Welcome to an exceptional waterfront residence in the highly sought after community of Dawson Landing in Woodbridge, Virginia. Perfectly positioned on a quiet culdesac, this home offers a rare combination of privacy, elegance, and breathtaking views of Neabsco Creek with stunning sunsets year round. Offering 1.22 acres with 100ft of WATERFRONTAGE on the Neabsco Creek. From the moment you enter, the impressive two story foyer sets the tone with its openness and natural light. Rich finishes and thoughtful design create a warm yet refined atmosphere throughout. The heart of the home is the beautifully appointed kitchen, seamlessly connected to the family room and morning room, all showcasing serene water views. Designed for both everyday living and entertaining, the kitchen features an abundance of cabinetry, a striking custom island with wraparound seating, a six burner gas range with telescoping downdraft, and double ovens that elevate the space into a true chef’s retreat. The spacious family room offers a cozy fireplace and flexible layout, while the morning room leads to a screened porch that feels like a private escape. Enjoy morning coffee, evening wine, or dinner with a view as you overlook the fenced backyard and peaceful water beyond. The outdoor space is equally impressive with a deck, hot tub, stamped concrete patio, and a shed, creating the perfect setting for relaxation and gatherings. The main level also includes a formal dining room and a versatile living room that can easily serve as a private home office. Upstairs, you will find four generously sized bedrooms, each with ample closet space. The primary suite is a true retreat with room for a sitting area, a custom built out closet, and a spacious bathroom featuring a double vanity, large shower, and dedicated dressing area. The fully finished lower level offers incredible flexibility and can function as an in law suite or private apartment. Complete with a bedroom, full bathroom, wet bar, and a bright open living space with walkout access, it is ideal for guests or extended living. Located within walking distance to the VRE, this home offers convenience for commuters while still feeling like a peaceful getaway. Residents enjoy easy access to Neabsco Regional Park and the boardwalk, perfect for outdoor activities, exercise, and family time. Just minutes from shopping, I 95, Quantico, and Fort Belvoir, this location truly has it all. Waterfront living with this level of privacy, luxury, and accessibility is rare in Woodbridge. This is a home you will not want to miss. Fully finished walk out basement with game room/rec space, custom bar, bedroom, and full bath takes you right out to your private oasis. Either in the hot tub or sitting out on the water's edge patio, or canoeing, kayaking, and fishing, you are literally living your dream!! FEATURES: NEW ROOF (2021), Water heater (2019), one of the HVACs(2022), stainless steel appliances, granite counters, double oven, cooktop, island, breakfast bar, large morning room, gas fireplace, crown molding, recessed lights, tile, bamboo hardwood and carpeted floors, grand two-story foyer, trex deck, fenced backyard, shed, fire-pit, custom deck with hot tub serviced 2 x/year. Dawson Landing is a beautiful neighborhood nestled between the brand new Neabsco boardwalk, Veterans Park, and Leesylvania Park where you can enjoy sports activities, nature trails, boating, and kayaking (straight out of the HAMPTON'S LANDING MARINA, a five-minute drive on the other side of the Neabsco Creek). The VRE (Virginia Railway Express) is within walking distance, but if you prefer the commuter lots for use of E-Z Pass lanes on I-95, you can have a stress-free trip into Washington D.C. or The Pentagon. Fort Belvoir and Quantico are just a few minutes drive. From Wegmans in the Stonebridge at Potomac Town Center, to Potomac Mills Mall, to the many restaurant options, your shopping and dining experiences are at your fingertips
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
