Anonymous wrote:Is this really all you get for $4 million these days?
Anonymous wrote:Anonymous wrote:How about this one?
https://www.redfin.com/VA/Mc-Lean/8533-Georgetown-Pike-22102/home/9262205
It’s really on the far border of McLean.
Anonymous wrote:How about this one?
https://www.redfin.com/VA/Mc-Lean/8533-Georgetown-Pike-22102/home/9262205
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We have close family moving from out of state to McLean with a budget of ~4 million. Wanted to get feedback and criticism on these two properties that they recently toured:
1. https://www.redfin.com/VA/Mc-Lean/8310-Weller-Ave-22102/home/9265755
2. https://www.redfin.com/VA/Mc-Lean/893-Georgetown-Ridge-Ct-22102/home/109702428
House 1 is in a preferable location but has a shared driveway. Looks like a nice new ski location house. House 2 is only accessible offf Georgeown Pike. Looks like many upscale newish shops and malls. Neither is large lot.
Realtor is driving the relocating family to weird properties. Need to move so how about this place? It's new!
Note some one bought a house in the reserve for less $ - https://www.redfin.com/VA/McLean/7797-Solitude-Ct-22102/home/9830358
This house is 20 years old! And showing its age. The kitchen and the master bath are dated.
Buyers at this price point want turnkey.
The grounds are gorgeous and the bones are great, the flow is nice for open concept if that’s your thing. Even the beigyness of it/aging is graceful. It’s not a nasty looking shade. Doesn’t smack you in the face with grey and white modernity but I could live with it.
This house has great potential but requires significant work. Its location in the Reserve is not great and the overall quality of homes in the neighborhood is subpar. The exterior is beautiful, but the pool and pool house need attention. Inside, the builder-grade fixtures, bathrooms, and kitchen would all need to be gutted. I believe it would sell quickly in the $3.5M-$4M range.
There’s also a “coming soon” listing in Spring Hill Farm, priced below this home. The build quality there is exceptional. Though the homes in Spring Hill Farm were built just a few years after those in the Reserve, they are crafted with far more attention to detail and quality.
Spring Hill Farm is a great neighborhood. Only 18 houses on 25 acres. George Sagatov was the builder and the houses are beautiful and built to last 100+ years. The HOA fee is 1/2 that of “THE Reserve”
This particular home in Spring Hill Farm is odd. The rest of the homes were built by Artisan Builders. Why was this one done by another builder?
Also, why no pictures of the inside of the home? It’s been on the MLS since November.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We have close family moving from out of state to McLean with a budget of ~4 million. Wanted to get feedback and criticism on these two properties that they recently toured:
1. https://www.redfin.com/VA/Mc-Lean/8310-Weller-Ave-22102/home/9265755
2. https://www.redfin.com/VA/Mc-Lean/893-Georgetown-Ridge-Ct-22102/home/109702428
House 1 is in a preferable location but has a shared driveway. Looks like a nice new ski location house. House 2 is only accessible offf Georgeown Pike. Looks like many upscale newish shops and malls. Neither is large lot.
Realtor is driving the relocating family to weird properties. Need to move so how about this place? It's new!
Note some one bought a house in the reserve for less $ - https://www.redfin.com/VA/McLean/7797-Solitude-Ct-22102/home/9830358
This house is 20 years old! And showing its age. The kitchen and the master bath are dated.
Buyers at this price point want turnkey.
The grounds are gorgeous and the bones are great, the flow is nice for open concept if that’s your thing. Even the beigyness of it/aging is graceful. It’s not a nasty looking shade. Doesn’t smack you in the face with grey and white modernity but I could live with it.
This house has great potential but requires significant work. Its location in the Reserve is not great and the overall quality of homes in the neighborhood is subpar. The exterior is beautiful, but the pool and pool house need attention. Inside, the builder-grade fixtures, bathrooms, and kitchen would all need to be gutted. I believe it would sell quickly in the $3.5M-$4M range.
There’s also a “coming soon” listing in Spring Hill Farm, priced below this home. The build quality there is exceptional. Though the homes in Spring Hill Farm were built just a few years after those in the Reserve, they are crafted with far more attention to detail and quality.
Spring Hill Farm is a great neighborhood. Only 18 houses on 25 acres. George Sagatov was the builder and the houses are beautiful and built to last 100+ years. The HOA fee is 1/2 that of “THE Reserve”
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We have close family moving from out of state to McLean with a budget of ~4 million. Wanted to get feedback and criticism on these two properties that they recently toured:
1. https://www.redfin.com/VA/Mc-Lean/8310-Weller-Ave-22102/home/9265755
2. https://www.redfin.com/VA/Mc-Lean/893-Georgetown-Ridge-Ct-22102/home/109702428
House 1 is in a preferable location but has a shared driveway. Looks like a nice new ski location house. House 2 is only accessible offf Georgeown Pike. Looks like many upscale newish shops and malls. Neither is large lot.
Realtor is driving the relocating family to weird properties. Need to move so how about this place? It's new!
Note some one bought a house in the reserve for less $ - https://www.redfin.com/VA/McLean/7797-Solitude-Ct-22102/home/9830358
This house is 20 years old! And showing its age. The kitchen and the master bath are dated.
Buyers at this price point want turnkey.
