Powered by Blogger.

Re/Max Executives

Re/Max Executives

Distress Sale of Luxury Homes = Maximum Savings

Thursday, March 7, 2013


DC Luxury Home for Absolute Auction, No Minimum Bid


As we move into the real estate recovery, there are fewer short sales and foreclosures coming on the market.  However, there are still some really interesting real estate opportunities coming on the market in the DC & Northern Virginia area.
Take for example,  3101 Chain Bridge Road NW, Washington, D.C. 20016.  This home is currently valued at over $15,000,000, but is being offered for absolute auction on April 6, 2013. Here are some of the details about the property:

SHEER SPLENDOR!  Said to be the grandest property in Washington, D.C., this stately mansion is in a magnificent location overlooking historic Battery Kemble Park.  The estate offers over 15,000 square feet of luxury living which includes a ballroom with a butler’s pantry and two bathrooms.  In addition, a pool/guest house, gym, seven bedrooms, eight full bathrooms, 4 half bathrooms, cozy library with a fireplace, generous kitchen, dining room that seats eighteen, large living room with a fireplace and a family room with a fireplace and porch.  The main level of the home is designed around a wide central hall and boasts a huge, very comfortable elevator, and a caterers entrance/garage downstairs.  An enclosed rooftop ensures spectacular evening entertaining for family, friends and VIP’S!
Some of my clients have been building their real estate portfolios over the past few years by bidding at auction.   I have never seen as much auction activity as in the past 3 years.  There are usually on-line auctions of moderately priced homes on-going in the area.  I am always receiving notifications of properties for sale at auction, and the auctions are usually set up for Realtors to show their clients the properties before the auction.  Of course, these properties are being sold AS IS, without inspections.  However, in my experience, the title is clear when the properties transfer to the new owner
Let me know if you would like more details about this property?  Or if you would to receive notifications of “cheap homes” being sold in the area?
703-336-3745

2 comments

  1. Hi, Thanks for sharing nice post.I had been searching for many times this post. But this post stopped my searching.Thanks again.Sharon Bush

    ReplyDelete
  2. Really this article contains huge amount of information. I think it would be helpful for all. Thank you for sharing with us. However, there are still some really interesting real estate opportunities coming on the market in the DC & Northern Virginia area.Some of my clients have been building their real estate portfolios over the past few years by bidding at auction.we buy houses

    ReplyDelete

 

About Me

**I am a Realtor with Re/Max Executives. Licensed in both Virginia and Washington D.C.

Blogroll

Testimonials
61083
' Karrina is easy to work with and very knowledgeable. She went the extra mile to find and show the right properties for me. I have purchased 2 ... more '
5.0/5.0
by floreshime
My Arlington Real Estate Listings on Zillow

Most Reading