INSANELY overpriced listing in Loudoun

Anonymous
Anonymous wrote:
Anonymous wrote:Beautiful property but the price is bonkers. I don't who would be in the market to buy a house like that.

I'm gonna sound dumb here, but I had no idea Loudoun had properties like that. I still don't think it's worth that much though. I'd argue it's worth $1.8 mil max and if it had a pool it would be more reasonable.


Western Loudoun is almost entirely properties like that. The price point isn't wildly off.

Lots of people in the market for properties like that. No one wants to live in or close to DC anymore unless you actually have to go there for work.

Leesburg is close enough to other jobs centers including Tysons, Dulles area, etc.


Well that's just a stupid thing to say, although I have no doubt you truly believe it.
Anonymous
Anonymous wrote:That landscaping (or lack thereof) makes me angry. The house looks like it was plunked down in the middle of a sad field.


That is precisely what happened.
Anonymous
Anonymous wrote:
Anonymous wrote:That landscaping (or lack thereof) makes me angry. The house looks like it was plunked down in the middle of a sad field.


That's because it probably was. That house could be any price, but I could never live in it. I just need a tree near me for some shade and some squirrels and birds. Even legit farmhouses in the middle of hundreds of acres have trees around the main house. I hate clearcutting an area to put up McMansions.


All that grass and NOTHING else. It kinda gives me the heebie jeebies. Too exposed. It's like trees are illegal. Even fencing. Something. It's so antiseptic. You need fencing if you have a dog! Just something interesting to look at.
Anonymous
$2.2m and you have to give your neighbor an easement across your property and a road you probably have to help maintain.

No thanks.

Anonymous
Anonymous wrote:$2.2m and you have to give your neighbor an easement across your property and a road you probably have to help maintain.

No thanks.



Ha! Didn't even realize that. Beyond me why the developer carved the land up like that.
Anonymous
Anonymous wrote:That landscaping (or lack thereof) makes me angry. The house looks like it was plunked down in the middle of a sad field.


I felt sad looking at it too. It looks like a sad home of isolation. I can’t imagine paying over $2M for my kids not to have any neighborhood friends to play with after school, or not be able to walk to a park or anything. I’m sure this is a dream home for some SAHM who wants to play around with curtains and paint swatches all day, but such a lonely way for a kid to grow up.
Anonymous
Anonymous wrote:
Anonymous wrote:Beautiful property but the price is bonkers. I don't who would be in the market to buy a house like that.

I'm gonna sound dumb here, but I had no idea Loudoun had properties like that. I still don't think it's worth that much though. I'd argue it's worth $1.8 mil max and if it had a pool it would be more reasonable.


+1 to ALL this. It's still Leesburg. It's far out. Not appealing to people who need to commute, and not appealing to people who want to be away from it all because it's still a McMansion. In Leesburg.


You realize people commute to lots of places and there are many job centers in the area that are not DC, right?
Anonymous
Anonymous wrote:I think it’s funny every time a listing like this comes up, the DCUM crew who think they’re so wealthy and privileged hyperventilate about why someone would pay to live “SO FAR!!”.

The entire market of western loudoun and adjacent areas is filled with large houses on large pieces of land and owned by people who have lots of money and don’t have to work in the same way DC-centric office drones need to, if they have to work at all.

But to all the inside the beltway drones, these people can’t possibly be spending much on real estate because where does their money come from if they don’t work in a building in DC upstairs from a Chopt?

Wait till you learn there are properties that cost 10x this much.

The real money in the region lives in western Loudoun and they don’t care if you think they live far away and they’re unconcerned with what your commute would be if you lived where they do. To them, the people who are tied to their offices have the lowest quality of life and they can’t understand why anyone would pay millions to be on a 2000sf lot.


My DH and I both work fully remote and we still chose to be inside the beltway in a walkable neighborhood close to metro. Lots of my neighbors are the same. There’s plenty of money close-in and we’re not tied to some office building in DC (hence the dwindling commercial real estate market).

I can’t understand why anyone would pay to live in a McMansion on a plot of land in exurban sprawl (I am someone who needs mature trees and a good coffee shop to walk to).

To each their own, tell all the people in $3M+ homes in Arlington, McLean, Georgetown, CC, Bethesda etc. that the “real money” is practically out in WV.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I live about 5 minutes away and this home is egregiously overpriced. Yes, it's a great home on a nice piece of property but it's not worth 2million.

You can buy a home on 10 acres in Leesburg relatively updated with nice mountain views for about 1.5-1.6.

Leesburg is far out but the downtown combined with hunt country being 5 minutes away makes it super appealing.



Citation please


https://www.zillow.com/homedetails/18463-Rustling-Woods-Ct-Leesburg-VA-20175/121711811_zpid/

https://www.zillow.com/homedetails/40058-Stagecoach-Ln-Leesburg-VA-20175/12417416_zpid/

This is just 2 properties that sold within the past year for that exact price range on 10 acres. One even has a pool.


Rustling Woods is 1,200 square feet smaller.
Stagecoach Lane is 2,400 square feet smaller and only has 4 bedrooms. It is also 16 years older.

Not sure those are exact comps.

Anonymous
Anonymous wrote:
Anonymous wrote:I think it’s funny every time a listing like this comes up, the DCUM crew who think they’re so wealthy and privileged hyperventilate about why someone would pay to live “SO FAR!!”.

The entire market of western loudoun and adjacent areas is filled with large houses on large pieces of land and owned by people who have lots of money and don’t have to work in the same way DC-centric office drones need to, if they have to work at all.

But to all the inside the beltway drones, these people can’t possibly be spending much on real estate because where does their money come from if they don’t work in a building in DC upstairs from a Chopt?

