Why is this McLean house so expensive?

[Anonymous]

Anonymous wrote:this is the most expensive little section of McLean. A true tear down around the corner sold for 3.5 recently - .80 acre lot.

This one?

https://www.redfin.com/VA/McLean/1102-Chain-Bridge-Rd-22101/home/9280795

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

2500 square feet is still not small. Keep trying.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

I don't think anyone on the thread has said they think it's priced correctly, but the idea that a 4200 sq ft house or a 2500 sq ft house is small or tiny is ridiculous.

[Anonymous]

Because people with that kind of money use it as toilet paper?

[Anonymous]

Anonymous wrote:

Anonymous wrote:this is the most expensive little section of McLean. A true tear down around the corner sold for 3.5 recently - .80 acre lot.

This one?

https://www.redfin.com/VA/McLean/1102-Chain-Bridge-Rd-22101/home/9280795

Yes.

[Anonymous]

All that I can focus on are the multiple cat towers

[Anonymous]

I found a couple recent sales in that neighborhood that make me think as crazy as this seems, it might not be (technically) overpriced. A house there recently sold for $1400 sq ft. Probably some Russian oligarch hiding his money and screwing the rest of us with the affects to the market. Another will hide his money in this one.

[Anonymous]

Anonymous wrote:I’ve been wishing that house would go the market for years and even considered writing the owners a letter expressing my interest in buying and preserving it. I’ve shown it to all my friends and family as “the one” and check frequently in hopes it’s for sale. Zillow’s estimate was less than half that and I’m really disappointed they’re asking so much - way out of my budget. The yard used to be overgrown and it looked like a diamond in the rough, so I was surprised the inside looks great - but it’s still way overpriced. In a normal market, I would have grabbed it right away.

Someone might actually pay it though. It’s in Langley Forest which makes this the most classic, normal sized home in a beautiful little pocket near 123 and CIA. Or some builder will pay it and tear it down to build a 10,000 mansion (which will break my heart)

There aren’t many homes like this in McLean - it’s mostly enormous new builds or 70s ranch houses. This is a gem and I hope no one destroys it. I really wanted it. So sad that it’s finally available and out of my price range.

This sounds like the beginning of Meg Ryan movie. I wish it was in your budget!

[Anonymous]

Anonymous wrote:42 comments on the owner's Facebook post about putting her house on the market and not a singler one of her "friends" has the guts to say, "are you out of your ever-loving mind?" Seriously, I have seen many delusional sellers in this market, but this is outrageous. I hope it backfires.

Oh, come on... link please!.
You can't deprive us of this.

[Anonymous]

and on top of all of that... it still has radiator heating. 😱

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’ve been wishing that house would go the market for years and even considered writing the owners a letter expressing my interest in buying and preserving it. I’ve shown it to all my friends and family as “the one” and check frequently in hopes it’s for sale. Zillow’s estimate was less than half that and I’m really disappointed they’re asking so much - way out of my budget. The yard used to be overgrown and it looked like a diamond in the rough, so I was surprised the inside looks great - but it’s still way overpriced. In a normal market, I would have grabbed it right away.

Someone might actually pay it though. It’s in Langley Forest which makes this the most classic, normal sized home in a beautiful little pocket near 123 and CIA. Or some builder will pay it and tear it down to build a 10,000 mansion (which will break my heart)

There aren’t many homes like this in McLean - it’s mostly enormous new builds or 70s ranch houses. This is a gem and I hope no one destroys it. I really wanted it. So sad that it’s finally available and out of my price range.

This sounds like the beginning of Meg Ryan movie. I wish it was in your budget!

So funny - and you’re right, it sure does. Thank you! I wish I could give this story a happy ending.