UNDER CONTRACT! Contemporary 4BR/3BA in Cabin John/Bethesda

UNDER CONTRACT! Contemporary 4BR/3BA in Cabin John/Bethesda

$948,000 – 4BR/3BA – 6610 Seven Locks Road, Cabin John MD – MLS# MC8238386
Open House Saturday, December 14 & Sunday, December 15 from 2-4PM
Contemporary family home in the lovely community of Cabin John Maryland.
Click here to see the Virtual Tour

Situated on a quiet cul de sac in the lovely community of Cabin John, this custom home was built in 1994 by the current owners who loved the open lot and opportunity for a unique light-filled contemporary home. It has an open floor plan with two private rooms and a full bath on the main level, three spacious bedrooms and two baths on the upper level, and a large partially finished basement. The exterior includes slate walkways and a spacious wood deck.

The open floor plan downstairs features a gourmet cook’s kitchen with custom maple cabinetry and top of the line appliances: Miele hood, Thermador range, Bosch dishwasher and GE Monogram refrigerator.

The Master Bedroom has a large walk in closet (California Closets) followed by a luxurious bathroom with Porcelana tile, marble and limestone finishes. The other two bedrooms feature built in window seats for extra storage and ample light.

The large walk out basement has two sections. The finished part features an open plan kitchenette and family room for TV watching and hanging out. The partially finished section features an enormous 25 x 25 foot dry storage space that could house any number of additional rooms. The storage feels limitless.

Palisades Swimming Pool and Tennis Club membership bond (short walk from house) available upon purchase of house.

Convenient to local restaurants, grocery store, Clara Barton Community Center, and U.S. Post Office. 20 minutes to Reagan airport and 25 minutes to Dulles.

Other amenities include:

  • Energy efficient HVAC system with 2 zones and programmable thermostats
  • Gas log fireplace with remote
  • Alarm system
  • Landscape design by Smithsonian Institution’s horticulture department and water permeable pavers to minimize hardscape around house
  • Laundry: upstairs for convenient access
  • Silhouette window blinds throughout house that allow maximum light
  • 2×6 framing of all exterior walls for extra insulation and energy efficiency
  • Great access to C&O Canal and bike and running paths on MacArthur Blvd.
  • Whitman-Pyle school district

Open House Saturday, December 14 & Sunday, December 15 from 2-4PM
6610 Seven Locks Road, Cabin John MD
Click here to see the Virtual Tour

Embassies Need Extra Direction To Navigate Washington D.C. Real Estate Market

Embassies Need Extra Direction To Navigate Washington D.C. Real Estate Market

It was a great privilege  to read the September 2013 issue of  Washington Diplomat.  The story is about how diplomatic countries have particular needs, and featured my work with the Kazakhstan Embassy who I advised on their purchase of  a new Embassy residence for their Ambassador. I am most proud of this deal as I secured a three-year rental lease linked to a purchase contract where a portion of the rent was deducted from the purchase price. It gave the Treasury time to secure the funds, and allowed the current Ambassador to enjoy the house.  The sale closed in January 2013.    

“When the Embassy of Kazakhstan wanted to buy a new residence for the ambassador, the buyers decided on a three-story $5.5 million neoclassical home in Northwest, near Embassy Row and the vice president’s mansion. The large entertaining space fit their wish list, but the process of finding it took close to five years and lots of close work with a local realtor.

Working with a real estate agent is crucial for diplomatic property deals, said Connie Carter, a top realtor at Washington Fine Properties and the one who worked with former Ambassador Erlan Idrissov to find the new residence at 2910 Edgevale Terrace, NW. (Idrissov is now Kazakhstan’s foreign minister, and Kairat Umarov has been the country’s ambassador to the United States since January of this year.) Carter said there are three main issues for any country shopping for property.” ( Source: WashDipolomat.com)

Read the full story here written by Stephanie Kanowitz

Kazakhstan Embassy Residence

Kazakhstan Embassy Residence

They chose that house [on Edgevale] because it was the right amount of entertaining space and personal living space that they imagined any ambassador would need coming from their country. The house represented them well both in tone and substance. It wasn’t over the top, but it was certainly gracious enough to welcome their guests. Typically that is what a country is after: What is the right balance of what they need in terms of the work they’re doing in this country?

They are looking for gracious room sizes in the living room and the dining room, and typically a library or den. Many countries care about outdoor space, but they may or may not want a lot of gardening work. They’re looking for privacy, they’re looking for proximity to their office, and some are more concerned about security than others.

It’s really important to have an agent who works really well culturally and has a level of trust and respect with their country. I feel so honored to have worked with Ambassador Idrissov and have had the kind of working relationship I had with him. I really do think we got a great result. I felt so proud for them. They bought a very pretty house.

I wish to help more Embassy in Washington DC to find their next residence that will serve their countries well.

