Tag Archives: real estate for sale

LOT For Sale in Lake of the Woods, VA 301 Yorktown Blvd Offered at $55,000

Imagine your dream home here! Nicely level wooded lot near beaches and parks. Amenity-rich Lake of the Woods offers so many choices: play golf, jump in the lake, swim at the pool, work out at the fitness center, or dine at the clubhouse overlooking the pristine lake, the choice is yours. For more information on 301 Yorktown Blvd, 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 home owners. 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.

LOT For Sale in Rapidan, VA 0 Clarks Mountain Road Offered at $$69,000

A beautiful wooded 6 acre home site nestled in historic Rapidan Virginia. Imagine building your dream home with privacy, and enjoy all the outdoor activities living on acreage provides. Abundant hardwood trees and lush greenery make this one of the best deals in the state of Virginia. For more information on 0 Clarks mountain Road, Click Here!

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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 area 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 contact Pat Licata.

To see available properties, please visit our website licatagroup.com

Stunning Waterfront Home For Sale in Lake of the Woods, VA 112 Woodlawn Trail Now UNDER CONTRACT!

Imagine the memories you’ll make with family and friends as your waterfront adventure begins! Spectacular views,  dock with boat slip, and a contemporary house with a true lake house feel make this one “the one!” You’ll love spending your days at the dock either relaxing or floating on a raft, jumping in the water, or onto your watercraft of choice. A screened porch and deck provide endless opportunities to enjoy the outdoors in addition to the fabulous dock area.  Once inside, you will love the hardwood floors,  fireplace to keep you warm on cold nights, and the open feel of this home. The cathedral ceilings and all the windows add to the lake house feel. For more information on 112 Woodlawn Trail, 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 home owners. 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.

Waterfront LOT For Sale in Lake of the Woods, VA 22508 605 Lakeview Pkwy Offered at $550,000

Imagine wonderful sunrises from the perfect lake home or dock, designed by you and built for you! Whether you enjoy your day on the boat, kayak, jet ski, simply swimming or floating from your dock, or entertaining family and friends, this lot provides the ideal setting for your dream home. So let’s get this lake home and lake life started! Situated on the main lake, you’ll love the lifestyle! For more information on 605 Lakeview Pkwy, 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 home owners. 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.

Waterfront Home For Sale in Lake of the Woods, VA 108 Cumberland Circle Now UNDER CONTRACT!

Welcome to 108 Cumberland Circle! This meticulously renovated, turn-key waterfront home (almost everything is new in 2021!) is perfectly nestled among the trees on Keaton Lake, while also offering fabulous golf course views. So grab your fishing pole, kayak, or camera, and let’s get this lake life started! You’ll fall in love as soon as you turn onto the tree-lined driveway providing privacy from the road. The landscaping, inviting front porch, walking paths to the lake, screened porch, decks, and the abundance of privacy will make this one “the one” prior to even stepping inside…but wait until you do! Once you enter through the solid oak door, the elegant foyer and incredibly spacious living room which flows so easily into the dining area will impress. Your gourmet kitchen is equipped with stainless steel appliances, an island and granite counter tops. A main level owner’s suite with en-suite bath will be sure to please, as well as another bedroom (or office, which will make working from home a breeze). The upper level boasts two additional bedrooms and a stunning full bath. Imagine sitting on the screened porch and listening to nature serenade you. All of this and a view of the golf course and fountain are just an added bonus.

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 home owners. 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.

LOT For Sale in Lake of the Woods, VA! 208 Edgemont Lane Offered at $50,000

Build your dream home here on this incredible half-acre + lot backing to parkland! If you are looking for privacy on a sought-after larger lot, this is it!

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, waterskiing, 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 $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! For more information on 208 Edgemont Lane, 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 home owners. 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.

LOT For Sale in Lake of the Woods, VA! 117 Butler Circle SOLD!

