Update: 8022 Birnam Wood Under Contract

A contract was ratified quickly on 8022 Birnam Wood Drive as expected. The home was listed on October 16 for $1,199,900.

The only home currently active for sale in the McLean Hamlet is 7725 Desdemona Court. The home has been on the market since June 24, listed with two brokerages during that time. The listing states that the seller is motivated and that all offers are welcome. The price was reduced today from $1,200,000 to $1,199,000. It will be interesting to see if this price reduction leads to a contract.

8022 Birnam Wood Drive Listed for $1,999,900

A home has been listed for sale for $1,199,900 in the McLean Hamlet, while another is under contract. Both homes are listed for $1,199,900.

A well renovated home was listed for sale over the weekend. The home at 8022 Birnam Wood Drive, which underwent renovations after it sold in 2018, was listed for $1,199,900. Look for this home to be under contract quickly based on the renovations, location, and sizable lot.

Another home, this one listed for 235 days by two brokers, is now under contract. The home at 7731 Falstaff Road, advertised for a list price of $1,199,900, is under contract again. It was previously under contract on September 17, but back on the market again on October 9.

VDOT Public Hearing for the 495 Express Lanes Northern Extension scheduled for 10/5/20

Visit 495NorthernExtension.org for information details of the public hearing and the project which will affect roads near the McLean Hamlet.

VDOT is conducting a virtual public meeting regarding the location and design of the I-495 Express Lanes Northern Extension on Monday, October 5, 2020. Postcards were mailed to McLean Hamlet residents in early September to notify residents of the upcoming meeting. It will be held virtually and information can be found at 495NorthernExtension.org.

A concerned Hamlet resident recently asked me if properties are going to be affected by the project. The study process has been ongoing for several years, and the project website includes comments from the May 20, 2019 public hearing that addresses that question. A link to the public comments can be found here. The specific question and response found on page 15 is included in the photo below.

The answer is not definitive in any manner. Interested parties are encouraged to participate in the hearing and send comments.

Two Homes Under Contract in the McLean Hamlet

The past week saw a few new properties listed and two homes received contracts. The home at 8103 Falstaff Road went under contract after 4 days on the market. It was listed on August 27, for $1,050,000. The home at 7806-A Birnam Wood Drive, listed for $1,398,888, also went under contract. It had been on the market for 228 days.

The listing agent of 1348 Macbeth provided new information on the listing of that home. It is undergoing extensive renovations and will be listed for sale, with an expected list price around $1,300,000.

8103 Falstaff Road to be listed for $1,050,000

8103 Falstaff Road listed as coming soon and to be on the market for $1,050,000 by Friday, August 28.

A home has been listed as coming soon in the McLean Hamlet and it is expected to be on the market by Friday, August 28. 8103 Falstaff Road is a colonial with five bedrooms, three full and one half baths, and a two car garage. It also features a circular drive that provides convenience for the owners. The price is listed as $1,0500,00.

Hamlet sellers see 10% price increase in just one year at 7712 Falstaff Road

7712 Falstaff Road sale shows a strong market in the McLean Hamlet despite issues related to the pandemic.

The sale of the home at 7712 Falstaff Road closed this week. The home sold for $1,335,000. The sellers purchased the home almost exactly a year ago on August 14, 2019, for a price of $1,220,000. The sale price this week represents an increase of 9.4%. Owners in the McLean Hamlet love to see this price appreciation.

How has the pandemic lockdown affected prices in the neighborhood? In the McLean Hamlet over the past 120 the sale of five homes have closed. The average sale price of those five homes is $1,061,000, with 7712 Falstaff as a high sale. The low inventory of homes available has clearly influenced quick sales, with an average days on market for these five homes of 6 days on market.