The 25 four-story townhouses at Rosslyn Commons will be built on a landscaped plaza bordered by North Oak Street and 16th Road North, near both the Rosslyn and Court House Metro stations, Interstate 66, Key Bridge and the Mount Vernon Trail and a bike and pedestrian path.
Madison Homes and Resmark Land and Housing, a division of the Resmark Companies, have formed a joint venture to develop the townhouses, which are expected to be priced between $1.2 million and $1.3 million.
Each home will have 2,300 to 2,599 square feet, a two-car garage and a deck off the main level. Most will also have a rooftop terrace and an elevator. Standard features include oak stairs, Silestone countertops, ceramic flooring and hardwood flooring.
Presales are anticipated to begin in September.
Mediterranean villa in Gainesville lists for $3.25 million
While many people think of homes in the Washington area as staid Colonials, there are plenty of exceptions to that style.
A prime example is the 12,000-square-foot estate at 7946 Valderrama Court at Lake Manassas in Gainesville, a Mediterranean villa-style home located on the edge of the Robert Trent Jones Golf Course.
The home includes Moroccan-style hand carved arched double doors that open into a 25-foot wide marble foyer with iron and stone staircases, a tile mirror over a stone fireplace in the great room, Venetian plaster walls, tumbled limestone flooring, custom-designed crown moldings and a surround-sound audio-visual system.
In addition to the great room, entertaining spaces in this home include two living rooms, a sunroom and an enclosed veranda.
The master suite has a sitting room with a fireplace and a luxury bath with heated travertine floors, an oversized shower and an “infinity edge” Jacuzzi tub.
The grounds include a swimming pool, a stone patio and formal gardens. The home is priced at $3.25 million.
For more information, visit http://tour.homevisit.com/view/75172 or contact real estate agent Kathleen Kennedy of Beasley Real Estate at 703-283-3321.
Sleek Forest Hills estate with gardens lists for $4.85 million
High-powered lawyer Jonathan Schiller, who has handled noteworthy cases involving Napster, Barclays and Goldman Sachs, has listed his 10,000-square foot Forest Hills estate for $4.85 million.
Schiller is founder and managing partner of Boies, Schiller & Flexner. His estate at 2806 Chesterfield Place NW in Washington was constructed by Jim Gibson, founder of Gibson Builders.
The home has five finished levels, a 50-foot pool surrounded by terraces and gardens and a covered outdoor dining terrace.
Inside, the home has an ultra-sleek kitchen designed by well-known local architect Robert Gurney, six bedrooms, six full baths and two powder rooms, a private office and expansive entertaining spaces on the main and lower levels.
For more information, contact Washington Fine Properties agents Heidi Hatfield, Anne Hatfield Weir, Andrea Hatfield and Tammy Gale at 202-243-1634 or visit www.WFP.com.
Boomerang buyers set to impact local housing market
Approximately 17.5 percent of home purchases in the D.C. metro area in 2014 will be made by “boomerang” buyers — people who lost their home through foreclosure or short sale during the past few years, according to John Burns Real Estate Consulting.
The company’s research shows that more than 75,000 homeowners lost their home during those years.
In 2014 and in the coming decade, many of those former homeowners will be able to qualify again for a mortgage and intend to buy a home but with a more affordable and realistic housing payment.
Michele Lerner is a freelance writer. To pass on a tip or news item, contact us at firstname.lastname@example.org and put “Town Square” in the subject line.