tomo logo

$2,900,000

Beds
5
Baths
5.5
sq ft
3,340

294 Freshwater Cove Ln, Lovingston, VA 22949

294 Freshwater Cove Ln

LOVINGSTON, VA 22949

  • 2 days on market
Discover Red Hill Bed and Breakfast – A Timeless Escape in Lovingston, Virginia Nestled on 36 picturesque acres, Red Hill Bed and Breakfast is a captivating colonial home, originally built in 1835 and beautifully renovated in 2021. With approximately 3,340 square feet of luxurious living space, this enchanting estate features oak hardwood floors, a gourmet kitchen, and elegantly appointed rooms adorned with artwork and antique furnishings—all of which convey with the property. This exceptional offering also includes the sale of a turnkey business, allowing you to step right into a successful operation. Enhancing the appeal, a negotiable 2,280 square foot prefab modular home awaits, featuring four bedrooms, 2.5 baths, an open floor plan, dual heating units, and a spacious back deck. The master suite boasts a huge walk-in shower with grab bars and double vanity sinks, while an outdoor shed adds convenience. Additionally, the property features a charming 900 square foot cottage, complete with a full bathroom and kitchen. With horses and farm animals welcome, the expansive grounds provide an ideal environment for animal lovers and those seeking a taste of country living. As you step onto the grounds, you're greeted by stunning mountain views, rolling hills, and starry skies, creating the ultimate backdrop for romantic getaways, private dinners, weddings, and unforgettable events. Experience the perfect blend of Victorian charm and modern comfort in a serene setting where every corner radiates tranquility. Make your dreams a reality at Red Hill, where luxury meets history in the heart of Virginia.

Details

Property type

Single Family Residence

Est. home value

$655,056

Lot size

37.0 acres

Price per sq ft

$869

Year built

1835

Annual property taxes

$2,814

HOA

No

Price History

10/04/2024
Bright

Bright #VANL2000412

Listed
$2,900,000
+504.17%
11/05/2020
CharlottesvilleVA

CharlottesvilleVA #600498

Sold
$480,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

NELSON COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Waterstone Mortgage Corp

Loan start date

November 2020

Original loan amount

$432,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Purchase Money Mortgage

Seller

Herbert Kerschbaumer and Dorothy Mergner

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: 10/06/2024 at 8:40 AM

Listing updated: 10/04/2024 at 6:36 PM

Listed by: Krystle Smith, CENTURY 21 New Millennium Phone #: (540) 825-1613

MLS: Bright #VANL2000412

Bright logo

Recently listed in LOVINGSTON

tomo logo
  • © 2024 Tomo Real Estate
  • 1424 11th Ave, Suite 201, Seattle, WA 98122
  • (404) 738-5385

Resources

BlogTomo Mortgage

Disclaimers

mls-logo

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Tomo Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2024 Bright MLS. All rights reserved.