FINE Portfolio | 3/14

Fine Portfol io

NIROO Potomac, md

Masterpiece Presented by Marc Fleisher of Long & Foster Real Estate, Inc.

more on page 16

finedc.com for advertising: 740.281.9382

is in the

True Beauty

d e ta i l s

Gr e a t F a l l s , V A

929 Leigh Mill RD

Tucked away in the lush Virginia countryside This magnificent manor enjoys few equals. Its extensive detailing and exquisite millwork make it a rare gem and an architectural masterpiece.

Sitting on five quiet acres this grand estate is also remarkably warm and inviting. With six wood-burning fireplaces, how could it be otherwise?

Twelve to eighteen foot ceilings, crown molding like you have never seen, a gourmet kitchen with an authentic reproduction 19th century tin ceiling, a 1,300 square foot apartment over the four car garage—these are just teasers. To get any sense of the magnificence of this home you must go to www.929LeighMill.com, press “VIDEO” and see for yourself!

Bay Buchanan

703.994.2323 / bbuchanan@mcenearney.com

baybuchanan.net

1320 Old Chain Bridge Rd, Suite 350 McLean, VA 22101 / 703.790.9090

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J. Robert Scott

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NIROO Masterpieces/The Fleisher Group

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T h e Wa t e r g a t e : A L i v i n g L e g a c y

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Eco Fashion Show

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FINE Real Estate Stats

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FINE Dining Guide

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Artistic Tile

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Maserati

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gogreenwithjill.com

Lybrook/burning tree B e t h e s d a , MD

under construction Magnificent custom home under construction on 1.2 acres in sought-after Lybrook/Burning Tree neighborhood.

Features will include a formal gallery, spectacular custom kitchen, caterer’s kitchen and private living quarters overlooking the pool. Stunning master suite includes sitting parlor and elegant bathroom. Finished lower level offers a bedroom, full bath, wine cellar and home theatre. Four garages surround a courtyard leading to the backyard and pool area with guest home/cabana.

Estimated 1st-year property taxes: $58,933.

New home will be similar to builder’s own home, shown in photographs left.

Long & Foster Real Estate, Inc. Luxury Realtor® Green Designation Specialist 301-758-7224 (cell) / 301-907-7600 (office) JillSchwartzGroup@gmail.com

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We st M c L e a n

Crown Jewel 1 0 0 3 S p r i n g H i l l Roa d, M c L e a n , VA Near the towers of Tysons Corner, a country lane meanders into the woods to a wonderful destination. No expense was spared to make this one of the area’s finest abodes, perfectly balanced, impeccably appointed and absolutely breathtaking. The twin Twelve Oaks-style staircase rises from the statesman foyer, two grand salons are dressed with fireplaces and the esquire’s library is richly appointed. There is a second casual library, a sunroom and a master suite larger than some homes. Upstairs, there are four world-class suites.

The club level rivals most luxurious country club amenities. Offered at $3,995,000

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n e st l e d o n t op of

Hunter’s Creek 2 0 7 8 H u n t e r ’ s C r e s t W a y, V i e n n a , V A Nestled on top of Hunter’s Crest, this one of a kind mansion is set on an amazing lot built by Michael Bowman.

Towering trees descend the hill with several levels of decks, plazas, tiered gardens, a spa deck, pavilion porch and a fantastic swimming pool in lush Virginia woodlands. Inside, an exquisite world unfolds with intricate molding, lavish rooms, masonry fireplaces and windows taking in this wilderness style setting. The kitchen features a corner hearth, service staircase and unique custom height counters and cook-station. Each world-class suite offers connecting bathrooms and ample closets. The club level is finished to perfection. Offered at $1,625,000

Lilian Jorgenson 703.407.0766

/

lilian.jorgeson@longandfoster.com

w w w. L i l i a n . c o m 1 3 1 1 - A D o l l e y M a d i s o n B l v d | M c L e a n , VA 2 2 1 0 1

2014: Issue No 2

FINE

Fine P ortfolio

editor’s letter

NIROO PotoMac, Md

MasteRpIece Presented by Marc Fleisher

Between 1890 and 1897, two National Historic

capital but this time, like The Breakers and

Landmarks were erected to stand as timeless

countless other Vanderbilt mansions, they’re

masterpieces in a nation still young and striving

taking form as a collection of timeless, home

to establish prominence in the world. One of

masterpieces. Haleh Designs and Niroo

these American masterpieces, the Jefferson

Masterpieces have teamed together to

Building, was plotted in the nation’s capital

design and build spectacular estates worthy

nestled with fellow landmarks before it; the White

of inspiring even the landscapes of London,

House and United States Capitol Buildings. The

Rome and Paris. With Niroo’s ability to deliver

other however was unique both in its location

a typical five year project (20,000 square feet

and in its function.

home) within 16 months, his team has quickly churned out a collection of homes which viewed

Located 400 miles to the northeast, The Breakers

together reflect a modern day acropolis the

made way for a new kind of National Historic

Ancient Athenians could envy. Amongst Niroo’s

Landmark in America. Neither grounded in the

latest masterpieces stands the extraordinary

nation’s capital nor created for public usage The

estate on 9005 Durham Dr, Potomac, MD.

Breakers had broken the mold, forever amending

Listed by the Marc Fleisher Group, a team

the definition of what could be a National

ranked 20th nationwide, the script behind this

Historic Landmark. Architect Richard Morris Hunt

future landmark home couldn’t be more perfect.

had proven that a private residence could stand every bit as prevalently as a government building.

It’s not often that home buyers are presented

The 70-room, 138,000 square feet mansion

with an opportunity to write their way into

perched atop an elegant estate fenced by cliffs

history with the signing of a contract, but

overlooking the Atlantic Ocean stood as a marvel

as The Breakers once stood as the exception

in luxury home building.

to what constituted a National Historic Landmark, so too is this Niroo Masterpiece

Fittingly, 100 years later, National Historic

designed and constructed to endure centuries’

Landmarks are again popping up in the nation’s

worth of tales to come.

14

FINEdc.com

of Long & Foster Real Estate, Inc.

more on page 16

finedc.com for advertising: 740.281.9382

Niroo

presents...

p otomac, 9005 Durham Drive

/

mD

MC8010125

one-of-a-kind

International Masteriece Welcome to this incredible masterpiece by internationally acclaimed

in presenting this home of distinction. Further enhancing the homes’

Haleh Design and constructed by renowned and premier builder

appeal are two extraordinary Master Bedroom Suites (main and upper

David Niroo. Unlike any home in the Washington DC metropolitan

levels) with adjoining luxury baths highlighted with imported onyx

area, this spectacular estate consists of 33,000 sq. feet of

design, and an upper level family room with fabulous panoramic

unparalleled design, materials and expert workmanship featuring

views. All the ancillary guest and family bedrooms are complete with

all steel/concrete construction with high efficiency insulation

sensational ceiling designs and luxury baths featuring exotic marbles

system and hand made brick with natural lime stone exterior. This

and granites. A fully finished lower level includes home theater,

incredible masterpiece is exquisitely sited on a prominent 6.3 acre

outstanding exercise room with spa bathroom, catering kitchen and

lot in the heart of Potomac’s close-in Golden Horseshoe. From the

additional guest suites. Two distinct full service elevators access all

extraordinary Great Room with 20+ foot ceilings and one of a kind

floors and are located conveniently in each wing of the home. A

plaster moldings to the exceptional banquet size Dining Room to

dramatic circular driveway designed with extraordinary reflecting

the gourmet Habersham Kitchen to the amazing two story double

pond introduces this one of a kind home destined to be one of the

English Library with custom milled cherry and tiger wood paneled

most prominent homes in the Washington DC metropolitan area for

walls and beamed coffered ceiling, no detail has been compromised

generations to come. Offered at $18,000,000

Ma rc Fleisher of Long & Foster Real Estate, Inc.

www.thef leishergroup.com 202.364.5200 x 297 (o) 202.438.4880 (c)

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Yo u r L u x u r y R e a l E s tat e E x p e r t.

