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$1,250,000

Beds
4
Baths
3.5
sq ft
3,506

1323 Fernway Rd NW, Washington, DC 20012

1323 Fernway Rd NW

WASHINGTON, DC 20012

  • 29 days on market
Surprisingly Spacious Home Near Metro & Rock Creek Park! Welcome to 1323 Fernway Rd NW—an elegant and expansive residence in the heart of Shepherd Park, a neighborhood rich in history and named after former Governor Alexander Robey Shepherd. This unexpectedly large home offers refined living, exceptional space, and an unparalleled location. Nestled just minutes from the Metro, top-rated schools, and Rock Creek Park, it seamlessly blends urban convenience with a serene residential setting. Step inside to discover a home where sophistication meets comfort. The main level boasts three generously sized bedrooms and two and a half luxurious baths, complemented by gracious living spaces designed for effortless entertaining. Sun-drenched interiors, expansive windows, and a thoughtfully designed layout enhance the home’s airy ambiance. The kitchen, adorned with Porcelanosa tile, offers ample storage and prep space, making it a dream for both everyday cooking and culinary enthusiasts. Every detail—from the elegant finishes to the seamless flow between spaces—reflects timeless style and modern convenience. The lower level unveils the true scale of this remarkable home. Featuring a cozy brick fireplace, Porcelanosa laminate flooring, and multiple flexible living areas, this level is perfect for entertaining, a media retreat, or a home office. A bonus room adds versatility, ideal for a bedroom, gym, or studio, while the renovated full bathroom enhances convenience. A private entrance and ample storage further elevate the functionality of this level, making it an ideal guest suite or additional living quarters. Ascend to the spacious attic/family room, a unique and versatile bonus space that can easily transform into a lavish primary suite, a sophisticated home office, or a creative retreat. With minimal effort, this space could become a true showpiece, complete with a luxurious en-suite bath. Beyond its impressive design and thoughtful features, this home is ideally located in a vibrant and well-connected community with mature tree-lined streets. Enjoy quick Metro access, local hotspots like Whole Foods, Starbucks, and the dynamic Walter Reed Development, and a diverse array of dining and entertainment options. The historic charm of Takoma Park and the energy of downtown Silver Spring are both within walking distance. Outdoor lovers will appreciate proximity to Rock Creek Park's scenic Holly Trail, while families benefit from renowned schools such as Shepherd Elementary, Alice Deal Middle School, and Jackson-Reed High School. 1323 Fernway Rd NW is more than just a home—it’s a gateway to an exceptional lifestyle defined by luxury, history, and community. Schedule your private tour today and experience it for yourself!

Details

Property type

Single Family Residence

Est. home value

$1,086,083

Lot size

6,519 sq ft

Price per sq ft

$357

Year built

1953

Annual property taxes

$7,178

HOA

No

Price History

03/06/2025
Bright

Bright #DCDC2188100

Listed
$1,250,000

Schools & Community

Neighborhood: 

Shepherd Park

Elementary school: 

SHEPHERD

Middle school: 

DEAL JUNIOR HIGH SCHOOL

High school: 

JACKSON-REED

School district: 

DISTRICT OF COLUMBIA 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

$861,294
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$288,706
Cash to seller
$861,294

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

Seller’s Loan History

Lender

Cmg Financial

Loan start date

December 2021

Original loan amount

$310,000

Est. remaining balance

$288,706

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Pamela Vaughn-Cooke Mcrae Revocable Trus and Pamela Vaughn-Cooke-Mcrae

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 6:20 PM

Listing updated: 03/13/2025 at 11:44 AM

Listed by: Mynor R Herrera, Keller Williams Capital Properties Phone #: (240) 383-1350

MLS: Bright #DCDC2188100

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