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5613 Mclean Drive
Bethesda, MD 20814
$5,195,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
7733
Property Description
This spectacular residence was awarded "Custom Builder Award of Excellence", First of its Class 2022! Located in sought-after Whitehall Manor neighborhood of Bethesda, bordering Edgemoor, conveniently within 1 mile walking distance to exquisite restaurants and shopping at Bethesda’s Woodmont Triangle, Bethesda Row and Metro. This is a next-level, meticulously designed sophisticated residence in pristine condition. Elevator-ready. Boasts over 7,700 SF of finished living space on 4 levels, with an additional 1,000 SF of outdoor living space. Quality of construction, materials, designer finishes, and custom smart-home technology throughout is unsurpassed in providing comfort and luxurious living. Every design element was uniquely selected in crafting this extraordinary masterpiece. At the heart of this home is an exquisite gourmet chef's kitchen, great-room and breakfast-room. Two collapsible glass sectioned doors, 16ft and 8ft, fully open to a large stone terrace creating a stunning indoor/outdoor venue with gorgeous northwest views! Kitchen features oversized island, Sub-Zero refrigerator and freezer columns, Wolf cooktop with double griddle, 2 full size Wolf ovens, speed-convection-microwave oven, 2 knock-to-open Miele dishwashers, built-in Miele espresso/cappuccino machine, warming drawer, motion-activated faucet, large walk-in storage pantry, and so much more! The Butler’s Pantry features Sub-Zero beverage, wine refrigerators, and a designer hammered chrome sink with disposal. Both areas share the same designer Carrara Marble wall tile with stainless steel inlays. Great-Room features an oversized gas fireplace and voice-controlled LED Cove lighting system. Indoor/outdoor speakers throughout for your listening enjoyment. Main level continues with a spacious Library/Home Office featuring separate entry French doors, elegant Dining Room with voice-controlled LED Cove lighting, Powder Room with designer marble accent wall and a Mudroom with bench and custom cabinetry. Oversized three-car garage with high ceilings, electric Tesla car charger, and extra-wide custom 9 ft. garage doors complete the main level. Wide open stairwells with elegant metal railings, lead to all three levels. Primary Bedroom Suite is a retreat offering luxurious comfort featuring a cathedral ceiling with magnificent arched window and linear fireplace. An extravagant customized walk in, movie star dressing room/closet, and individual his and her baths will delight! Master bath also boasts radiant heated marble floors, joined by a double-entry steam shower and stand-alone soaking tub. Bathroom alcove features Sub-Zero beverage center and ample storage. Three more bedroom suites with uniquely designed ensuite bathrooms, a family-lounge area and large laundry room with leathered marble countertops round out the upper-level. The wonderful top-level loft is a flexible space that could serve as in-law suite or teen hang out, with an additional bedroom and bath, ceiling speakers, and a rooftop deck with outdoor speakers. A perfect spot to catch beautiful sunsets! The Walk-out lower level features 10’ ceilings and is designed to entertain and live your best life. Large home theater with seating for 10+, a 6’ linear gas fireplace, Multicolor Cove lighting and a sixth bedroom/game room and full bath.. The walk-out space provides endless opportunities for entertainment and recreation. A full kitchen/bar, billiards area, exercise & massage room will certainly make this lower-level a "must" destination for friends and family. Three sets of oversized sliding glass doors open to a wonderful covered loggia and backyard. Home is sited on a beautiful 1/4 acre with an expansive flat backyard that’s perfect for a pool.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2019
MLS Number
MDMC2122902
Location
Address
5613 MCLEAN DRIVE
City
BETHESDA
State
MD
Zip Code
20814
County
MONTGOMERY (SOUTH)
Listing
Provider
Name
Compass
Phone
(202) 491-1275
Office Name
Compass
Office Phone
(301) 304-8444
Agent Name
Avi Galanti

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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.