Updated Feb 6, 2025
Historic North Wales Manor In Warrenton Sells For $20M With Brokers Laura Farrell & Michael Heinen
7500 Ironwood Lane
$20,000,000
$13,495/SF
Building Size
1,482 SF
Asset Type
Single Family
Closing
Feb 4, 2025
About this deal
AI
The historic North Wales manor, located at 7500 Ironwood Lane in Warrenton, VA, is a significant single-family property that encompasses 1,482 acres. It was sold for $20 million, reflecting a decrement from its initial asking price of $23 million. The residence features 22 bedrooms, extensive amenities including multiple residences, a swimming pool, an equestrian center, and a golf tee.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $20,000,000
- Sale Date: 02/04/2025
- Address: 7500 Ironwood Lane
- Market: Warrenton, VA
- Square Footage: 1,482
- Price Per Square Foot: $13,495
- Brokers: Laura Farrell & Michael Heinen - Sotheby's International Realty
Laura Farrell and Michael Heinen represented the seller in this transaction, showcasing their expertise in high-value property sales within the Virginia real estate market. The deal underscores the involvement of reputable brokers in facilitating significant property transactions.
Players
Warrenton Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $13.5K per square foot on a published $20M for 1,482 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93