Open House Sat, Oct 3rd 1:00 PM - 4:00 PM - Primary on Main

Address

7462 Buchanan Drive, King George, VA

Listing Type

ACTIVE

Price

$ 419,000

Property Attributes

MLS#VAKG2008940
TypeSingle Family
Listing Status ACTIVE
CountyKING GEORGE
CityKing George
NeighborhoodPresidential Lakes
Zip22485
StyleRanch/Rambler
Year Built2001
Taxes$ 2383
Price$ 419,000
Bedrooms3
Full Bathrooms2
Half Bathrooms0
Sqr Footage3136
Lot Size0.61 Acres

Data Source:

Bright MLS

Property Description

RARE OPPORTUNITY ASSUMABLE 3% FHA LOAN! Take advantage of an incredible opportunity to assume the sellers 3% FHA mortgage with an approximate remaining loan balance of $269,000, subject to lender approval and FHA assumption requirements. WELCOME HOME TO PRESIDENTIAL LAKES! With approximately 3,136 square feet, this spacious 3-bedroom, 2-full-bath home offers plenty of room to spread out, entertain, work from home, and enjoy the lake-community lifestyle! The main level features 3 bedrooms, 2 full bathrooms, an office area, laundry room, open living room, spacious kitchen with table space, and newer Pergo flooring. Sliding glass doors lead to a wooden deck overlooking the backyard, where you can relax and enjoy the peaceful, wooded surroundings. And theres even more space downstairs! The full finished basement features a large open recreation area plus two additional rooms offering endless possibilities for a home office, gym, media room, hobby space, storage, or NTC bedroom space. A set of double doors provides a convenient walk-out entrance/exit on the side of the home. Major updates add even more value, including a roof that is only approximately 2 years old, a newer water heater, and recently serviced HVAC. Outside, the paved circular driveway provides plenty of parking and easy access. But this home is about more than just the house its the LIFESTYLE! Presidential Lakes offers access to three lakes, perfect for fishing, canoeing, kayaking, or simply enjoying the outdoors. Community amenities include a swimming pool, clubhouse, basketball courts, tennis court, tot playground, children's playground, picnic pavilions, beach and walking trails. LIVE LIKE YOURE ON VACATION YEAR-ROUND! Enjoy the peaceful lake-community setting while remaining convenient to shopping, schools, restaurants, the U.S. Post Office, and commuter routes. The home is approximately 12 miles from Dahlgren, 15 miles from US-301, 18 miles from Fredericksburg and I-95, and 43 miles from Quantico. SPACE. AMENITIES. LAKE LIFE. AND A 3% ASSUMABLE FHA LOAN opportunities like this dont come along every day!

Price History
9/26/2026	Listed $419,000

General Features

Living Area	3136
Sewer	On Site Septic
Heating	Heat Pump(s)
Cooling	Central A/C
Possession	Settlement
Roof	Architectural Shingle
Zoning	R-1
HOA Fee	1350.00
Patio/Porch Features	Deck(s)
Architectural Style	Ranch/Rambler
Construction Materials	Vinyl Siding
School District	KING GEORGE COUNTY PUBLIC SCHOOLS
Year Built	2001
Levels	2
Tax Year	2025
Ownership	Fee Simple
Cool Fuel	Electric
Accessibility	None
Assoc Fee Paid Per	Annually
County	KING GEORGE
New Construction	No
Property Type	Residential
HOA	Yes
Subdivision Name	PRESIDENTIAL LAKES
Garage Y/N	No
Water Access Y/N	Yes
Other Structures	Above Grade,Below Grade
Full Baths	2
Status	ACTIVE
Directions	GPS
City	KING GEORGE
Disclosures	Prop Disclosure
Association Name	PRESIDENTIAL LAKES POA
Senior Community Y/N	No
Lot Size Units	Square Feet
Lot Size Square Feet	26397.00
Tax Assessed Value	350400.0
Tax Annual Amount	2383.0
Home Warranty Y/N	No
Structure Type	Detached
Condo/Coop Association fee Y/N	No
Bathrooms Full Main Level	2
Bathrooms Count Main Level	2.00
Price Per Sq Ft Total AG	267.22
Acceptable Financing	Assumption,FHA,USDA,VA,VHDA,Conventional,Cash
Lease Considered Y/N	No
Vacation Rental Y/N	No
Total SQFT	3136
Standard Status	Active
Year Built Source	Assessor
Legal Subdivision	PRESIDENTIAL LAKES
Tax Lot	47

Interior Features

Interior Amenities	Bathroom - Tub Shower,Ceiling Fan(s),Kitchen - Table Space,Primary Bath(s),Family Room Off Kitchen,Entry Level Bedroom,Other
Heating Fuel	Electric
Basement	Fully Finished,Walkout Level,Outside Entrance
Hot Water	Electric
Basement (Y/N)	Yes
Heating Y/N	Yes
Above Grade Finished Area	1568
Central Air Y/N	Yes
Total Bedrooms	3
Below Grade Finished Area	1568
Main Level Bedrooms	3
Below Grade Finished Area Unit Type	Square Feet
LivingAreaSource	Estimated
Laundry Type	Main Floor
Below Grade Finished Area Source	Estimated
Above Grade Finished Area Source	Estimated
Above Grade Finished Area Unit Type	Square Feet
Total Baths	2

Exterior Features

Pool	Yes - Community
Parking Features	Paved Driveway
Water Source	Public
Type of Parking	Driveway
Foundation Details	Concrete Perimeter
Water View Y/N	No
Lot Size Acres	0.61
Road Surface Type	Paved
Water Body Type	Lake
Lot Size Source	Assessor
Waterfront Y/N	No
Water Access Features	Canoe/Kayak
Horse Y/N	No
Land Assessed Value	60000.00
Navigable Water Y/N	Yes
Water Oriented Y/N	Yes