Landlord's Agent in 2024
Megan Thiel
Long & Foster
(202) 810-3844
3 in this area
273 Total Sales
Estimated Value: $6,716,000 - $20,938,720
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.
Last Agent to Rent the Property
(202) 810-3844 contact@teamthielrealestate.com Long & Foster Real Estate, Inc. Listed on: 12/08/2023
Co-Listed By
(202) 810-2155 alex@teamthielrealestate.com Long & Foster Real Estate, Inc. License #0225221646
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elariny Hazem A | -- | Advantage Settlement Inc | |
| Cedar Medical Llc | $1,550,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elariny Hazem A | $5,645,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | Rented | $45,000 | +13.9% | -- |
| 06/20/2024 06/20/24 | Under Contract | -- | -- | -- |
| 05/09/2024 05/09/24 | Price Changed | $39,500 | -12.2% | $2 / Sq Ft |
| 02/27/2024 02/27/24 | Price Changed | $45,000 | +163.3% | $3 / Sq Ft |
| 02/19/2024 02/19/24 | Price Changed | $17,094 | -99.8% | $1 / Sq Ft |
| 12/29/2023 12/29/23 | Price Changed | $7,999,999 | +46700.0% | $500 / Sq Ft |
| 12/08/2023 12/08/23 | For Rent | $17,094 | -51.2% | -- |
| 12/30/2016 12/30/16 | Rented | $35,000 | +38.9% | -- |
| 12/30/2016 12/30/16 | Under Contract | -- | -- | -- |
| 10/13/2016 10/13/16 | For Rent | $25,191 | +52.7% | -- |
| 10/25/2015 10/25/15 | Rented | $16,500 | -8.3% | -- |
| 10/23/2015 10/23/15 | Under Contract | -- | -- | -- |
| 08/04/2015 08/04/15 | For Rent | $18,000 | +20.0% | -- |
| 09/20/2013 09/20/13 | Rented | $15,000 | -24.6% | -- |
| 09/19/2013 09/19/13 | Under Contract | -- | -- | -- |
| 04/18/2013 04/18/13 | For Rent | $19,900 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $54,285 | $4,846,310 | $2,353,000 | $2,493,310 |
| 2024 | $54,285 | $4,594,580 | $2,220,000 | $2,374,580 |
| 2023 | $52,383 | $4,549,070 | $2,198,000 | $2,351,070 |
| 2022 | $52,793 | $4,525,790 | $2,198,000 | $2,327,790 |
| 2021 | $51,212 | $4,280,150 | $1,998,000 | $2,282,150 |
| 2020 | $51,640 | $4,280,150 | $1,998,000 | $2,282,150 |
| 2019 | $51,640 | $4,280,150 | $1,998,000 | $2,282,150 |
| 2018 | $49,222 | $4,280,150 | $1,998,000 | $2,282,150 |
| 2017 | $52,348 | $4,421,270 | $1,998,000 | $2,423,270 |
| 2016 | $52,237 | $4,421,270 | $1,998,000 | $2,423,270 |
| 2015 | $58,442 | $5,130,990 | $2,497,000 | $2,633,990 |
| 2014 | $55,639 | $4,895,680 | $2,497,000 | $2,398,680 |
Landlord's Agent in 2024
Megan Thiel
Long & Foster
(202) 810-3844
3 in this area
273 Total Sales
Landlord's Co-Listing Agent in 2024
Alex Thiel
Long & Foster
(202) 810-2155
3 in this area
170 Total Sales
Tenant's Agent in 2024
Lise Courtney Howe
Real Living at Home
(240) 401-5577
128 Total Sales
N
Seller's Agent in 2016
Norman Domingo
XRealty.NET LLC
(888) 838-9044
1 in this area
1,274 Total Sales
N
Buyer's Agent in 2016
Non Member Member
Metropolitan Regional Information Systems
Seller's Agent in 2015
Stephanie Smith
Select Premium Properties, Inc
(910) 518-9280
3 in this area
975 Total Sales
Source: Bright MLS
MLS Number: VAFX2157264
APN: 0212-03-0019R