Tucked away on over 12 tranquil acres in the heart of Sharpsburg, Maryland, 16926 Sprecher Road is a rare gem—a secluded country retreat that seamlessly blends natural beauty, and modern comfort. This one-of-a-kind property isn’t just a home; it’s a lifestyle. whether your a homesteader, a Nature person or simply someone craving peace and privacy, this extraordinary haven delivers. The centerpiece of the property is a stunning log cabin, thoughtfully designed with character and warmth in every corner. From the moment you step inside, you're welcomed by soaring ceilings, rustic wood beams, and the comforting crackle of a wood stove. The open main level invites connection, featuring a charming kitchen with a center island, a cozy dining area, and a light-filled living space perfect for unwinding. Upstairs, the private primary suite offers treetop views and an en-suite bath, while the walk-out lower level provides flexibility—ideal for guests, a home office, or even a studio—with an additional full bath, laundry, and a cleverly integrated Murphy bed. Just steps away from the house is, a fully finished and climate-controlled Shed/Cottage. A detached barn and multi-use outbuildings offer endless possibilities for hobbies, storage, or small-scale farming. The land itself tells a story—part wooded, part open, and entirely peaceful. You'll find a fenced garden with raised beds ready for your harvest, and perhaps Maryland’s largest Chinkapin Oak Tree standing proudly near the edge of the forest, an ancient guardian of this special place. Deer and turkeys frequently wander by, and the soft rustle of leaves in the breeze provides the soundtrack to your days. Located just minutes from Antietam Battlefield, the C&O Canal, and the historic charm of Boonsboro and Shepherdstown, this home offers the serenity of rural living with easy access to local culture, recreation, and commuter routes. Yet once you arrive, you may never want to leave. Offered at $625,000, 16926 Sprecher Road is more than a home—it’s a once-in-a-lifetime opportunity to own a slice of soul-soothing countryside, where every detail has been curated for those who appreciate privacy, creativity, and the quiet joy of living in harmony with the land. If you’re ready for something truly different, come experience this remarkable retreat for yourself. DO NOT DRIVE BY THE PROPERTY UNLESS YOU HAVE AN APPOINTMENT!!
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.
