Tag Archives: lake of the woods va real estate

Exploring the Charm of Our Newest Listing: 605 Harrison Circle Offered at $334,900


Welcome to this delightful 3-bedroom, 2-bathroom home featuring a two-car garage tucked away in amenity-rich Lake of the Woods! As you step inside, the cathedral ceilings and skylights create an inviting ambiance, cascading the space with natural light. The open layout seamlessly connects the dining area, kitchen, and living room, ideal for hosting gatherings. The kitchen’s wooden tray ceiling and pass-through window add a touch of character. Relax in the cozy living room by the floor-to-ceiling fireplace or step out onto the back deck for some outdoor serenity. The primary suite features its own screened-in porch, dual closets, and a convenient Jack-and-Jill bath with easy access to the laundry room. Two additional bedrooms and another full bath ensure privacy for guests. Enjoy the convenience of Greensprings Park just a short stroll away, providing a perfect retreat for nature lovers. Don’t miss the opportunity to make this charming home yours!

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 by a car and boat tour!

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, “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, 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.

Warm Welcomes and Happy Send Offs!

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 it! Sign up here. Or call our office at 540-388-2541.

  • Warren M Lee and Barbara E Lee
  • Jason Quattlebaum, Amy Quattlebaum
  • Rose M. Maruschak
  • Abraham C. Sifakis
  • Sarah Murphy
  • Jose miguel torres valle
  • Keishla Krystal Rodriguez Rodriguez
  • Irma Barker
  • Rebecca Molina
  • Bryanna Anderson

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, “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, 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.

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, “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.

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 “paused” 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.

“Home prices keep marching higher,” says National Association of Realtors Chief Economist Lawrence Yuns. “Only 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, “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, 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.

Build Your Dream Home with Breathtaking Lake Views in Lake of the Woods! 600 Eastover Pkwy. Offered at $100,000

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, “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, 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.

A Renovated 3-Bedroom Haven with Breathtaking Views: 225 Beachside Cove, Offered At $449,900


Welcome to your dream home featuring gorgeous lake views! This 3 bedroom, 2 bath gem offers approximately 1988 sq ft of pure bliss, complemented by a 2-car garage with ample storage space. Step into a world of luxury where every inch has been meticulously renovated to perfection.

Marvel at the stunning tile floor that spans the entire home, creating an elegant and seamless atmosphere. The fresh paint, new light fixtures, and brand-new kitchen and bathrooms add a touch of modern sophistication.

The expansive deck, stretching across the entire front of the home, entices you to unwind and enjoy breathtaking lake views. Immerse yourself in relaxation with a soak in the hot tub, surrounded by the serenity of nature.

As you step into the main level living and dining room, be greeted by vaulted ceilings, skylights, recessed lighting, and of course, those captivating lake views. The well-designed kitchen is an absolute delight, inviting you to create culinary masterpieces while enjoying the scenic beauty outside.

Upstairs, the primary bedroom, a second bedroom, and a full bath offer comfort and tranquility. Downstairs, discover another bedroom, a versatile den with outside access that can easily serve as a fourth bedroom, another full bathroom, and a convenient laundry room to streamline your daily routine.

Imagine the new memories waiting to be made by the lucky new owner – from intimate gatherings in the stylish living spaces to evenings of stargazing from the deck. This home is not just a property; it’s a promise of a lifestyle filled with comfort, beauty, and the joy of lake life living. Don’t miss your chance to turn this house into your dream home!

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, “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, 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.
Unveil Serenity: Don’t waste time. Explore this Renovated 3-bedroom Home with Stunning Views! Open House on
Feb. 3rd from 12-2. Your new beginning awaits!

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


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, “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, 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.

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 fireplace—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, “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, 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.

LOWLINC Members, Upcoming Events!

