2620 Stonegate Dr, Winchester, VA 22601
5 beds · 3 baths · 2,974 sqft
Contemporary 5-Bedroom Rancher - Prime Winchester Location Discover one of Winchester's most coveted addresses – where urban convenience meets serene privacy in this meticulously maintained contemporary rancher. This exceptional 5-bedroom, 3-full-bath home sits on a premium lot backing to Frederick Douglass Elementary School and beautiful parkland, offering privacy with breathtaking sunrise and sunset views. Location Excellence; Experience the perfect balance of city amenities and neighborhood tranquility. Winchester's finest dining, shopping, and entertainment venues are just a 5-minute drive or pleasant walk away, while your home remains a peaceful retreat overlooking protected green space. Main Level Living; The open-concept design flows seamlessly throughout three spacious bedrooms, all featuring fresh designer paint and contemporary finishes. Abundant natural light streams through large windows, creating bright, welcoming spaces. Start each morning watching spectacular sunrises from your dining area or expansive deck while enjoying coffee in privacy. Outdoor Paradise; Two distinct entertaining spaces maximize your connection to nature. The large existing deck provides elevated views, while the stunning patio addition (built just two years ago) creates the ideal venue for gatherings of any scale. Whether hosting intimate family meals or large celebrations, the seamless indoor-outdoor flow and parkland backdrop provide an unparalleled setting. Multigenerational Flexibility; The thoughtfully designed lower level transforms this rancher into a modern multigenerational sanctuary. Two additional bedrooms, a spacious family room with contemporary fireplace, full bathroom, and versatile kitchenette create a complete secondary living space. The separate grade-level entrance ensures privacy and independence – perfect for extended family, guests, or rental income potential. Practical Luxury; A generous 2-car garage offers ample storage plus convenient kitchen access. Abundant storage solutions throughout the home maintain the clean, contemporary aesthetic while maximizing functionality. Step directly from the lower level onto your private parkland oasis for endless recreational opportunities. The Winchester Advantage; This rare combination of contemporary design, multigenerational functionality, and premium location creates an exceptional opportunity. Enjoy the vibrant energy of Winchester's best offerings while retreating to your private sanctuary backing to protected parkland – truly the best of both worlds in one remarkable home.
Source: BRIGHT #VAWI2007886
Source: BRIGHT #VAWI2007886
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.