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7721 Schelhorn Road
Alexandria, VA 22306
$1,175,000
Conventional
Property
Bedroom
7
Bathroom
8
Property Type
Conventional
Square ft
4474
Property Description
This stunning property boasts a spacious 7 bedroom, 7.5 bath layout spread across 4,475 square feet of luxurious living space plus spectacular outdoor spaces including a sparkling in-ground pool! Impeccably designed for multi-generational living, the home features several additions, including an in-law suite complete with its own kitchen, living area, and laundry facilities. ****** The beauty begins outside with a tailored exterior with an oversized concrete driveway with 6+ parking spaces, and a lush .78 lot backing to woodlands. Here, an enchanting outdoor oasis awaits, featuring a sprawling 40x20 in-ground pool surrounded by an extensive hardscaped patio, fenced yard, play and garden areas, and a meticulously maintained pool house with conditioning. Whether relaxing poolside or hosting gatherings, the expansive outdoor area offers endless possibilities for enjoyment and entertainment. ****** Inside, features both big and small await, hardwood flooring, fresh on trend neutral designer paint, plush new carpeting, upgraded lighting, a fabulous sunroom, gas fireplace, and an abundance of windows that create a light and airy atmosphere. Formal living room, dining, family and sitting rooms, two well-appointed chef’s kitchens, baths that have been tastefully renovated, and multiple bedrooms enjoying private baths create plenty of living space and instant appeal. The original addition features a cozy floor to ceiling brick gas fireplace, perfect for gathering with loved ones on chilly evenings. A spacious mudroom and powder room add convenience. ****** Recent upgrades include the installation of all-new French drains in an encapsulated crawl space, and new sewer pipes, ensuring optimal comfort and functionality. For added peace of mind, the home is equipped with two additional sump pumps throughout, along with new HVAC systems to maintain ideal indoor temperatures year-round. With so many exceptional features and upgrades, this property truly offers the epitome of modern luxury living. ****** All this in a tranquil setting that will make you feel miles away from the hustle and bustle, yet so close to everything! Commuters will appreciate the close proximity to I-95 and the Capital Beltway, the GW Parkway, Route 1, and the Metrorail. Plenty of shopping, dining, and entertainment choices are available throughout the area and outdoor enthusiasts will take advantage of Huntley Meadows Park just down the street offering over 1,500 acres of beauty and endless nature-centered activities. For a fabulous home in a spectacular location, come home to Schelhorn Road!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1957
MLS Number
VAFX2172188
Location
Address
7721 SCHELHORN ROAD
City
ALEXANDRIA
State
VA
Zip Code
22306
County
FAIRFAX (SOUTH)
Listing
Provider
Keller Williams Realty, Chantilly Ventures, LLC, original listing
Name
Keller Williams Realty, Chantilly Ventures, LLC
Phone
(703) 815-5700
Office Name
Keller Williams Chantilly Ventures
Office Phone
(703) 815-5700
Agent Name
Jennifer Young

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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.