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Special offer
$499,900

505 Cornwallis Ave, Locust Grove, VA 22508

4beds
2,206sqft
: 
Single Family Residence
Built in 2026
0.27 Acres Lot
$499,400 Zestimate®
$227/sqft
$191/mo HOA

What's special

Paved drivewayPrivate water closetHighly desirable open-concept layoutSpacious foyerLuxury vinyl plank flooringStylish shiplap fireplaceWelcoming front porch
UNDER CONSTRUCTION – AVAILABLE MID/LATE JULY – LAKE OF THE WOODS – The Reese model by Foundation Homes offers a craftsman-inspired design with 4 bedrooms, 2.5 baths, and a highly desirable open-concept layout. The welcoming front porch leads into a spacious foyer featuring a private home office with French doors, ideal for remote work or study. The main level showcases 9’ ceilings, luxury vinyl plank flooring, and a stylish shiplap fireplace. The well-appointed kitchen includes quartz countertops, dovetail soft-close cabinetry, stainless steel appliances, a large pantry, and a functional layout perfect for everyday living and entertaining. Hardwood oak tread stairs lead to the upper level with all bedrooms and a convenient laundry room. The spacious primary suite features a spa-inspired ensuite with a freestanding soaking tub, oversized walk-in shower, double vanities, and private water closet. The unfinished walk-up basement will provide an opportunity for future expansion. Enjoy outdoor living with a spacious deck, paved driveway, and concrete walkways. Additional features include 30-year architectural shingles and builder warranty for peace of mind. Lake of the Woods Community is a gated golf and lake community offering amenities including pools, beaches, marinas, parks, trails, equestrian facilities, sports courts, and a clubhouse. The neighborhood is conveniently located just inside of Orange County on Rt 3, with easy access to shopping, dining, and commuter routes. Avoid costly repairs and enjoy a brand-new, energy-efficient home built for today’s lifestyle. *Photos are of a similar model; selections for this home are available in the documents section.
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Zillow last checked: 7 hours ago

Listing updated: March 18, 2026 at 02:08am

Listed by:

Emily Schroeder 540-288-7005,

MacDoc Property Mangement LLC

Source: Bright MLS,MLS#: VAOR2013588MLS Logo
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Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
Rooms
  • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Foyer, Study, Laundry, Bathroom 2, Primary Bathroom, Half Bath
Primary bedroom
  • Level: Upper
Bedroom 2
  • Level: Upper
Bedroom 3
  • Level: Upper
Bedroom 4
  • Level: Upper
Primary bathroom
  • Level: Upper
Bathroom 2
  • Level: Upper
Basement
  • Level: Lower
Dining room
  • Level: Main
Foyer
  • Level: Main
Half bath
  • Level: Main
Kitchen
  • Level: Main
Laundry
  • Level: Upper
Living room
  • Level: Main
Study
  • Level: Main
Heating
  • Heat Pump, Electric
Cooling
  • Central Air, Electric
Appliances
  • Included: Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Water Heater, Instant Hot Water, Electric Water Heater
  • Laundry: Hookup, Upper Level, Washer/Dryer Hookups Only, Laundry Room
Features
  • Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Molding, Open Floorplan, Kitchen - Gourmet, Kitchen Island, Primary Bath(s), Pantry, Recessed Lighting, Wainscotting, Upgraded Countertops, Walk-In Closet(s), 9'+ Ceilings, Dry Wall
  • Flooring: Ceramic Tile, Carpet, Luxury Vinyl
  • Basement: Connecting Stairway,Heated,Concrete,Unfinished,Walk-Out Access,Rough Bath Plumb,Exterior Entry,Space For Rooms
  • Number of fireplaces: 1
  • Fireplace features: Electric, Mantel(s), Insert, Heatilator
Interior area
  • Total structure area: 3,032
  • Total interior livable area: 2,206 sqft
  • Finished area above ground: 2,206
  • Finished area below ground: 0
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Garage Faces Front, Inside Entrance, Garage Door Opener, Asphalt, Attached
  • Attached garage spaces: 2
  • Has uncovered spaces: Yes
  • Details: Garage Sqft: 394
Accessibility
  • Accessibility features: None
Features
  • Levels: Three
  • Stories: 3
  • Pool features: Community
  • Waterfront features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Beach Access, Public Access, Sail, Seaplane Permitted, Swimming Allowed, Waterski/Wakeboard, Lake
  • Body of water: Lake Of The Woods
Lot
  • Size: 0.27 Acres
Details
  • Additional structures: Above Grade, Below Grade
  • Parcel number: 012A0000801950
  • Zoning: R3
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Colonial,Craftsman
  • Property subtype: Single Family Residence
Materials
  • Vinyl Siding
  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
Condition
  • Excellent
  • New construction: Yes
  • Year built: 2026
Details
  • Builder model: REESE
  • Builder name: Foundation Homes

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: Fiber Optic

Community & HOA

Community
  • Subdivision: Lake of the Woods
HOA
  • Has HOA: Yes
  • Amenities included: Basketball Court, Beach Access, Boat Ramp, Common Grounds, Fitness Center, Community Center, Horse Trails, Jogging Path, Lake, Picnic Area, Pool
  • Services included: Common Area Maintenance, Insurance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Security, Snow Removal
  • HOA fee: $2,295 annually
  • HOA name: LAKE OF THE WOODS
Location
  • Region: Locust Grove

Financial & listing details

  • Price per square foot: $227/sqft
  • Tax assessed value: $78,000
  • Annual tax amount: $483
  • Date on market: 3/18/2026
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Cash,Conventional,FHA,VA Loan,USDA Loan
  • Ownership: Fee Simple
Community
1003 Bragg Road, Fredericksburg, VA 22407
GOLF COURSE LOT!
Own a beautiful Reese model that backs up to the golf course. Did I mention FINISHED BASEMENT?

Source: Foundation Homes Inc

6 homes in this community

Available homes

ListingPriceBed / bathStatus
Current home:
505 Cornwallis Ave
$499,9004 bed / 3 bathAvailable
502 Liberty Blvd$499,9004 bed / 3 bathAvailable

Available lots

ListingPriceBed / bathStatus
103 Gold Rush Dr$499,900+4 bed / 3 bathCustomizable
327 Stratford Cir$499,900+4 bed / 3 bathCustomizable
4500 Lakeview Pkwy$499,900+4 bed / 3 bathCustomizable
600 Eastover Pkwy$499,900+4 bed / 3 bathCustomizable

Source: Foundation Homes Inc

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Estimated market value

$499,400

$474,000 - $524,000

$2,330/mo

Price history

DateEventPrice
3/10/2026Price change$499,900+6.4%$227/sqft
Source: Foundation Homes Inc Report a problem
12/17/2025Listed for sale$469,900+422.1%$213/sqft
Source: Foundation Homes Inc Report a problem
10/18/2024Sold$90,000$41/sqft
Source: Public Record Report a problem
7/11/2005Sold$90,000$41/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2024$150 $20,000
2023$150 $20,000
2022$150 +4.2%$20,000

Find assessor info on the county website

GOLF COURSE LOT!
Own a beautiful Reese model that backs up to the golf course. Did I mention FINISHED BASEMENT?Source: Foundation Homes Inc

Monthly payment

Neighborhood: 22508

Nearby schools

GreatSchools rating
Schools provided by the builder
  • Elementary: LOCUST GROVE ELEM.
  • Middle: LOCUST GROVE MIDDLE
  • High: ORANGE CO. HIGH
  • District: ORANGE CO PBLC SCHS

Source: Foundation Homes Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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