Category Archives: Real Estate

Development in Old Bethesda Moving Quickly: National Daycare Next?

Just heard from some friends that there is a chance that a national daycare may well be opening a branch in “Old” Bethesda —- specifically at the location across from Battery Park. Will try to contact the agents for the building to find out more!

The Park:

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The Building:DSC00022

Trader Joes Moving to Old Bethesda?

Heard on the grapevine that Trader Joes are considering a move to “Old” Bethesda – specifically looking at the space being developed across from Triangle Towers and the Gallery. If so, it would be a really smart move for them to make — all of the new buildings and the surrounding area would provide a strong customer base. It is also true that the current location is putting off some customers due to the challenges of accessing the store/ parking lot.

Future TJ’s Site in the Snow?:

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Condo Update: Stonehall

This new Condo building is fast springing to life on the corner of Battery Lane and Woodmont Avenue, across from the new(ish) Harris Teeter.

When it is complete, the 9 story building will house 46 total residential units. The prices seem to have adjusted a tad and now range from the $600s to about $2.3 million. The really interesting aspect of this development for me is that on the Western side of the building, many residents will have some wonderful views of the NIH campus (or so it seems at this time).

The plan for the ground level is retail space and I suspect an interesting restaurant will fill that spot quite quickly.

Harris Teeter will of course be happy to have more potential customers literally across the street.

I have a few more details on this building to share with those who are interested. And, as ever, if I can assist you with this or any other real estate matter drop me an email at raj@rajabout.com or call (240)486-3921

Rentals: Bethesda Urban Living – 7770 Norfolk

This rental building is one that I have a slightly heavy heart over. It was originally supposed to be a condo project and I had a couple of clients who were very interested in living there. Unfortunately, the developers/ owners decided to move in a different direction and opened the building as an apartment/ rental community.

It is a 17 story building comprised of 244 units next door to the Starbucks at Woodmont/ Veterans Triangle. Options range from studios to 3 bedroom units and there are some wonderful amenities including a fitness center and a terrific roof top pool. The new restaurant Community is below the residential units and Bethesda trolley stops adjacent to it.

While prices are on the higher side (small studios from approx $1800 to almost $7k for 3 bedroom units last time I checked), the quality of the product is very impressive.

As ever, am happy to discuss this or any other real estate matter one on one (my email is raj@rajabout.com and cell (240)486-3921

PS The picture is of the “walk-by” window at Community so you can grab coffee and donuts to go!

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Rentals: Bethesda Urban Living

A few of our readers have asked that we share some information/ thoughts and opinions on the Bethesda rental scene.  SO, we are going to write an occasional post on the different rental options/ buildings in our area. Of course, if anyone wants to have a more detailed discussion, they can reach me directly at raj@rajabout.com or (240)486-3921.

 

Condo Update: The Lauren

This condo project is really a class apart from many other regional offerings. I popped by recently to take a close look at the new model unit and some of the buildings high end features.  The building has residents already moved in but several units are still available for purchase.

A few of the key details are as follows:

1. A 35 unit, 8 story luxury building

2. Incredible features throughout the building from the condo units to the common areas

3. High end touches include a community lounge with private wine lockers for the residents

4. Condos range from 1-3 bedrooms at the penthouse (7300 approx sq feet of inside and outside space) is still fully available and listed a bit above $10 million

As ever, I am happy to discuss the Lauren, other Bethesda condos or any other real estate matter one on one. I can be reached by email (raj@rajabout.com) and cell (240)486 3921.


Pic: The Lauren
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Condo Update: Cheval Bethesda

Hi friends,

Just an update on the Cheval Condo building in Bethesda. I popped by the site earlier in the week and it seems that work is moving at a steady pace. Their delivery date is still looking like early 2018. As a reminder, a few key aspects of the building are as follows:

1. It will be a 17 story building with 71 units

2. One, two and three bedroom units will be available (the three bedroom units really will be a hot item I would imagine)

3. Prices range from $700s to $3million + and square footage tops out at just over 2700 for the largest units

4. Garage parking and a host of amenities will be offered

If you are interested in the Cheval, the Bethesda condo market or have any other real estate needs/questions, please get in touch — my email is raj@rajabout.com and phone is 240 486 3921

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Bethesda (as part of Washington, DC Metro area) Ranked 4th Best Place to Live

The Washington, DC Metro area (which of course includes Bethesda) was just ranked the 4th best place in the US to live by U.S. News and World Report. As a resident that probably feels about right – if we had a beach we would be number 1!

What is also worth considering is that we are also among the very top places in the country to invest in real estate.

So in combination – you can buy a property in a place where you should enjoy living and if you move, you will very likely have a good investment.

Take a look at the rest of the article (some useful bits in it including the important point that experiences [and I believe investment return] will be neighborhood dependent).

Happy to discuss real estate data, local markets etc. any time — email me at raj@rajabout.com or call (240)486-3921

Picture of the Day: Where in Bethesda is this high end feature?

Answers via email to raj@rajabout.com

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Picture of the Day: Where is This?

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