1 1 3 4

B as i l

R d

H o m e as a L e ga c y

McLean, VA

Newly built architectural marvel in McLean by ALM Builders. Its sumptuous interior spans 16,480 sq. ft. on 4 levels--cleverly unifying the classic and contemporary. For the environmentally conscientious, a state-of-theart renewable energy system combines solar and electric for worry-free continuity during main power outages. Formal and informal spaces include 6 bedrooms, 6 full and 5 half baths, European appliances & finishes, exotic granite, fitness/steam/sauna, wine cellar, and a magnificent sunken entertaining room that defies convention! www.1134Basil.com $6,950,000 1 0 0 0 1

H i gh

H i l l

P l a c e

Contemporary luxury

Great Falls, VA

Walls of windows perfectly compliment the hues of nature to create tranquil living spaces in this Great Falls beauty, decorated by the late interior designer Milo T. Hoots, Jr. Soaring ceilings, wide marble reception hall, two living rooms and a dining room that seats 24 comfortably host large gatherings. Other features include 5 bedrooms, maple-paneled library, dine-in galley-style gourmet kitchen with adjoining family room, expansive deck overlooking pool, fountains, spa on a 2+ acre private wooded lot. See www.10001HighHill.com. $1,948,800 1 1 7 0 5

S u ga r l a n d

R d

Fa r r e m o v e d , n o t fa r away

Dranesville, VA

Live far removed yet not far away in this most impressively spacious and hospitable luxury estate in the Washington, D.C. historic suburban community of Dranesville, Virginia. The palatial stone & limestone mansion on 2+ acres features 22,000 sq. ft. with 7 bedrooms, 9 full, 3 half baths, 3 kitchens, 7 fireplaces, a main level Master Suite, 2-story library, elevator, separate guest apartment, cinema, billiards room, pub-style bar, 5 garages, and more! Located in sought-after Langley High School district. See www.11705Sugarland.com $5,700,000 3 5 3

S p r i n gva l e

R d

A l l u r i n g e l e ga n c e

Great Falls, VA

703.459.4141

Approach through a private, wooded setting to this luxurious, all-brick, custom estate just minutes from the quaint shops and fine dining of Great Falls Village.

13,000 sq. ft. of beautiful architectural details include majestic columns, foyer dome, tray ceilings, French doors, crystal chandeliers, granite-tiled foyer, Brazilian cherry flooring, gourmet kitchen, library, elevator, cinema, bedroom suites on all levels, and a delightful Mediterranean courtyard. The meticulously maintained home is surrounded by 2.75 acres with exquisite gardens and landscaping. See www.353Springvale.com $3,200,000

8 5 0 0

O l d

D o m i n i o n

D r

A ff l u e n t L i v i n g Comfort meets luxury in this elegantly designed, custom manor home, perched high on a 1.6-acre private lot in McLean, with 6 bedrooms and 7 full and 2 half baths. Impressive features include uncommon ceiling designs, two oversized picture windows in the gourmet kitchen and the masterpiece floating circular staircase. 11,000 sq. ft. also highlight the Master suite w/terrace, steam shower and spa tub, elevator, 5 fireplaces, catering kitchen, and 24-ft black granite bar in spaciously open lower level. www.8500OldDominion.com $3,550,000 8 7 0 1

O l d

D o m i n i o n

McLean, VA

D r

M ag n i f i c e n t E l e ga n c e This McLean estate blends superb design with a verdant setting on 2.66 acres. Encompassing 15,000+ sq. ft. of elegant living in grand style, luxurious amenities include a spectacular pool and spa, marble & Brazilian cherry flooring, exquisite trims, hand-painted murals, neutral hues, a dine-in gourmet kitchen, family sunroom, 5 bedrooms up, 2nd kitchen, professional office, and main level bedroom suite. A lower leisure level highlights a cinema, recreation, fitness, wine cellar, and dine-in pub area. See www.8701OldDominion.com $4,750,000 8 4 1 1

B r o o k e w o o d

McLean, VA

Ct

Prime Woodlea Mill This 3-level colonial is a gorgeous combination of classical beauty and sophisticated elegance set on a generous .69-acre lot along a quiet court.

Charming touches in the 5 bedroom, 4.5 bath home include a fabulous country kitchen with adjoining breakfast salon & stone-hearth family room, paneled library, landscaped gardens, tranquil master suite, French doors, vibrant-tiled wet bar, and an upper foyer with dreamy window seat. An expansive deck and slate patio expand living spaces. See www.8411Brookewood.com $2,250,000 3 5

P i n e y

M e e t i n gh o u s e

McLean, VA

Ct

Resort Living $1.2 million in upgrades have transformed this contemporary villa in its natural 2-acre setting into a country club-style resort surrounded with the beauty and atmosphere of a private botanical garden. The gated property features a tennis court, jogging path, enclosed pool, spa and sauna.

The sun-drenched, all-brick home has 5 bedrooms up, skylights, vaulted ceilings, walk-out to brick terraces with breathtaking vistas of fountains, ponds, and gazebo, and a lower level pub-style bar and 6th bedroom. See www.35PineyMeetinghouse.com $2,900,000

Potomac, MD

Fouad Talout 703.459.4141 / fouad.talout@gmail.com Long

&

Foster

Mclean

Sales

Karina Mallona Penny Yerks P iper Gioia

yer ks.com

M c L e a n , VA

M c L e a n , VA

909 Chinquapin Road / offered at $2,875,000

1101 Chain Bridge Road / offered at $2,995,000

new listing

M c L e a n , VA

M c L e a n , VA

6516 Chesterfield Avenue / offered at $1,699,000

1422 Kirby Road / offered at $2,699,000

Gary Dopslaff Anjanette Murphy Aaron Scruggs Ryan Gribbon

Buyers Agent Buyers Agent Buyers Agent Office Manager

6 7 2 3 W h i t t i e r Av e, # 1 0 1 , M c L e a n , VA 2 2 1 0 1 Sotheby’s International Realty and the Sotheby’s International Realty logo are registered service marks used with permission. Each office is independently owned and operated. Equal Housing Opportunity.

T h e P e n n y Y e r k s T e am ye r k s . c o m

[ o ] 7 0 3 . 7 6 0 . 0 7 4 4 [ e ] p e n n y @ ye r k s . c o m

Wa s h in gton,

T h e P i e r c e Sc h ool

The Pierce School has enjoyed a long and interesting histor y in addition to occupying an impor tant location in the city, near the H Street, NE corridor. Built in 1893, the school was alma mater to thousands of children until it closed eight decades later in1973. The 23,000 square foot proper ty has been masterfully transformed into a luxur y complex complete with all the modern amenities of a fir st class resor t. The premier unit is a magnificent penthouse spanning approximately 9,500 square feet. It is equipped with its own movie theater, 50-foot ceilings and an enormous roof deck offering panoramic views of the city. This building also includes nine stunning apar tments, ranging from 1,115 to 2,200 square feet, which have been renovated to exceed contemporar y expectations. All nine loft units are occupied and have been rented at mar ket rates ever since their conver sion in 2005. The proper ty offer s a beautifully landscaped rear garden with a 38,000 gallon heated swimming pool and hot tub, along with a complete fitness and spa center.

Rob Sanders

Brent Jackson

r sa n d e r s @ t t r s i r.c o m 2 0 2 .744.6 46 3

b j a c k s o n @ t t r s i r.c o m 2 0 2 . 2 6 3 .9 2 0 0

Vice Pre s id e n t

1 5 0 6 1 4 t h S t N W, Wa s h i n g t o n , D C 2 0 0 0 5

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered service marks used with permission. Each office is independently owned and operated. Equal Housing Opportunity.

