NOT LISTED FOR SALE

18050 Tranquility Rd Purcellville, VA 20132

Estimated Value: $2,537,476

6 Beds
6 Baths
4,133 Sq Ft
$614/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $2,860,000 $692 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $15,058/month

339 Days on Market

Highlights

  • Additional Residence on Property
  • Horse Facilities
  • Indoor Arena
  • Woodgrove High School Rated A
  • Barn
  • Private Pool

About This Home

As of February 2021

Please note: sales price does not reflect market value. Otium Cellars offers a fantastic opportunity to be part of Virginia's exciting and thriving wine industry. With stunning views of the Blue Ridge foothills, it is only a 45-minute drive to Washington D.C. In addition to the scenic, peaceful vistas, the winery and its vineyards are situated on ideal soils with moderate elevations, excellent drainage and in a temperate climate that nurtures the grapes into intense, complex wines. Adding to the charm of these 40 acres is Goose Creek which originates from clear mountain springs and meanders through the property on its way to the Potomac. The property is true to its name - "Otium" is the Latin word for tranquility, leisure, resting. Suitably, the property is located on Tranquility Road. Otium Cellars is the winery portion of Goose Creek Farms and Winery, a private equestrian facility dedicated to boarding horses. The equestrian facilities include an 18,800 square foot indoor riding arena with 8 stalls, office, dressing room, and wash rack. The combination of the two lend to the property's picturesque, postcard views and create a rare and beautiful offering - two business potentials, one property. The charming and historic Purcellville old town area is close by. Originally settled in 1764, much of Virginia's history is preserved here. Historic charm, natural beauty and the close proximity to the nation's capital make this area a coveted location. The new owner will step into a winery with a solid reputation. By combining the distinctive terroir with the old German, Franconian tradition of wine-making, Otium Cellars has produced some of the finest wines in Virginia wine country. The winery has a loyal following of wine connoisseurs who appreciate the wines created with Austrian and German varietals. Dornfelder and Lemberger, as well as the more traditional Chardonnay and Pinot Gris, are a few of the premium quality varietals enjoyed by Otium Cellars customers. A main residence with more than 5,000 square feet and swimming pool, and detached guest house, are part of this offering. The 40 acres of Goose Creek Farms and Winery are set on a peaceful hillside. The winery, tasting and event venues, the vineyards, horse facilities and residences will bestow an extraordinary lifestyle for the new owner and superlative experiences for the guests. Goose Creek Farm and Winery, and surrounding properties are protected by a Loudoun county open space easement.

Last Agent to Sell the Property

Roy Melloni

(703) 863-0077 rmelloni@ttrsir.com TTR Sothebys International Realty Listed on: 07/23/2019

TTR Sothebys International Realty

Last Buyer's Agent

David Poole

(703) 362-0895 astuterealtor@gmail.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,119

Year Built

  • Built in 1995

Lot Details

  • 39.77 Acre Lot
  • Partially Fenced Property
  • Private Lot
  • Open Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned AR-1

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Driveway

Property Views

  • Pond
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Metal Roof
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Fireplace
  • Basement Fills Entire Space Under The House
  • Home Security System

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Pond
  • Stream or River on Lot
  • Enclosed Patio or Porch
  • Gazebo

Additional Homes

  • Additional Residence on Property

Farming

  • Barn
  • Vineyard
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Indoor Arena
  • Stables
  • Arena
  • Riding Ring

