19370 Magnolia Grove Square #202 | Lansdowne Woods
The sale of 19370 Magnolia Grove Sq #202 was a real estate Cinderella story- the glass slipper was a perfect fit! The sellers of #202 were executors of a trust who lived out of the area. The market was not supporting the price they were hoping to get for the condo, but they were not keen on the idea of having a long term renter while they waited for the market to shift.
Meanwhile, we had been working with a buyer who was curious about Lansdowne Woods, the 55+ active adult community where 19370 Magnolia Grove Sq #202 is located. The buyer liked the amenities that Lansdowne Woods offered, but wasn’t sure if a 55+ community was right for them as they were still an active working professional.
So we came up with a win-win solution to match our seller and buyer up! The seller rented #202 to our buyer under a 6 month lease with the option to purchase. This allowed the executors of the trust to have some income from the condo, without being stuck with a long term tenant. It also worked out for our buyer because they were able to “try out” the Lansdowne Woods community before purchasing. As it turns out, the community was a perfect fit! The buyer used their option to purchase the unit within three months of moving in and the sellers were able to take their proceeds and move on to their next adventure. And they all lived happily ever after!
Listing information last updated on Tuesday, January 23, 2018.
Check out some of our original marketing for 19370 Magnolia Grove Square #202, Leesburg, VA:
Leisurely Living in The Magnolias at Lansdowne Woods of Virginia™!
Light, bright, airy Fairmont model at Magnolia South! This 2 bedroom, 2 bath unit has over 1600 sq. ft of living space. Spacious eat-in kitchen with gas cooking overlooks large living/dining room and additional den. Master bedroom suite has a makeup/dressing area, walk-in closets and roomy master bath. Updates include fresh paint throughout, light fixtures and new bathroom floors. Conveniently located close to the elevator and a storage space in the garage.
Enjoy the secure resort lifestyle with pool, exercise room, restaurant, tennis, hair salon, woodworking & ceramic studios.