8900 Olde Meadow Way
Spotsylvania, VA 22551
6 beds · 7 baths · 4,996 sqft
$999,900
Get prequalified8900 Olde Meadow Way
Spotsylvania, VA 22551
6 beds · 7 baths · 4,996 sqft
$999,900
Get prequalifiedExperience Unmatched Privacy and Elegance in Olde Meadow Estates. Nestled within the ultra-private, gated enclave of Olde Meadow Estates, this extraordinary 13+ acre estate defines refined living. Spanning over 7,000 square feet across four meticulously crafted levels, this stunning residence combines luxury, comfort, and sophistication in perfect harmony. From the moment you arrive, the modern architectural design and inviting wraparound porch set the tone for what lies within. Step inside to discover gleaming hardwood floors throughout, soaring ceilings, and expansive windows that flood the home with natural light. The main level features a private home office, a spacious primary suite with a beautifully appointed full bath, and a show-stopping gourmet kitchen outfitted with a Sub-Zero built-in refrigerator and commercial-grade range. The kitchen flows seamlessly into a dramatic family room with a stone fireplace, as well as a walk-in pantry, mudroom, and a stylish half bath. The finished two-car garage connects to a long driveway offering generous parking for guests. Upstairs, you'll find four spacious bedrooms, each with its own en-suite bathroom, including a luxurious primary retreat with a spa-style bathroom featuring a soaking tub, separate walk-in shower, and dual vanities, plus an oversized walk-in closet. A bonus loft area provides even more flexible living space, complete with an additional full bath—perfect for a guest suite or studio. The expansive walkout basement offers endless possibilities for recreation, storage, or customization, with direct access to the sprawling backyard. This rare offering combines serene countryside living with elegant design and modern conveniences—all just moments from the heart of Spotsylvania. Don’t miss your opportunity to own one of the most private and impressive homes in the region ***Owner has an active real estate license in Virginia***
Source: BRIGHT #VASP2033996
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.