Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
1034 Founders Ridge Lane
Mclean, VA 22102
$5,495,900
Conventional
Property
Bedroom
7
Bathroom
10
Property Type
Conventional
Square ft
12012
Property Description
This 11,000 square-foot colonial masterpiece is located in the exclusive Founders Ridge and The Reserve in McLean—an elite neighborhood comprised of 175 high-end homes. The property features a precast circular driveway, a four-car silo garage, and a sprawling veranda with slate flooring overlooking a beautifully landscaped 1-acre lot. The backyard is a private oasis, complete with a pool, fire pit, fountains, patio, and a quaint beach area perfect for relaxing or playing beach volleyball. Entering through a custom-made, oval-shaped cherry front door, you are greeted by a grand marble foyer and a striking circular staircase. The home boasts natural cherry wood and hardwood flooring throughout, including on the stairs. The main level includes an embassy-sized dining room and a formal living room, both adorned with mason fireplaces featuring precast mantles. Additional first-floor amenities include a powder room, a library that opens to the back patio, a two-story family room, and an exceptional custom kitchen with a butcher block center island, inset cabinets, and custom knobs. Adjacent to the kitchen is a sunlit morning room, a butler’s pantry equipped with a wine chiller and sink, a spacious mudroom, a large laundry room, a family bathroom, and an expansive walk-in pantry. The upper level houses three secondary bedrooms, one of which is a private suite with its own bathroom and walk-in closet, while the other two share a Jack-and-Jill bathroom. The luxurious primary suite features a sitting room with a fireplace, a private veranda, two vast closets, and an opulent bathroom with a waterfall tub and a doorless shower. This level also provides access to a large room currently used as a home office/boardroom with garage access, and it could also serve as an exercise room or additional living space. From here, stairs lead up to a fourth-level suite, which includes two bedrooms or office spaces, a kids' playroom, and a full bathroom. The lower level is a fully above-ground, walkout space featuring a custom-made bar with a view into the wine cellar, a large recreational room with a fireplace, a media room, and an exercise room. All these spaces open out to a covered veranda and extend to a serene area perfect for lounging, tanning by the pool, or sitting by a fire pit with a waterfall feature. This property offers an absolute oasis in the heart of a beautiful gated community. The neighborhood hosts events at the gatehouse for children during birthday parties and holiday parties, fostering a close-knit community atmosphere where children and families connect and thrive together.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2004
MLS Number
VAFX2173458
Location
Address
1034 FOUNDERS RIDGE LANE
City
MCLEAN
State
VA
Zip Code
22102
County
FAIRFAX (NORTH)
Listing
Provider
CASEY MARGENAU FINE HOMES AND ESTATES INC, original listing
Name
CASEY MARGENAU FINE HOMES AND ESTATES INC
Phone
(703) 851-2600
Office Name
Casey Margenau Fine Homes and Estates LLC
Office Phone
(703) 851-2600
Agent Name
Casey Margenau

Local Real Estate Expert

Real Estate Expert Photo for Steve LePage
Steve LePage
Remax Allegiance
Call Today!: (703) 973-7874

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.