Vice Pre s id e n t

D C

G r e a t F a l l s , VA

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10506 Milkweed Drive

Spectacular double-wing brick estate that offers five lush acres, a swimming pool, custom-built trellis, stone patio and professional landscaping. The interior features beautiful arched doorways, hardwood floors, an esquire-style library, family room with a wall of Palladian capped windows, a gourmet dream kitchen and a sunny breakfast room that provides spectacular views. The upper level is complete with three en suite bedrooms and a master bedroom, two walk-in closets and a luxury grand bathroom. Lower level with wonderful amenities. Offered at $1,625,000

G r e a t F a l l s , VA

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1 0 9 01 B ec k m a n Way

Stunning contemporary set on 5 beautiful acres, with an enlarged footprint that provides a newly-added master bedroom wing, vaulted & two-story ceilings, newly remodeled gourmet granite kitchen with new stainless steel appliances, family room with a fireplace, huge living room living room with large picture windows, dining room and library/office on the main level. Additionally on the upper level there is a second master bedroom with a fireplace and full bath, hall bath and two bedrooms. Walk-up lower level. Offered at $1,299,755

G r e a t F a l l s , VA

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5 3 6 S p R i n g va l e R oa d

Very private with a gated entry. Custom Infinity pool, Tennis/Sports Court & Roof deck. 6 Cartop garage with a lift. Nearly 20,000 square ft. of the finest materials and finishes. Newly renovated and updated offering two main level master bedroom suites, gourmet kitchen, 2-story cathedral & vaulted ceilings & architectural windows, 6 fireplaces. Walk-out lower level with a paneled billiard room, aquarium, top-of-the-line service bar and catering kitchen, game room and an atrium with walls of windows with vista views. Offered at $4,195,000

G r e a t F a l l s , VA

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1146 Kettle Pond Lane

Beautifully maintained colonial with a spacious floor plan, highly sought-after amenities and professionally landscaped outdoor gardens! Features formal living and dining rooms, a library with built-in bookshelves, sunroom, family room with a two-story stone fireplace, and a gourmet granite kitchen with a sunny breakfast area. The upper level offers three bedroom suites and a luxury master bedroom with a sitting room, deluxe walk-in closet and newly updated bath. Walk-out lower level. Offered at $1,250,000

T H E L AY T H A M T E A M

Helen Chung Vasiliadis

Susan Canis

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1 0 6 1 0 W i s e O w l Way

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G r e a t F a l l s , VA

Move in ready for the most discerning new owner; everything has been enhanced.

This contemporary home was extensively renovated in 2005 & 2006, then further renovated between 2008 and the present. This exciting property features a stream and spring fed pond (over one acre.) Privacy is without parallel, and it is only 40 minutes to downtown Washington! Features fine construction and has been meticulously maintained with walls of high-quality insulated windows and doors to enjoy year round views of the natural world. Offered at $1,698,000

11525 Tralee Drive

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G r e a t F a l l s , VA

Beautiful home that shows like new! Resurfaced hardwood floors, new granite and carpeting. The interior features a formal 2-story foyer, a formal living room with exquisite views of the Blue Ridge Mountains, gourmet granite kitchen with new, top-of-the-line, Jenn-Air stainless steel appliances. On the upper level there are 3 bedroom suites with private baths and unique built-in shelving plus a luxurious master bedroom suite that offers a columned sitting room with bookshelves and an updated spa-like bathroom.

Enjoy dining on the rear expansive deck or new back patio area. Offered at $1,595,000

137 8 Cameron H eat h Dr iv e

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R e s t o n , VA

Gulick built Randolph model home that is meticulously maintained, with a large rear deck that backs to Reston woods. The interior features hardwood throughout, an elegant 2-story foyer, dining room with wainscoting, living room with a fireplace, library with French doors and fireplace, and a gourmet granite kitchen with a bay window breakfast room. The upper level offers a master bedroom suite with walkin closets and luxury bath. Additionally on the upper level there are three bedroom suites (and a balcony that adjoins two of the bedrooms.) Walk-out lower level.

Quiet, cul-de-sac location. Offered at $1,189,000

920 Leigh Mill Drive

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G r e a t F a l l s , VA

Fabulous stone and hardiplank custom build by Adrian Edwards. Sited on 2 level acres with a large circular drive. Beautifully appointed with numerous amenities. Boasts a large open floorplan, two-story Palladium family room, gourmet dream kitchen, convenient built-in cabinetry, theater room, exercise and music room, four fireplaces, and an expansive custom master closet. Outdoor pergola and patio provide scenic views and are wonderful for entertaining. Offered at $1,995,000

Jan & Dan Laytham donate a portion of each sale to breast cancer research.

703-757-3222 www

dan.laytham@longandfoster.com

. G R E A T F A L L S G R E A T H O M E S . c om

V i e n n a , VA

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9 7 0 5 M i l l R a c e Es t a t e s

Sublime park-like views from almost every room in the home! The backyard area comprises most of the four acre lot and features four bridges, jogging trails and a wide sparkling stream. The 2-story family room offers a floor-toceiling brick fireplace, wet bar and paneled library. The upper level provides a gallery with hardwood floors & a second staircase, three bedroom suites and a spacious master bedroom that provides a sitting area with lush views, two walk-in closets and a luxury custom bath. Elegantly appointed walk-out lower level. Offered at $1,725,000

G r e a t F a l l s , VA

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605 Clear Spring Road

This home (renovated in 2003) brings the outdoors in and features custom millwork, stained glass windows, mission style built-in cabinetry, “4-square” design motif, quarter sawn oak exposed beams, picture windows, art gallery & Progress “arts and crafts” lighting. Also on the main level there is a master suite with luxury bath, two bedrooms and full bath. The lower level has a spectacular home theater with tiered seating, second family room, billiard area, bar, two bedrooms. Enjoy a fabulous eight person hot tub, Trex party deck, and swimming pool with a retractable cover. Offered at $1,365,000

G r e a t F a l l s , VA

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1 0 2 5 0 A k h ta m a r D r i v e

Revered as one of the region’s finest works in architecture and landscape design.

This home features architectural design by Daniel Lee based in Alexandria, interior design by Barry Dixon and landscape themes by Charles Owens. Further enhancements include a front entrance portico, a grand summer porch with an open pergola, a dramatic and reconceived lower level, an additional five-car garage wing and stone motor court with well-appointed staff quarters, an upper level terrace with a Bar-B-Q pit and an outdoor winter fireplace and bar, and a pool house with a pool-side bar. Offered at $5,995,000

G r e a t F a l l s , VA

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8 5 1 Ch r i s t e n s e n C o u r t

Stately, all-brick Airston-built home that sits beautifully on two magnificent wooded and landscaped acres with an oversized entertaining deck. The interior features main level rooms with 11’ ceilings, a two-story foyer, four fireplaces, hardwood floors, rich moldings, formal rooms and a library with custom built-in bookshelves and French doors. The remodeled gourmet kitchen provides a central granite island & breakfast area with step-down access to the family room and morning room.

Additionally, there is an oversized 3-car garage, sprinkler system, public water and sewer and a quiet cul-de-sac location. Offered at $1,550,000

T H E L AY T H A M T E A M

Helen Chung Vasiliadis

Susan Canis

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1802 Brooktrail Court

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V i e n n a , VA

Elegant Hunt-Country with a woodland backdrop has been remodeled and expanded. Features a custom scalloped paver front entry plaza, timed landscaped lighting, eleven zoned irrigation system, fire-pit, stone patios, and an entertaining deck. The interior provides an audio system that entertains throughout the home, Verizon Fios wiring & home networking systems, hardwood floors, a masterfully updated kitchen with stone details & architectural lighting, step-down family room with an arched panel fireplace, library with builtin bookshelves and a sunroom with walls of windows! Offered at $1,294,900 6 4 4 4 O l d Ch e s t e r b r o o k R o a d

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M c L e a n , VA

Custom designed home by Morris-Day architects. Features a unique wraparound rear porch, and dining room with solid cherry paneling and 20 ft. ceilings, living room with a marble fireplace, granite kitchen with a breakfast area and atrium doors to the porch and an office with windows framing tranquil garden views. The upper level offers a two-story overlook, two bedroom suites, a full hall bath and owner’s suite with a tray ceiling, sky-lit dressing area and luxurious bath. Gorgeous landscaping and paved drive complete this charming residence. Offered at $1,355,000

1 01 0 B rya n P o n d Co u r t

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M c L e a n , VA

Unique Arts & Craft style home featuring breathtaking covered verandas, serene pond views, tiered patios and lush gardens. The interior provides hardwood floors, three fireplaces, formal living and dining rooms, gourmet kitchen with a breakfast area, family room with a built-in media center, library with built-in shelving, guest powder room and mudroom with a laundry and second powder room. The upper level boasts three en suite bedrooms and a master bedroom with tray ceilings, a fireplace, built-in shelving, walk-in closets and luxury bath. Walk-out lower level. Offered at $2,099,000

317 Club View Drive

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G r e a t F a l l s , VA

Gracious stone and stucco estate sited perfectly on nearly 3 acres, with professional landscaping. The interior features a desirable open floorplan, twostory marble foyer, columned living & dining room, library with French doors, gourmet kitchen with granite island, breakfast area, family room with a huge stone fireplace. The upper level offers a luxury master suite and three additional bedroom suites. The walk-out lower level is perfect for entertaining with a huge granite wet bar, billiard area, gas fireplace, huge game room with French doors to the patio, and multi-media room. Offered at $1,799,000

Jan & Dan Laytham donate a portion of each sale to breast cancer research.

