40246 Thomas Mill Rd
Leesburg, VA 20175
- 3 Beds
- 3 Baths
- 2,621 sqft (on 4.98 acres)
3 Beds
3 Baths
2,621 sqft
(on 4.98 acres)
Local Information
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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 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.
Home Highlights
Parking
10 Open Spaces
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$277
Listed
73 days ago
Home Details for 40246 Thomas Mill Rd
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Interior Details Basement: Finished,Walk-Out AccessNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 2621 Square Feet |
Appliances & Utilities Appliances: Microwave, Refrigerator, Dishwasher, Cooktop, Dryer, Washer, Electric Water HeaterDishwasherDryerLaundry: Lower LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Baseboard,OilHas CoolingAir Conditioning: Window Unit(s),Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Brick, Wood BurningHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Hardwood, Vinyl, Tile/Brick |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: NoneFloors: Hardwood, Vinyl, Tile Brick |
View No View |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: PatioFencing: WireOther Structures: Above Grade, Below GradeFoundation: BlockNo Private Pool |
Parking & Garage Open Parking Spaces: 10No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 10Parking: Driveway |
Pool Pool: None |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: On Site Septic |
Farm & Range Not Allowed to Raise Horses |
Finished Area Finished Area (above surface): 1621 Square FeetFinished Area (below surface): 1000 Square Feet |
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Days on Market: 73 |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Ranch/Rambler |
Building Construction Materials: MasonryNot a New ConstructionNo Additional Parcels |
Property Information Condition: Good, Average, Below Average, FixerParcel Number: 310373097000 |
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Price List Price: $725,000Price Per Sqft: $277 |
Status Change & Dates Off Market Date: Wed Jun 03 2026Possession Timing: Close Of Escrow |
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MLS Status: PENDING |
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Direction & Address City: LEESBURGCommunity: None Available |
School Information Elementary School: CatoctinElementary School District: Loudoun County Public SchoolsJr High / Middle School: J. L. SimpsonJr High / Middle School District: Loudoun County Public SchoolsHigh School: Loudoun CountyHigh School District: Loudoun County Public Schools |
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Listing Agent Listing ID: VALO2118796 |
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Building Area Building Area: 2621 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 4.98 Acres |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To Sell |
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Business Information Ownership: Fee Simple |
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BasementMls Number: VALO2118796Above Grade Unfinished Area: 1621 |
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Source Internet Entire Listing Display: Y |
Last check for updates: about 14 hours ago
Listing courtesy of Paul Herrick, (703) 544-7887
Real Broker, LLC
Source: Bright MLS, MLS#VALO2118796

Also Listed on Bright MLS.
Market trends in Leesburg
Last updated April 2026
Avg. sale price
$741K $11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$291 $1MoM
Available listings
225 37MoM
Price History for 40246 Thomas Mill Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 06/03/2026 | $725,000 | Pending | Bright MLS #VALO2118796 |
| 06/03/2026 | $725,000 | ListingRemoved | Bright MLS #VALO2118796 |
| 05/29/2026 | $725,000 | PriceChange | Bright MLS #VALO2118796 |
| 03/26/2026 | $750,000 | Listed For Sale | Bright MLS #VALO2118796 |
| 10/05/2018 | $3,500,000 | ListingRemoved | Agent Provided |
| 04/09/2018 | $3,500,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,953 |
| Assessment | $739,560 |
Home facts updated by county records
Comparable Sales for 40246 Thomas Mill Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.73 | Single-Family Home | $799,000 | 03/17/26 | 4 | 2.5 | 2,308 | |
0.56 | Single-Family Home | $1,865,000 | 02/26/26 | 4 | 5.5 | 7,718 | |
0.61 | Single-Family Home | $749,000 | 07/23/25 | 3 | 3 | 1,556 | |
0.39 | Single-Family Home | $2,075,000 | 05/20/26 | 6 | 6.5 | 8,905 | |
0.63 | Single-Family Home | $1,825,000 | 07/16/25 | 5 | 5.5 | 9,466 | |
0.89 | Single-Family Home | $1,999,000 | 11/14/25 | 4 | 5.5 | 6,876 | |
0.88 | Single-Family Home | $1,415,000 | 09/23/25 | 4 | 5.5 | 7,422 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 40246 Thomas Mill Rd.
What Locals Say about Leesburg
At least 421 Trulia users voted on each feature.
90 % Say it's dog friendly
86 % Say there are sidewalks
83 % Say car is needed
77 % Say parking is easy
77 % Say yards are well-kept
75 % Say it's quiet
75 % Say kids play outside
74 % Say people would walk alone at night
73 % Say there's holiday spirit
68 % Say streets are well-lit
59 % Say it's walkable to restaurants
58 % Say there's wildlife
53 % Say neighbors are friendly
51 % Say they plan to stay for at least 5 years
50 % Say it's walkable to grocery stores
46 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Paul Herrick, Real Broker, LLC
Agent Phone: (703) 544-7887

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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
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Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
40246 Thomas Mill Rd, Leesburg, VA 20175 is a 3 bedroom, 3 bathroom, 2,621 sqft single-family home built in 1978. This property is currently available for sale and was listed by Bright MLS on Mar 26, 2026. The MLS # for this home is MLS# VALO2118796.

