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505 Martingale Ridge Dr, Middleburg, VA, 20117

5beds
5baths
3,993sqft
$2,950,000
$739price/sqft
$17,752/moest. monthly cost
$710,080/yrincome needed

About This Home

Elegant Vineyard Hunt Box at the Residences at Salamander completed and ready for move-in on very-convenient-to-town Lot 19! Be among the first to own a thoughtfully designed Vineyard Hunt Box in the exclusive Residences at Salamander—a luxury community set adjacent to the Salamander Resort & Spa in the heart of Middleburgs iconic Wine and Hunt Country. This spec home begins construction in June 2025 with an anticipated completion in 8–10 months.<> Situated on a deep, sought-after lot, this home features four bedrooms and four full baths. A flexible library/bedroom with full bath on the main level offers versatility for guests, work-from-home needs, or additional sleeping quarters. Main level features include: Spacious primary suite with ensuite bath Flex library/bedroom with full bath Light-filled open-concept great room and kitchen with expansive rear glass doors and clerestory windows Oversized two-cook kitchen with a 48” Wolf/Sub-Zero range, 36” Sub-Zero refrigerator, Cove dishwasher, Wolf microwave drawer, and upgraded countertop and backsplash Full walk-in pantry and large mudroom/laundry Wide board European oak flooring throughout Coffered tray ceilings in the primary, flex space, and foyer 10’ ceilings on the main floor Lower level features: Three bedrooms all ensuite Family/media room ideal for gathering and entertaining 9’ ceilings and view-out windows for ample natural light Additional features include: Over 1,100 sq ft of covered bluestone slate porches for year-round outdoor living Standing seam metal roof with black half-round gutters Low-E, floor-to-ceiling insulated windows and doors Prepped garage foundation for future build-out (with or without pool bath) Designer lighting and plumbing packages with dimming capabilities Irrigation and farmhouse-style landscape package Clean, neutral interior finishes that blend Hunt Country charm with modern simplicity As a resident of the Residences at Salamander, you’ll enjoy a serene lifestyle within walking distance to resort amenities, fine dining, boutique shopping, and vibrant community experiences—all set against the backdrop of Virginia’s rolling hills and equestrian heritage. Secure your place in one of Middleburg’s most prestigious addresses.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

5/10
7/10
Blue Ridge Middle SchoolGrades 6-811.1 mi
8/10
Loudoun Valley High SchoolGrades 9-1211.9 mi

Construction

Condition

  • Property condition: Excellent
  • New construction: Yes

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Combination,Masonry,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 2105

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Finished area below ground: 1,888
  • Finished area above ground: 2,105

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,210
  • Total interior livable area: 3,993 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 538265233000
  • Zoning: MB:R3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community

Lot

  • Lot size: 0.50 Acres
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Driveway
  • 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

  • Drought
    DroughtModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
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 $14,916$178,992
Home Insurance *$539$6,468
Property Taxes $1,913$22,956
Electricity $384$4,615
Total$17,752$213,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$608,640/yr
40% on housing$532,560/yr
45% on housing$473,386/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

$739This listing

vs Other Active Listings

Avg $/sqft

ZIP 20117$587
Loudoun County$303

vs Homes Sold Last Month

Median $/sqft

ZIP 20117$460
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)

No zestimate history available

Price History

DateEventPrice
2025-05-22Listed for sale$2,950,000

New Construction

AgentPeter Pejacsevich
BrokerageCorcoran McEnearney

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