tomo logo

$5,500,000

Beds
6
Baths
7.0
sq ft
7,143

1305 Merchant Ln, Mc Lean, VA 22101

1305 Merchant Ln

MCLEAN, VA 22101

  • 2 days on market
Welcome to 1305 Merchant Lane, a breathtaking new construction home in McLean’s coveted Potomac Hills neighborhood. Nestled on a rare, private 1-acre lot backing to Potomac Hills Park, this estate offers over 3/4 of an acre of usable yard, including 1,320 sq. ft. of exterior living space and a flat 1/4-acre front yard—a perfect blend of luxury, space, and privacy, all just one stoplight from Washington, D.C. This 6-bedroom, 6 full-bathroom, and 2 half-bathroom home is thoughtfully designed with high-end selections and sophisticated finishes. Ideal for modern living, it boasts two spacious main-level offices, making it a dream for remote professionals or couples who work from home. The chef’s kitchen is an entertainer’s delight, featuring top-tier Wolf, Sub-Zero, and Bosch appliances, custom cabinetry, and an expansive island. It seamlessly flows into the light-filled family room with a cozy fireplace. Designed for year-round indoor-outdoor living, the home includes a screened-in porch with a grand fireplace and an attached terrace, perfect for entertaining or unwinding in complete privacy. The luxurious primary suite is a private retreat, featuring a spa-like bath with dual vanities, a soaking tub, a glass-enclosed shower, and a custom walk-in closet. Each additional bedroom is generously sized, complete with designer ensuite baths. The fully finished lower level is built for entertainment, offering a theater room, an exercise room, a stylish recreation space, and a full bar—ideal for hosting guests or enjoying a night in. Tucked away on a secluded lane, yet moments from top-rated schools, premier shopping, dining, and major commuter routes, this architectural masterpiece is move-in ready before the school year begins. Don’t miss the opportunity to own a one-of-a-kind luxury estate in McLean!

Details

Property type

Single Family Residence

Est. home value

$1,620,397

Property condition

New Construction

Lot size

1.0 acres

Price per sq ft

$770

Year built

2025

Annual property taxes

$16,110

HOA

No

Price History

04/02/2025
Bright

Bright #VAFX2223030

Listed
$5,500,000
+292.86%
04/10/2023
Bright

Bright #VAFX2113516

Sold
$1,400,000

Schools & Community

Elementary school: 

SHERMAN

Middle school: 

WILLIAMSBURG

High school: 

MCLEAN

School district: 

FAIRFAX COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,010,775
Asking price
$5,500,000
Closing costs (~8% of asking)
-$440,000
Est. remaining loan balance
-$49,225
Cash to seller
$5,010,775

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

George Mason Mortgage Llc

Loan start date

January 2013

Original loan amount

$223,000

Est. remaining balance

$49,225

Interest rate

2.67%

Loan type

New Conventional, 15 year

Seller

Pauline Watona

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 5:00 AM

Listing updated: 04/02/2025 at 10:06 PM

Listed by: Keri K Shull, EXP Realty, LLC Phone #: (571) 398-5989

MLS: Bright #VAFX2223030

Bright logo

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