Discover Luxury Living and Convenience in Suitland's Gated Community
Welcome to 5522 Capital Gateway #408, a stunning three-bedroom, two-and-a-half-bathroom residence located in a sought-after gated community in Suitland, MD. Priced at $380,000, this modern and comfortable home offers a fabulous floor plan designed for seamless living. With its prime location just steps away from the Branch Avenue metro station, this property combines luxury, convenience, and a vibrant community ambiance.As you step inside this freshly painted unit, you'll immediately notice the beautiful hardwood flooring that flows throughout the main level. Natural light floods the space from windows on three sides, creating a bright and airy atmosphere that invites relaxation and tranquility. Take a moment to enjoy the lovely sitting porch off the kitchen, where you can savor a morning cup of coffee or unwind in the evening with your favorite beverage.The oversized kitchen is a culinary enthusiast's dream, featuring stainless steel appliances, an island, and ample cabinetry for storage. Prepare delicious meals and entertain guests with ease in this well-appointed space. Adjacent to the kitchen, a cozy family room offers the perfect setting for intimate gatherings, while the expansive living room provides versatility for various lifestyle needs.Upstairs, the sprawling owner's suite is a true retreat. Step into a haven of relaxation with a huge walk-in custom closet featuring high-end built-ins, providing ample space for all your wardrobe needs. The owner's suite is complemented by generously sized secondary bedrooms, allowing for comfortable living for every member of the household. Additionally, convenient washer/dryer access on this level adds to the overall functionality and ease of living.This gated community offers reserved parking, ensuring that your vehicles are secure and easily accessible. Beyond the comforts of home, residents can enjoy a vibrant community ambiance and access to nearby trails, dining, shopping, and major highways. Whether you're taking a leisurely stroll through the neighborhood or embarking on a shopping spree at the nearby Walmart, this location offers the perfect blend of convenience and luxury living.In addition to its proximity to shopping and dining options, one of the standout features of this property is its close proximity to the Branch Avenue metro station. This gives residents easy access to the city, allowing for a stress-free commute or the ability to explore all that the Washington, D.C. metropolitan area has to offer.In summary, 5522 Capital Gateway #408 is an exceptional listing in Suitland's real estate market. With its modern design, luxurious features, and convenient location, this property offers the epitome of comfortable and convenient living. Don't miss out on the opportunity to make this your dream home. Schedule a viewing today and embark on a new chapter of luxury living and convenience in Suitland's highly sought-after gated community.
Luxury Living in the Heart of Washington, DC: 5304 Dorsett Place NW
Welcome to the epitome of luxury living in the highly coveted neighborhood of Washington, DC. Nestled in the sought-after Palisades neighborhood, this exceptional property at 5304 Dorsett Place NW offers a Modern Craftsman design that exudes elegance and sophistication. With a listing price of $3,100,000, this home is a true masterpiece, crafted by renowned local luminary Michael Joy of Palisades Development and designed by the esteemed Studio Z. Spanning over 6000 square feet across four finished floors, this home boasts a generous layout that is perfect for modern living. From the moment you step inside, you will be captivated by the attention to detail and hand-picked finishes. The open floor plan with soaring ceilings and exquisite millwork creates an air of grandeur, while the integrated sound system and cozy fireplace in the spacious living area add warmth and comfort. One of the highlights of this home is the screened porch, offering a perfect retreat to enjoy the changing seasons. With a fireplace and cozy seating, this space is ideal for relaxation and unwinding. The separate dining area is perfect for creating lasting memories with friends and loved ones. The chef's kitchen is a true centerpiece, adorned with custom Hagerstown Cabinetry, Quartz countertops, and top-of-the-line Thermador appliances. With a butler's pantry, a large island, breakfast bar seating, and an eating area, this kitchen is perfect for gathering and creating cherished memories. The main floor also features a versatile bedroom/office with custom built-ins, allowing for flexibility to adapt to your unique needs. A powder room adds convenience to this level. As you ascend to the upper level, you will discover a private oasis in the primary suite. Complete with two custom walk-in closets and a balcony, this space is perfect for savoring morning coffee or evening sunsets. The primary bath is a sanctuary of luxury, with heated floors and a spa-like experience. Situated with a sitting area, this suite provides a cozy spot to unwind. Two additional en-suite bedrooms on this level ensure that everyone has their personal oasis. Laundry chores are made effortless with a dedicated room on this level. Venture to the top floor, where a loft area invites you to embark on new possibilities. The current children's rock wall and reading loft/storefront are perfect for fostering the imaginations of young ones. A spacious bedroom with an adjoining full bathroom crowns this floor, creating a private sanctuary. The lower level of this home is designed for entertainment and relaxation. Thoughtfully crafted, this level offers an unparalleled space for leisure and versatility. A bedroom suite with an attached bathroom ensures that guests feel pampered and at home. The well-appointed living area is a hub of enjoyment, with a wet bar for effortless entertaining. A versatile den awaits your creative touch, with endless customization options. This home is fully wired with a security system, ensuring peace of mind. The expansive fenced-in backyard is perfect for enchanting dinners alfresco, hosting BBQ gatherings, or simply basking in the gentle evening breeze against the backdrop of lush greenery. The convenience of an elevator-ready design and a rare 2-car garage adds to the ease of access and functionality. Located in the heart of the sought-after Palisades neighborhood, this home offers seamless access to downtown DC, DCA, and Northern Virginia. The Capital Crescent Trail, one of the best biking and walking trails in DC, is just a short walk away. The nearby Palisades Recreation Center and Palisades Park offer a plethora of outdoor activities for all ages. Don't miss the opportunity to experience luxury living at its finest in this remarkable property at 5304 Dorsett Place NW. With its impeccable design, attention to detail, and desirable location, this home is truly a gem in the real estate market. Schedule a viewing today and envision yourself living a life of luxury in the heart of Washington, DC.
