• 96 days on site
  • 10 views

Rare investor and renovation opportunity in the ever-popular town of Leesburg, offering the perfect combination of privacy, acreage, and close proximity to Washington, DC. Set on 5 beautiful acres, this classic rambler presents exceptional potential for buyers looking to restore and enhance a property with timeless character and strong long-term value. The existing home features original hardwood floors and wood windows ready to be brought back to life, creating the foundation for a truly stunning renovation. With 3 bedrooms, 3 full baths, and 1,621 square feet above grade, the home offers a functional layout filled with natural light and possibilities for customization. Two wood-burning fireplaces add warmth and charm, while the finished walk-up basement with a full bath provides outstanding flexibility for future private guest quarters, office space, recreation areas, or expanded living options. The walk-up access adds convenience and enhances the home's potential for multi-use living. Outside, the expansive property offers endless opportunities for outdoor living, gardening, recreation, or future improvements, all while enjoying the peaceful setting that makes Leesburg so desirable. Opportunities like this are increasingly hard to find in such a sought-after Northern Virginia location with easy access to shopping, dining, commuter routes, and the Washington, DC metro area. This is a chance to transform a solid home with great bones into something truly special.

Source: BRIGHT MLS, MLS#: VALO2118796

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential
  • Lot
    4.98 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Michelle LeFante

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    38
  • Population Density
    561
  • College Educated
    67%
  • Estimated Median Income
    $136,325
  • Estimated Total Home Owners
    9,352
  • Estimated Total Renters
    2,990
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    3
  • Total Population
    35,429
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Want to talk? Contact us here.

Want to talk? Contact us here.

Want to talk? Contact us here.

Life at 40246 THOMAS MILL ROAD


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: BRIGHT MLS Status Change
PENDING
5/29/2026Source: BRIGHT MLS Price Reduction
$725,000 -3.3%
4/3/2026Source: BRIGHT MLS Status Change
ACTIVE
3/31/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
3/26/2026Source: BRIGHT MLS Added to Database
March 26, 2026
Listing provided courtesy of Real Broker, LLC- MLS# VALO2118796MLS ProviderContact Information: [email protected] - 8554500442

This site uses cookies to improve your user experience. Continuing to browse means you accept our use of cookies. Our Privacy Policy.