40246 Thomas Mill Rd, Leesburg, VA 20175
Local realty services provided by:Better Homes and Gardens Real Estate Premier
Listed by: paul michael herrick
Office: real broker, llc.
MLS#:VALO2118796
Source:BRIGHTMLS
Price summary
- Price:$725,000
- Price per sq. ft.:$276.61
About this home
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....
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Home facts
- Year built:1978
- Listing ID #:VALO2118796
- Added:92 day(s) ago
- Updated:June 27, 2026 at 08:04 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood, Tile/Brick, Vinyl
- Kitchen Description:Built-In Microwave, Dishwasher, Refrigerator, Stove
- Basement:Yes
- Basement Description:Fully Finished, Walkout Stairs
- Living area:2,621 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:Baseboard - Hot Water, Oil
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1978
- Building area:2,621 sq. ft.
- Lot area:4.98 Acres
- Lot Features:Backs - Open Common Area
- Architectural Style:Ranch/Rambler
- Construction Materials:Masonry
- Exterior Features:Patio(s)
- Foundation Description:Block
- Levels:2 Stories
Schools
- High school:LOUDOUN COUNTY
- Middle school:J. L. SIMPSON
- Elementary school:CATOCTIN
Utilities
- Water:Well
- Sewer:On Site Septic
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$276.61
- Tax amount:$5,953 (2026)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Ceiling Fan(s)
Parking
- Parking description:Dirt Driveway
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