703-757-3222 www

dan.laytham@longandfoster.com

. G R E A T F A L L S G R E A T H O M E S . c om

The Watergate: a living legacy Outside of a select few mega arenas, modern marvel skyscrapers and European architectural masterpieces of yore, it’s not often that you find yourself in the presence of a building which carries a legacy as pronounced as the Watergate Complex. Watergate has topped headlines so often since the buildings initial development; it’s easy to have forgotten the building’s original significance and how greatly it transformed the DC area. It’s true that since Watergate’s first opening in 1965, the building has grown to take on a brand all its own.

Perhaps no one knows the stories behind the Watergate legacy better than the Winston Real Estate Team founded by Henry Winston. As one satisfied client puts it, “Gigi Winston and her family know Watergate unlike anyone else. A local celebrity of sorts in this close-knit community, Gigi is sure to provide unparalleled service, experience and has built a reputation you can depend on.” So we dove into the history books with Gigi to gain expert insight into what really makes this building special.

It all began in the early 60’s when architect Luigi Moretti,“the Frank Lloyd Wright of Italy,” prepared contemporary designs for the building which set Washington abuzz. Moretti planned to introduce modern architectural features which would breathe life and sophistication into the space such that the neoclassical DC metro had never before seen. As Luigi envisioned it, the Watergate complex would become a “city within a city.” Reactions to the designs were highly anticipated – as everyone wondered whether the new design would go boom or bust with the public. When the doors finally opened in October of 1965, Henry Winston (President of Watergate Management since the Watergate’s inception) witnessed as the surge of prominent residents (doctors, lawyers, political heavyweights and business executives) proved the newly opened Watergate had won the hearts of the city.

Watergate quickly became the place to be in DC. Residents basked poolside as waiters served champagne and delicatessens, while Hollywood directors projected films which were outmatched in their grandeur only by the scene of celebrities lounging around the magnificent, elliptical pool watching them; it was a movie within a movie.

Luxury abound, the Watergate also housed Les Champs (which was also managed by Henry Winston) – a wonderland of luxury boutiques. With beautiful contemporary designs, poolside cocktails waiting at your fingertips and luxury goods available steps from your door, the Watergate Residences took shape as the type of place one envisions when they close their eyes and imagine their dream home in the city.

Notoriety from the Watergate Scandal only propelled the complex into further fairy tale status, as anyone who wasn’t previously familiar with the grand lifestyles of the Watergate, now suddenly had to have a peak for themselves. Watergate had branded itself into such fame; it appeared as a label on bottles at the local liquor store. As a team of marketing experts, the Winston Real Estate Team recognized that, “Every real-estate development needs to keep its name in front of people.

And that did it.”

Fine special F e at u r e

The Watergate community is currently planning several events scheduled for 2015 in celebration of the complex’s 50 year anniversary. As we remember the trailblazing legacy achieved in the first 50 years since the building’s inception, it’s certain that the Watergate legacy will continue on with each new resident who graces its hallways (a list of residents and hotel guests, which has seen such names as Andy Warhol, Barbara Walters, Condoleezza Rice, Elizabeth Taylor, Sammy Davis Jr., Plácido Domingo, Henry Fonda, Alan Greenspan, Alfred Bloomingdale, Philip Merrill, etc.). Next time you find yourself musing over the home in the city you’ve only dreamed about, take a stroll to the Foggy Bottom neighborhood overlooking the

Potomac River and open your eyes to your dreams come true! An old slogan once used by the Watergate Hotel said it best, “Take Your Place in History.” When you sign the dotted line to come to the Watergate, you join a grand legacy which will continue to grow greater through each new charming resident who finds their place in history at the Watergate.

Find your new place on page 29

27

wa s h i n gto n , d c

1508 Watergate West [ 2 7 0 0 V i r g i n i a Av e N W ]

Step into the top echelon of luxury.

This beautiful penthouse boasts an unforgettable Potomac River vista spanning 3 bridges with breathtaking sunsets your guests will never forget. The gourmet chef’s kitchen, grand entry foyer with a dramatic spiral staircase, enormous master suite and unique detailing and fixtures throughout are everything you could possibly ask for from a penthouse with the most prestigious address and best view in town.

Offered at $1,275,000

The only of its kind, this exquisite 2,915 sq. ft. waterfront residence will wow you with its panoramic river views, carefully designed interior features and sophisticated finishes. The quality shows in every meticulous detail from the Clive Christian kitchen imported from England and sumptuous bath suites with elegant Sherle Wagner fixtures, to the 17th century antique Portuguese tiles above the hand-carved fireplace mantle, custom climate-controlled wine cellar and rich inlaid hardwood flooring. This incredible home has it all.

Offered at $2,950,000

[ 7 0 0 N e w H a m p s h i r e Av e n w ]

1105-1106 Watergate South w w w.winston r e.c o m

Gigi Winston

b r o k e r / r e a lt o r ÂŽ

(2 0 2 ) 3 3 3 -4 1 6 7 w instonr ealesta te@winstonr e.com

C

Capitol Hill Washington, DC / 23 D Street SE

pam kristof

P r i n c i p a l / p a m @ k r i s t o f g r o u p.c o m 202. 253. 2550 / kristofgroup.com

hub krack

202.550. 2111 / hub@mris.com hubkrack.com

30

office:

202.338.8900

Elegant entertaining can be yours in this fabulous four story,

multiple large screen televisions, two wet bars, a sensational

four master suite home with a flexible floor plan. Use the main

sound system even on the roof deck, grand gourmet kitchens

floor living room, dining room, and kitchen to give the most

with granite and stainless, four beautiful baths with all the latest

perfect parties for clients and friends. The lower level master

technology, multiple decks, glorious views out every window, and

suites can be guest bedrooms or offices. The upper two levels

two car parking. And this fabulous home is only four years old.

are ideal for the owner or visiting corporate CEO’s with living

You will be living in an area that lends new meaning to the words

room, dining room and gorgeous kitchen on one level, two

Location, Location, Location across the park (with fountain) from

master suites on the other and the most amazing roof deck on

the House Office Buildings, 1/2 block to Metro, 1 block to the

the third. Throughout you will find handsome hardwood floors,

Democratic National Committee and an easy stroll to shops and

two gas fireplaces for instant ambiance, crown moldings,

restaurants. Offered at $2,995,000

This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offer is subject to errors, omissions, changes of price, or withdrawal without notice. The listing agent represents the sellers in this transaction.

11433 Green Moor Lane Light-Infused Colonial Nestled in the Heart of Oakton, 11433 Green Moor Lane offers about 6,000 square feet of light-infused space, and 5 Bedrooms and 4.5 Baths. Sited exquisitely on a Perfect One Acre Cul de Sac Lot fringed with trees, the Cherry and Granite Kitchen in this Stately Home overlooks a spacious Family Room with Mantled Fireplace. A Main Floor Library beckons you to work at home, while a Sun-drenched Sunroom lures you to leisure. Upstairs, the Master Bedroom features a quiet Sitting Room as well as a generous Walk-in Closet and Spa Bath. The Walkout Lower Level offers a spacious Rec Room and Game Room and Full Bath. Just minutes to the Vienna Metro and the commercial hub of Tysons Corner.

11433 Green Moor Lane. Offered at a mere $1,250,000.

“Lawyers* Make Great Realtors”

“AN INTELLIGENT APPROACH TO REAL ESTATE” *Member D.C. Bar only, inactive status.

2621 Sledding Hill Road Elegant, Classic Details Bathed in light from ample windows, this Masterpiece clad in Stucco presents the world with over 7,000 square feet of luxuriously appointed space. 2621 Sledding Hill Road in Oakton is couched comfortably on a .84 Acre Tree-fringed Lot, a quiet refuge just minutes from the Vienna Metro and I-66.