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 557306646000

Community Details

Overview

  • No Home Owners Association
  • Purcellville Subdivision

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,119

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Habitable Residence: Yes
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Goose Creek Farm and Winery to include winery/tasting room and furnishings, production and vineyard equipment, tanks, barrels, vineyard and approximately 3,500 cases (42,000 bottles) of Otium's Cellars wine.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 12443
  • Living Area Sq Ft: 4133
  • Price Per Sq Ft: 845.63
  • Above Grade Finished Sq Ft: 4133
  • Above Grade Unfinished Sq Ft: 8310
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House, Barn/Stable, Garage(s), Horse Stable, Indoor Arena, Gazebo, Barn
  • Construction Materials: Masonry
  • Pool Features: Fenced
  • Roof: Metal
  • View: Scenic Vista, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available, Propane, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Agricultural District: Open Space Easement
  • Crops Included: No
  • Cultivated Acreage: 6.00
  • Farm Land Area Units: Acres
  • Farm Operation: Vineyard, Horse
  • Fencing: Partially
  • Horse Amenities: Arena, Horses Allowed, Paddock, Riding Ring, Stable(s)
  • Improvement Assessed Value: 1086720.00
  • Land Assessed Value: 180910.00
  • Lot Features: Backs To Trees, Cleared, Open, Pond, Private, Stream/Creek
  • Lot Size Acres: 39.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1732381.00
  • Outdoor Living Structures: Patio(s), Enclosed
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16517533
  • Tax Annual Amount: 13119.00
  • Assessor Parcel Number: 557306646000
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Feb 11, 2021
Sold by
18050 Tranquility Road Llc
Bought by
Draksha Llc
Seller's Agent
Roy Melloni
TTR Sothebys International Realty
Buyer's Agent
David Poole
Berkshire Hathaway HomeServices PenFed Realty
List Price
$3,495,000
Sold Price
$2,860,000
Premium/Discount to List
-$635,000
-18.17%
Current Estimated Value
$2,537,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$322,524
Avg. Annual Appreciation
-2.45%

Purchase Details

Closed on
May 22, 2020
Sold by
Bauer Gerhard H
Bought by
18050 Tranquility Road Llc

Purchase Details

Closed on
Feb 10, 1995
Sold by
Franklin Family Lp
Bought by
Bauer Gerhard H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Draksha Llc $1,890 First American Title
18050 Tranquility Road Llc $2,900,000 None Available
Bauer Gerhard H $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $2,860,000 -18.2% $692 / Sq Ft
01/15/2021 01/15/21 For Sale $3,495,000 +22.2% $846 / Sq Ft
01/05/2021 01/05/21 Off Market $2,860,000 -- --
12/03/2020 12/03/20 For Sale $3,495,000 +22.2% $846 / Sq Ft
10/30/2020 10/30/20 Off Market $2,860,000 -- --
06/29/2020 06/29/20 For Sale $3,495,000 0.0% $846 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
03/22/2020 03/22/20 Price Changed $3,495,000 0.0% $846 / Sq Ft
03/22/2020 03/22/20 For Sale $3,495,000 +22.2% $846 / Sq Ft
03/13/2020 03/13/20 Off Market $2,860,000 -- --
03/12/2020 03/12/20 For Sale $3,950,000 +38.1% $956 / Sq Ft
01/19/2020 01/19/20 Off Market $2,860,000 -- --
11/04/2019 11/04/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $3,950,000 0.0% $956 / Sq Ft
04/25/2019 04/25/19 Rented $2,920 +21.7% --
03/12/2019 03/12/19 For Rent $2,400 +37.1% --
08/13/2018 08/13/18 Rented $1,750 0.0% --
08/10/2018 08/10/18 Under Contract -- -- --
08/02/2018 08/02/18 For Rent $1,750 +16.7% --
03/15/2016 03/15/16 Rented $1,500 0.0% --
03/05/2016 03/05/16 Under Contract -- -- --
02/18/2016 02/18/16 For Rent $1,500 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,005 $2,609,370 $285,910 $2,323,460
2024 $22,820 $2,638,190 $305,910 $2,332,280
2023 $14,972 $1,711,070 $245,910 $1,465,160
2022 $14,928 $1,677,300 $230,910 $1,446,390
2021 $16,415 $1,888,610 $414,500 $1,474,110
2020 $13,120 $1,481,220 $394,500 $1,086,720
2019 $13,027 $1,460,170 $394,500 $1,065,670
2018 $13,661 $1,472,690 $394,500 $1,078,190
2017 $13,799 $1,440,210 $394,500 $1,045,710
2016 $14,193 $1,239,570 $0 $0
2015 $14,078 $1,240,340 $180,910 $1,059,430
2014 $11,473 $993,370 $165,910 $827,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO390788

Bright MLS

APN: 557-30-6646