RIVERCREST, MC LEAN, VA, 22101

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Estimated Value: $4,778,281

RIVERCREST MC LEAN, VA 22101
8 Beds 10.5 Baths 8,450 SqFt
Single Family Home / Rent To Own

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18 min from 1784 Upper Ranch Rd

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*** RIVERCREST DR ,MC LEAN - See Price Asking Price

8 Beds 10.5 Baths 8,450 SqFt

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Property Details
Contact
Price Info
Calculate Payment
Local Info
Comps
Find A Real Estate Agent

Property Details for RIVERCREST St, MC LEAN, VA 22101

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Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

The minimum lease at $45,000/month is 24 months. This transaction, at the tenant's discretion, can also be structured as a long-term ground lease. In a ground lease structure, the land underlying the building structure is net leased on a long-term basis by the owner of the land to the tenant. In this scenario, the Owner offers a ground lease option a minimum lease term of 468 months (39 years) for $7,999,999. At this price, you can be the proud owner of the Castle for nearly a third of its appraised value (if appraised with the land) or less than half the appraised value of the Castle without the land. If calculated on a rental basis purely, the tenant's rental rate is less than $17,100.00 per month. Welcome to the ""Castle on the Potomac"", a castle fit for a king and reminiscent of a Tuscan villa with an unparalleled and unobstructed view of the Potomac River. This one-of-a-kind masterpiece is an architectural feat of engineering and a glorious artistic display of the finest materials known to mankind. Incredibly, this home boasts the highest ceilings known to be approved in McLean in modern history. The grand foyer invites guests to picture the Sistine Chapel in its glory and grandeur. The precious wood flooring, grand custom front door, iron railing, and marble flooring were all imported from across the world. The wood flooring overlooking the River in the living room mirrors a shutter lens and reminds you to capture the peaceful moments around you and take in the breathtaking sights in front of you.The five themed bedrooms on the residence level, all replete with en suite bathrooms, evoke a feeling of luxury, comfort, and rest all while being in such close proximity to our bustling nation's Capitol.The in-home theater, expansive game, and recreation areas, au pair or in-law suite on the basement level provide an oasis of luxury and relaxation.The indoor pool, hot tub, and sauna, able to be used all year long, is an unparalleled luxury only a select few mansions can boast. The underground escape room gives discerning buyers a safe haven you'd expect. The lawn leading out to the terrace overlooking the River allows any type of event to be graciously hosted on these impeccably manicured grounds.Beyond these incredible features, a myriad of possibilities are offered to build out additional kitchens and bars on each level of the home or expand living spaces outside around the property grounds. This magnificent estate awaits your personal design specifications to truly make this home your own masterpiece with unparalleled views of the Potomac River. Welcome Home to the Castle on the Potomac.

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Property Brokerage: Long & Foster Real Estate 1355 Beverly Rd #109 McLean VA 22101
Copyright � 2024 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

$8,500,000 - ResaleMLS 9 bd / 10.5 ba / 13,795 sqft

RIVERCREST MC LEAN, VA 22101

*** RIVERCREST DR ,MC LEAN - See Price Asking Price

Property Details for RIVERCREST St, MC LEAN, VA 22101

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