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612 Rivercrest Dr
Mclean, VA 22101
Fouad Talout with McLean, original listing - (888) 536-0216
$22,220,000
Conventional
Property
Bedroom
8
Bathroom
Full: 9, ½: 3
Property Type
Conventional
Square ft
--
Property Description
The One, The Only, Stone Castle on the River Welcome to a truly remarkable riverfront estate, offering approximately  100 feet of unobstructed private Potomac River frontage and spectacular panoramic river views. This unique home, set on a serene 1.2-acre lot, combines refined craftsmanship with modern sophistication and technology as well as providing privacy and tranquility in a highly sought-after non HOA neighborhood. The elegant exterior exudes timeless character, while inside, nearly 16,000 square feet of freshly updated living space await. At its heart, a chef's kitchen features a striking centerpiece island, premium appliances, and inspiring views. The grand living spaces, accentuated by gleaming hardwood floors and architectural details, seamlessly blend comfort with grandeur. The primary suite is a retreat in itself, offering oversized windows with sweeping river views, a intimate seating area with cozy fireplace, and a spa-like luxury bath complete with a soaking tub and expansive vanities. Upstairs, generously sized secondary suites deliver comfort and sophistication. A glass-lined elevator offers seamless access to all four levels, including a lower level designed for leisure and luxury. Highlights include a resort-style indoor pool, spa, sauna, steam room, fitness area, and two home cinemas-one uniquely designed with a descending projector that transforms the pool space into a private screening room. Set on a tranquil 1.2-acre lot, surrounded by unbuildable land for added privacy, this estate offers both unparalleled luxury and proximity to the heart of the city. Built to last generations, seven minutes to Tysons Corner, 15 minutes to the Pentagon - your riverfront castle awaits.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2008
MLS Number
--
Location
Address
612 RIVERCREST DR
City
MCLEAN
State
VA
Zip Code
22101
County
FAIRFAX (NORTH)
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Fouad Talout
Agency Phone
(888) 536-0216

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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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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.