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903 Turkey Run Road
Mclean, VA 22101
$10,500,000
Conventional
Property
Bedroom
6
Bathroom
9
Property Type
Conventional
Square ft
12758
Property Description
Extraordinary architecture by Harrison Design in this estate home nestled privately at the end of Turkey Run Road in an exclusive neighborhood surrounded by thousands of acres of parkland with hiking trails along the Potomac River. Iron gates open to a parking court leading to this handsomely sited stone residence built by Artisan builders with timeless in its design and finishes and features over 12,000 sf of living with 6 bedrooms, 7.5 baths, 6 fireplaces, a 4-car garage, screened porch with fireplace, pool, spa, and cabana with fireplace all surrounded by immaculate landscaping and hardscaping by Charles Owens of Fine Landscapes. Custom mahogany doors welcome guests into a reception hall with a pillow vaulted ceiling which opens into dramatic two-story music room with barrel vaulted ceiling with a two-story window offering amazing vistas of the pool and private backyard and gardens. The entry hall opens to an elegant living room with an extraordinary limestone fireplace with a herringbone firebox and custom chimney breast mantle, an elegant dining room with connecting butler’s pantry and a wood paneled library with built-ins and scenic views. A gallery that is washed with sunlight from walls of windows connects the formal area to the family space. The informal area includes a spacious kitchen with a huge eat up center island, an abundance of classic cabinetry, professional appliances including a Lacanche range and Subzero refrigerator and a cozy breakfast room with corner stone gas fireplace. The adjoining family room with beamed ceiling and a stone gas fireplace is the perfect place to relax. The main level features 12 ft ceilings, and is complete with a wood paneled elevator, hobby room/mudroom with dog bath and laundry, two sets of stairs to the upper and lower levels and an oversized pantry. There is a separate entrance to private quarters over the garage. On the upper level the owner’s suite has amazing vistas of the gardens and pool, a morning bar with beverage refrigerator, a 500 sf custom closet with two butler islands and a luxury bath with a stand-alone tub flanked by two art niches, seamless glass shower and his and her vanities. There are three additional generous en suites and a home office or study room with built-ins cabinets and desk. The walkout and light filled lower level offers the ultimate space for entertaining with seamless flow to the expansive terrace with pool, spa, and pavilion with stone fireplace. Enjoy gatherings in the family room with coffered ceiling and stone gas fireplace that includes an adjoining billiards room with full equipped bar alcove. 1200 bottle temperature-controlled wine cellar with adjoining tasting room, fifth bedroom with full bath, fitness room with walls of windows with scenic views, a pool & exercise bath, a fully equipped media with snack bar and front and back stairs. This home is equipped with a whole house generator. Designed for both comfortable daily living and elegant entertaining, this elegant residence provides a timeless destination in one of the best locations in the Washington area.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2011
MLS Number
VAFX2161592
Location
Address
903 TURKEY RUN ROAD
City
MCLEAN
State
VA
Zip Code
22101
County
FAIRFAX (NORTH)
Listing
Provider
Washington Fine Properties LLC, original listing
Name
Washington Fine Properties LLC
Phone
(202) 944-5000
Office Name
Washington Fine Properties, LLC
Office Phone
(703) 317-7000
Agent Name
Marianne Prendergast

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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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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.