Historic 3-Bedroom Home with Apartment Potential, Acreage, and Renovation Opportunity

A Rare Investment Opportunity with Endless Possibilities

 

 

Opportunity is knocking for investors, renovators, and buyers searching for a property with character, space, and tremendous potential. This unique 3-bedroom, 2-bathroom single-family home offers the perfect foundation for creating a personalized residence, rental property, multi-generational living arrangement, or long-term real estate investment.

Located in a desirable area of Fairfax, this property combines classic charm with valuable features that are increasingly difficult to find today. Sitting on approximately three acres across three large lots, this home provides privacy, outdoor space, and flexibility rarely available with traditional residential properties.

Built in 1924, the home carries the appeal of an older property with timeless construction details, including original hardwood flooring, a wood-burning fireplace, spacious rooms, and a layout that provides multiple opportunities for improvement. While the property is being sold as-is and requires renovations, the size, location, and additional structures create an exciting opportunity for buyers who recognize the value of transforming a property into something special.

Whether you are an experienced investor looking for your next renovation project, a homeowner wanting to customize a property from the ground up, or someone seeking additional space for extended family, this home offers a unique chance to bring your vision to life.

Spacious Layout with Classic Character

With more than 3,100 square feet of total living space, this home offers generous room sizes and a layout designed for comfortable living. Unlike many newer homes that prioritize efficiency over space, this property provides large bedrooms, expansive common areas, and flexible areas that can be adapted to meet different lifestyle needs.

The main living area welcomes you with plenty of room for furniture arrangements, entertaining guests, and creating a comfortable gathering space. The home’s original character shines through with hardwood flooring, classic details, and a traditional design that provides a strong starting point for renovation.

The spacious bedrooms offer flexibility for families, guests, home offices, hobby rooms, or additional storage. Original hardwood floors add warmth and charm while providing an opportunity for restoration and enhancement.

For buyers interested in historic homes, renovation projects, or properties with unique architectural character, this residence offers the chance to preserve classic features while adding modern upgrades.

Investor-Friendly Property with Multiple Possibilities

One of the most attractive aspects of this property is its potential. Homes with acreage, additional structures, and flexible layouts provide investors with numerous possibilities.

The detached mother-in-law suite or apartment creates an exciting opportunity for additional living arrangements. Depending on buyer goals and local regulations, this separate space could potentially serve as:

• Guest accommodations
• Multi-generational housing
• Home office space
• Hobby area
• Rental opportunity
• Private retreat for family members

Additional living spaces are highly desirable in today’s real estate market as more buyers seek flexibility and options for extended family or supplemental income opportunities.

The large basement adds even more potential. Whether used for storage, a workshop, recreation area, or future finished living space, the basement provides valuable square footage that many homes do not offer.

Three Acres of Outdoor Potential

The property sits on approximately three acres spread across three large lots, creating a rare combination of space and privacy.

This amount of land provides opportunities for buyers who value outdoor living, gardening, recreation, and having room to expand. Unlike properties located on small residential lots, this home offers the freedom to enjoy a more open environment.

The acreage could provide space for:

• Outdoor entertaining areas
• Gardens and landscaping projects
• Recreational activities
• Storage solutions
• Future improvements
• Peaceful outdoor relaxation

The surrounding land adds value by creating separation from neighboring properties while allowing owners to enjoy a more private lifestyle.

For buyers searching for a property that offers both a home and land, this opportunity provides a unique advantage.

Cozy Fireplace and Traditional Home Features

One of the standout interior features is the wood-burning fireplace, creating a warm and inviting atmosphere during colder months. A fireplace adds both charm and functionality, providing a traditional focal point for the living area.

The combination of original hardwood flooring, classic room sizes, and traditional construction creates an atmosphere that modern homes often struggle to replicate.

Additional interior features include:

• Spacious living areas
• Original hardwood flooring
• Laminate flooring in select areas
• Ceiling fans
• Electric heating and central air conditioning
• Public water and sewer access
• Included appliances

While the home requires updates, the existing features provide an excellent foundation for renovation.

Renovation Opportunity with Strong Upside Potential

Properties requiring renovation often provide some of the greatest opportunities for buyers willing to invest time and creativity. This home offers the chance to redesign spaces, modernize systems, and create a residence tailored specifically to personal preferences.

Potential improvements could include:

• Updated kitchen design
• Modernized bathrooms
• Restored hardwood floors
• Energy-efficient upgrades
• Updated lighting and fixtures
• Improved outdoor spaces
• Enhanced apartment functionality

For investors, renovation projects can provide opportunities to increase property value through strategic improvements. For homeowners, renovation allows complete customization and the ability to create a unique living environment.

The property’s size, acreage, and additional living space make it especially appealing compared with smaller renovation opportunities.

Ideal for Homeowners, Investors, and Multi-Generational Living

This property offers broad appeal because it can serve many different purposes.

For Investors:

The combination of acreage, large square footage, and additional apartment potential makes this a property worth exploring for those looking for value-add opportunities.

For Homeowners:

Buyers can create a personalized dream home while enjoying the benefits of privacy and extra space.

For Multi-Generational Families:

The detached living area provides flexibility for relatives, guests, or additional household members who desire separate accommodations.

For Buyers Seeking Land:

Three acres provides room to enjoy outdoor activities, gardening, and a more peaceful lifestyle.

The ability to adapt the property to different needs is one of its greatest strengths.

Convenient Location and Everyday Accessibility

Although the property offers a spacious and private setting, it remains connected to nearby conveniences. Residents can enjoy access to everyday necessities, services, shopping, dining, and community amenities within a reasonable distance.

The location provides a balance between peaceful residential living and accessibility, making it suitable for buyers who want space without completely sacrificing convenience.

A property offering acreage and additional structures in an established area can be difficult to find, making this opportunity especially attractive.

Important Property Details

Property highlights include:

• 3 bedrooms
• 2 full bathrooms
• Approximately 3,136 square feet of total structure area
• Approximately 3 acres of land
• Detached mother-in-law apartment/additional structure
• Large basement
• Wood-burning fireplace
• Original hardwood flooring
• Covered porch
• Metal roof
• Public water and sewer
• Central heating and cooling
• No HOA restrictions

The home was built in 1924 and features traditional construction with aluminum siding and wood framing. The property represents a true renovation opportunity for buyers ready to add value.

A Chance to Create Something Special

Finding a property with this combination of size, acreage, additional living space, and renovation potential is becoming increasingly uncommon. While this home requires work, the possibilities are what make it exciting.

With thoughtful improvements, this property could become a beautiful primary residence, a profitable investment, or a unique multi-generational home.

The existing character provides a strong foundation, while the acreage and flexible layout allow future owners to design a property that matches their goals.

For buyers who understand the value of location, space, and potential, this Fairfax property represents an opportunity to transform a classic home into something truly remarkable.

Properties with this much room, land, and flexibility do not become available often. Schedule a viewing today and explore the possibilities waiting inside this unique renovation opportunity.

 

 

Listed on Zillow.