5620 Macarthur Blvd NW, Washington, DC 20016

Description

INCREDIBLE OPPORTUNITY - NOW LISTED AT OR BELOW REPLACEMENT COST. with beautiful views over the Potomac River basin. Classic, solid, four square, brick Colonial with loads of potential. Move in ready or lightly update. Or build your dream home in the heart of one of DC’s most coveted neighborhoods. Estate sale by one family owner since it was constructed. The home has been updated around 2015 and has hardwood oak flooring in very good condition on the 1st and 2nd floors. Three bedrooms, one full on the 2nd floor. Lower level has another full bath with an opportunity for another walk out bedroom, au pair/in-law suite. Approx. 12 foot ceiling on lower level – great for a gym, playroom or large bedroom conversion. Main level has updated kitchen opening to sun-filled family room and a half bath. A den, separate dining room and living room with wood-burning fireplace complete the first floor. Additional bedroom or play room option in attic level with staircase in place. Forced air cooling and heating throughout. Convert this house easily to a 5 bedroom or add off the back for a spacious. A pool is easily added with plenty of rear yard space. Sizeable shed with attached 2 vehicle carport are easily accessed off the wide rear alley. Large, level rear yard with the opportunity to add a large pool, ADU or just a big yard. Lot is fairly good size with 6,860 sq ft. (approx. 50ft x 137ft). The property is also an investment with excellent long term rental income potential. Rear alley accessed parking for 2 cars off street. Close proximity to fabulous restaurants, coffee shops, parks, and a short walk/bike ride away are some of the best restaurants and shops around including Claudio’s Table, Et Voila, Black Salt, and Sweet Agave. The nearby amenities also include: Key Elementary School, Community Preschool of Palisades, Palisades Montessori, Fletchers Boat House, Palisades Rec Center, Palisades Library, Sibley Hospital, the post office and a farmer’s market each Sunday morning. Or if you prefer the serenity of DC’s finest parks, you are only steps away from the Potomac River, C&O Canal, Capital Crescent Trail and Battery Kemble. Experience the walkability to local schools, and all that Palisades has to offer. Located minutes from top private schools including Beauvoir, Lab School, Washington International School, The River School, and The Field School. Just mins to MD & VA! Also, DC 2050 Comprehensive Plan calls for zoning changes that will lead to a wider range of housing options in our neighborhoods in the future. This means that some areas within ANC3D that are currently single-family home zones could be converted to zones that allow multi-family housing or mixed-use with retail on the first floor and residential above. Thus, adding to the value of the property.

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