275 Lake Forest Drive, Fredericksburg, VA 22406 - Photo 1

1/1

$399,000

Sold
Closed
Single Family
4,006 Sq. Ft.

1/1

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.

Full Property Details

Full Property Details for 275 Lake Forest Dr

General

Sold For: $399,000
HOA FEE: $65/month
HOA FEE FREQ.: Annually
Taxes: $2,618 (2022)
Status: Closed
Type: Single Family
Source: BrightMLSMidAtlantic
MLS ID: VAST2021056
Added to Site: 1, 064 day(s) ago

Interior

Fireplace: Yes
Number of Fireplaces: 2
Fireplace(s): Wood, Wood

Parking

Parking Type: Driveway

Location

County: Stafford
Development Name: Abel Lake Forest
Subdivision: Abel Lake Forest
Driving Directions: I-95 TO EX 140 WEST ON 630 TO LEFT ON RAMOTH CHURCH RD, R KELLOGG MILL, CROSS 627 TO LEFT ON LAKE FOREST DRIVE. There is a gate shown in MLS pictures, this is the entry. The driveway is long so the house isn't visible from the street. You can GPS the street and look for the gate and my sign.
Location Details: Lake

School Information

School District: Stafford County Public Schools
Elementary School: Margaret Brent
Middle School: Edward E. Drew
High School: Colonial Forge

Community

Association: Yes
Assoc. Name: ALF POA

Heating & Cooling

Cooling Type: None
Cooling Fuel: Electric
Heating Type: None
Water Heater: None

Utilities

Sewer: No Septic System
Water: None

Structural Information

Architectural Info: Log Home
Architectural Style: Log Home
Structure Type: Detached
Construction: Log
Basement: Yes
Basement Desc.: Walkout Level, Unfinished
Foundation: Block
Roof: Metal
Stories/Levels: 0
Stories Description: Main
Square Feet: 4,006
Sq. Ft. Source: Estimated
Unfin. Above Grnd: 3,106 Sq. Ft.
Year Built: 2009
Year Built Source: Assessor
Property Condition: Below Average

Lot Features

Property View: Creek/Stream, Lake
Lot Size (Acres): 10
Lot Size (Sq. Ft.): 435,687
Lot Size Source: Assessor
Lot Features: Backs to Trees, Premium, Private, Rural, Trees/Wooded
Zoning: A1
Lot Description: Backs to Trees, Premium, Private, Rural, Trees/Wooded

Water Features

Water Front: Yes
Water View: Yes
Water Access: Yes
Water Access Desc: Fishing Allowed
Water Front Type: Lake

Financial Considerations

Association Fee: $781
Assoc Fee Freq.: Annually
Assessment Year: 2022
City/TownTax Freq: Annually
County Tax: $2,618
County Tax Freq: Annually
Tax w/Assessment: $308,000
Tax Amount: $2,618
Tax Year: 2022
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 3106

Disclosures and Reports

Ownership: Fee Simple

Listed by Coldwell Banker Elite, Kevin M Breen
Sold by Cr8tive Realty, LLC, Robyn Harvey

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Listing agent

— 275 Lake Forest Dr —

Kevin M Breen

Coldwell Banker Elite

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Schools

Schools serving 275 Lake Forest Dr

School District:Stafford County Public Schools

Name	Grades	Distance
Margaret Brent Elementary School, Stafford, VA 2125 Mountain View Road, Stafford, VA 22556	K-5	3.9 mi
Rodney E. Thompson Middle School 75 Walpole Street, Stafford, VA 22554	6-8	3.4 mi
Mountain View High School, Stafford, VA 2135 Mountain View Road, Stafford, VA 22556	9-12	3.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 275 Lake Forest Dr

Date

Details

Price

Change

Source

6/02/2023

Sold

$399,000

—

MLS

5/16/2023

Listed

$399,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
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Total Baths

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3
Beds
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Total Baths
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2
Beds
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Beds
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Beds
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Total Baths
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Single Family
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Beds
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Total Baths
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275 Lake Forest Drive, Fredericksburg, VA 22406 (MLS# VAST2021056) is a Single Family property that was sold at $399,000 on June 02, 2023. Want to learn more about 275 Lake Forest Drive? Do you have questions about finding other Single Family real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

275 Lake Forest Dr Fredericksburg, VA 22406