddy
Fred & Perrine Pulis
Susan Frazier Harris
Jennifer Wetzel
Bill Frazer III
John & Bridget Dick
William & Veronica Kelly
Bill & Jamie Lebegern
Rich & Sue Raymond
Larry & Frances Morris
David & Donna Valentine
Matthew & Maggy Jones
Bryan & Stacy Holland
Richard & Diane Pell
Christian & Renee Romero
Robert & Allisson Ellis
Kathy Cabana
Michael & Dawn Ward
Phyllis & Nathan Schroeder
Kent & Carolyn Renk
Matt & Debra Craig
Brittany & Elmer Yeager
Valerie Nieters
Raymond & Mari Fleck
Layne & Teresa Carter
Sunita Kumari
Jeff & Iona Hartshorn
Tony & Laura Fuchs
Fredy Tores
Ethan Jones

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.

208 fairfax ln, lake of the woods virginia 22508

208 Fairfax Ln, Lake of the Woods Virginia 22508 SOLD! by Licata Group EXP Realty LLC

Discover your new lifestyle in Lake of the Woods! This beautiful, one level home offers stunning curb appeal and a highly desirable floorplan with plenty of space. The large driveway and two car garage provide ample space for parking. As you enter this well maintained home, you walk into a large open family room with a gas fireplace and vaulted ceilings. The kitchen has plenty of storage and a bright eat-in area with access to the sunroom. The primary bedroom with attached bath and walk in closet is separate from the guest bedrooms. There is also a bonus room, great for a formal dining room, home office, or sitting room. The quiet backyard offers peaceful enjoyment with a large deck.

A private, gated, secured 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 volunteer 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 $200,000+ 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 what’s to love in 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.

Lake of the Woods Players Club Accepting Auditions for Scrooge, the Musical!

If you enjoy singing and dancing and not afraid of sharing the stage, consider auditioning for the Lake of the Woods Player’s Club’s upcoming performance of Scrooge, the Musical! The book, music and lyrics were written by Leslie Bricusse, and this play will be Directed by Barbara Cochran. They are looking for cast members for children 8 and up for this show! Prepare for auditions being held for two days only: Sunday, August 21st from 2pm – 5pm and Monday, August 22nd from 7pm – 9pm. They will be held at the Lake of the Woods Community Center located at 110 Sweetbriar Park Rd in Lake of the Woods, VA. *Lake of the Woods is a gated community, if you live outside of LOW, please email: ditzlerva@gmail.com with your name and that you are planning to audition so your name can be provided to security, you may be asked for ID to enter.* For the complete list of characters details available and parts, visit the lowplayers.org/auditions. There is also an audition form that must be completed and submitted. Performances are scheduled for: November 11, 12, 18, 19 at 7:30PM and November 13 and 20th at 2pm.

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.

523 Monticello Cir, Lake of the Woods Virginia Home For Sale

523 Monticello Cir, Lake of the Woods Virginia 22508 SOLD by Licata Group EXP Realty LLC!

Discover your new lifestyle in this one level Lake of the Woods home! The wide circular driveway and two car garage provides ample space for family and guests. Step inside this beautifully maintained home, with a dramatic open family room, gorgeous stone gas fireplace, and lovely wood built-ins. Prepare feasts with ease in the generous kitchen with plenty of storage and bright eat-in area. Live in royalty in the vast primary bedroom suite, with soaking tub to ease away the day. The backyard with a screened in porch invites your imagination for new outdoor living ideas and peaceful enjoyment. Come envision your new beginning while it’s still available!

A private, gated, secured 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 volunteer 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 $200,000+ 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 what’s to love in 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.

3115 Lakeview Pkwy, WATERFRONT LOT for Sale Lake of the Woods Virginia 22508

3115 Lakeview Pkwy, WATERFRONT LOT in Lake of the Woods Virginia 22508 SOLD! by Licata Group EXP Realty LLC

3115 Lakeview Pkwy, WATERFRONT LOT for Sale Lake of the Woods Virginia 22508
3115 Lakeview Pkwy, WATERFRONT LOT for Sale Lake of the Woods Virginia 22508

AMAZING SUNSETS AND A HOME BUILT JUST FOR YOU! There are not often lots available on the big lake at Lake of the Woods and this one is a gem. Enjoy spectacular sunsets from a new lake home, designed and built for you, in this fun and friendly gated community. This large wooded lot on large lake offers 64 feet of beautiful water frontage and a spectacular view, with plenty of room for you to build a large house. Boat, kayak, peddle-boat, jet ski, and swim right from your lakeside. You can also enjoy community beaches, clubhouse, golf course, 2 pools, equestrian center, multiple parks and playgrounds and other great amenities. If you enjoy history and hiking, you can visit Wilderness Battlefield trials just across the street and the many historic sites and hikes in the Locust Grove area. ABOUT LAKE OF THE WOODS: Lake of the Woods is a gated community with two lakes. A large 550-acre main lake and a smaller 35-acre lake (often called “The Fishing Lake”). This beautiful lot is on the main, large lake. Lake of the Woods amenities includes a USGA golf course with pro shop and cafe, a large clubhouse with multiple decks, 2 kid-friendly pools, a fitness center, an equestrian center, multiple parks and playgrounds, tennis courts, pickle ball courts, soccer and baseball fields, campgrounds, community center, community theater group, a fire and rescue company, and a church.

