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Town Square | Bethesda penthouse breaks record for condo list price

(Courtesy of ADG Creative)

The most expensive condominium ever on the MRIS multiple-listing service has hit the market. A penthouse known as Residence 703, under construction at the Lauren in Bethesda, is listed for $10.5 million — well above the previous $6.795 million record.

The 7,300-square-foot home will sit on the top floor of Bethesda’s newest luxury condo, designed by Miami architect Robert Swerdroe and under development by 1788 Holdings and Persimmon Capital Partners. Located at 4901 Hampden Lane near Woodmont Avenue and Montgomery Lane, the Lauren will have 29 condominiums priced from $1.5 million and above. Construction is anticipated to be complete in early spring 2016.

Residence 703 will have a direct-access elevator, hardwood and natural stone flooring, a 600-foot grand salon for entertaining, a formal dining room and a spacious kitchen with professional-grade appliances. The interior, designed by Jeff Akseizer of the Akseizer Design Group, includes three bedrooms, four full baths and a half bath. Buyers will have the opportunity to work with Akseizer and Swerdroe to customize the home. A 1,500 square foot private terrace expands the home’s living space.

The Lauren’s shared amenities include a roof terrace, a wine lounge with a private wine storage unit, guest suites for rent or purchase, valet parking and concierge services.

For more information, go to www.thelaurenresidences.com.

Miller & Smith introduces new townhouse model in Bristow, Va.

A contemporary take on the traditional townhouse is now available at Victory Lakes, a planned community in Bristow, Va., where Miller & Smith has opened the Verde model in its Meridian Collection.

The townhouses have three bedrooms, three to four baths, a one- or two-car garage and three finished levels. Priced from the mid-$300,000s, the Verde model is an end unit home with a modern open floor plan on the main level. The model has a large center island kitchen flanked by a great room and a dining room.

Upstairs are a master suite with a walk-in closet and private full bath with a double-sink vanity and a large shower, two additional bedrooms, a laundry room and a second full bath. The lower level has a recreation room but can be converted to a fourth bedroom and third full bath.

Victory Lakes has three man-made lakes, walking trails, open space, swimming pools, a clubhouse and an activities director. Miller & Smith is offering 100 percent financing to qualified buyers of homes in the Meridian Collection.

For more information, go to www.millerandsmith.com or call 703-635-0745.

Northwest D.C. apartment in final stages of leasing

The Louis, a 268-unit apartment development at 1920 14th St. in Northwest Washington which opened last summer, is in the final stages of leasing.

The building, which is more than 60 percent leased, has lots of popular amenities and features.

A rooftop deck, which offers stunning views of the city and various monuments, can accommodate nearly 500 guests. The rooftop has a swimming pool, stainless steel grills, a projector for outdoor films, iPod docks and fire pits.

Other building amenities include a guest room, a business center, a fitness center and concierge services.

The building is in walking distance to dozens of restaurants and shops and bars and the U Street Metro station.

The studio, one- and two-bedroom apartments rent for $1,966 to $12,159 per month and include contemporary open floor plans, hardwood flooring, stainless steel appliances, a washer and dryer and a patio or balcony.

For more information, go to www.thelouisdc.com or call 855-345-6040.

Prosperity Home Mortgage offers veterans loan program 

Veterans and active duty military who plan to buy a home or refinance with a VA loan may benefit from a special incentive program from Prosperity Home Mortgage — but they need to act quickly.

Anyone who finances their home with a VA loan from Prosperity until the end of the year will receive multiple benefits, including a waived loan origination fee (valued at $995), a one-year home warranty or an appraisal (valued at $450) and $200 off the settlement fee from one of several settlement companies.

Buyers have the added incentive of a 10 percent discount off a home inspection fee.

For more information, go to www.phmloans.com.

Michele Lerner is a freelance writer. To pass on a tip or news item, contact us at realestate@washpost.com and put “Town Square” in the subject line.

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