$10,750,000
SOLD FEB 28, 2025

2227 Penny Ln The Plains, VA 20198

6 Beds
7 Baths
8,000 Sq Ft
435 Acres

Recently Sold

$1,344 Per Sq Ft

45% Below List Price

477 Days on Market

Highlights

  • 630 Feet of Waterfront
  • Stables
  • Greenhouse
  • Guest House
  • Private Water Access
  • Cabana

About This Home

As of February 2025

Oakendale Farm, a prestigious 435-acre estate dating to 1938, represents the pinnacle of equestrian living. Designed by celebrated architect William Lawrence Bottomley and crafted by master builder W.J. Hanback, this Colonial Revival stone manor commands breathtaking vistas from the Bull Run to the Blue Ridge Mountains. The estate's gracious interiors feature wide-board walnut flooring, a curved staircase, and elegant formal spaces including a banquet-sized dining room and handsome paneled library. Multiple courtyards connect the manor to additional structures including a private office, guest house, and a custom greenhouse. The grounds showcase meticulously manicured gardens, a 60-foot pool with pool house, and extensive equestrian facilities. Protected by the Virginia Outdoors Foundation across two parcels, Oakendale Farm offers unparalleled opportunities for countryside pursuits and distinguished entertaining.

Last Agent to Sell the Property

John Coles

Thomas and Talbot Estate Properties, Inc.

Last Buyer's Agent

Laura Farrell

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,127

Year Built

  • Built in 1938 | Remodeled in 1985

Lot Details

  • 435 Acre Lot
  • 630 Feet of Waterfront
  • Creek or Stream
  • Rural Setting
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Open Lot
  • Partially Wooded Lot
  • Additional Land
  • There are 2 parcels in total, PIN 7002-77-2298-000 with 333 acres and PIN 7002-47-8754-000 with 102 acres
  • Historic Home
  • Property is in very good condition
  • Property is zoned RA

Parking

  • 5 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage

Property Views

  • Pond
  • Panoramic
  • Scenic Vista
  • Woods
  • Pasture
  • Mountain
  • Garden
  • Courtyard

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Stone Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 8,000 Sq Ft Home
  • Property has 3.5 Levels
  • 1 Elevator
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Marble Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • French Doors
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Library
  • Basement

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Butlers Pantry
  • Commercial Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Private Water Access
  • Pond
  • Stream or River on Lot
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Greenhouse
  • Office or Studio
  • Outbuilding
  • Rain Gutters

Schools

  • W.G. Coleman Elementary School
  • Marshall Middle School
  • Kettle Run High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables

Utilities

  • Central Air
  • Radiator
  • Vented Exhaust Fan
  • Underground Utilities
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Accessible Elevator Installed
  • Guest House

Community Details

  • No Home Owners Association
  • Built by W. J. Hanback
  • Oakendale

Listing and Financial Details

  • Tax Lot 1A AND 2
  • Assessor Parcel Number 7002-77-2298

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,127

Year Built

Built in 1938 | Remodeled in 1985

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1938
  • Year Renovated: 1985
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Oakendale Farm, a prestigious 435-acre estate dating to 1938, represents the pinnacle of equestrian living. Designed by celebrated architect William Lawrence Bottomley and crafted by master builder W.J. Hanback, this Colonial Revival stone manor commands breathtaking vistas from the Bull Run to the Blue Ridge Mountains. The estate's gracious interiors feature wide-board walnut flooring, a curved staircase, and elegant formal spaces including a banquet-sized dining room and handsome paneled library. Multiple courtyards connect the manor to additional structures including a private office, guest house, and a custom greenhouse. The grounds showcase meticulously manicured gardens, a 60-foot pool with pool house, and extensive equestrian facilities. Protected by the Virginia Outdoors Foundation across two parcels, Oakendale Farm offers unparalleled opportunities for countryside pursuits and distinguished entertaining.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Dryer, Exhaust Fan
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Additional Stairway, Built-Ins, Butlers Pantry, Crown Moldings, Curved Staircase, Elevator, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Table Space, Primary Bath(s), Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s), Marble, Wood
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: French
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Levels Count: 3.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Library, Foyer, Breakfast Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Combination
  • Laundry Type: Main Floor
  • Total Sq Ft: 8000
  • Living Area Sq Ft: 8000
  • Price Per Sq Ft: 2450.00
  • Above Grade Finished Sq Ft: 8000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2227

