Outstanding opportunity for builders, investors, or buyers seeking acreage. This unique 16-acre property features a charming 1930s farmhouse fully renovated in 2000, and offers excellent potential for a private homestead, long-term investment, or future development. The home has been thoughtfully restored, featuring beautiful crown moulding on the main level, a sunlight-filled eat-in kitchen, and hardwood floors throughout. Located just off the four-lane Route 17 Fredericksburg commuter corridor, the property combines expansive land with everyday convenience - within walking distance of local shopping and adjacent to an elementary school. A key highlight of the property is its road frontage on three sides. This feature provides excellent access and layout flexibility and creates the possibility for multiple homesites with its R-1 zoning. A power line easement is present on the property, offering further considerations for future planning. A site plan for four additional building lots was approved in 2003, and a draft subdivision plat was completed; however, approval expired before the final plat was recorded. Buyers are advised to conduct their own due diligence regarding subdivision potential, zoning, and applicable permitting requirements. With 16 scenic acres and historic charm, this property presents a compelling opportunity to enjoy a restored farmhouse, create a private estate, or explore development possibilities.