15117 Grace Pl, Waterford, VA, 20197
About This Home
Welcome home to Grace Place—a stunning stone-front home in The Reserves at Wheatlands, perfectly sited beside a scenic horse farm with sweeping mountain views. Step inside to a dramatic two-story foyer filled with natural light, anchored by a grand staircase and rich hardwood floors. The heart of the home is the gourmet kitchen, featuring granite countertops, gas cooking, double wall ovens, stainless steel appliances, custom tile backsplash, and an oversized island with designer pendant lighting. Just off the kitchen, the bump-out morning room offers a bright, spacious eat-in area and opens to the deck—ideal for relaxed outdoor dining with a view. The oversized family room is a true centerpiece with a stone gas fireplace, six Palladian windows, and a striking reclaimed barn-wood accent wall. A main-level office provides the perfect work-from-home setup, and a full bath on the main level adds flexibility for guests. Upstairs, you’ll find four bedrooms and four full baths, including a spacious primary suite with a spa-like bath—soaking tub, glass-enclosed shower, and dual vanities. The fully finished lower level is a showstopper, complete with engineered hardwood flooring, a gorgeous kitchenette, an eat-in bar, a full bedroom, a full bath, and a space pre-wired for a theater room. Whether you need an in-law suite, au pair suite, guest retreat, or entertaining hub, this level delivers. With abundant living space, thoughtful upgrades (including enhanced lighting throughout), and an unbeatable setting, this home is the total package. Come see it in person—this one is even better than it reads. **Refrigerator new 2026, Dishwasher new 2026, Washer and Dryer new 2025
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 2014
Materials
- Foundation: Slab
- Roof: Architectural Shingle
- Construction materials: Masonry,Stone,Asphalt
Other
- Builder model: Rhode Island
- Builder name: Khovnanian
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Dishwasher,Disposal,Dryer,Humidifier,Ice Maker,Double Oven,Refrigerator,Stainless Steel Appliance(s),Washer,Water Heater,Water Treat System
- Laundry features: Main Level,Laundry Room
Basement
- Has basement: Yes
- Basement: Full,Finished,Exterior Entry,Walk-Out Access,Sump Pump
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 1
- Main level bedrooms: 1
Den
- Level: Lower
Exercise Room
- Level: Lower
Family Room
- Features: Fireplace - Gas
- Level: Main
Features
- Attic,Breakfast Area,Bar,Ceiling Fan(s),Chair Railings,Crown Molding,Dining Area,Kitchen - Gourmet,Kitchen Island,Primary Bath(s),Recessed Lighting,Walk-In Closet(s),Upgraded Countertops
- Door features: French Doors,Six Panel
- Window features: Double Pane Windows,Insulated Windows,Window Treatments
- Flooring: Hardwood,Carpet,Ceramic Tile,Other,Wood
- Number of fireplaces: 1
- Fireplace features: Gas/Propane
- Fireplace: Yes
- Finished area below ground: 2,364
- Finished area above ground: 4,200
Foyer
- Level: Main
Heating & Cooling
- Heating features: Forced Air,Humidity Control,Propane
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 6,564
- Total interior livable area: 6,564 sqft
Kitchen
- Features: Breakfast Nook,Granite Counters,Flooring - HardWood,Kitchen Island
- Level: Main
Laundry
- Level: Main
Office
- Level: Main
Storage Room
- Level: Lower
Property
Accessibility
- Accessibility features: Accessible Entrance
Details
- Parcel number: 412182443000
- Zoning: AR1
- Special condition: Standard
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Patio & porch: Deck
- Has view: Yes
- View description: Mountain(s),Trees/Woods
Lot
- Lot size: 2.06 Acres
- Features: Landscaped,Rear Yard,Wooded
Parking
- Total spaces: 3
- Parking features: Garage Faces Side,Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Drought
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,078 | $84,936 |
| Home Insurance * | $327 | $3,924 |
| Property Taxes | $886 | $10,632 |
| Electricity | $632 | $7,587 |
| Total | $8,923 | $107,076 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $1,399,900 |
| 2018-06-20 | Listing removed | $899,000 |
| 2018-05-17 | Listed for sale | $899,000 |
| 2014-11-12 | Sold | $700,000 |
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