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Property profile & analytics
FOR SALE
Specialty properties

900 Ficklen Rd Fredericksburg, VA 22405

Built 1880
Individually Owned 2-yr Hold
Property ID
US87-0878302
Property summary
AI-generated overview

“Highland Home”, the sister house to Belmont, was built in 1880 by the Ficklen Family for their daughter Ann Eliza “Nanny” Ficklen and her husband, Daniel Murray Lee (Nephew of Robert E. Lee) Married at St. George’s Church in 1874, the original owners are still Fredericksburg residents, buried in the Confederate Cemetery. Constructed of brick and cypress, “Highland Home” is one of the few examples of Second Empire Victorian design still standing. From the hardwood floors, to the handrails, balustrades to the tread brackets, much of the home is still original to its 1880 construction. Electrical, plumbing, and heat have all been modernized. Originally 8 bedrooms on 500 acres, the home was remodeled after WWII to provide housing for Marines coming home from war, and now sits on just under 3.5 acres. The property now features 9 apartments, each with their own kitchen and bathroom. As such, Highland Home would be ideal for a savvy investor looking to own a historically rich Bed & Breakfast, Venue, or Multi-Family property. While in need of considerable renovations, the owners are offering the property at a fraction of the home's value once it's restored. Claim your place in history. Step into the legacy. Embrace the gentility. Please DO NOT visit the property without an appointment. List agent will need to be present

Property profile
Verified
Property type Specialty properties
Year built 1880
UPID US87-0878302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Elizabeth Dillard Greypardo · 2 yrs held
Elizabeth Dillard Greypardo
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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