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 5.00
  • Upper Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Stable, Cabana/Pool House, Garage(s), Greenhouse, Guest House, Office/Studio
  • Construction Materials: Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Gutter System, Outbuilding(s)
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Roof: Metal
  • View: Courtyard, Garden/Lawn, Mountain, Panoramic, Pasture, Pond, Scenic Vista, Trees/Woods
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Pond and creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 630

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Under Ground
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FAUQUIER COUNTY PUBLIC SCHOOLS
  • Elementary School: W.G. COLEMAN
  • Middle School: MARSHALL
  • High School: KETTLE RUN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140614887
  • School District Source: 3rd Party
  • Elementary School: W.G. COLEMAN
  • High School: KETTLE RUN
  • Middle Or Junior School: MARSHALL

Lot Info

  • Horses: Yes
  • Additional Parcels: Yes
  • Additional Parcels Description: There are 2 parcels in total, PIN 7002-77-2298-000 with 333 acres and PIN 7002-47-8754-000 with 102 acres
  • Horse Amenities: Paddock, Stable(s)
  • Lot Features: Additional Lot(s), Landscaping, Not In Development, Open, Partly Wooded, Pond, Private, Road Frontage, Rural, Stream/Creek
  • Lot Size Acres: 435.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18948600.00
  • Outdoor Living Structures: Patio(s), Terrace, Balcony
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RA
  • In City Limits: No

Building Info

  • Builder Name: W. J. Hanback

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 34127.00
  • Assessor Parcel Number: 7002-77-2298
  • Tax Lot: 1A AND 2
  • Tax Total Finished Sq Ft: 2092
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/28/2025

MLS Schools

  • School District Name: FAUQUIER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $10,750,000 -45.2% $1,344 / Sq Ft
12/22/2024 12/22/24 Price Changed $19,600,000 +33.3% $2,450 / Sq Ft
11/11/2024 11/11/24 Price Changed $14,700,000 -25.0% $1,838 / Sq Ft
10/13/2023 10/13/23 For Sale $19,600,000 +124.0% $2,450 / Sq Ft
08/22/2018 08/22/18 Sold $8,750,000 -2.7% $4,183 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
02/16/2017 02/16/17 For Sale $8,990,000 -- $4,297 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $35,652 $3,779,300 $900,700 $2,878,600
2023 $34,141 $3,779,300 $900,700 $2,878,600
2022 $34,141 $3,779,300 $900,700 $2,878,600
2021 $27,409 $2,756,100 $914,200 $1,841,900
2020 $27,409 $2,756,100 $914,200 $1,841,900
2019 $27,409 $2,756,100 $914,200 $1,841,900
2018 $27,079 $2,756,100 $914,200 $1,841,900
2016 $26,197 $2,520,100 $833,300 $1,686,800
2015 -- $2,520,100 $833,300 $1,686,800
2014 -- $2,520,100 $833,300 $1,686,800
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $2,500,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Source: Public Records

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Source: Bright MLS

MLS Number: VAFQ2010208

Bright MLS

APN: 7002-77-2298

Virginia Fauquier County The Plains 20198

2227 Penny Ln, The Plains, VA

Homes for Sale in The Plains, VA

This home is located at 2227 Penny Ln, The Plains, VA 20198 and is currently priced at $10,750,000, approximately $1,343 per square foot. This property was built in 1938. 2227 Penny Ln is a home located in Fauquier County with nearby schools including W.G. Coleman Elementary School, Marshall Middle School, and Kettle Run High School.

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