fbpx
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

Another Tool to Improve Affordability

The rapid rise in mortgage rates during 2022 coupled with continued appreciation of home prices have limited the number of buyers in the market which is reflected by the lower number of home sales currently. "It's a fact that many households are impacted by...

Cause to Pause

Rising mortgage rates are causing some would-be buyers to pause their decisions until they determine whether rates are going to come back down. While it may be possible, the probability is that prices are going to continue to increase. On December 23, 2021, the...

Five Factors that affect the Sale of Any Home

Owners directly control four of the five factors that affect the sale of any home: price, location, condition, terms, and the agent you select. The one thing you can't control is the location of the home, but you can adjust the other factors to compensate for...

The importance of a Home Inspection

The importance of a Home Inspection Prior to you getting a residence, one of the important things you ought to do is to have it had a look at by a professional home examiner. Yes, we can hear your objection: "Acquiring a residence is costly enough as it is! Why would...

Why should you get a home inspection?

Why should you get a home inspection? Prior to you buy a house, among things you should do is to have it had a look at by an expert house examiner. Yes, we can hear your argument: "Acquiring a residence is expensive enough as it is! Why would I pick to fork over...

Gift Amount Increased for 2022

The limit for tax free gifts for 2022 is $16,000 and no tax is due to the donor or the donee. There are provisions that would allow gifts higher than this amount providing the total lifetime gifts above the annual exclusion of $12.06 million for 2022 has not been met....

Housing Affordability – Call to ARMs

Housing Affordability is negatively affected by both rising home prices and mortgage rates. A 20% increase in nominal home prices and a 2% increase in the 30-year fixed rate mortgage since January have contributed to a 46 point drop in the NAR Housing Affordability...

Surviving Spouse Sale Period

Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event. Unfortunately, the capital gain exclusion is reduced to a single person's share unless...

Are prices and rates going to continue to rise?

One of the most talked about questions in the real estate market has to do with "Will prices continue to rise now that interest rates have increased dramatically this year?" It is understandable to think that if the Federal Reserve is using interest rate...

Indecision Can Be Expensive

With all that is going on in the world, a global pandemic, supply chain issues, highest inflation in 40 years, the economic effects of a war in Ukraine, it can be overwhelming to think about when the right time is to buy a home. On a local level, there is a pent-up...

RECENT POSTS

Cause to Pause

Rising mortgage rates are causing some would-be buyers to pause their decisions until they...

ABOUT  TWENTY
THREE HOMES

The Twenty Three Homes are one of the premiere real estate groups locally, nationally and internationally, specifically dealing with high-end properties and exclusive clientele. Partner with Keller Williams Twenty Three Homes are full service real estate experts whose clients benefit from the custom tailored, hands on service while receiving all the exclusive amenities and resources of one of the most established and respected firms in the business.

GET IN TOUCH