1223 Providence Ter, Mc Lean, VA 22101

Description

Opportunity awaits in this ideally located McLean property, offering exceptional flexibility for its next owner. Tucked away on a private cul-de-sac and set on a beautiful half-acre lot, this property presents a rare chance to renovate, build new, or hold as a long-term investment.

Located within the highly sought-after Langley High School pyramid and just moments to the McLean Community Center, parks, shopping, and major commuter routes, the setting offers both privacy and convenience.

The existing home features a light-filled, mid-century modern design with an open layout, hardwood floors, and expansive windows that bring in abundant natural light. The residence includes four bedrooms, two full baths, and a flexible home office or potential fifth bedroom. Recent updates include a new roof (2021), new carpeting, and fresh interior and exterior paint. The home is serviced by public water, public sewer, and natural gas.

The property is currently tenant-occupied with a lease in place through June 1, 2027, generating $4,300 per month. Tenants are responsible for all utilities, repairs, and lawn care, and have been in residence for five years, providing stability and immediate income for an investor.

For those considering new construction, the property offers a significant advantage with RPA and grading plan approvals in place, allowing builders up to 2608 square feet per level on 3 levels, while minimizing upfront time and cost. Also, stamped architectural drawings ready for submission to the County for approval are available and can convey, including thoughtfully designed plans with cost-conscious options that can be implemented efficiently.

A rare opportunity to secure a prime half-acre lot with strong land value and multiple pathways forward in one of McLean’s most desirable locations.