Wait till you learn there are properties that cost 10x this much.

The real money in the region lives in western Loudoun and they don’t care if you think they live far away and they’re unconcerned with what your commute would be if you lived where they do. To them, the people who are tied to their offices have the lowest quality of life and they can’t understand why anyone would pay millions to be on a 2000sf lot.


My DH and I both work fully remote and we still chose to be inside the beltway in a walkable neighborhood close to metro. Lots of my neighbors are the same. There’s plenty of money close-in and we’re not tied to some office building in DC (hence the dwindling commercial real estate market).

I can’t understand why anyone would pay to live in a McMansion on a plot of land in exurban sprawl (I am someone who needs mature trees and a good coffee shop to walk to).

To each their own, tell all the people in $3M+ homes in Arlington, McLean, Georgetown, CC, Bethesda etc. that the “real money” is practically out in WV.


We get that you "don't understand it." It's clear you don't understand a lot of things. But it's amusing you think your opinion is valid. This is often the case with people who are usually wrong but rarely in doubt, however. Stands to reason.

BTW, the house posted isn't a "McMansion." That's an actual mansion. A lot of the properties out here are.

This is where the old money is. People here aren't wage slaves. We also have mature trees and ... shhhhh ... cawfee. We also have wineries, breweries, mountains, axe throwing venues, charming towns with old fashioned main streets. We have ethnic restaurants and professional sports. All the things. And many things you cannot find closer in.
Anonymous
Anonymous wrote:
Anonymous wrote:I think it’s funny every time a listing like this comes up, the DCUM crew who think they’re so wealthy and privileged hyperventilate about why someone would pay to live “SO FAR!!”.

The entire market of western loudoun and adjacent areas is filled with large houses on large pieces of land and owned by people who have lots of money and don’t have to work in the same way DC-centric office drones need to, if they have to work at all.

But to all the inside the beltway drones, these people can’t possibly be spending much on real estate because where does their money come from if they don’t work in a building in DC upstairs from a Chopt?

Wait till you learn there are properties that cost 10x this much.

The real money in the region lives in western Loudoun and they don’t care if you think they live far away and they’re unconcerned with what your commute would be if you lived where they do. To them, the people who are tied to their offices have the lowest quality of life and they can’t understand why anyone would pay millions to be on a 2000sf lot.


My DH and I both work fully remote and we still chose to be inside the beltway in a walkable neighborhood close to metro. Lots of my neighbors are the same. There’s plenty of money close-in and we’re not tied to some office building in DC (hence the dwindling commercial real estate market).

I can’t understand why anyone would pay to live in a McMansion on a plot of land in exurban sprawl (I am someone who needs mature trees and a good coffee shop to walk to).

To each their own, tell all the people in $3M+ homes in Arlington, McLean, Georgetown, CC, Bethesda etc. that the “real money” is practically out in WV.


+1
They must not care about travel much. Oh wait they all have their own little John Denver airplanes parked at the local hanger I guess.
Anonymous
Anonymous wrote:
Anonymous wrote:$2.2m and you have to give your neighbor an easement across your property and a road you probably have to help maintain.

No thanks.



Ha! Didn't even realize that. Beyond me why the developer carved the land up like that.


Probably because the house that has the easement didn't want to pay for it. Wouldn't surprise me at all if that house is part of the original family that owned the farmland before it was carved up into McMansion McFarmlets. That is a spite property line.

Anonymous
Anonymous wrote:
Anonymous wrote:I think it’s funny every time a listing like this comes up, the DCUM crew who think they’re so wealthy and privileged hyperventilate about why someone would pay to live “SO FAR!!”.

The entire market of western loudoun and adjacent areas is filled with large houses on large pieces of land and owned by people who have lots of money and don’t have to work in the same way DC-centric office drones need to, if they have to work at all.

But to all the inside the beltway drones, these people can’t possibly be spending much on real estate because where does their money come from if they don’t work in a building in DC upstairs from a Chopt?

Wait till you learn there are properties that cost 10x this much.

The real money in the region lives in western Loudoun and they don’t care if you think they live far away and they’re unconcerned with what your commute would be if you lived where they do. To them, the people who are tied to their offices have the lowest quality of life and they can’t understand why anyone would pay millions to be on a 2000sf lot.


My DH and I both work fully remote and we still chose to be inside the beltway in a walkable neighborhood close to metro. Lots of my neighbors are the same. There’s plenty of money close-in and we’re not tied to some office building in DC (hence the dwindling commercial real estate market).

I can’t understand why anyone would pay to live in a McMansion on a plot of land in exurban sprawl (I am someone who needs mature trees and a good coffee shop to walk to).

To each their own, tell all the people in $3M+ homes in Arlington, McLean, Georgetown, CC, Bethesda etc. that the “real money” is practically out in WV.


You’re ignorant. That’s ok. Don’t come out here. No one wants to see you.
Anonymous
I’m one of the western loudoun PPs….

Look the house is ugly, most of us out here have fought for years to keep them out. It is on an old farm property that was chopped up and sold for parts.

The reason it is so expensive is that it’s the cheapest 7k sf house around. It’s also not super cheap on the inside like most of the subdivisions. If this house were in Creighton Farms it would be 5 or 6 million dollars.

The people looking for a legit country house aren’t going to buy this. This house is for exurban people going to manage an IT consultant team somewhere in Eastern Loudoun.

Nothing is selling right now, so maybe it’s overpriced. But I wouldn’t be surprised if it’s under contract by Memorial Day.
Anonymous
I'd turn most of that giant lawn into a no mow meadow. I can't imagine what it must cost to mow that space. Then again, I can't afford a 2 million dollar house, either.
post reply Forum Index » Real Estate
Message Quick Reply
Go to: