Last Sold Price
3 beds2,621 sqft$279/sqft
40246 Thomas Mill Rd, Leesburg, VA 20175

Description

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...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.
LISTING CLOSED: 06/30/2026 12:00 AM

  1. Listed by Paul Michael Herrick • Real Broker, LLC
    P: (703) 544-7887 paul@herrickhomes.com

Property Details for 40246 Thomas Mill Road

Status
MLS #
VALO2118796
Days on Market
68
Taxes
$5,953 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Fee Simple
Year Built
1978
Lot Size
4.98 AC / 216,929 SF
Tax ID Number
310373097000
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Ranch/Rambler
Levels/Stories
2
Waterfront
No
Garage
No
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (LOUDOUN VA)
Cross Street
DRY MILL ROAD
Total Parking Spaces
10
Central Air
No
Basement
Yes
Above Grade Finished SQFT
1,621.00
Above Grade Fin SQFT Source
Assessor
Below Grade Finished SQFT
1,000.00
Below Grade Fin SQFT Source
Estimated
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
1,000.00
Total Below Grade SQFT Source
Estimated
New Construction
No
Building Winterized Y/N
No
Property Condition
Good, Average, Below Average, Major Rehab Needed

Location

Listing Courtesy of Real Broker, LLC

Sold By RE/MAX Gateway, LLC

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Building Information for 40246 Thomas Mill Road

Stories2Year Built1978Building Size-Lot Size4.98 AC / 216,929 SF

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$4,207 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,711

Property Taxes

$496

HOA Dues

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Property Information for 40246 Thomas Mill Road

Location
Location
  • In City Limits: No
  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139189813
  • SchoolDistrictSource: Listing Agent
  • Elementary School: CATOCTIN (LOUDOUN VA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: J. L. SIMPSON (LOUDOUN VA)
  • MiddleSchoolSource: Listing Agent
  • High School: LOUDOUN COUNTY (LOUDOUN VA)
  • HighSchoolSource: Listing Agent
  • County: LOUDOUN
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Property Manager Y/N: No
  • Senior Community: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2026
  • Tax Assessed Value: $775,960
  • Year Assessed: 2026
  • County Tax: $5,953
  • Improvement Assessed Value: $373,260
  • City Town Tax: $0
  • Land Assessed Value: $402,700
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Loss Mitigation Fee: No
  • Historic: No
  • Zoning: AR1
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
All Lower Levels
  • # Bathrooms All Lower Levels: 1
  • # Bathrooms Full All Lower Levels: 1
Lower Level 1
  • # Bathrooms Lower Level: 1
  • # Bathrooms Full Lower Level: 1
Rooms
  • Stories: Lower 1, Main
Building Info
Building Info
  • Total Finished SQFT: 2,621.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 1,621.00
  • Total SQFT: 2,621.00
  • Total SQFT Source: Estimated
  • Main Entrance Orientation: South
  • Construction Materials: Masonry
  • Roof: Asphalt, Shingle
  • Wall and Ceiling Types: Dry Wall
  • Flooring Type: Hardwood, Vinyl, Tile/Brick
  • Basement Type: Fully Finished, Walkout Stairs
  • Foundation Details: Block
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Lower Level 1-1
  • # Bathrooms Full: 3
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Backs - Open Common Area
  • Road Surface Type: Paved
  • Fencing: Wire
  • Parcel ID: 16517733
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 10
  • Parking Features: Dirt Driveway
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Fireplace Features: Brick, Wood
  • Appliances: Built-In Microwave, Refrigerator, Dishwasher, Stove, Dryer, Washer
  • Accessibility Features: None
  • Laundry Type: Lower Floor
Exterior Features
Exterior Features
  • Spa: No
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
  • Horse: No
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Dulles Area Association of REALTORS
  • List Agent URL: www.PaulHerrick.NET

Property History for 40246 Thomas Mill Road

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Closed

BRIGHT #VALO2118796

$730,000
Jun 26, 2026

Closed (Public Record)

Public Record #1943833788

$730,000
Jun 3, 2026

Pending

BRIGHT #VALO2118796

DateEvent & SourcePrice
06/30/2026

Closed

BRIGHT #VALO2118796

$730,000
06/26/2026

Closed (Public Record)

Public Record #1943833788

$730,000
06/03/2026

Pending

BRIGHT #VALO2118796

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40246 Thomas Mill Road

Taxable ValueLand$402,700Additions$336,860Total$739,560
Tax Record2025$5,953 ($496 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,621 SqFtAbove Grade Finished SqFt1,621 SqFtStories1Lot Size216,928 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1985ZoningAR1CountyLOUDOUNAPN310-37-3097-000

Schools near 40246 Thomas Mill Road

This home is within Loudoun County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Catoctin Elementary School
PublicPK to 5

J. Lupton Simpson Middle School
Public6 to 8

Loudoun County High School
Public9 to 12

Hillsboro Charter Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 07/01/2026 08:08 AM