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$730,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 2,621 Sq. Ft.
  • Updated 1 day ago
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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.

Full Property Details for 40246 Thomas Mill Rd

General

  • Sold For: $730,000
  • Taxes: $5,953 (2026)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: VALO2118796
  • Added to Site: 109 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Brick, Wood
  • Appliances: Built-In Microwave, Refrigerator, Dishwasher, Stove, Dryer, Washer
  • Flooring: Hardwood, Vinyl, Tile/Brick

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Baths: 2
  • Main - Full Baths: 2
  • Lower Floor Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Other Rooms

  • Laundry: Lower Floor

Exterior

  • Porch/Patio/Deck: Patio(s)

Parking

  • Total Spaces: 10
  • Parking Features: Dirt Driveway
  • Parking Type: Driveway

Location

  • County: LOUDOUN
  • Cross Streets: Dry Mill Road
  • Driving Directions: From Route 7 near Clarks Gap, turn right onto Dry Mill Rd and continue straight for several miles. Then, make a right turn onto Thomas Mill Rd and follow it until you reach 40246 Thomas Mill Rd, which will be on your right.
  • Direction Faces: South

School Information

  • School District: Loudoun County Public Schools
  • Elementary School: Catoctin
  • Middle School: J. L. Simpson
  • High School: Loudoun County

Community

  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Oil
  • Water Heater: Electric

Utilities

  • Sewer: On Site Septic
  • Water: Well

Structural Information

  • Architectural Style: Ranch/Rambler
  • Structure Type: Detached
  • Construction: Masonry
  • Basement: Yes
  • Basement Desc.: Fully Finished, Walkout Stairs
  • Foundation: Block
  • Roof: Asphalt, Shingle
  • Walls/Ceilings: Dry Wall
  • Stories Description: Lower 1, Main
  • Square Feet: 2,621
  • Sq. Ft. Source: Estimated
  • Living Area: 2,621 Sq. Ft.
  • Finished Above Grnd: 1,621 Sq. Ft.
  • Finished Below Grnd: 1,000 Sq. Ft.
  • Year Built: 1978
  • Year Built Source: Assessor
  • Property Condition: Good, Average, Below Average, Major Rehab Needed

Unit Information

Unit 1

  • Bathrooms-Lower: 1

Lot Features

  • Lot Size (Acres): 4.98
  • Lot Size (Sq. Ft.): 216,929
  • Lot Size Source: Assessor
  • Street/Road Desc.: Paved
  • Zoning: AR1
  • Lot Description: Backs - Open Common Area
  • Fencing (Description): Wire

Financial Considerations

  • Price Per Sq. Ft.: $447.25
  • Assessment Year: 2026
  • City/TownTax Freq: Annually
  • County Tax: $5,953
  • County Tax Freq: Annually
  • Tax w/Assessment: $775,960
  • Tax Amount: $5,953
  • Tax Year: 2026
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 1621

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Real Broker, LLC, Paul Michael Herrick
Sold by RE/MAX Gateway, LLC, Kathleen Stakem

Listing agent

— 40246 Thomas Mill Rd —

  • Paul Michael Herrick

    Real Broker, LLC

Listing Office Email: dmvbroker@therealbrokerage.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40246 Thomas Mill Rd

School District:Loudoun County Public Schools
NameGradesDistance
Catoctin Elementary School
311 Catoctin Circle Southwest, Leesburg, VA 20175
PK-52 mi
J. Lupton Simpson Middle School
490 Evergreen Mills Road, Leesburg, VA 20175
6-82.8 mi
Loudoun County High School
415 Dry Mill Road Southwest, Leesburg, VA 20175
9-121.7 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 40246 Thomas Mill Rd

Date
Details
Price
Change
Source
6/30/2026
Sold
$730,000
0.69%
MLS
5/29/2026
Price Reduced
$725,000
-3.33%
MLS
3/26/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Real Broker, LLC, Paul Michael Herrick
Sold by RE/MAX Gateway, LLC, Kathleen Stakem

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40246 Thomas Mill Road, Leesburg, VA 20175 (MLS# VALO2118796) is a Single Family property that was sold at $730,000 on June 30, 2026. Want to learn more about 40246 Thomas Mill Road? Do you have questions about finding other Single Family real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.