The grounds are gorgeous and the bones are great, the flow is nice for open concept if that’s your thing. Even the beigyness of it/aging is graceful. It’s not a nasty looking shade. Doesn’t smack you in the face with grey and white modernity but I could live with it.
This house has great potential but requires significant work. Its location in the Reserve is not great and the overall quality of homes in the neighborhood is subpar. The exterior is beautiful, but the pool and pool house need attention. Inside, the builder-grade fixtures, bathrooms, and kitchen would all need to be gutted. I believe it would sell quickly in the $3.5M-$4M range.
There’s also a “coming soon” listing in Spring Hill Farm, priced below this home. The build quality there is exceptional. Though the homes in Spring Hill Farm were built just a few years after those in the Reserve, they are crafted with far more attention to detail and quality.
Anonymous wrote:A lot of the high-quality new builds sell well before they hit the MLS.
OP, have your family call a few of the reputable builders in McLean. Set up a meeting and see what lots/projects they have available. Or look at their websites. They have a very generous budget and deserve a beautiful home that will hold its value.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We have close family moving from out of state to McLean with a budget of ~4 million. Wanted to get feedback and criticism on these two properties that they recently toured:
1. https://www.redfin.com/VA/Mc-Lean/8310-Weller-Ave-22102/home/9265755
2. https://www.redfin.com/VA/Mc-Lean/893-Georgetown-Ridge-Ct-22102/home/109702428
House 1 is in a preferable location but has a shared driveway. Looks like a nice new ski location house. House 2 is only accessible offf Georgeown Pike. Looks like many upscale newish shops and malls. Neither is large lot.
Realtor is driving the relocating family to weird properties. Need to move so how about this place? It's new!
Note some one bought a house in the reserve for less $ - https://www.redfin.com/VA/McLean/7797-Solitude-Ct-22102/home/9830358
This house is 20 years old! And showing its age. The kitchen and the master bath are dated.
Buyers at this price point want turnkey.
The grounds are gorgeous and the bones are great, the flow is nice for open concept if that’s your thing. Even the beigyness of it/aging is graceful. It’s not a nasty looking shade. Doesn’t smack you in the face with grey and white modernity but I could live with it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Both of these homes remind me of the famous “luxury” river front house that sat for years in McLean. 7022 Green Oak Drive was listed for $7 million in 2021.
It sold in March of this year for just over $3M.
How did this go so cheap??
The owners were very motivated to sell. And $3M was the top of what they could get.
The value for this house is in the lot and the current house will likely be torn down. The problem is that the house was exceptionally cheaply built in 2003. The kitchen has what I’m pretty sure are IKEA cabinets and the countertops are very thin.
I don’t know why banks are willing to give 30 year mortgages on a low-quality home that will need to be torn down in less than 25 years. I guess they figure the land will keep appreciating.
The few pictures that I could find honestly don't look that bad: https://patch.com/virginia/mclean/look-inside-599m-custom-built-waterfront-estate-mclean-0
5 acres along the river seems like a steal
See if you can find photos of the kitchen online somewhere. That’s what most of the house looks like.
Much of the 5 acres is not usable with the current zoning and logistically with the topography. There are significant restrictions on what can and cannot be built on the land since it’s part of a park easement. The prior owners got into significant legal trouble by cutting down a few trees without permission.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Both of these homes remind me of the famous “luxury” river front house that sat for years in McLean. 7022 Green Oak Drive was listed for $7 million in 2021.
It sold in March of this year for just over $3M.
How did this go so cheap??
The owners were very motivated to sell. And $3M was the top of what they could get.
The value for this house is in the lot and the current house will likely be torn down. The problem is that the house was exceptionally cheaply built in 2003. The kitchen has what I’m pretty sure are IKEA cabinets and the countertops are very thin.
I don’t know why banks are willing to give 30 year mortgages on a low-quality home that will need to be torn down in less than 25 years. I guess they figure the land will keep appreciating.
It's not because of topography, hilly lots sell fast in more central areas and large homes get built there. Builders know how to handle retaining walls and build homes on downward slopes and on the hills. It's likely for other reasons, maybe it's a remote area and not as desirable and difficult to get to, or maybe it's due to airplane noise as they fly over the river. IDK. There are huge homes costing many millions along the river and they have similar topography.
The few pictures that I could find honestly don't look that bad: https://patch.com/virginia/mclean/look-inside-599m-custom-built-waterfront-estate-mclean-0
5 acres along the river seems like a steal
See if you can find photos of the kitchen online somewhere. That’s what most of the house looks like.
Much of the 5 acres is not usable with the current zoning and logistically with the topography. There are significant restrictions on what can and cannot be built on the land since it’s part of a park easement. The prior owners got into significant legal trouble by cutting down a few trees without permission.
Yeah that’s the whole point
Who cares, how much house do you need? The views make up for it, the scenery is what's worth millions itself. I am sure there would be no challenge to build a 10K sq.ft house there, they build them on similar steep downward sloping much smaller lots in hillier parts of NOVA. I personally like this house the best at least whatever part of interior they show, it has character and takes advantage of the views.
So, in your opinion, why did the house not sell for years? There were several hearty price drops. Why did it sit for months even after the price was dropped to $3.5M?
Looks like it was heavily marketed and it was featured in the Washington Post and other publications. The agent is known to be easy to work with.