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3210 R St Nw
Washington, DC 20007
$15,000,000
Conventional
Property
Bedroom
5
Bathroom
8
Property Type
Conventional
Square ft
--
Property Description
Experience Unparalleled Luxury in the Heart of Historic Georgetown!Indulge in the epitome of sophistication with this remarkable total 9640 sq.ft., 5-bedroom, 7-bath Georgetown Estate, perfectly situated on a 12,749 SF lot. Beyond the circular driveway and wide federal facade, this residence unfolds over four meticulously finished levels, where each room is bathed in natural sunlight, and no detail has been spared in this Jim Gibson Builder renovated home.The main entrance welcomes you into an open foyer adorned with one of four neo-classical European fireplaces curated for this home. Discover a guest bedroom, 1.5 baths, a sunroom, dining room, and breakfast room, all seamlessly connected and flooded with natural light. The chef's grade kitchen, featuring two Miele dishwashers, a large sub-zero refrigerator, a 6-burner Wolfe stove, and honed marble counters, is complemented by a butler's pantry with a cocktail bar. Convenient elevator access enhances the functionality of this exquisite residence.Ascend to the second level, via the grand custom circular staircase with a view of the amazing backyard in an expansive great room. The attention to detail is evident in the thoughtful selection of materials, the custom wall units, the crown molding elegantly mirrors the flooring, establishing a consistent and polished aesthetic throughout. Two more fireplaces on this level. The classic library with French doors to the terraces welcomes you to stay a while. Two additional bedrooms, one currently utilized as a den, each with its own full bath, offer versatile living spaces.The custom staircase with a sprawling skylight high above leads to the Primary suite. This penthouse level boasts the largest primary suite in Georgetown. With windows on both sides of the room it is always light and inviting. There is a large sitting room area, with fireplace, and 2 spacious closets, one with 29' long built-in fixtured walls. The primary bath features a walk-in shower, a lounge area, and a freestanding circular bath. The other bath features a shower, dressing room. Both offer the top-of-the-line Toto Neorest toilets. A separate professional beauty salon adds convenience that exudes luxury.The lower level provides ample storage space, a bedroom, a living area, 1 bath, and a small kitchen, catering to various lifestyle needs. The other side lower level holds a larger washing facility and a half bath. A grand entrance awaits as you step into an expansive south-facing garden, making it an ideal retreat to enjoy in the heart of Georgetown. Including one of the largest pools in the area, a full-sized, renovated, heated, salt-water swimming pool. Designed for entertainment, the updated outdoor space features multiple terraces strategically placed to capture the best views. The professional landscaping adds a touch of natural beauty..A two-car garage and a storage shed adds practicality to this luxurious oasis.This one-of-a-kind offering, nestled on a highly sought-after block, achieves the rare and perfect balance between luxury living and entertaining. Immerse yourself in the rich history and charm of beautiful Georgetown while reveling in the modern comforts and exquisite features this estate provides.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1941
MLS Number
DCDC2123682
Location
Address
3210 R ST NW
City
WASHINGTON
State
DC
Zip Code
20007
County
WASHINGTON (NW)
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
One Bethesda
Office Phone
(888) 536-0216
Agent Name
Martha Slagle

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.