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Under contract
  • $700,000

    42998 Mill Race Ter, Leesburg, VA 20176

    3beds
    2,380sqft
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    Townhouse
    Built in 2001
    2,178 Square Feet Lot
    $691,700 Zestimate®
    $294/sqft
    $161/mo HOA

    What's special

    Newly painted throughoutNew thompson creek windowsNew primary bathroomNew washer and dryerNew bosch refrigeratorNew bosch dishwasher
    Welcome to The Lakes of Red Rocks, one of Leesburg’s most sought‑after communities—where natural beauty, resort‑style amenities, and a friendly neighborhood atmosphere come together seamlessly. Nestled within this exceptional setting, 42998 Mill Race Terrace offers a rare blend of refined updates, modern comfort, and remarkable privacy. This elegantly appointed 3‑bedroom, 3.5‑bath townhome has been meticulously enhanced with nearly $130,000 in improvements over the past seven years, ensuring a truly elevated living experience from the moment you arrive. Newly painted throughout • New primary bathroom July 2024 • New Thompson Creek windows 2023 and 2024  • New Thompson Creek basement sliding door and kitchen outside door 2023 • New 35 year architectural shingle roof 2023 • New carpet on stairs and upstairs hardwood floors 2024 • New washer and dryer 2025 • New Bosch refrigerator 2023 • New Bosch dishwasher 2023 • EV charger • Smart home devices - cameras, smoke and carbon monoxide detectors. Premiere community amenities including clubhouse, large community pool, 5 acre fishing lake with non-motorized boating, scenic walking trails, covered bridge, tennis courts, dog park, tot lots, playgrounds, and more. Nature lovers will appreciate being directly across from Red Rock Wilderness Overlook Regional Park, with historic structures, wooded trails, Potomac River overlooks, and waterfront walking paths. Shopping at the Leesburg Outlets are just minutes away, Trader Joe’s, Wegmans, and Costco and close to everything Leesburg has to offer, including restaurants, shops, nightlife, and nearby wineries.
    10 days
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    407
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    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Henry 703-626-4768,

    Pearson Smith Realty, LLC 571-386-1075

    Source: Bright MLS,MLS#: VALO2129958MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Primary Bathroom
      Primary bedroom
      • Features: Flooring - HardWood, Ceiling Fan(s), Walk-In Closet(s)
      • Level: Upper
      • Area: 255 Square Feet
      • Dimensions: 17 X 15
      Bedroom 2
      • Features: Flooring - HardWood, Ceiling Fan(s)
      • Level: Upper
      • Area: 130 Square Feet
      • Dimensions: 13 X 10
      Bedroom 3
      • Features: Flooring - HardWood, Ceiling Fan(s)
      • Level: Upper
      • Area: 110 Square Feet
      • Dimensions: 11 X 10
      Primary bathroom
      • Features: Double Sink, Countertop(s) - Quartz, Flooring - Ceramic Tile
      • Level: Upper
      • Area: 90 Square Feet
      • Dimensions: 15 X 6
      Breakfast room
      • Features: Flooring - HardWood, Ceiling Fan(s)
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 14 X 11
      Dining room
      • Features: Flooring - HardWood, Fireplace - Gas, Recessed Lighting
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 14 X 16
      Family room
      • Features: Flooring - HardWood, Fireplace - Gas, Recessed Lighting
      • Level: Lower
      • Area: 420 Square Feet
      • Dimensions: 21 X 20
      Foyer
      • Features: Flooring - HardWood
      • Level: Main
      • Area: 30 Square Feet
      • Dimensions: 6 X 5
      Kitchen
      • Features: Flooring - HardWood, Granite Counters, Breakfast Bar, Pantry, Recessed Lighting, Kitchen - Gas Cooking
      • Level: Main
      • Area: 160 Square Feet
      • Dimensions: 16 X 10
      Living room
      • Features: Flooring - HardWood, Fireplace - Gas
      • Level: Main
      • Area: 204 Square Feet
      • Dimensions: 12 X 17
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Stainless Steel Appliance(s), Refrigerator, Ice Maker, Cooktop, Microwave, Dishwasher, Disposal, Washer, Dryer, Oven/Range - Gas, Gas Water Heater
      • Laundry: Upper Level
      Features
      • Kitchen - Gourmet, Breakfast Area, Kitchen Island, Dining Area, Eat-in Kitchen, Family Room Off Kitchen, Chair Railings, Upgraded Countertops, Crown Molding, Primary Bath(s), Open Floorplan, Wainscotting, 9'+ Ceilings
      • Flooring: Hardwood, Wood
      • Windows: Double Pane Windows, Transom
      • Basement: Finished,Walk-Out Access,Windows
      • Number of fireplaces: 2
      • Fireplace features: Glass Doors, Mantel(s), Screen, Gas/Propane
      Interior area
      • Total structure area: 2,380
      • Total interior livable area: 2,380 sqft
      • Finished area above ground: 2,380
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Garage Faces Front, Concrete, Off Street, Attached
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Deck, Patio
      • Pool features: Community
      Lot
      • Size: 2,178 Square Feet
      • Features: Backs to Trees, Landscaped, Wooded, Level, Cul-De-Sac
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 110250574000
      • Zoning: PDH3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Combination, Brick
      • Foundation: Slab
      • Roof: Architectural Shingle
      Condition
      • Very Good
      • New construction: No
      • Year built: 2001

