Description of 42755 Cannon Chapel Dr, Leesburg, VA 20176
Listing details for 42755 Cannon Chapel Dr, Leesburg, VA 20176 : NEW PRICE: $1,320,000 ā 30K BELOW ORIGINAL ASKING PRICE, PLUS MULTIPLE FINANCING OPTIONS!
5.75% VA LOAN ASSUMPTION OPPORTUNITY! Sellers' existing VA mortgage carries a fixed 5.75% note rate and may be assumable by a qualified buyer who can substitute sufficient VA entitlement to restore the sellers' entitlement fully. Subject to loan-servicer approval and applicable VA requirements. Contact the listing agent for details.
SELLER CONCESSION CREDIT AVAILABLE! With an acceptable offer, sellers will consider a concession toward a temporary 2-1 mortgage buydown for qualified buyers. This option temporarily reduces monthly principal-and-interest payments during the first two years. Payments are calculated using an interest rate 2 percentage points below the original note rate in year one and 1 percentage point below it in year two. Beginning in year three, payments are based on the original note rate.
STUNNING PULTE MERIWETHER! Nestled on a quiet street with convenient curbside parking, this 22-month-old Craftsman offers 4,624 total finished square feet across three thoughtfully designed levels. The expansive floor plan features 5 generous bedrooms, 5.5 beautifully appointed baths, a study nook off the chef's kitchen, and a screened porch for entertaining and relaxation. The driveway accommodates two large vehicles, and the 2-car garage includes an electric vehicle charging station.
FLEXIBLE SELLERS! Sale is NOT contingent on the sellers' purchase of another residence. Offers from buyers with homes to sell are welcome.
FINANCING DETAILS: Seller concessions are negotiable and subject to the sales contract. Buyers should consult their lenders regarding buydown availability, eligibility, loan-program requirements, and approval. The VA assumption and temporary buydown are separate financing options, each subject to applicable requirements.
Don't let today's financing environment keep you from exploring this exceptional home. Schedule your private tour today!
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Data last updated: October 17, 2026 3:49 PM UTC
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