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703 Potomac Knolls Dr, Mclean, VA 22102
703 Potomac Knolls Dr, Mclean, VA 22102
703 Potomac Knolls Dr, Mclean, VA 22102
703 Potomac Knolls Dr, Mclean, VA 22102

Price: $5,750,000
703 Potomac Knolls Dr, Mclean, VA 22102

MLS #: VAFX1172156
Tax ID #: 0202 11 0014
Ownership Interest: Fee Simple
Structure Type: Detached
Levels/Stories: 3
Waterfront: Yes
Views: River, Scenic Vista, Water
Garage: Yes
Beds: 6
Baths: 5 / 1
Above Grade Fin SQFT: 5,967 / Estimated
Price / Sq Ft: 963.63
Year Built: 1995
Style: Colonial
Central Air: Yes
Basement: Yes

Public: 3% co-op. — Without question, THE BEST VALUE for a McLean Potomac Riverfront property with EASY access to the river. This wide part of the river is ideal for water sports and kayaking around the 3 islands that occupy this part of the Potomac. Spectacular panoramic river views include a rare dramatic view of Perry Island’s rock face. The Property has a great approach on a beautiful state-maintained street with the perfect location on a cul-de-sac allowing more than enough parking for large gatherings. Excellent OPPORTUNITY for builders, investors or homeowners who want a DREAM FOREVER HOME minutes to downtown Mclean, Tysons and so close to Washington D.C. With 152 feet of riverfront on 2.44 Acres this property is truly Riverfront living at its best. The existing custom home with amazing views from all 3 levels and expansive multi level decks offer 6 bedrooms, 5.5 baths and great spaces for entertaining. This home is built for the views with walls of windows, French doors and large balconies that expand living and entertaining possibilities both inside and out. Features include a recently updated gourmet kitchen with breakfast area, an adjoining family room, and a separate sunroom with a wet bar and French doors that open to a balcony in the rear and to the circular drive in the front. The 2-story foyer flows through to the 2-story great room, both open to the upper hallway above. A private library is highlighted by built-in shelving and a fireplace, and the spacious main level owner’s suite includes a separate dressing room, dual walk-in closets and corner tub overlooking the river. There is also a 4-car garage, an art studio, and wide open club level with media screen, fireplace, dance floor and wet bar. There is a gated entry to the circular drive, lush gardens, impressive curb appeal and even more impressive VIEWS! Take advantage of this rare opportunity to own a coveted Potomac Riverfront property in McLean!

LIST OF BLOGS

Avoid Taxes by Keeping Track of Improvements

Keeping track of capital improvements to your home can help you avoid taxes later down the road when you sell it. Some homeowners don't even consider such a thing because they are aware of the capital gain exclusion of up to $500,000 for married homeowners and...

Laying the groundwork for the best mortgage

With mortgage rates having doubled what they were in early 2022, getting the lowest rate possible could mean the difference in being able to buy a home or at the very least, makes it much more affordable. Some people are waiting for rates to come down and while they...

Handling an Appraisal Gap

An appraisal gap describes the difference between the sales price and the lower amount of the appraisal required by the mortgage being obtained by the buyer. It becomes an issue if the seller is not willing to lower the price or the buyer is not willing to pay the...

Make your home offer the most appealing

Sales in March 2023 were down 2.4% month over month and still down 22.0% year over year according to the NAR Housing Snapshot. The median sales price dipped 0.9% to $375,700 and there are 2.6 months supply of homes on the market compared to 2 months a year ago....

Protect yourself with a new construction inspection

Builders of new homes offer or are required to warrant their work for a specified period. Municipal inspections are generally required during different stages to "ensure the life, health, safety, and welfare of the public" but even if something is missed,...

Higher Interest Rates May be the Help You Need

Like opening and closing a faucet increases and decreases the water flow, lowering interest rates increases home sales and raising interest rates decreases home sales. When home sales increase during periods of limited inventory, demand increases and prices go up....

Shopping Mortgage Rates

Nobel Prize recipient, Richard Thaler, in his research into seemingly irrational economic behaviors, "found that consumers generally search too little, get confused while evaluating complex alternatives, and are slow to switch from past choices, even if it costs...

Selling a Luxury Home: 10 critically important tips

Selling a Luxury Home: 10 critically important tips. The affluent who own luxury properties often value their privacy and require discreet handling of their real estate transactions. Therefore, it is crucial for them to seek the services of experienced professional...

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Shopping Mortgage Rates

Nobel Prize recipient, Richard Thaler, in his research into seemingly irrational economic...

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