From the moment you set foot in the Sun-drenched Foyer, flanked by Formal Living and Dining Rooms, you know you have found Serenity in this elegant home. Take a moment to relax in the Sunroom, with 3 walls of glass overlooking your Private Retreat, or the Two-story Family Room with warm Gas Fireplace with Granite Surround and amazing Palladian windows, just off the Kitchen. Grab a bottle of wine from the Lower Level Wine Cellar and enjoy a game of billiards in the Game Room.

Finally, end your day in the Luxurious Master Suite, with its Up-to-the minute Stylish Spa Bath and adjacent Study.

2621 Sledding Hill Road. Offered at a mere $1,450,000.

OVER

$60 MILLION SOLD IN 2013!

156 Maple Ave. East Vienna, VA 22180

PAT STACK, ESQ. Realtor速 Home Office: 703-620-5115 Cell: 703-597-9373 Email: patstack2@cox.net www. PatStack2.com

Bethesda

Eagle Ridge, Avenel

Custom built for the original owners by renowned Natelli Builders, on a 2-acre lot in Eagle Ridge – Avenel, the home boasts a large two-story Foyer, Formal Living Room & Library, banquet sized Dining Room, sunken Family Room with custom built-in cabinetry and recently renovated Gourmet Kitchen. Accommodating every leisure pursuit the residence offers 3 daylight levels, with 6 bedrooms, 5 full & 2 half Baths, gym & media room. Perfectly located in the Whitman Cluster. Offered at $2,150,000

Potomac

Potomac Village

Sensational custom built home for the original owners by Bowa Builders, amenities galore, gourmet kitchen, his & her libraries, state of the art movie theatre, gym, security cameras, inground heated pool, stone patio w/outdoor kitchen, generator, elevator, 3 car garage, walk to the village. Offered at $2,690,000

Bethesda

Burning Tree

Surrounded by a private 1 Acre lot this custom home was built for the original owners in 2002. Flooded with natural light with 3 above ground levels it boasts close to 6000 sq. feet on main & upper level, the lower level is unfinished & offers endless possibilities. Fantastic vaulted ceiling in multipurpose room over a three car garage. Located in desirable Whitman Cluster, just a stone throw from Burning Tree Country Club, downtown Bethesda, Washington D.C., and Tyson’s Corner. Offered at $2,295,000

Long & Foster, Inc.

/

10244 River Road, Potomac, MD 20854

Bradley Farms

Potomac

Remarkable residence-10,000sf -comfortable & elegant living space, beautiful, fenced 2 acres. On a cul-de-sac!

3 daylight lvls, hardwood floors, grand foyer w/marble floor, 2 story fam room. Exquisite finishes, luxurious LL perfect for entertaining & relaxation. In close proximity to private schools, Potomac Village shops & restaurants, downtown Bethesda & international transportation & places of worship. Offered at $2,995,000

Piney Glen Farms

Potomac

Stunning Mediterranean Villa. Custom built in 2011, sited on a fully fenced 2.5-acre lot. Three fully finished levels boast a 2-story Family Room, Gourmet Kitchen, Dining Room & Living Room – all flooded with natural light, a Main Level Owner’s Suite, 4 en suite additional Bedrooms, Movie Theater, Professional Bar, Wine Cellar, Pool Room & Sauna. Outdoor entertainment area has a salt-water pool, cascading waterfall, and spa, pool house & outdoor Kitchen. Offered at $2,885,000

Kentsdale Estates

Potomac

Spectacular custom home built by Bradbern Construction sited on over 2 acres. Exquisite finishes and architectural details adorn this 13,462 sq. ft. residence. Center Hall, Grand Dining Room, Gourmet Kitchen, Paneled Library and Master Bedroom suite on the Main Level. Three en-suite bedrooms on Upper Level. Spacious Lower Level walks out to pool, spa, outdoor kitchen, 4 car garage fenced w/ electric gate... Offered at $2,850,000

krystyna Litwin 3 01 . 2 9 9. 6 0 9 8

/

k . l i t w i n @ l o n g a n d f o s t e r.c o m

Vi r t u a l To u r s o n w w w. l i t w i n w h a r t o n .c o m 35

Sitting on top

o f t h e Wo r l d 1 1 8 0 8

C a s c a b e l

C o u r t

W o o d b r i d g e ,

...in this custom home, loaded with every feature you can imagine!  Sited on a two acre lot in lovely Cannon Bluff Estates, this 5000 SF home offers privacy, luxury and the pure joy of living the good life!! Offered at $999,999

Ginny Howden

703.628.0925 (c) / ginny.howden@LNF.com This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such.

This offer is subject to errors, omissions, changes of price, or withdrawal without notice. The listing agent represents the sellers in this transaction.

Mary Jo Offringa

703.624.2160 (c) / maryjo.offringa@LNF.com

v a

Fine Fashion F e at u r e

Eco FashioN Show at

DCFashionWeek

Monday, February 17, 2014 @ 7:00 PM

Imagine

Adam and Eve cladded with vibrant greenery from the Garden of Eden stepping right off the canvas of Titian’s everlasting Fall of Man painting to strike a pose on the fashion runway.

The scene at the Washington Harbour at the Georgetown Waterfront for the kickoff of DC Fashion Week was reminiscent of something of the sort as the Howard University Fashion & Design Program kicked off the week with the Eco Fashion Show.

Commencing the event with an eco-focus was perfectly symbolic of the social responsibility projected down the runway both through the environmentally conscious designs of the students and the philanthropic spirit of the event founder, Ean Williams, who produced the event to provide a world platform for DC’s great designing talents.

The creativity which lit-up the floor was evidence that the future of the fashion industry will be guided by designers capable of keeping our bodies glamorously adorned while letting mother nature keep her beautiful flowers blooming, her trees budding and her many other aesthetic delights coexisting with us for many years to come. As Coco Chanel more elegantly describes it, “Fashion is not something that exists in dresses only. Fashion is in the sky, in the street, fashion has to do with ideas, the way we live, what is happening.” Perhaps the gorgeous cherry blossoms which will soon cover the district served as a competitive advantage for these designers as they crafted their sustainable ensembles, but whatever the case, the 2014 Autumn/Winter Collections DC Fashion Week impressed with a seamless fusion of ecosystem and fashion Ms. Chanel could appreciate.

The fashion presentations consisted of Howard University Fashion & Design Program students and special guest designer Irena Levkovich (Ukraine).

designers: 38

Jas m i n e wo o d s c her i s h s m i t h

photography credit: Phelan Marc c o nstanc e r icha r dson ma ry va ndiv er Pro f. Mi kki Taylor Stepha niee Ma rtin

sha nice pi e r r e Lia na john s

A r li n g t o n ,

Va

sensational penthouse

Located in the heart of Pentagon City 12 11

eads

st

S,

#2101,

a r li n g t o n ,

va

This sensational penthouse offers three private balconies each with a distinct view of the Washington, DC, Arlington and Alexandria skylines. A rare and luxurious nearly 3,000 sqft open floor plan features spacious living and dining rooms and an owners’ sweet with private balcony. The property also includes 2 additional bedrooms, 3 bathrooms and 2 private parking spaces. A true sense of refined elegance can be expressed throughout the unit, offering an entertaining and comfortable style.  Offered at $1,289,000.

A r b o u r r e a l t y. c o m

Will Wiard 875 N. Randolph St, Ste C Arlington, VA 22203 / office: 703.536.5547

7 0 3 . 94 5 .0 6 3 4 Wi l l @ A r b o u r Re a l t y.c o m

C

C l a s s i c E l e g a n ce

600

J a n n e y s L a n e , Al e x a n d r i a , V A

22302

This gorgeous 1950’s estate is the epitome of classic elegance! Sitting on a one acre lot, rare in the City of Alexandria, the home is surrounded by award-winning landscaping. The front entrance is grand while the back of the home offers a private setting just minutes from our nation’s capital. Once inside, you will truly feel you are entering your own private retreat. Seven large flowing rooms on the main level are ideal for entertaining. Features include built-in bookcases, china cabinets, charming pocket doors, floor to ceiling windows and wide oak floors. The kitchen space has been expanded; a real chef’s kitchen that boasts top of the line appliances, has a great bay window seating area and opens to the family room. Upstairs, you will find five large bedrooms, three full baths and a laundry shoot. The owner’s suite is gracious with a balcony overlooking the pool and a luxurious bath with double sinks, spa tub and marble tiling. The outside grounds offer lighting to illuminate the flagstone patio and in-ground heated pool and spa. All of this along with being located in the heart of Alexandria is just part of what makes this home so special. Offered at $2,395,000 (www.600janneys.mcenearney.com).