 

Life’s About Who You Meet, Not Where You Met

Life’s About Who You Meet, Not Where You Met

texting-gymThey say luck is at the intersection of opportunity and preparation. When you least expect it, a client can walk into your life from just about anywhere.

One Sunday at my health club, a young man was doing crunches on the machine next to me, but he couldn’t seem to put his phone down and actually start working out. 100 sit-ups later, watching him glued to his phone texting, I couldn’t bite my tongue any longer. I interjected, “You really should put your phone in your locker so you can concentrate on your workout.” He replied, “I know, but I just don’t want to miss anything.” A fun exchange ensued about productivity and staying present, both in our professional and personal worlds. My philosophy is that I’m more productive when I focus on one thing at a time. As soon as my workout ends, I check my phone and go right back into business mode. It’s no different than being in a meeting; I just pick up where I left off with a newfound energy.

Over the course of our conversation, he asked me what I did for a living, and I said I was a realtor.  He said, “Wow, I have been looking for a new apartment, and I need a good agent.”  I gave him my name and my website address. You never know how serious someone is but it’s best to treat every new encounter with same attention and kindness, and in this case, he would be in touch in 24 hours.

The next day I got a great email from my new client, and just 60 days later we closed on the purchase of his first apartment.  We found a superb 2 bedroom in Logan Circle that has everything he wanted. We continue to laugh at the fun of how we met.  I never take any new person for granted; you never know where your next friend and client will come from.

Behind the Scenes with a Realtor

Behind the Scenes with a Realtor

What does it take to be a successful real estate agent in 2013?

All over the world business changed with globalization. We make decisions as needed, morphing our 9-5 jobs into 24/7 devotions. The traditional fall and spring markets gradually lost their distinctions and homes sell whether the azaleas are in bloom or not. The fluidity between country borders makes it easier to constantly search for the next client, buyer, or great deal. Smart phones, tablets, and laptops decorate offices the way paper did decades ago, and with the vastness of websites and media providers, customers continually demand a bare minimum that actually requires a lot of effort.

In real estate, videos and pictures of every listing are the buyer’s first impression of potential homes. Preliminary screenings are done through myriad websites, and as the list narrows, clients come to agents for help just before contracts are signed. But in this evolution of business, there is little awareness of the hard work that transformed my industry to keep up with our virtual reality. Unlike setting up photos and videos for most commodities, consumers are asking to see someone else’s home, their possessions, their most private space, displayed online for millions to view and critique. Agents work hard to provide this kind of access. We negotiate with sellers behind the scenes to arrange times to see the house, to photograph it, to shoot a virtual tour, and finally to edit and upload the information to the web.

To efficiently utilize the web and the agent’s knowledge, an open flow of correspondence between agent and client is needed. Some buyers don’t understand realtor fees, but a lot of work goes into listings before anyone can even see the houses online. Buyers like to first search independently and then give agents a few must-haves. But buying or selling a home is a team effort requiring coordination and communication from both parties throughout the process. While I love to use the web as an additional resources with clients, it is important to realize that an agent’s knowledge on neighborhoods and value is key, and combining efforts ensures you get the best deal and the best representation of your interests.

2013 Housing Market

2013 Housing Market

The 2013 housing market is reinvigorated with talk of improvement, but for the first time since the bust in 2007 there is data supporting these claims. Research and statistics reveal the positive forecasts aren’t just wishful thinking or fiction, but 2013 is quickly becoming a competitive seller’s market. According to a Fox Business report, “housing starts, prices and confidence are on an upward trend and the tide may be turning this year to favor home sellers.” As in any market that stands the test of time, real estate has its seesaw of highs and lows. Right now, the market is making a comeback.

From my experience, the residential real estate market in Washington, DC can be broken down by property value. There is the market below $1 million, the market between $1.5-3 million and the market consisting of properties selling at $3 million up. The market below the one million dollar threshold is extremely competitive, with buyers often over paying for property. The inventory is low and the demand to get into this price bracket is huge. These properties are going instantly, often with multiple offers. Properties listed between $1.5 million and $3 million are a good value in DC’s 2013 market. There is low inventory in this market as well, but prices aren’t inflated so it’s a great time to move into this price range. When priced right, houses will sell quickly, usually within a matter of days. According to Kathryn Vasel for Fox Business, “Home sellers are shifting into the driver’s seat with experts expecting bidding wars to break out in certain markets due to the low inventory. While homes will sell quicker this year, they still have to be priced right.” When the price is right, even luxury homes are selling. Homes asking more than $3 million are not as aggressively sought after, but there are definitely buyers out there willing to pay list price. In past years this group of sellers struggled and homes sat on the market for many months, sometimes even a year or more. So far in 2013, there have been plenty of sales in this price range, indicating that you can sell in this market, even if you aren’t receiving multiple offers at once.

The Washingtonian Magazine’s April issue has a great article about the DC real estate market–definitely worth a read: http://www.washingtonian.com/articles/cover-archive/april-2013-contents-best-places-to-live/index.php