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Pending
    • $725,000

    40246 Thomas Mill Rd, Leesburg, VA 20175

    3beds
    2,621sqft
    : Get pre-qualified
    Single Family Residence
    Built in 1978
    4.98 Acres Lot
    $-- Zestimate®
    $277/sqft
    $-- HOA

    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.
    69 days
    |
    2,879
    |
    133
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Herrick 703-544-7887,

    Real Broker, 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
      Video & virtual tour

      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: $277/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
      Get pre-qualifiedBe ready to make an offer.
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,103/mo

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 20175

          Getting around

          1 / 100
          Car-Dependent
          8 / 100
          Somewhat Bikeable

          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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