Welcome to 1955 Valhalla Drive, a breathtaking 25-acre horse farm tucked away at the end of a long private driveway in a peaceful, secluded setting. This exceptional property offers the perfect blend of equestrian functionality and refined residential living. The farm features a gorgeous 10-stall barn with attached individual runs for each stall and infrastructure in place to expand to 13 stalls as three stalls are oversized. The thoughtful equestrian amenities include a wash stall with hot and cold water, a heated lounge and tack room, ample loft storage, and custom lockers. The indoor arena features a custom blend of rubber and sand footing, LED lighting, mirrors, and viewing stands perfect for hosting clinics or teaching lessons. The climate-controlled lounge in the barn offers a warm gathering space with oak cabinetry, a kitchenette, and vinyl flooring. Additionally, there is a separate feed room with custom cabinetry and shelving and multiple equipment and hay storage nooks carefully placed in the barn for ease of care of the horses on a daily basis. Additionally, there is a bathroom with full laundry in the barn perfect for clients and guests, and an incredible amount of storage for barn equipment, tractors, and hay as well . Need extra stalls? There is plenty of room to expand either by converting the three oversized stalls or adding stalls in the storage area attached to the main barn. See the included floor plans for measurements and possibilities. The barn operates on a separate electric meter and is served by its own well and septic system. The property also includes multiple storage sheds and safely fenced pastures each with run-in sheds surrounded by a combination of wood and vinyl fencing and a full size 20 x 60 meter sand outdoor riding arena, making it ideal for both casual and competitive equestrian pursuits. The custom-built 5 bedroom, 3 full and 2 half bath home offers nearly 5,000 square feet of living space with fresh neutral paint throughout. The kitchen is designed for everyday living and entertaining, offering ample cabinetry, dual wall ovens, a large five-burner Kenmore range, and stunning views of the pastures. A spacious great room with vaulted wood ceilings sits just off the kitchen and offers access to the mud room, while a separate large living room with vaulted wood ceilings and a wood-burning fireplace provides a warm and welcoming gathering space. The first-floor primary suite features a large custom dressing room and a spa-like en suite bath with dual vanities and a custom tile shower. The first-floor laundry room with storage adds everyday convenience. The unfinished basement includes a powder room and several additional rooms that can easily be converted into a home office, gym, or home theater. Upstairs, you’ll find four additional bedrooms, including a junior suite with an en suite bath and walk-in closet. A secondary full bath is located off the hall and serves the other three bedrooms. One of the upstairs bedrooms includes a built-in sink, and was previously an art studio, offering flexible space that can be repurposed to suit your needs. Outside, the home is flanked by gorgeous perennial gardens, a large two story detached three car garage, a charming wooden bridge to the barn, and manicured lawns as well as a large rear deck and patio with a grilling station. Xfinity internet serves the home and barn ensuring connectivity. This is a rare opportunity to own a fully appointed, private equestrian estate with such attention to detail and meticulous care. Whether you’re a professional equestrian seeking a permanent base of operations, a discerning competitor looking for top tier accommodations for you and your show horses, or someone simply looking for peaceful country living with luxurious farm amenities, 1955 Valhalla Drive has so much to offer. Shown by private appointment only. Please no drive bys. Sale includes two parcels and totals 25.38 acres.
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.
