16395 Old Waterford Rd,
Paeonian Springs,
VA
20129
WELCOME TO GREY GOOSE FARM, a magnificent estate with unparalleled views of the CatoctinValley. Enjoy the crisp, vibrant Fall season with views that span across rolling hills to the CatoctinMountains and north into Maryland. Experience both City and Country Living, this 30-acre estate islocated minutes from Historic Leesburg, VA. Please see the ATTACHED THE GREY GOOSEFARM FACT SHEET providing details into the unique amenities and benefits offered ? includingFINANCIAL BENEFITS TO THE BUYER. Download the document or ask your agent. Please reviewthe financial benefits with your CPA or Financial Advisor to confirm applicability to you. THEUNIQUE ASPECTS OF THE ESTATE: A Colonial Style where the MAIN FLOOR opens to a hugeFoyer, Staircase, and Balcony. The oversized Living and Dining Rooms provide for graciousentertaining. The entire back of the home creates an amazing family living/informal entertaining areaby linking the newly renovated Kitchen, Bar and Butler?s Pantry to the Informal Dining Room to theDen with Fireplace ending in the Library/Office. This entire area opens on to a raised deck andValley Views. Up the Foyer Stairs to the SECOND FLOOR. The huge Master Suite continues theviews of the mountains from the bedroom and the large, attached Sitting Room. Also included areskylights, a massive, remodeled Master Bath (heated floor, soaking tub, two showers, vanities, walk-in closets). Follow the Balcony to find 3 additional bedrooms and 2 fully remodeled bathrooms.BASEMENT LEVEL. The remodeled Office/Entertaining Suite opens to a slate patio. It is styled asan apartment with Kitchenette, Living Room w Fireplace, Office, TV Area, Computer Nook, FullBathroom, and lots of Storage. Plus find the Secret Door in the Bonus Room! SAMPLING OFEXTRAS: Solid Oak Hardwood, Crown Molding, Skylights, Wainscotting, Ceiling Fans, GraniteCounters, Marble flooring, Heated Italian Stone flooring, a GENERAC standby generator, and theSecret Door. FINANCIAL BENEFITS to BUYER: Review with your CPA/Financial Advisor forapplicability. Grey Goose is operated as a Registered Farm with State of Virginia and USDA. Hereare a few financial benefits that can accrue to the new owner. 1.) Grey Goose Farm qualifies for?Land Use Property Tax Value Reduction? which significantly reduces the Tax Valuation of the Landreducing property taxes paid by the owner. For 2021, Grey Goose?s Land Use Tax Reduction inProperty Tax Value was a very significant $221,000. 2.) State and Federal Farm Programs areenacted periodically resulting in direct payments to the farm owner: example 2018 USDA?sGrasslands Conservation Initiative. Grey Goose Farm qualifies for this direct payment. 3.) The farmowner can file IRS 1040 SCHEDULE F deducting a broad list of farm expenses (e.g., maintenance,et.al.) against farm income. 4.) The farm owner may take advantage of designating propertyacquired for the farm as SECTION 179 PROPERTY (machinery, vehicles, livestock, etc.) resulting inVERY favorable current-year tax treatment. This is just a sampling of benefits. CONSULT YOURCPA or FINANCIAL ADVISOR regarding applicability to you.
