New waterfront home at Lake Anna, Compass Cove
A new waterfront home on the private side of Lake Anna, built by Built Right Homes and nearing completion. This Craftsman-style home offers more than 5,500 square feet across two levels on a 1.5-acre lot in Compass Cove, one of Lake Anna’s newest subdivisions.
Builder-paid financing incentive
With a full-price offer and use of the builder’s preferred lender, qualified buyers may be eligible for a builder-paid temporary interest rate buydown valued at about $28,717. Based on 20% down and a loan amount of $1,239,200, the current scenario is a 7/1 ARM with a 4.75% rate in Year 1 (estimated principal and interest of $6,558/month), 5.75% in Year 2 ($7,331/month), and 6.75% from Year 3 on ($8,141/month). The builder will pay the approximate $28,717 cost of the temporary buydown with an acceptable full-price offer and use of the preferred lender. Buyer must qualify. Rates, terms, payments, and program availability are subject to change. Taxes, insurance, HOA dues, and other costs are not included in these figures. Contact the listing agent for the preferred lender.
The home
Eight-foot double front doors open to a light, open floor plan with 9-foot ceilings, Mohawk LVP flooring, and a gas fireplace with custom built-ins. The kitchen is built for real use: a large island, quartz countertops, a tile backsplash, stainless steel appliances, a 5-burner gas cooktop, double wall ovens, a farmhouse sink, and an oversized walk-in pantry.
The home has 6 bedrooms and 4.5 baths (two bedrooms are not counted, NTC, toward the 4-bedroom septic). The main level has two lakeside primary suites, each with a private bath and tiled shower, one with a soaking tub, and both with direct access to the deck over the water. Two more main-level bedrooms share a Jack-and-Jill bath, and there is a mudroom and laundry room plus a half bath.
Lower level
The finished walkout basement adds a large family room, a recreation area, two more bedrooms, and a full bath. Another 1,000 unfinished square feet is ready for a home theater, gym, or whatever the next owner needs.
Outside
Board and batten vinyl siding, 6-inch black gutters, and a partially covered back deck with a gas grill hookup. The level backyard has lake views and room for a pool, and the private dock with a sun deck is already in place.
Location
Compass Cove sits on the private side of Lake Anna, minutes from groceries, local dining, and the Elk Creek Country Store. It is a short-term-rental-friendly community, so the home works as a full-time residence, a weekend place, or an income property.
To tour the home or talk through a build of your own, request a free consultation at builtrighthomesva.com/contact-us/ or call (540) 215-2288.