Pontoon Boat Rides Offered to Members
Would you like to enjoy an hour on the Lake this summer cruising on a pontoon boat? Generous LOWLINC volunteers have offered to give members and their guests a ride on their pontoon boats throughout the summer starting June 1, 2024. A very big “Thank you” to our volunteers who stepped up to provide these boat rides. John Rourke, John Beisheim, Rick Rappoport, Wilma Hood, Jeff Flynn, and Dick Delio. This is a new venture for us but one we hope will develop over the coming summers. If you have a boat but didn’t have time this year to offer it please think about the coming years.     
Fareways Meet, Greet, and Eat
Mondays from 4:30 to 6:30 pm. August 8, 15, 22, 29. LOWLINC host will vary. 
LOWLINC Walking Program
Every Friday from 10:30 to 11:30 a.m. at the Community Center and Sweetbriar Trail.  Join members and volunteers every Friday for our Walk and Talk in the Community Center and on the walking path around Sweetbriar Park. August 5,12,19,26.
Luncheon at Miso Asian Grill, Fredericksburg
August 11, 12:00 noon. Come and bring your appetite for some really good Asian food. We will meet at the lower level of the clubhouse at 11:30 a.m. and transportation will be provided on the Bus. We have a limit of 14 on the bus, so please register early to secure a seat. The hosts are Joe, Vicky, and Carleen
Tech Talk – Online Privacy: Easy Steps to Protect Yourself Online
Wednesday, August 24, 1-2p.m. Community Center Meeting Room 2. The threat of scams, malware, and hacks on our devices has only increased over time. But so have the protections – if you take advantage of them. We will talk about the steps you can take to protect your phone, tablet, and computer from those who may be trying to access your private information. The group size is limited to 10 people. RSVP to the LOWLINC office at 855-569-5462 or through the online calendar.
Yoder’s Country Market
Tuesday, August 30, 11:00 – 2:00 p.m., Join us for a bus ride to Madison to visit the popular Amish market – Yoder’s. Enjoy walking around the mini zoo, having lunch, and shopping for those yummy homemade treats to take home. We have a limit of 14 on the bus so register early to ensure a seat. We will meet at the lower level of the clubhouse at 10:45 a.m.
Riverside Dinner Theater – Wednesday Matinee
August 31, 11:30 a.m. to 4:00 p.m. Enjoy “Guess Who’s Coming to Dinner,” a drama based on the movie. This event includes lunch, and the cost is $75 per person. Please reserve by calling 855-569-5462 or online no later than August 1 with payment made to LOWLINC. We have a limit of 14 on the bus so register early. We will meet at the lower level of the clubhouse at 10:30 am.

Do you wish to age in place at Lake of the Woods? Check out LOWLINC.org for the variety of ways LOWLINC may be of service! And we can help you find your perfect place at the lake!

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.

Creamy Tomato Soup!

Ingredients

  • 2 tablespoons butter
  • 1 tablespoon olive oil
  • 1 medium onion, chopped
  • 2 garlic cloves, minced
  • 1 can (28 ounces) whole tomatoes, undrained
  • 1 cup chicken stock
  • 2 tablespoons tomato paste
  • 1 teaspoon dried basil
  • 1/2 teaspoon salt
  • 1/2 teaspoon sugar
  • 1/4 teaspoon dried thyme
  • 1/4 teaspoon pepper
  • Fresh basil leaves, optional
  • 1/2 cup heavy whipping cream

Directions

  1. In a large saucepan, heat butter and oil over medium heat until butter is melted. Add onion; cook and stir until tender, 5-7 minutes. Add garlic; cook 1 minute longer. Stir in tomatoes, chicken stock, tomato paste, basil, salt, sugar, thyme and pepper. Bring to a boil. Reduce heat; simmer, uncovered, to let flavors blend, 20-25 minutes.
  2. Remove pan from heat. Using a blender, puree soup until smooth. Return to pan. Slowly stir in cream. Cook and stir over low heat until heated through. If desired, garnish with basil and additional cream.

Hint: Elevate your tomato soup experience with a sidekick of golden, gooey grilled cheese.