Welcome to 117 Butler Circle… a fabulous lot located near the back gate, on which to build your perfect home in the sought after Lake of the Woods! Mature trees and almost an acre make this the one! So get your lake life started by building your perfect place at the lake on one of the few remaining lots! For more information on 117 butler Circle, 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 home owners. 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.

monthly stats

January 2021 Lake of the Woods Market Statistics

In January, 20 homes sold in Lake of the Woods.
1 sold between $130-199,999;
2 sold between $200-249,999;
3 sold between $249,900-299,999;
6 sold between $300-349,999;
5 sold between $350,000-399,999;
2 sold between $400-599,999;
1 home sold over $600,000.

13 Active Listings for Sale
55 Homes Under Contract
32 Homes Sold since January 1, 2021.

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 home owners. 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

Stunning Home For Sale in Orange, VA! 20233 Mountain Track Road Now SOLD!!

Welcome to 20233 Mountain Track Rd! If privacy is what you crave then this beautiful home is the one! Perfectly situated on two acres where you can watch the deer graze and the birds sing. Once inside you will love all the new flooring and spacious light-filled living room with a fireplace to keep you warm on those cold nights. The kitchen is perfect with plenty of counter space for cooking and baking, and you will love the breakfast bar and dining area. The owner’s suite is spacious with multiple closets, an en-suite bath boasting double vanities, a soaking tub to melt the day away, and a separate shower. Enjoy sitting on your deck taking in all the sounds of nature and grateful for all the privacy. Plus the detached oversized 1 car garage and two-car carport are a bonus making this home in the country the one! For more information on 20233 Mountain Track Road, Click Here!

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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 area 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 contact Pat Licata.

To see available properties, please visit our website licatagroup.com

market stats

The LOW-down on Real Estate at the Lake 2020 By Pat Licata

The continued inventory shortage experienced by most regions of the country was clearly evident in Lake of the Woods again in 2020. Listings decreased by 11.6%, from 397 in 2019 to 351 in 2020, while closed sales were up 4% from 301 to 313. New construction accounted for 34 of the 313 sales. The median sold price increased a healthy 7.87% year over year from $270000 to $291,250 in 2020.

Of the 313 total sales reported in 2020, only 8, or 2 1/2%, were either short sales or foreclosures. At the height of the distressed real estate market in 2010, a whopping 43% of all sales were either short sales or foreclosures.

Now let’s look at our steady growth over the past five years:

In 2017, there were 291 total sales, a whopping 21.7% increase over 2016 at 239. The median sales price climbed to $239,000.

In 2018, 234 homes sold, which was an 8% decrease from 2017. The median sales price rose to $249,900. In 2019, we realized a 28.63% gain in homes over 2018, with a total of 301 selling.

Average Days on the Market (DOM), which is the number of days it takes from the time a property is listed until it goes under contract, has steadily declined from 117 in 2016 to 37 in 2020.

It’s also telling to note that a significant number of lots have sold in the past five years.  From January 1, 2016-Decemeber 31, 2020, a total of 196 lots sold: 24 in 2016; 37 in 2017; 45 in 2018, 41 in 2019; and 49 in 2020. There simply are very few lots left in LOW.

New construction has been climbing, as well. 2016 realized 28 new construction starts; in 2017, there were 30; in 2018, there were 34; in 2019, there were 48; and there were a whopping 66 new starts in 2020.

Another notable statistic is the dramatic rise in average sold price to original list price ratio. It has steadily risen from 93.9% in 2016 to 99.2% in 2020.

According to Freddie Mac and the Mortgage Bankers Association, mortgage rates were expected to stay within the 3.7-3.9% range in 2020. Interestingly, rates were surely seen well below those numbers. As of today, it’s possible to obtain a 15-year fixed rate below 2%, with the 30-year rate below 3%. Financial experts are expecting another year of low interest rates.

The prognosis for 2021, as it was in 2020, is excellent! In LOW, there are 9 homes active on the market as of 1/14/2021. In January of 2019, there were 57. Low, stable rates and hopefully more inventory should propel us to experience another year of healthy sales and appreciation.

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia, or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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 area 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 contact Pat Licata.

To see available properties, please visit our website licatagroup.com