2021 Most Expensive Homes Sold in Loudoun
We’ve been following the luxury market in Loudoun on our blog since 2010, writing yearly wrap-ups of the most expensive homes sold. (I even wrote about it for the Washington Post’s real estate column.) Despite our title as the ‘richest county in the country‘ by household income, Loudoun County doesn’t have a ton of ultra-high priced homes here. Between 2010 to 2019, we averaged just 9.5 home sales a year priced over $2 million. However, the past two years have created seismic shifts in the real estate market here.
The Loudoun Luxury Market Is Redefined
At the close of 2020 I was stunned by the performance of the luxury market, when 374 homes sold over the $1 million price point- a 70% increase over 2019. In 2021, the market continued full steam ahead, with 883 homes sold above that $1 million price threshold. Yes, you read that right. Nearly 2 and a half times as many homes as the year before. Obviously, the average sale price in Loudoun is on the rise; Bright MLS, our multiple listing service, is reporting that number at $682,187, an 11% increase from 2020. I think going forward the $1 million mark just isn’t the threshold for true luxury properties in most of the county. Even looking at the $2 million+ segment, we jumped from 30 homes sold in 2020 (up from just 13 in 2019) to 50 in 2021.
The price threshold to make our top five most expensive homes list keeps on going up. And you came for the houses not the stats, right? So here’s the top of the market for Loudoun County last year. Without further analysis and ado, here are the five most expensive homes that sold in Loudoun County in 2021:
#5: 12138 Harpers Ferry Rd, Purcellville: $4,350,000
Every property on this year’s list has significant acreage, and this one is a 215 acre winery estate. The brick manor home, built in 1978 and renovated in 1996, includes 5 bedrooms, 3 full and 2 half bathrooms, 4 fireplaces, and a dining room that can seat 20 people. The property also boasts a unique man made winery cave, a multipurpose winery building, 3 other storage buildings for the winery and vineyard operations, a 1600 square foot patio, four ponds with three docks, and miles of hiking or ATV trails. The 29 ‘meticulously maintained acres of premium noble grapes’ have yielded more than 175 medals in prestigious international wine competitions. Mark Malick from Hunt Country Sotheby’s International Realty represented the listing side, and Heather Dibble of C21 New Millennium represented the buyer.
#4: 22876 Foxcroft Rd, Middleburg: $4,425,000
Just a mile from Middleburg, Glenbrook is a traditional stone manor home sited on a 22 acre parcel. Built in 1930, it was renovated in 2000 to give it all of the modern luxuries. The home has 6 bedrooms, a first floor bedroom suite, home office, family room, formal living and dining rooms, a garden room, four car garage, and generator. The stone two story carriage house can be used for an additional apartment or office. The home has a pool and pool house, as well as horse facilities that include seven fields, four run-in sheds, a large six stall barn, a two stall barn, and a one bedroom tenant house. The estate was even featured on the Virginia Historic Garden tour. The buyer was represented by John Coles of Thomas and Talbot Estate Properties Inc., and Chris Malone of The Plains Real Estate Company represented the seller.
#3: 35633 Snickersville Turnpike, Purcellville: $5,350,000
Third on our list is another western Loudoun historic home. Fieldstone Farm was built in 1810 and is surrounded by a 94 acre estate that includes pastures, mature trees, and two natural spring fed ponds. Made of stone, the home has a notable flagstone family room with a massive stone fireplace, wet bar and an expansive wall of windows with a view of the Blue Ridge Mountains. The house has 4 bedrooms, 3 full and 3 half baths, and more than 6,800 square feet of finished space. There is also a one bedroom stone cottage on the property, a new pool, mature perennial gardens, numerous outbuildings and extensive horse facilities. The home was listed for sale by Mary Ann McGowan of Thomas and Talbot Estate Properties, Inc., and Will Thomas of TTR Sotheby’s International Realty represented the purchaser.
#2: 22282 Catesby Farm Ln, Middleburg: $5,500,000
Coming in as the 2nd most expensive sale is Catesby Farm, an 11,000 square foot Georgian Manor home in Middleburg. (Is there a correlation between properties being named and the more expensive the sale price?) The completely updated home has seven bedrooms, seven and a half bathrooms, seven fireplaces, a flagstone patio, and formal gardens. The 167 acre property includes a 30 stall stable with two apartments, a four bedroom guest house, four car garage with office, four recently restored tenant houses, a large spring fed pond, a skeet range, a pool, and tennis courts. The home was listed by Paul MacMahon of Sheridan-MacMahon, Ltd., and he also represented the purchaser.
And the most expensive home sold in Loudoun in 2021?
#1: 40860 Browns Ln, Waterford: $6,000,000
The Brown Family Estate, on 423 acres in Waterford, sold in September and was marketed as “one of the largest remaining tracts of land in Loudoun County.” While the original manor home from 1700 is still standing, it is in need of major restoration or renovation. Per the listing, a 2012 study commission showed that “under the current by-right zoning this property could hold an 84 home development.” The AR-1 zoning could allow for use as a bed and breakfast, conference center, church, winery, or more. The property also has recurring revenue from a cell tower placed there. Lou Casciano of Pearson Smith Realty represented the seller, and Janeen Marconi of Hunt Country Sotheby’s International Realty represented the purchaser. Several news articles have reported that the new owner is Chuck Kuhn, owner of JK Moving Services, and that he plans to put the land into conservation easement to prevent future development.
There are currently 22 homes on the market in Loudoun priced at $2 million and up, including a $9,500,000 home in Upperville on 160 acres, a stunning home in Grenata that we thought was going to make last year’s list (but the contract fell out,) as well as a sampling of homes in Creighton Farms and other estate homes in western Loudoun. Which is your favorite?
View All Loudoun Luxury Homes