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275 LAKE FOREST DR Fredericksburg, VA 22406
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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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Bought with Robyn Harvey • Cr8tive Realty, LLC