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954 Mackall Farms Lane
Mclean, VA 22101
Lizzy Conroy with Keller Williams Realty, original listing - (703) 636-7300
$8,250,000
Conventional
Property
Bedroom
5
Bathroom
Full: 5, ½: 3
Property Type
Conventional
Square ft
10139 Square Feet
Property Description
A premier offering in the prestigious enclave of Mackall Farms, this exceptional residence exhibits elevated craftsmanship and uncompromising luxury. A collaboration of McLean-based Winthrop Custom Builders, Andy Staszak Interiors, and Fine Landscapes by Charles Owen, the home seamlessly blends transitional elements with timeless design to create a gracious, yet refined living environment. Exterior elements incorporate natural field stone and painted brick, an EcoStar Empire Shake roof, masonry built chimneys, a saltwater pool, and a 4-Car Garage. An elevator accesses all floors of the home. The Main Level features both white oak hardwood and limestone floors as well as bespoke millwork and detailed trim work. Beyond the impressive 2-story Foyer lies the Great Room with gas Fireplace, stone mantel, quartersawn white oak custom built-ins, and two sets of French doors to the rear loggia. The formal Living Room with wet bar, elegant Dining Room, and a private white oak paneled Library with rear exterior access provide ideal work and entertaining spaces. A magnificent Kitchen with custom built inset cabinetry, soapstone countertops, Wolf/Sub-Zero appliances, and Morning Room with cathedral beamed ceiling and 180-degree views overlook the tranquil backyard. Conveniently, a generously sized Mudroom with direct garage access, 1 of 2 Laundry Rooms, a Half Bath, oversized storage spaces, and separate entrance completes the everyday living spaces. The Upper Level continues with white oak floors throughout. The expansive Primary Owner's retreat features a gas Fireplace, French doors to a private terrace, two custom designed Walk-In Closets, and a light-filled luxurious Bathroom finished with natural stone, a free standing soaking tub, two water closets, and two separate glass-enclosed showers. The secondary Bedroom Suite includes a large sitting room, Bathroom with separate water closet, and walk-in closet. The second Laundry Room, a rear staircase, and 2 additional Bedrooms, both ensuite and with walk-in closets, complete the Upper Level. The walk-out Lower Level is equally impressive with a fully outfitted custom wet bar, 1085-bottle wine cellar, Recreation Room with rustic beamed ceiling and gas Fireplace, state-of-the-art Home Theater, Fitness Room, a 5th Bedroom suite with Full Bath, and conditioned storage areas. The thoughtfully designed backyard living experience features a saltwater pool with spa and water feature, outdoor grill Kitchen, gas firepit, covered flagstone loggia with Fireplace, oversized patio, mature landscaping, and natural privacy screening, all perfect for relaxing, entertaining, alfresco dining, or gardening. The home is also outfitted with a Lutron lighting system, alarm system with cameras, commercial grade internet, and an irrigation system. Ideally located just 5 minutes to the GW Parkway or Beltway, 6 minutes to the Chain Bridge, 10 minutes to Tysons, 12 minutes to Arlington, and equidistant from Reagan and Dulles airports. Experience the splendor and ease of a turnkey offering available now.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2020
MLS Number
--
Location
Address
954 MACKALL FARMS LANE
City
MCLEAN
State
VA
Zip Code
22101
County
FAIRFAX (NORTH)
Listing
Name
Phone
(703) 734-0192
Office Name
Office Phone
(703) 636-7300
Agent Name
Lizzy Conroy
Agency Phone
(703) 636-7300

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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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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.