7462 Buchanan Dr, King George, VA 22485

Property Description

RARE OPPORTUNITY — ASSUMABLE 3% FHA LOAN! Take advantage of an incredible opportunity to assume the seller’s 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 there’s 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 — it’s 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 YOU’RE 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 don’t come along every day!