Historic Charm Meets Modern Living in Downtown LeesburgWelcome to 316 Edwards Ferry Road, the distinguished "Shreve House" - a historic gem that has been thoughtfully restored, renovated, and expanded by its devoted current owner of over 50 years. This exceptional 5-bedroom property sits on a generous 0.55-acre lot in downtown Leesburg, offering a rare opportunity to enjoy the perfect blend of historic character and modern convenience. Step outside your door and stroll to local shops, restaurants, and community events while returning home to your private oasis - a surrounded by mature trees and lush plantings.The versatile main residence features a flexible 4-6 bedroom and 3.5 bathroom layout with the luxury of primary suites on both the main and upper levels. The property goes beyond traditional living spaces with its detached guest house complete with a full bedroom, bathroom, kitchen, and laundry facilities that has established a strong long term rental history and would make an ideal Airbnb as well. Adding to this property's unique charm is the original two-level Smokehouse, now transformed into a standalone home office/studio with soaring ceilings - perfect for remote work or creative pursuits.Throughout the home, period details like the original claw foot tub and exposed wood lap siding harmonize beautifully with thoughtful modern updates. The welcoming front porch preserves the home's classic historic appeal, while the fully fenced front yard ensures privacy and safety. Outdoor entertaining shines with a stone patio and a beautiful enclosed patio featuring tranquil fountains - ideal for al fresco dining amid serene landscaping.The 1995 addition showcases remarkable craftsmanship with large posts and beams personally sourced by the owner (also used in the construction of Market Station in downtown Leesburg) from historic structures - interior oak posts from a West Virginia barn and pine beams from an industrial building in Ohio. Recent improvements include a maintenance-free metal roof installed in 2023 on both the main house and studio, 2 heating units replaced (one last month, and the other two years ago), brand new carpet, and fresh interior paint throughout both the main house and cottage. The exterior features durable, maintenance-free Hardie plank siding on the addition, and a recently replace hot water heater in the cottagePerfect for multi-generational living, home-based business ventures, or rental income opportunities, this property offers exceptional flexibility for modern lifestyles while preserving its historic integrity. Don't miss this rare opportunity to own a piece of Leesburg history with all the space and convenience of contemporary living.Leesburg: The County Seat of Loudoun County, Leesburg is one of the few towns in Virginia that has seamlessly merged modern development with existing local culture. With a rich history that dates back to the county’s founding in 1758, Leesburg is the ideal living destination for those looking to maintain a small town feel, while still living an arm’s reach from D.C. Three high schools serve the town, each ranked nationally in academics and standardized test scores. Leesburg’s housing spectrum is one of the most diverse in the United States, with properties that can accommodate first-time buyers all the way to luxury homes nestled beside the Potomac River, along world renowned golf courses. Leesburg also boasts one of the region’s best shopping arrangements, from specialized boutiques in the Old Town District to a premium outlet mall just off Route 15.