703.362.3221 | info@thegoodhartgroup.com www.thegoodhartgroup.com

M c l e a n , VA

Custom Contemporary M cl e a n , V A

1614 Kirby Rd

This magnificent, custom, contemporary take on French country was recently featured as Channel 7 WJLA’s “Home of Distinction.” At just over 9200 finished sq. ft., this home offers 6 bedrooms (masters on both the main and upper levels) and 7.5 baths. Situated on over half an acre, the driveway is on Cottonwood and the three-car garage home is gently screened from Kirby Rd. by trees and shrubs. Spectacular finishes, main and catering kitchens, 100” television and projector, and built-in Savant system make this home a rare find. Offered at $2,975,000

John Mentis

Your Life is Changing. I Can Help! ® 202.549.0081 4 6 0 0 L e e H w y, A r l i n g t o n , V A 2 2 2 0 7

/

703.522.0500

john.mentis@longandfoster.com

4 season Potomac, md

VIEWS

Potomac.. Enjoy the four season views from this all Brick, colonial on 2 acres lot with beautifully appointed rooms, elegant curved staircase, gorgeous cherry wood cabinets, wood floors on main & upper Level, open & flowing floor plan for entertainment as well as comfortable living. This ready to move-in home has 5 bedrooms, 4.5 bathrooms, walk-out lower level & 3 car garage. Offered at $1,385,000

private

Potomac, md

a n d G AT E D

Clos e -in Po to mac.. Magnificent private 4 acres Gated Potomac Estate with pool, tennis court & 4 car garage. Host grand receptions at this unique property with approximately 12,000 SF of living space. Offered at $3,000,000

Pa r v i n Na v i d .c o m

Parvin Navid 301.325.6401

Parvin.Navid@LNF.com office: 240.497.1700

A bove A ll.

The Place -To -Be

For the most discerning. For those who refuse to compromise. These are the exquisite new townhomes at Potomac Yard. Gourmet inspired kitchens.

Luxurious master bedroom suites. Highest quality finishes. Elegant design.

Potomac Yard. Metro DC’s most desirable place to call home.

It’s The Place-To-Be.

Phone (866) 711-6237 • 2400 main line BouleVaRd, alexandRia, ViRginia 22301 • Pulte.com/PotomacYaRd Residences Range fRom 1,500–4,200 sq. ft. & PRiced fRom the $600s to $1 million Plus.

Prices listed are base prices, do not include lot premiums or options, and are subject to change without notice. Square footage shown is approximate.

Please see a sales consultant for details. This material shall not constitute a valid offer in any state where prior registration is required or if void by law.

Equal Housing Opportunity. MHBR #516. © 2014 Pulte Home Corporation. All rights reserved.

Resort Living a t i ts b es t Year Built: 2004, Lot Size: 34.8 acres Square Footage: 18,422 Bedrooms: 8 ∙ Bathrooms: 9 Powder Rooms: 4 ∙ Fireplaces: 4 ∙ Garages: 6 Owner Suite 1100 SF

Additions, Expansions and Ground Improvements: 2011 Above Grade Square Footage: 11,721 Below Grade Square Footage: 6,701 HVAC: Multi-Zone, Geothermal

Emergency Generators Security and Surveillance Systems Guest/Caretakers Suite Media Room Exercise Room

Zen Wing – Spa, Sauna, Steam Shower Wine Cellar-Temperature Controlled Ballroom/Meeting Facility Manicured Lawns nestled by Riding Trails

Ample Acreage for Equestrian Facility 9 Hole Professional Golf Course Pool, Sport’s Court Summer Kitchen – Fully Appointed

Kennel with Grooming Facility Water: Public, plus wells for irrigation Sewer: Public, Natural Gas

Darnes town/ North Potomac - p rice up on req u est

Said Zangeneh d: 703.855.1819 / saidzangeneh@aol.com 731-A Walker Road Great Falls, VA

/

703-759-6300 ext. 176

Licensed in VA, MD, and DC 29 Years of Selling Real Estate in Washington, Metropolitan Area

ma r c h 2 0 1 4

/

was h i n g t o n , dc and s u r r o u nd i n g a r e as

FINE

Events mar 13

MAR 8

MAR 8

DC Craft Beer Festival Washington Convention Center.

Washington, DC. The American craft beer tasting will feature seminars and food and the spring releases from approximately 75 breweries including 150 craft beers.

Washington Convention Center, 801 Mt Vernon Pl NW, Washington, DC Session 1: 1 - 4:30 p.m. Session 2: 6 - 9:30 p.m

mar 16

mar 8

McLean Symphony Presents Annual Spring Family Concert: Student concerto composition winners & will see and hear their work presented by full orchestra when Maestro Dingwall Fleary & the players of the McLean Symphony present their spring concert Alden Theatre, McLean Community Center Saturday, March 8, at 3 p.m. at

Fine events calendar

mar 13

mar 16

mar 16

mar 20-23

mar 22

mar 22-23

mar 28

mar 29

Olympia Dukakis in a Concert Reading of Rose: Oscar winner (Moonstruck) Olympia Dukakis creates an indelible performance in the story of a feisty Jewish woman who, with humor, guile and spirit, survived some of the major events that shaped the 20th century.

Music Center at Strathmore Thursday, March 13, 2014 at 8:00 PM

The Dying Gaul: An Ancient Roman Masterpiece Museum, Rome: The Dying Gaul depicts a mortally wounded warrior in his final moments of life. 1st time the marble statue has left Rome since 1797, when Napoleonic forces moved the statue to Paris.

National Gallery of Art

National Shamrock Festival: Enjoy a day of family fun at the largest Saint Patrick’s Day party and street festival in the DC area featuring more than 50 live bands.

RFK Stadium, Washington DC 1-9 p.m.

Walter Beasley: Walter Beasley is an American saxophonist, a professor of music at the Berklee College of Music, and founder of Affable Publishing and Affable Records.

Birchmere, Alexandria, VA 7:30 p.m.

Saint Patrick’s Day Parade: Celebrate Saint Patrick’s Day with a parade along Constitution Avenue - 7th to 17th Streets NW. St. Patrick’s Day is a family day, bringing people together to share the culture of the Irish. Free.

Washington, DC Saint Patrick’s Day Parade Noon to 3:00 p.m

Pablo Francisco Comedy Show/Stand-Up Comedy: A comedian who is best known for his ability to vocally impersonate a wide range of real celebrities and fictional characters including Jackie Chan, Chris Rock, R2-D2, more... The DC Improv 1140 Connecticut Avenue NW Washington, DC 20036

Cherry Blossom Family Days: The annual opening of Washington’s cherry blossom season includes hands-on, family friendly activities, interactive art demonstrations and special live performances.

National Building Museum, 401 F Street, NW Sat:10a.m. - 4p.m. Sun:11a.m. - 4p.m.

Bring It On: The Musical: Bitingly relevant and sprinkled with sass, this Tony-nominated Broadway musical takes you on a high-flying journey through friendship, forgiveness and determination, set in the extreme competition of high school cheerleading. Music Center at Strathmore 3 p.m.

47

FINESarasota 79

Ly n n K e m m e r e r Focused on Your Goals Giving You the Confidence to Make the Right Decisions

French Country Living

Private Sanctuary Just 8 miles From Tysons Elegance and Warmth to your Life in Your Own Retreat Adjacent to Parkland Along the Potomac River Finest Design & Materials; Top Quality Construction Prestigious Neighborhood Hiking Access Along Potomac River from Carrwood Rd Close to Commuting Routes in to Tysons Corner & the Nation’s Capital

Great Falls Offered at $3,900,000

Call to Schedule a Private Viewing

Ly n n K e m m e r e r Associate Broker

NVAR Top Producer Long & Foster Realtors, Inc., Great Falls, VA 22066

lynn.kemmerer@longandfoster.com 703.447.1973

O l d

T o w N

A l e x an d r i a 2 0 6

N o r t h

R o y a l

S t r e e t,

A l e x a n d r i a

VA

2 2 3 1 4

Historic Old Town home, circa 1840, boasts original floor and moldings, high ceilings, three handsome fireplaces with original mantels, gracious room sizes including four lovely bedrooms, and a fabulous new chef’s kitchen. Located in the heart of Old Town Alexandria, this home is one block to King Street and many wonderful restaurants and shops. The weekend Farmers Market is a short stroll away.

