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New Listing! 4822 DeRussey Parkway Chevy Chase, MD 20815

by Phyllis Wiesenfelder

                    
Welcome to this extraordinary Bauhaus inspired residence in sought-after Chevy Chase West.  Designed by McGraw Bagnoli Architects, this exceptional home boasts clean lines, striking angles, a glass curtain of windows, abundant natural light, exquisite finishes and a dramatic open floor plan.  This distinctive home offers a high ceilinged entry, spacious living room with a fireplace, custom built-ins and walls of windows, and a light filled dining room with a vaulted ceiling. The top-of-the-line chef’s kitchen flows seamlessly into the sundrenched breakfast room, the warm and inviting family room, and a comfortable deck.  Two bedrooms, striking hall bath, powder room, and a floating staircase with cable railings complete the main level.  The upper level features a glorious master bedroom retreat with a sumptuous bath, large walk-in closet, laundry, and private balcony with treetop views, two additional bedrooms, and hall bath.  The delightful walk out lower level hosts a recreation room and play area, media room, the sixth bedroom, bath, laundry and mudroom with built-in storage, butler’s pantry, access to the large terrace and outdoor entertaining space, and dual entry to the two car garage.  Modern, warm, and joyful—this home is truly a treasure.
 
This unique property is located within steps of Norwood Park with its tennis courts, playgrounds, and tot lots and ever so convenient to two METRO stations, Somerset Elementary School, the Capital Crescent Trail, the Bethesda Pool, and the fine shops and restaurants of Bethesda and Friendship Heights.
 
                                                 Click Here to View the Virtual Tour
 
MAIN LEVEL
Impressive covered stone front porch and beautiful walkway
Dramatic high ceilinged entry and expansive foyer with a stunning glass door, built-in floating wood drawer, slate tile flooring, and front coat closet with automatic lighting
Elegant living room with  oversized windows, wood burning fireplace, custom 
built-ins, and recessed lighting
Light-filled dining room with walls of windows, vaulted ceiling, and skylight
Sensational top-of-the-line kitchen with custom cabinetry, marble countertops, subway glass tile backsplash, Sub-Zero stainless steel refrigerator, Wolf six burner gas range with double oven, stainless steel exhaust hood, Bosch dishwasher, two sinks, and a large center island and breakfast bar with a pendant light fixture
Sun-drenched breakfast room with built-in desk area, custom cabinetry, Sub-Zero wine cooler and sliding doors to deck 
Warm and inviting open family room with wood shelving, patterned ceilings, recessed lighting, and access to deck
Spacious deck overlooking a canopy of trees with bench seating, gas line for grilling, cable railing, and floating staircase to Flagstone terrace
Powder room with a floating marble top vanity
Bedroom or office with wall-to-wall display shelving, built-in bar nook, and access to dual entry bath
Luxurious dual entry bathroom with double vanity, glass enclosed mosaic tile shower with bench, and separate toilet closet 
Second bedroom with picture window, recessed lighting, and two exposures
Spectacular floating staircase with cable railings
 
UPPER LEVEL
Glorious master bedroom suite with private balcony and treetop views, built-in shelving, transom window, huge walk-in closet with organizing system, large storage closet or playroom, and laundry room with transom window
Sumptuous master bathroom with artisan farm door, double vanity, soaking tub, separate glass enclosed shower with bench seating, dual flush toilet, premium cabinetry, and tile floor with radiant heat
Fourth and fifth bedrooms with large windows, built-in shelving, and closets with organizing systems
Chic hall bathroom with double vanity and glass enclosed bath/shower combination with gorgeous ceramic tile
Linen closet
 