Down Payment Assistance Programs in Washington DC - HPAP (Home Purchase Assistance Program)
Welcome to another Coffee with Coleman! I'm John Coleman, a real estate agent with the Jason Martin Group here in Washington, DC. Today, we're going to dive into the Home Purchase Assistance Program (HPAP), a popular program that provides down payment assistance and closing cost assistance to qualified applicants in their pursuit of homeownership. Whether you're a first-time buyer or looking for financial support, HPAP might be the perfect option for you. Let's explore the program, its qualifications, advantages, and potential challenges. What is HPAP? HPAP is a program that offers interest-free loans and closing cost assistance to eligible applicants who want to purchase a house or condo in Washington, DC. The loan amount is determined based on various factors such as income, household size, and the funds you plan to use for the purchase. The program has recently been updated to provide a maximum of $200,000 in gap assistance and an additional $4,000 in closing cost assistance, totaling up to $206,000. Qualifications for HPAP To be eligible for HPAP, you must meet certain requirements, including: First-time Buyer: You must be a first-time homebuyer to qualify for the program. Income Level: You need to be a very low to moderate-income resident based on the program's guidelines. No Ownership Interest: You cannot have any ownership interest in other real estate properties. DC Residence: The home you intend to purchase must be located within Washington, DC. Good Credit Rating: Typically, a credit rating of at least 640 is required, but this may vary depending on your circumstances. How HPAP Works HPAP provides assistance through two components: gap financing and closing cost assistance. The amount of gap financing you're eligible for depends on your household size and income, as indicated in a chart provided by the program. This additional loan amount enables you to afford a more expensive home in the competitive DC housing market. The closing cost assistance, amounting to $4,000, helps cover various expenses associated with the loan and property purchase, making the out-of-pocket costs more manageable. The Application Process and Timeline To benefit from HPAP, you'll need to follow a specific timeline and complete several steps: Application: Start by applying for the program, which can be done through the provided links. Orientation Session: Attend a mandatory two-hour orientation session to gain a comprehensive understanding of the program. Application Submission and Notice of Eligibility (NOE): Submit your application and wait for your Notice of Eligibility (NOE). This step may take some time, so patience is key. Homebuyer Education: Participate in an eight-hour Saturday session to enhance your knowledge about the homebuying process. While this session is valuable, your prior research and guidance from professionals like me can supplement it. Financing Approval: Once you've submitted your NOE and completed the education session, you'll be officially approved for financing. House Hunting: With financing in place, we can start searching for your dream home. Closing Process: Plan for a closing period of approximately 60 days from the acceptance of your offer. However, it's important to note that delays may occur due to the unique nature of HPAP financing. Advantages and Considerations of HPAP HPAP offers significant advantages to first-time homebuyers and those seeking financial assistance, including: Affordability: HPAP allows you to afford a more expensive home by providing additional gap financing. Investment in the Community: The program encourages residents to invest in their communities, promoting homeownership and community stability. Assistance with Closing Costs: The closing cost assistance helps reduce the out-of-pocket expenses associated with purchasing a home. However, it's important to consider the potential challenges when opting for HPAP: Lengthier Process: The HPAP process, from application to closing, tends to be longer compared to traditional financing options. This can be a disadvantage in competitive markets where sellers prefer quicker closings. Extended Timelines: Other aspects of the homebuying process, such as inspections, financing approval, and appraisals, may also take longer with HPAP, potentially causing delays. Potential Funding Issues: In some cases, there have been instances where HPAP funds were depleted, leading to closing delays. Although the financing is ultimately secured, it can cause inconvenience and stress for both buyers and sellers. HPAP presents a valuable opportunity for first-time homebuyers in Washington, DC, offering down payment assistance and closing cost support. While the program has numerous benefits, it's important to consider the potential challenges and the unique timeline it entails. As a real estate agent experienced in working with first-time homebuyers and HPAP, I can guide you through the process and help you make an informed decision. If you're interested in learning more or need assistance, feel free to reach out. Let's explore the options and make the most of these programs to invest in our incredible city.
Categories
Recent Posts