Pearson Smith Realty, LLC
Lou Casciano, Pearson Smith Realty, LLC
Email: [email protected]

40860 Browns Lane, Waterford, VA 20197 is now new to the market!

by Lou Casciano 06/05/2020

40860 Browns Lane, Waterford, VA 20197
LandPending
$8,024,270
40860 Browns Lane
Waterford, VA 20197
17,297,676Sq Ft
Est. Mortgage
$41,520/mo

This beautiful 423-acre estate in Waterford, Virginia is a rare opportunity to own one of the largest remaining tracts of land located in the heart of Loudoun County. Known as the Brown Family Estate, this property has its original 1700 manor house still standing, creating a time warp back to earlier centuries and making it a secret getaway from everything around you. This beloved manor house has a lot of potential and could be restored to its previous glory. It is believed that the first Catholic Mass ever to be celebrated in Loudoun County was performed at this estate. The current zoning for the five parcels that make up this estate is an AR-1 which allows flexibility for the future owner.~~A 2012 study commission shows that under the current by-right zoning this property could hold an 84-home development. The AR-1 zoning allows for possibilities such as a Bed and Breakfast, a Conference and Training Center, a church, a Virginia Farm or Winery and more.~~ In addition, the property has a cell tower that provides $44,400 annual revenue. This estate also can be placed into a Permanent Conservation Easement which provides both State and Federal Tax Credits. This historical, unique property has great potential and abounds with opportunity!

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About the Author
Author

Lou Casciano

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