A Wolfe range, Gaggeneau ventilation hood, Miele dishwasher, Subzero, and honed marble counters all combined present a kitchen for the gourmet chef. Other attractions of this fine property are a beautiful staircase, family room/library, finished lower level rec room, and private patio. Off street parking for one car in the cobblestone alley. Offered at $1,495,000.

This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offer is subject to errors, omissions, changes of price, or withdrawal without notice. The listing agent represents the sellers in this transaction.

Babs Beckwith

Specializing in Old Town Residences

70 3 . 6 2 7. 5 4 2 1

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The best of 711 Princess st $2,495,000

318 Prince St $725,000

8212 Collingwood Ct $955,000

702 Kings Ct $895,000

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A l e x a n d r i a’ s # 1 R e a lt o r wintermuteassociates.com 310 King Street

50

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A l e x a n d r i a , VA 2 2 3 1 4

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alexandria 610 Queen St $1,150,000

830 Herbert Springs Rd $3,175,000

909 North Quaker Lane $1,095,000

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2505 Central Avenue $895,000

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D onnan C. W in te r mu te [ c ] 703 . 6 08 . 6 8 68

[ o ] 703.5 18.615 6

dw in t er mute @cbmove.com

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Market Analysis

[ national rent v. buy trend ]

National = Compared to DC Metro [ Montgomery county, Fairfax County; Arlington, VA; Alexandria, VA; Washington, DC ]

Home Prices vs rents [ national 12 year trend ] Rent

Buy

250,000

800

200,0000

700

150,000

600

100,000

500

50,000

400 00

02

04

06

08

local:

23%

to buy vs rent in DC

Information is considered reliable; however, because it has been attained via third parties, we cannot represent that it is accurate or complete, nor should it be relied upon as such.

10

12

Fine R e a l E s tat e S tat i s t i c s

Market Analysis Statistics focus: markets of Montgomery county, Fairfax County; Arlington, VA; Alexandria, VA; Washington, DC

Winter Dethaw Approaching as Market Heats Up

[ opinion ] Closed sales decreased just over two percent from this

show NOI projections of 4-5%; including all property types.

time last year, as the DC Metro was forced indoors to fend

Slightly rising interest rates (but still low) won’t slow growth

against the unusually heavy cold and snow which hammered

either as they look to be offset by more lenient underwriting

the region this winter. But as we move toward spring melt-

practices and greater availability of capital.

off, several key indicators suggest the area will quickly climb back to 2013’s impressive numbers.

Another megatrend which will appear more noticeable this spring is the growing desire to move to a place with great

The most visible indicator this spring will be the heavy

walkability. The growing success of walk score services

construction hitting the area. In case you haven’t noticed

offered by WalkScore.com which are now used by over

Caterpillar’s stock surge of more than 15% over the past

30,000 sites is pretty strong evidence of a culture shift towards

few months, then the several cranes, excavators and haul

a more urban, less car dependent lifestyle – especially

trucks filling the horizon will be your signal that construction

amongst millennials. Studies show that less people under

is indeed back.

Both housing starts and commercial

age 24 are getting driver licenses. Approximately 25% of

developments are looking strong. Even Donald Trump will

people age 20-24 do not have a license, which represents

begin construction in DC this spring as he breaks ground

over a 10% decline from 20 years ago. It is projected that

on a $200 million renovation project which will transform

urbanization will increase by 72% to the year 2050 and the

the Old Post Office Pavilion (built in 1899) into a luxury

DC metro is among the most popular cities for the urban

hotel which Trumps says will help “us define what the hotel

loving millenials.

industry, what the hospitality industry will be on this side of Pennsylvania Avenue.”

Though January sales were off to a slow start, things are about to heat up in DC. And as more people start stepping

Increasing Net Operating Income (which equates to

outside to enjoy the spring weather, so too will they be out

increased cash flows) will keep more investors moving

touring what’s new and hot in local real estate.

towards real estate as a favored asset class. The past five years NOI has sat at roughly 3%, while the next three years

by D a n W o o dw a r d

Information derived via data obtained from RBI, inc. and projections developed with use of interpolations from nuwireinvestor (nuwireinvestor.com) and washingtonpost.com

FINEdc.com/stats

53

Greater DC Statistics Statistics focus: markets of Montgomery county, Fairfax County; Arlington, VA; Alexandria, VA; Washington, DC

Total listings sold in January 2014

Homes sold/Number of listings

Based on reported sales transactions 1/14 Combined Areas of Montgomery county, Fairfax county, Arlington, Alexandria and DC

Based on reported sales and # of listings for 1/14 Ratio based on sold homes of 2438/5478 total listings Montgomery county, Fairfax county, Arlington, Alexandria and DC

2438

Percent Sale to list: 5 county Average

45%

Arlington: Highest median sold Price

98.3% 499K $

1/14 - Average between Arlington, Alexandria, Fairfax county, Montgomery county and DC. Each county weighted by proportion of listings on market

Highest median sold price between counties. Included: Arlington, Alexandria, Fairfax, Montgomery, DC counties in comparison. Falls Church, VA not included. 1/14

District of columbia: Average days on market [ single family homes & condos ]

21%

470 +2%

1/14 vs 1/13

46

1/14

units sold

% Change YOY

The District of Columbia experienced an increase of 2% in units sold year over year for listings during the month of January.

Provided by Long and Foster Real Estate, Inc.

Information is considered reliable; however, because it has been attained via third parties, we cannot represent that it is accurate or complete, nor should it be relied upon as such.

Top 4 metrics derived via data obtained from Redfin.com

Fine R e a l E s tat e S tat i s t i c s

how to estimate market value for the informed real estate investor Estimating the true market value of a home ought to be

the size and features of a lot can account for more

treated as intricately as a Sherlock Holmes investigation.

than 50% of the property’s current and future value.

Too often, soft data points champion their way as the

Remember, you’re buying far more than just a house!

primary metrics used to gauge a property’s value. The comparable sales approach has grown popular as an

Now it’s time to detail the size, condition, quality and

appraisal method by conveniently comparing obvious

appeal of the house. Square footage is one of the

data points, while the more meticulous cost and income

most important determinants of value and as straight

approaches have been heavily abandoned. But in the words

forward as it may sound, determining the true square

of Sherlock, “There is nothing more deceptive than an

footage isn’t as much a hard science as one might

obvious fact.”

imagine. If you were to ask ten different appraisers to measure the square footage of a home, it is almost

Before digging too far into the numbers, it’s important

without doubt that you will get ten different answers!

to go see the house in person. While there, get out the magnifying glass and white gloves and dig into the details

Once the site visit is completed it’s time to take your

of the property and neighborhood features listed on the

field investigations back to the office to thoroughly

appraisal form. Judging a property profitably requires

analyze all the notes and numbers. Combining

focusing through the oohing and awing stages of home

three fundamental appraisal methods will lead to

touring. Next, identify where the property is. As obvious

the most accurate property value estimate. Namely,

as that may sound, even though the street address says

the three approaches are the cost approach, the

Beverly Hills the property may actually sit in West Hollywood

income approach and the comparable sales approach.

