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408 Cherry Ln NE, Leesburg, VA, 20176

4beds
5baths
2,663sqft
$849,900
$319price/sqft
$5,224/moest. monthly cost
$208,960/yrincome needed

About This Home

Welcome to 408 Cherry Lane — a fully renovated three-level home offering the look and feel of new construction in the heart of Leesburg. This stunning home features 4 bedrooms and 5 fully renovated bathrooms, with every element of the interior completely brand new from top to bottom. Situated on a private, fully fenced 0.38-acre lot, the property boasts a level backyard and a brand-new paved driveway with dual garage doors equipped with upgraded belt-drive motors, new remotes, and keypads. The exterior showcases all new Low-E argon vinyl windows, PVC trim, a new fiberglass front door, French patio door, LED lighting, a Ring doorbell, and an expansive 30’ x 16’ Trex double-deck overlooking refreshed landscaping with new sod and plantings. Inside, the home is completely transformed with luxury vinyl plank flooring, fresh paint, upgraded trim, and all interior doors replaced with custom doors and upgraded hardware, along with a stunning chef’s kitchen featuring new cabinetry with custom crown molding, a large island, quartz countertops with waterfall edge, tile backsplash, and brand-new Samsung stainless steel appliances. All five bathrooms are fully remodeled with high-end finishes and custom tile work. Additional home upgrades include 48 recessed LED lights, new ceiling fans, updated electrical throughout, a brand-new 200-amp panel, new American Standard HVAC system, water heater, sump pump, washer and dryer, and an epoxy-finished garage floor. Ideally located in a well-established, no-HOA community with access to trails and within walking distance to shopping, dining, and everyday conveniences, this home offers unbeatable proximity to Leesburg Premium Outlets, Costco, and major commuter routes including Route 7 and Route 15, all within a highly sought-after school district.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

7/10
5/10
6/10
Tuscarora High SchoolGrades PK-121.4 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1981

Materials

  • Foundation: Slab
  • Roof: Architectural Shingle
  • Construction materials: Vinyl Siding,CPVC/PVC,Masonry

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Down Draft,Dishwasher,Disposal,Exhaust Fan,Humidifier,Ice Maker,Microwave,Double Oven,Oven/Range - Electric,Refrigerator,Water Dispenser,Dryer,Water Heater,Electric Water Heater
  • Laundry features: Dryer In Unit,Washer In Unit

Basement

  • Area: 543

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Kitchen - Country,Combination Kitchen/Dining,Kitchen Island,Primary Bath(s),Floor Plan - Traditional,Air Filter System,Attic,Built-in Features,Bathroom - Walk-In Shower,Dining Area
  • Door features: French Doors
  • Window features: Screens,Vinyl Clad
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 543
  • Finished area above ground: 2,120

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 2,663
  • Total interior livable area: 2,663 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 188479734000
  • Zoning: LB:R4
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Patio & porch: Deck,Roof,Porch
  • Fencing: Full

Lot

  • Lot size: 0.38 Acres
  • Features: Landscaped,Premium

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Asphalt,Enclosed,Lighted,Secured,Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $4,297$51,564
Home Insurance *$142$1,704
Property Taxes $529$6,348
Electricity $256$3,078
Total$5,224$62,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,108/yr
40% on housing$156,720/yr
45% on housing$139,306/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$319This listing

vs Other Active Listings

Avg $/sqft

ZIP 20176$258
Loudoun County$304

vs Homes Sold Last Month

Median $/sqft

ZIP 20176$269
Loudoun County$270

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

DateEventPrice
2026-05-07Listed for sale$899,900
2026-03-23Sold$585,000
2003-05-30Sold$285,800

For Sale by Agent

AgentSammy Suleiman
BrokerageKeller Williams Realty

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