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8617 Redwood
Vienna, VA 22180
Julie Zelaska with Smith & Schnider LLC, original listing - (703) 935-1218
$3,249,500
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
7496 Square Feet
Property Description
Nestled on approximately .4 acres in a charming neighborhood in Vienna, this home will impress. All four sides are built of oversized brick, materials artfully chosen to make a statement and complement the surrounding homes. The 3-car, side-load garage will provide plentiful space for parking and storage without paving in the entire front yard, care taken to c as is so common in infill development. Crafted by the award-winning Gulick Group and masterfully designed by Sutton Yantis Associates, this home offers a rare balance of warmth, tranquility, and a clean, modern design. Oversized windows bathe the home with natural sunlight, while 10-foot ceilings on the Main Level and the open floorplan invite easy flow among and between rooms for families or hosted parties alike. The property boasts 7,470 square feet of luxurious living, including a Sunroom, Conservatory and gourmet cook’s Kitchen with abundant cabinets, an oversized Pantry, large Island, inset cabinets, a professional appliance package including a 48-inch Wolf Gas Range and a combined 66” of refrigerator and freezer. A sunroom and huge sliding doors encourage indoor/outdoor living and invite relaxation on a composite rear Deck with powder-coated rails shaded by mature trees. Stacked closets on three floors can easily be converted into an elevator shaft later, for aging in place. The Upper Level boasts an expansive primary suite with sitting room, 2 large walk-in closets and a spacious, luxuriant primary bathroom with free-standing tub and a large shower with rain head, along with 3 additional, ample bedrooms with ensuite bathrooms and an upper-level family area (or office). The Lower Level is fully finished with a Recreation Room, Wet Bar, Media Room, Hobby Room, Exercise Room, Bedroom, and full Bathroom. Contact the sales team today for a private tour while there is still time to select your own finishes and personalize this beautiful home to your own personal tastes and lifestyle. Note: The listing price reflects excellent included features from which you may select. Our interior design team has also pre-selected an optional designer finish package available for purchase (in whole or in part), which we will install if the home is not sold prior to ordering the finishes during the home construction process. The list price will be modified accordingly based on the included finishes as they are ordered. Photos shown are of a similar model previously built by The Gulick Group.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2024
MLS Number
--
Location
Address
8617 REDWOOD
City
VIENNA
State
VA
Zip Code
22180
County
FAIRFAX (NORTH)
Listing
Name
Phone
(703) 935-1218
Office Name
Office Phone
(703) 935-1218
Agent Name
Julie Zelaska
Agency Phone
(703) 935-1218

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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.