38684 MOUNT GILEAD ROAD
About This Property
Isaac Eaton House: A Harmonious Blend of History and Modern Living
Nestled in the serene countryside of Leesburg, Virginia, the Isaac Eaton House stands as a testament to early 19th-century craftsmanship and design. Constructed in 1822, this historic residence was built by the original founder of the Village of Mount Gilead using bricks fired in a kiln located directly on the property and enjoys a deep-rooted connection to the local history. The main house features three/four bedrooms, each adorned with original hardwood floors, antique hardware, and detailed millwork and 3 stone fireplaces. The main home and studio have been lovingly maintained with extensive recent upgrades such has the bathroom renovations, new HVAC systems, interior and exterior painting and water systems.
In 1982, a thoughtful expansion introduced a spacious kitchen and a generous primary suite, seamlessly blending modern comforts with the home's historic essence. The property offers expansive western views, providing breathtaking vistas of the Blue Ridge Mountains and remarkable sunsets from the rear porches.
Additionally, the property includes a detached two-car garage and a delightful studio equipped with a full kitchen and bath and deck. This versatile space is perfect for guests, a home office, or a creative retreat. The entire 14-acre property is safeguarded by a conservation easement, ensuring its natural beauty and tranquility remain unspoiled for generations to come. Most of the land is open and the gentle slope enjoys the views across the valley.
Located in a coveted and peaceful area, the Isaac Eaton House offers a rare opportunity to own a piece of history while enjoying the conveniences of modern living.
Property is enrolled in the Loudoun County Agricultural and Forestry District
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Price Decreased |
$1,395,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Apr 1, 2025 | Listed | $1,495,000 | |
| Listed | |||
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Isaac Eaton House: A Harmonious Blend of History and Modern Living
Nestled in the serene countryside of Leesburg, Virginia, the Isaac Eaton House stands as a testament to early 19th-century craftsmanship and design. Constructed in 1822, this historic residence was built by the original founder of the Village of Mount Gilead using bricks fired in a kiln located directly on the property and enjoys a deep-rooted connection to the local history. The main house features three/four bedrooms, each adorned with original hardwood floors, antique hardware, and detailed millwork and 3 stone fireplaces. The main home and studio have been lovingly maintained with extensive recent upgrades such has the bathroom renovations, new HVAC systems, interior and exterior painting and water systems.
In 1982, a thoughtful expansion introduced a spacious kitchen and a generous primary suite, seamlessly blending modern comforts with the home's historic essence. The property offers expansive western views, providing breathtaking vistas of the Blue Ridge Mountains and remarkable sunsets from the rear porches.
Additionally, the property includes a detached two-car garage and a delightful studio equipped with a full kitchen and bath and deck. This versatile space is perfect for guests, a home office, or a creative retreat. The entire 14-acre property is safeguarded by a conservation easement, ensuring its natural beauty and tranquility remain unspoiled for generations to come. Most of the land is open and the gentle slope enjoys the views across the valley.
Located in a coveted and peaceful area, the Isaac Eaton House offers a rare opportunity to own a piece of history while enjoying the conveniences of modern living.
Property is enrolled in the Loudoun County Agricultural and Forestry District
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017