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Sold for $730,000
    • $730,000

    40246 Thomas Mill Rd, Leesburg, VA 20175

    3beds
    2,621sqft
    Single Family Residence
    Built in 1978
    4.98 Acres Lot
    $729,900 Zestimate®
    $279/sqft
    $4,068 Estimated rent

    Home value

    $729,900

    $693,000 - $766,000

    $4,068/mo

    Zestimate® history
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    What's special

    Bright and functional layoutPeaceful settingWell-sized bedroomsAbundant natural light
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Herrick 703-544-7887,

    Real Broker, LLC

    Bought with:

    Kathleen Stakem, 0225231203

    RE/MAX Gateway, LLC

    Source: Bright MLS,MLS#: VALO2118796MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 1000
    Heating
    • Baseboard, Oil
    Cooling
    • Window Unit(s), Ceiling Fan(s), Electric
    Appliances
    • Included: Microwave, Refrigerator, Dishwasher, Cooktop, Dryer, Washer, Electric Water Heater
    • Laundry: Lower Level
    Features
    • Ceiling Fan(s), Dry Wall
    • Flooring: Hardwood, Vinyl, Tile/Brick
    • Basement: Finished,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Brick, Wood Burning
    Interior area
    • Total structure area: 2,621
    • Total interior livable area: 2,621 sqft
    • Finished area above ground: 1,621
    • Finished area below ground: 1,000

    Property

    Parking
    • Total spaces: 10
    • Parking features: Driveway
    • Uncovered spaces: 10
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Pool features: None
    • Fencing: Wire
    Lot
    • Size: 4.98 Acres
    • Features: Backs - Open Common Area
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 310373097000
    • Zoning: AR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Single Family Residence
    Materials
    • Masonry
    • Foundation: Block
    • Roof: Asphalt,Shingle
    Condition
    • Good,Average,Below Average,Fixer
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Well

    Community & HOA

    Community
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Leesburg

    Financial & listing details

    • Price per square foot: $279/sqft
    • Tax assessed value: $775,960
    • Annual tax amount: $5,953
    • Date on market: 3/26/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2026Sold$730,000+0.7%$279/sqft
    Source: Bright MLS #VALO2118796 Report a problem
    6/3/2026Pending sale$725,000$277/sqft
    Source: Bright MLS #VALO2118796 Report a problem
    6/3/2026Listing removed$725,000$277/sqft
    Source: Bright MLS #VALO2118796 Report a problem
    5/29/2026Price change$725,000-3.3%$277/sqft
    Source: Bright MLS #VALO2118796 Report a problem
    3/26/2026Listed for sale$750,000-78.6%$286/sqft
    Source: Bright MLS #VALO2118796 Report a problem
    10/5/2018Listing removed$3,500,000$1,335/sqft
    Source: Keller Williams Realty Reston #1000370972 Report a problem
    4/9/2018Listed for sale$3,500,000$1,335/sqft
    Source: Keller Williams Realty #1000370972 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,953 +0.8%$739,560 +8.3%
    2024$5,907 +5%$682,860 +6.2%
    2023$5,627 +11.2%$643,090 +13.1%
    2022$5,062 +5.6%$568,800 +16.3%
    2021$4,792 -1.7%$488,960 +3.8%
    2020$4,875 +2546.2%$470,990 +5.3%
    2019$184 -96.2%$447,350 +0%
    2018$4,853 +1.2%$447,270 +4.9%
    2017$4,797 +0.2%$426,440 +0.9%
    2016$4,790 $422,530 +97.3%
    2015$4,790 +2.5%$214,210 +1.3%
    2014$4,671 $211,400
    Find assessor info on the county website

    Neighborhood: 20175

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Catoctin
    • Middle: J. L. Simpson
    • High: Loudoun County
    • District: Loudoun County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $729,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $729,900

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