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$1,165,000

Beds
1
Baths
2.0
sq ft
1,163

19205 Dunlop Mill Rd, Leesburg, VA 20175

19205 Dunlop Mill Rd

LEESBURG, VA 20175

  • 5 days on market
    • Open house Oct 06
Tucked along the banks of Sycolin Creek in western Loudoun County is this one-of-a-kind hidden gem called Nixon’s Mill. Anchoring this property is a beautifully restored grist mill along with a charming stone Miller’s Cottage. One of only three remaining intact water driven mills in Loudoun County, Nixon’s Mill was originally built by George Nixon back in 1777. This 5+ acre parcel was once a part of the larger farm called Woodburn, previously owned by international ballet dancer Rudolph Nureyev until 1996. Wonderful views of both Woodburn’s elaborate brick barn and the original patent house can be seen across the creek. The stone Miller’s cottage was built 10 years after the mill in 1787 to house the mill operator and sadly was uninhabitable when the owner bought the property. It has been lovingly restored blending upscale modern conveniences while respecting the historical integrity of the home. This one bedroom, two-bathroom cottage has been preserved and yet revitalized with a new metal roof, rebuilt front porch, new kitchen with custom oak cabinetry created by a local artisan and high-end appliances to include Bosch, Sub-Zero, gas Heartland cooking stove, Herbeau faucet and handmade copper sink. The primary bath was fully updated and all new systems were installed to include a ductless mini-split for AC, new furnace and whole house water filtration system. The over 4,600 square foot mill - on three levels - was also in serious disrepair and the owner added electricity, a new metal roof, restored damaged roof beams, the frame siding, windows, new doors, paint and added concrete flooring to the main level. The first floor still has the original stalls for livestock, a preserved old mill wheel and space in the aisle to park a car or 2 and serve as a garage of sorts. This old mill has so many possibilities for a new owner - to be used as a guest dwelling or make it the primary residence. The owner did the hard work of finding an additional 3-bedroom septic site on the property. (See permit in Documents section). Zoned AR1 and with no historic restrictions, the property can function as a bed & breakfast, antique or craft shop, art studio or gallery and so much more. Other improvements to the property include a new circular driveway with fresh gravel, a cleared path to the back end of the property and meticulous care has been taken of the mature trees - to include one iconic Magnolia that shelters the cottage. If you are searching for a weekend place or just looking to downsize – come see Nixon’s Mill which offers a private setting in the country - yet is only minutes to several local wineries, historic Oatlands, downtown Leesburg and 20 minutes to Dulles International Airport.

Details

Property type

Single Family Residence

Est. home value

$1,123,790

Lot size

5.17 acres

Price per sq ft

$1,002

Year built

1777

Annual property taxes

$5,954

HOA

No

Price History

10/03/2024
Bright

Bright #VALO2080614

Listed
$1,165,000

Schools & Community

Elementary school: 

EVERGREEN MILL

Middle school: 

J. L. SIMPSON

High school: 

LOUDOUN COUNTY

School district: 

LOUDOUN COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$941,258
Asking price
$1,165,000
Closing costs (~8% of asking)
-$93,200
Est. remaining loan balance
-$130,542
Cash to seller
$941,258

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ditech Financial Llc

Loan start date

September 2017

Original loan amount

$220,500

Est. remaining balance

$130,542

Interest rate

3.18%

Loan type

New Conventional, 15 year

Seller

Sharon G Barrett

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 1:25 AM

Listing updated: 10/03/2024 at 12:37 AM

Listed by: Cricket Bedford, Thomas and Talbot Estate Properties, Inc. Phone #: (540) 687-6500

MLS: Bright #VALO2080614

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