Fredericksburg, VA 22406,275 LAKE FOREST DR
Fredericksburg, VA 22406,275 LAKE FOREST DR
Fredericksburg, VA 22406,275 LAKE FOREST DR
33
$399,000
$399,000
Est.Price: ?

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10 Acres Lot

275 LAKE FOREST DR Fredericksburg, VA 22406

Est. payment /mo
SOLD DATE : 06/02/2023

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Key Details

Sold Price $399,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Abel Lake Forest

MLS Listing ID VAST2021056

Sold Date 06/02/23

Style Log Home

HOA Fees $65/ann

HOA Y/N Y

Originating Board BRIGHT

Year Built 2009

Annual Tax Amount $2,618

Tax Year 2022

Lot Size 10.002 Acres

Acres 10.0

Property Description

This is a rare opportunity for an industrious buyer. As property values in the Stafford and Fredericksburg area continue to rise, and as large plots of land have become more and more scarce, buyers are often priced out of larger luxury homes. Trying to find homes with larger lots for buyers wanting more privacy has also become more challenging as more new build projects have moved into the Stafford area. This home gives buyers the ability to afford a large private residence on a spacious lot if they are willing to complete the construction. For buyers wanting a custom-built home this may be a more affordable option.

275 Lake Forest Drive was a passion project for the owner. Unfortunately, he was unable to finish its construction. His hope was to create a private getaway, overlooking the water (roughly 200 feet from the door), and tucked into 10 acres of forest. The largeness of the logs used and peeked metal roof give the home both a feeling of grandeur and allow it to meld into its wooded surroundings. Completed, this property would be perfect for a nature lover who wants to be close to commuting, downtown, and shopping but still surrounded by the natural world. The build has only been partially finished, with power already run, so the new owner will have to complete the construction but can make it specific to their needs. In comparison to the 800k+ price tag associated with comparable finished homes this property has been listed with the understanding that a buyer will have costs associated with the home's completion. The hope is that we have priced the property low enough, that after effort to complete the build and the expense to customize it, a buyer could have a luxury log cabin home on a 10-acre lot well below the average price for a property this size. This unique property is the perfect place for a buyer hoping to find a home they can make their own.

Location

State VA

County Stafford

Zoning A1

Rooms

Basement Walkout Level, Unfinished

Interior

Hot Water None

Heating None

Cooling None

Fireplaces Number 2

Fireplaces Type Wood

Furnishings No

Fireplace Y

Heat Source None

Exterior

Water Access Y

Water Access Desc Fishing Allowed

View Creek/Stream, Lake

Roof Type Metal

Accessibility None

Garage N

Building

Lot Description Backs to Trees, Premium, Private, Rural, Trees/Wooded

Story 2

Foundation Block

Sewer No Septic System

Water None

Architectural Style Log Home

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Margaret Brent

Middle Schools Edward E. Drew

High Schools Colonial Forge

School District Stafford County Public Schools

Others

Senior Community No

Tax ID 37A 18

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kevin M Breen • Coldwell Banker Elite
Bought with Robyn Harvey • Cr8tive Realty, LLC

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agent

Hailey Helton

+1(703) 919-4664

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