Category Archives: Real Estate

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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What’s Hot in 2017: YIMBY!

Confused? Well, full confession – I wasn’t particularly familiar with this concept but basically it means:
“Yes in my back yard!” and is a movement about sustainability of energy, housing, technology, infill construction and the like. It is seen as a contrast to “NIMBY” – which stands for “Not in My Backyard.”

Someone I was discussing the Purple line with recently noted that it has seen a fight between these two groups and that they saw 2017 as a year when the YIMBY movement would go mainstream.

So what would that mean for Bethesda? Well, we have no shortage of infill construction but I would hope that developers would be pushed to increase energy efficiency, sustainability etc. as part of the YIMBY effort.

What do you think? Do you agree with the YIMBY concept? Is the Purple line a NIMBY v YIMBY fight or is that too symplistic.

As ever — email thoughts to raj@rajabout.com and we will publish the most interesting!

Tough Temple Cross Fit Has Moved – Is Senior Home a Step Closer?

The Tough Temple Cross fit has moved locations and has a sign out front for Fedex/UPS deliveries. Curious to know whether the assisting living facility slated for that space is now a step closer to breaking ground. Of course the dance studio is still there but evidence does suggest we are inching closer to a redevelopment project for Rugby Avenue.  It seems that Bethesda Urban Living for seniors is on the horizon!

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Marriott Downtown Bethesda Continued

Just a follow up to last weeks post – here are a few more details on the Marriott downtown Bethesda HQ move – taken from Marriott directly via this link. What do you think? Good move for the Bethesda Urban downtown area?

What will be built? When will it open?
The new $600 million Marriott headquarters envisions a state-of-the-art campus with an approximately 700,000-square-foot office building, a 230+ room Marriott hotel and a pedestrian plaza connecting the two buildings that will also be open as a public connection between Wisconsin and Woodmont avenues. Under current plans, the office building and hotel would open in 2022.


Tell me more about the hotel
It will be a flagship Marriott hotel with over 8,000 square-feet of flexible meeting and ballroom space for meetings, conferences, banquets and events. The hotel will also offer exceptional dining and social amenities including a ground-floor restaurant offering outdoor dining on the pedestrian plaza, a specialty coffee shop and a seasonal rooftop dining terrace.


How tall will the buildings be?
As currently envisioned, the office building is proposed for 22-stories. The hotel is proposed for 12 stories.

 

The Whitehall Condos Bethesda

Hi friends,

As I have mentioned previously, I am going to post periodically about the downtown Bethesda condominium/ real estate market.  In that spirit, I just wanted to take a moment to chat about the Whitehall condominium building on Battery lane. 

It is a building I know well but I popped by earlier in the week to look at a few units that are on the market and wanted to share my updated thoughts.

  1. The value in the Whitehall is still based in the terrific size of the units.  It is an older building in an area that seems to have a new condo building popping up at every turn, but this ensures that the price per sq foot and the overall size remain as its big plus points.
  2. The facilities are decent at the Whitehall – the 24 hour front desk, copious parking, a meeting room, pool and a gym are useful benefits.
  3. The condo fee is on the higher side but that should not be a deal breaker – you get a lot for your money and there are some extenuating circumstances (happy to discuss offline).
  4. There are tangible variations between the prices and types of unit currently on the market. Some are worth serious condition for buyers currently in the market.

As ever, I am happy to discuss the Whitehall/ other Bethesda condos or real estate matters with you one on one. I can be reached at raj@rajabout.com or (240)486-3921.

Cheers!