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities, Fiber Optic

      Community & HOA

      Community
      • Security: Security System, Monitored
      • Subdivision: Lakes At Red Rock
      HOA
      • Has HOA: Yes
      • Amenities included: Jogging Path, Pool, Tot Lots/Playground, Tennis Court(s), Common Grounds, Lake
      • Services included: Pool(s), Recreation Facility, Trash, Common Area Maintenance, Management
      • HOA fee: $161 monthly
      • HOA name: LAKES AT RED ROCK ROCK HOMEOWNERS ASSOCIATION
      Location
      • Region: Leesburg

      Financial & listing details

      • Price per square foot: $294/sqft
      • Tax assessed value: $645,090
      • Annual tax amount: $5,191
      • Date on market: 7/9/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $691,700

        $657,000 - $726,000

        $3,423/mo

        Price history

        DateEventPrice
        7/13/2026Contingent$700,000$294/sqft
        Source: Bright MLS #VALO2129958 Report a problem
        7/9/2026Listed for sale$700,000+60.9%$294/sqft
        Source: Bright MLS #VALO2129958 Report a problem
        6/20/2018Sold$435,000-2.2%$183/sqft
        Source: Public Record Report a problem
        5/30/2018Pending sale$444,900$187/sqft
        Source: Keller Williams Realty #1000489708 Report a problem
        5/25/2018Price change$444,9000%$187/sqft
        Source: Keller Williams Realty #1000489708 Report a problem
        5/20/2018Price change$445,000-2.2%$187/sqft
        Source: Keller Williams Realty #1000489708 Report a problem
        5/14/2018Price change$455,000-2.1%$191/sqft
        Source: Keller Williams Realty #1000489708 Report a problem
        5/5/2018Listed for sale$464,900+11%$195/sqft
        Source: Keller Williams Realty #1000489708 Report a problem
        3/22/2016Sold$419,000$176/sqft
        Source: Public Record Report a problem
        1/16/2016Listed for sale$419,000+13.2%$176/sqft
        Source: Keller Williams - Leesburg #LO9553296 Report a problem
        7/25/2008Sold$370,000-7.3%$155/sqft
        Source: Public Record Report a problem
        1/18/2008Price change$399,000-2.2%$168/sqft
        Source: eWebEngine #lo6561498 Report a problem
        11/16/2007Listed for sale$408,000+59%$171/sqft
        Source: eWebEngine #lo6561498 Report a problem
        1/2/2002Sold$256,640$108/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,191 -1.4%$644,900 +6%
        2024$5,264 +3.7%$608,510 +4.9%
        2023$5,075 +2.7%$580,050 +4.4%
        2022$4,943 +6.4%$555,390 +17.1%
        2021$4,646 -0.3%$474,100 +5.3%
        2020$4,658 +0%$450,080 +1.7%
        2019$4,658 +7%$442,730 +10.3%
        2018$4,354 -5.4%$401,300 -2%
        2017$4,605 +3.5%$409,300 +7.9%
        2016$4,448 $379,250 +39.5%
        2015$4,448 +2.7%$271,900 -1.1%
        2014$4,332 -3.2%$275,060 +1.4%
        2013$4,474 $271,260
        2012-- --
        2011-- --
        2010-- --
        2009-- $345,100 -11.9%
        2008-- $391,600 -18.3%
        2007-- $479,100 -5.8%
        2006-- $508,800 +29.3%
        2005-- $393,600 +0.9%
        2004-- $389,900 +19.4%
        2003-- $326,500 +21.7%
        2002-- $268,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 20176

        Getting around

        6 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ball's Bluff
        • Middle: Harper Park
        • High: Heritage
        • District: Loudoun County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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