You can enjoy boating, water skiing, kayaking, golfing, horseback riding, and taking in the breathtaking views from the clubhouse while enjoying a fabulous meal or cocktails with friends. You can relax and enjoy the serenity of the lake or, if you like a little more activity, LOW also has many ways to meet people and join in the fun, including more than 40 clubs. Sports, water skiing, card playing mahjongg, book groups, games, theater, and more. Something for everyone. Located in Orange County, we are fortunate to enjoy low real estate taxes and, with homes ranging from the $100,000s to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents and weekenders. TOURS: Please come see for yourself! We will gladly give you a tour by boat and by car so that you can see everything Lake of the Woods has to offer.

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.

Home Equity Is Up – What’s Your Next Move?

Key Takeaways:

  • With home values continuing to rise, what are the best options to maximize your equity gains?
  • Now might be the perfect time to tap into your equity for a vacation home or investment property.
  • Don’t delay—contact us and put your home equity gains to work for you!

Homeowners Have Historic Equity Gains

It’s no secret that home equity values are at historic highs right now. Surging home prices have caused tappable equity to set a record in 2021, hitting $9.9 trillion, mortgage technology and data firm Black Knight Inc reports. The firm also noted that the average mortgage holder has $185,000 in tappable equity. 

For current homeowners, these recent gains are tremendous and mean all your hard work has paid off. Of course, the big question in many homeowners’ minds now is: what should I do with the equity I’ve gained? So if you’ve been calculating your equity gains and wondering what the best thing to do with them is, let’s explore some ways you could maximize your equity growth.

Renovations, Repairs, and Restoration

Happy smiling woman in goggles with saw sawing wooden board

With the current equity built up in your home, you can borrow against it by taking out a home equity loan or line of credit (HELOC) and using that money for whatever you want. While homeowners commonly borrow against their equity to fund renovations or repairs, you can take out a home equity loan to use for any goal you have in mind. But if your home desperately needs a new roof, windows, newer energy-efficient appliances, or even an addition, tapping into your equity to make that happen is warranted. And with recent drops in lumber costs, this may be an ideal time to get that extra space you’ve been dreaming of.

There’s also the option to do a cash-out refinance. With a regular refinance, you typically borrow the exact amount you owe on your mortgage. However, with a cash-out refinance, you borrow more than your remaining mortgage balance and receive a check for the difference. And as with a home equity loan or HELOC, you can use that money for any purpose you choose.

Purchase a Second Property

Senior couple standing outside log cabin in countryside

According to CoreLogic, nationally, home prices increased 19.1% between January 2021 and January 2022, which has been fantastic news for current homeowners. Equity gains don’t just benefit those looking to sell their homes to walk away with a substantial profit. If you don’t have plans to sell your home in the near term, having a lot of equity in it affords you plenty of different options to put that money to good use. 

Consider using your existing equity to buy the vacation home you’ve been dreaming of, or to purchase income-producing real estate that may generate passive income and possibly lower your monthly costs, or other investment assets. Until recently, financing a vacation home was the same as financing a primary residence. But the Federal Housing Finance Agency recently announced increases to upfront fees for second-home loans that took effect on April 1, 2022. As a result, homeowners have been encouraged to tap equity from their primary residence to pay for their secondary property.

Make a Smart Move

Your decision on what to do with your equity gains depends upon your financial situation and long-term real estate goals. So as you’re watching your equity grow and wondering how to put that money to good use, having a trusted, experienced real estate team behind you is your best first step to figuring that out. You’ll rest easy knowing that we’ve seen the ups and downs of the market over the years, so contact us today to discuss your options!

35400 Gosling Ln, Locust Grove, Virginia 22508 SOLD! by Licata Group Real Estate LLC

Welcome to 35400 Gosling Lane in the quiet Wilderness Shores community! In this bright and well-maintained 2005 home, you will enjoy all the open plan features of a new construction home inside this spacious 3-level, 4 bedroom 3 bathroom family home.  The spacious family room, dining room, and kitchen will surely be the favorite place to gather. Plenty of counter space and the vast kitchen island will satisfy the chef and admiring helpers.  The roomy bedrooms in the upper level offer quiet, peaceful retreats, and the sizeable primary suite provides all the necessary space for privacy and space. Avoid the waiting and all the add-ons and construction traffic!  The beautifully landscaped partially fenced private yard with a deck is yours to enjoy this summer. The huge “blank canvas” basement is already roughed in for a full ensuite bathroom and with a full egress window will allow for a legal 5th bedroom and plenty of storage space. Stop in and look no further!

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.

218 creekside rd, lake of the woods virginia 22508

218 Creekside, Lake of the Woods Virginia 22508 SOLD! by Licata Group EXP Real Estate Advisors!

You’ll be astonished by the amount of space, architecture, and added detail and privacy found in this move-in ready, well-maintained home! Boasting 5 bedrooms and 3 full baths, this split floor plan would be ideal to accommodate an in-law suite, classrooms, craft rooms, or office area away from the main living areas and other bedrooms. New flooring in the main living areas, cathedral ceilings, expansive windows to appreciate the privacy of parkland, and spacious kitchen that can easily accommodate two chefs can be yours! Did I mention two decks?? One is accessible from primary suite, while the other flows from kitchen. Imagine your new lifestyle in a home that offers it all!

A private, gated, secured 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 $200,000+ 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 what’s to love in 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.