LOWER LEVEL
Wonderful recreation room and play area with brick fireplace, built-in cabinetry, tile flooring with radiant heat, and access to large flagstone patio and fully fenced backyard
Media room with wall-to-wall carpeting and recessed lighting
Large laundry and mudroom with custom built-ins, bench seating, soaking sink, and two exterior entrances
Sixth bedroom –the perfect au pair suite or exercise room with wood flooring and great natural light 
Full bathroom with glass enclosed shower with bench
Butler’s pantry with second refrigerator, built-in shelving, cabinets, utility closets, and access to garage and recreation room
Two car garage – dual entry from hallway and butler’s pantry
Large flagstone patio with covered dining area and ceiling fan
 
ADDITIONAL AMENITIES
Dazzling modern architecture with dramatic light-filled spaces, oversized windows, floating staircases, and superb entertaining flow
Striking glass paneled doors and custom blinds
Integrated in-home audio system with speakers on all levels
Hardwood floors on main and upper levels
Recessed lighting throughout
Fully fenced professionally landscaped yard with large terrace
Attached two car garage with dual entry
 
SPECIFICS:
Lot Size: 11,446 square feet
Legal Description:  Lot 38, Block C
Subdivision:  West Chevy Chase
Year Built: 1955/2014
Schools: Somerset Elementary, Westland Middle, and Bethesda-Chevy Chase High School
Estimated taxes and non-tax charges in the first fiscal year of ownership are: $15,812.54

January 2017 Washington, DC Market Trends Report

by Greater Capital Area Association of REALTORS®

Median Sales Price Up 4.6 percent – Reaches Highest January Level on Record
Washington, DC – (February 10, 2017) – The following analysis of the Washington, DC housing market has been prepared for the Greater Capital Area Association of REALTORS® based on analysis of MRIS multiple listing data by MarketStats by ShowingTime.

Overview
January’s median sales price was $527,500, a 4.6 percent increase over last year’s median of $504,250 and the highest January level on record. The 545 January sales represented a 21.1 percent increase versus last year and was above the January 5-year average of 469. Supply remains scarce relative to demand, continuing to drive a strong seller’s market in the District. The 1,107 active listings represent just 1.6 months of supply. Half the homes sold in January were on the market 23 days or less prior to contract, three days quicker than the pace of January 2016. There was a 23.6 percent hike in contract activity compared to last January. The 655 overall new pending sales topped the five-year January average by 9.8 percent. The number of new listings increased 12.1 percent compared to last January. The 853 new listings exceeded the five-year January average by 124 listings. All three segments increased more than 15 percent in closed sales. 

January 2017 Montgomery County Market Trends Report

by Greater Capital Area Association of REALTORS®

Closed Sales Up 9.0 percent - Reach Highest January Level Since 2007 Closed Sales Up 9.0 percent - Reach Highest January Level Since 2007 Washington, DC – (February 10, 2017) – The following analysis of the Montgomery County, MD housing market has been prepared for the Greater Capital Area Association of REALTORS® based on analysis of MRIS multiple listing data by MarketStats by ShowingTime.

Overview

January’s tally of 704 closed sales topped last year’s level by 9.0 percent and was the highest January level since 2007. The 848 new pending sales marked an 11.1 percent jump from last January and beat the five-year January average by 4.3 percent, or 35 contracts. There were 1,010 new listings added in January, 15.6 percent more than last January’s mark. The 1,749 active listings dip far below last January’s active listing total 2,100 (-16.7%). The 1,749 active listings heading into February represent 1.7 months of supply given the average sales pace over the last twelve months, favoring the seller 21.3 percent more than the 2.1 months of supply last January. Half of the homes sold in January were on the market 42 days or less, 13 days quicker than the median DOM in January 2016. The average DOM was 14.3 percent lower at 66 days. The $390,000 median in January was 8.3 percent higher than last January’s median of $360,000. The average sales price in January was $482,017, a 6.8 percent increase over the January 2016 average of $451,298. Closed sales rose in all segments of the market.

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Photo of Phyllis Wiesenfelder Real Estate
Phyllis Wiesenfelder
Long & Foster Real Estate, Inc.
4650 East West Highway
Bethesda MD 20814
Direct: (301)215-6915
Mobile: (301)529-3896
Fax: Office: 301-907-7600