– this may not sound like an end of the world scenario,

Essentially, the cost approach calculates how much it

but these are subtle differences that can cost you; even in

would cost to build the property at today’s prices, the

sunny SoCal! Knowing exactly which city the property sits

income approach estimates the rents you would expect

in ensures you’re evaluating the correct zoning, building

the property to produce and the comparable sales

regulations, school district, rent controls, permits, etc.

approach compares the property with other similar properties that have recently sold. Using these three

Knowing the neighborhood will dramatically impact

methods together provides an important sanity check;

your ability to calculate an accurate estimate as well. A

keeping you from getting caught in the red on your

neighborhood investigation should analyze the area vacancy

deal.

rates, types and condition of area properties, percentage of owner occupied dwellings, the convenience and quality

If you’d like to dive deeper into how to use these

of shopping and walking, schools, employers, parks and

appraisal methods to determine the market value of

gyms, rental ranges, etc. You can start to see why finding

your home or a home you’re interested in, Investing in

a quality Realtor is worth its weight in gold! Equally

Real Estate by Gary Eldred is an excellent blueprint for

important features to consider in your estimate are the site

the true number cruncher at heart!

characteristics. It may sometimes come as a shock, but

by D a n W o o dw a r d

FINEdc.com/stats

55

w a s h i n g t o n ,

C l a s s i c Victorian Investment property Top to bottom renovation of classic 4500 sq ft Victorian Townhouse into four luxurious 2 bedroom units. Great open floor plans with warm hardwood floors, gourmet kitchens with granite counters and stainless steel appliances, great light from southern exposure, rear decks on 3 levels, high ceilings with recessed lighting, separate metering and parking for 2 small cars. A great investment. Walk to it all!

roby

Long & Foster Realtors - Woodley 2 3 0 0 C a lv e r t S t r e e t, N W Washington, DC 20008

thompson (c) 202.255.2986

/

(o) 202.483.6300 ro b y @ L N F. c o m

d c

s tunning

Chesapeake Bay Retreat S a v o i r F a i r e O n T h e B a y. c o m Featured on HGTV’s Vacation Hunters is this stunning Chesapeake Bay retreat. Situated on 50+ private waterfront acres with 5 ensuites, gourmet kitchen, family/dining room with dual stone hearth fireplace and 2nd floor family room with bar. The outdoor oasis consists of a heated in-ground pool with custom hardscapes and outdoor kitchen, sandy beach, pier with 4+/- ft MLW, boat lift and additional detached 80 x 60 garage.

Offered at $3,700,000.

Traci Jordan associate broker

tracijordan.com 410-310-8606 (d) tjordan@mris.com 29 E. Dover Street • Easton, MD 21601 • 410-822-2152

EXiT LATHAM REALTY

F a i r p l ay,

Rockland

ESTATE

R o c k l a n d – F a i r p l ay, M a r y l a n d o ff e r e d a t $ 1 , 8 2 9 , 0 0 0

Built in 1803, the historic Rockland estate sits on over 25 acres featuring an 8,600 sqft home with 7 bedrooms, 3.5 baths, and 8 fireplaces. Just over an hour from Washington DC, Rockland has undergone extensive renovations over the past decade to include central air conditioning, a remodeled kitchen, and beautifully landscaped gardens and walkways around the house.

Dav i d D e s a n t is 5 4 5 4 W i s c o n s i n Ave

|

C h ev y C h a s e , M D

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered service marks used with permission. Each office is independently owned and operated. Equal Housing Opportunity.

m D

202.438.1542 d d e s a n t i s @ t t r s i r. c o m

FINE

Dining Guide Washington, DC and surrounding Areas

Proof 1,000 bottlings and over 40 by-the-glass wine selections.

Address: 775 G St NW, Washington, DC 20001 Phone: (202) 737-7663 / proofdc.com

1 7 8 9 R e s ta u r a n t Complimentary valet, the rare treat of white truffles and a Christmas scene personally orchestrated by renowned decorator, William Watts.

Address: 1226 36th St NW, Washington, DC 20007 Phone: (202) 965-1789 / 1789restaurant.com

N e w t o n ’ s Ta b l e Their Pig Brittle is named by FOOD NETWORK as one of the “50 Best Ice Cream Desserts in America.”

Address: 4917 Elm St, Bethesda, MD 20814 Phone:(301) 718-0550 / newtonstable.com

Woodmont Grill In-house bakery and live jazz nightly.

Address: 7715 Woodmont Ave, Bethesda, MD 20814 Phone: (301) 656-9755 / hillstone.com/#/restaurants/woodmontGrill

Fine Dining Guide

2 9 4 1 R e s ta u r a n t Floor-to-ceiling windows and magnificent water views with overflowing Christmas charm.

Address: 2941 Fairview Park Dr, Falls Church, VA 22042 Phone:(703) 270-1515 / 2941.com

Ray’s the Steaks It’s all about the steaks.

Address: 2300 Wilson Blvd, Arlington, VA 22201 Phone:(703) 841-7297 / raysthesteaks.com

Filomena Ristorante A unique Christmas experience.

Address: 1063 Wisconsin Ave NW, Washington, D.C. 20007 Phone:(202) 338-8800 / filomena.com

Mintwood Place Chef Cedric Maupillier mans the grill, Food & Wine’s THE PEOPLE’S BEST NEW CHEF: Mid-Atlantic.

Address: 1813 Columbia Rd NW, Washington, DC 20009 Phone:(202) 234-6732 / mintwoodplace.com

Range Highly sophisticated contemporary designs with a raw bar and cocktail menu designed to match.

Address: 5335 Wisconsin Ave NW #201, Washington, DC 20015 Phone:(202) 803-8020 / voltrange.com

G e o rg i a Br o w n ’ s For a taste of the south.

Address: 950 15th St NW, Washington, DC 20005 Phone:(202) 393-4499 / gbrowns.com

O va l R o o m Close proximity to the White House and chef Tony Conte make it a DC powerhouse.

Address: 800 Connecticut Ave NW, Washington, DC 20006 Phone: (202) 463-8700 / http://www.ovalroom.com/

facebook.com/finedc

63

Chase Point The lu x u ry c o n d o l i f e s t y l e is a state of mind

This is the luxury condo lifestyle

No 514

No 412

Sunny and Elegant Corner Unit with Spacious Open Floorplan.

One of a Kind Sunny Corner Unit with 2bdrs & 2bas. Sunsplashed with 3

Perfect for Carefree Entertaining Overlooking the City Lights. Â 2

Exposures & Extraordinary Park Views from the Large Balcony. Unique

bedrooms, 2 baths with Granite floors, counters and shower,

layout with Marble Entry Foyer, exotic hardwoods, custom cabinets and

Gourmet kitchen, Gleaming Brazilian Hardwood floors, Marble

shelving, travertine and designer granite in bathrooms, Huge, Walk-in

Entry Foyer, Granite Countertops and fantastic, full sized

Closet in Master Suite. Granite counters, Viking Appliances, and custom

Granite Host Bar. Bosch Washer and Dryer. 2 parking spaces.

built desk off kitchen. Surround sound speakers, upgraded light fixtures

1,320 Square Feet. Offered at $950,000

and track lighting throughout. This exceptional unit includes 2 parking spaces and a storage unit. 1,565 sq. ft. Â Offered at $1,199,000

neilbacchus.com 7700 Old Georgetown Rd., Suite 120 / Bethesda, MD 20814

4 3 0 1

M i l i t a r y

R d

N W ,

W a s h i n g t o n ,

DC

2 0 0 1 5

Free, unencumbered, except for your whims and

Chase Point exemplifies the Luxury Condo Lifestyle.

your desires. Freedom to enjoy all the finer things

Offering a superb location and unparalleled access to

in life with access to the finest in shopping, dining,

a vibrant city and all of life’s amenities just outside your

entertainment, culture and wellness, 24/7. Freedom

doorsteps. Located in NW DC, just over the Chevy Chase

to leave the everyday, to come and go as you please

line and across from the Friendship Heights Metro,

and let others take care of the mundane, everyday

ensconced on a lush, green parkside setting, Chase Point

responsibilities. This is the Luxury Condo Lifestyle.

is a Chic City Oasis in the middle of the action.

This is the luxury condo lifestyle

No 301

No 204

Exceptional, Sun Splashed Luxury Condo. 2 Bedrooms, 2.5 baths

Chic City Condo with Exciting City Views. 2 bedrooms, 2 baths &

and Den. Balcony. 2 Parking Spaces. The finest Brazilian hardwood

Den. Gourmet kitchen, 9”-10” ceilings, floor to ceiling windows,

floors and Granite countertops. Viking Appliances and Bosch washer

Viking Appliances, the finest Granite counters, Marble foyer, and

and dryer. Gourmet Entertainers Kitchen with Spacious Open

exotic Brazilian hardwood floors. Includes 2 parking spaces. 1,444

Floorplan. Exquisite floor to ceiling windows with panoramic views

Square Feet. Offered at $1,050,000

of the park and city. One of the largest units available at Chase Point. 2,220 Square Feet. 9’ - 10’ ceilings. Offered at $1,699,000

the bacchus group

building relationships for life 301.674.8090 / neilbacchus@mris.com (o) 240-497-1700 / (d) 240-497-2709 LAURA BACCHUS

neilbacchus.com

NEIL BACCHUS

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