Discover the epitome of luxury living in this stunning, fully remodeled home nestled on a private 1.11-acre cul-de-sac lot surrounded by serene nature. With no HOA, this exceptional property offers unparalleled privacy and freedom in a small enclave of fine homes. This incredible Home has been completely transformed with high-end finishes and luxurious touches throughout, including hand-scraped hardwood floors on the main and upper levels, Viking appliances in the Gourmet Kitchen, beautifully remodeled bathrooms and elegant custom millwork throughout including glass transoms framing the dramatic two-story Foyer and curved staircase. The grand porcelain 2 story Foyer sets an elegant tone, leading to an open and stylish main level perfect for entertaining. There are large flowing spaces and dual floor-to-ceiling glass doors in the Dining Room and Kitchen open to a newly remodeled 42 Ft wide maintenance-free deck overlooking the expansive private backyard backing to woods. The bright formal Living Room boasts a custom fireplace with insert, while the luxurious formal Dining Room shines with custom moldings and an exquisite 18-light chandelier. The divine Gourmet Kitchen is a dream come true, equipped with Viking stainless steel appliances, polished marble counters, a custom backsplash, lighted glass-faced cabinets, an enormous center island, Restoration Hardware pendant lights, and spacious Breakfast Area. Flow seamlessly to the dramatic light-filled Great Room with soaring cathedral ceilings, oversized windows, and a breathtaking floor-to-ceiling stone fireplace with Bluestone hearth. Additionally, there is a main level Office with a built-in bookcase, remodeled Powder Room with leather-look porcelain floors, and a versatile Mud Room with front-load semi-commercial Maytag washer/dryer and laundry chute. Upstairs, the spacious Owner’s Suite is a true retreat with an Awe-inspiring walk-in closet with custom built-ins and incredible Luxury Bath featuring 24 x 24 ceramic tile, a floating double vanity with quartz counters, freestanding tub, and oversized frameless glass shower with rain shower head, and river stone accents. Two additional generous bedrooms share a beautifully remodeled Jack-and-Jill bath with real stone mosaic accents, marble counters, and stylish hinged glass shower door. In addition, the private Princess Suite features tall cathedral ceilings and includes its own private updated bath. The bright, fully finished basement offers premium Shaw carpeting, full-sized windows, and walk-out access to the private backyard. Enjoy the large Rec Room, Game Room, two storage rooms, & recently remodeled full bath with slate-look tile and pebble-floor glass shower. Plus explore the exciting Movie Theater complete with BenQ projector, 9 Ft movie screen, surround sound, in-ceiling speakers, and reclining electric seats. The most recent upgrades include a newer American Standard Gold dual-fuel HVAC System, two new fireplace flue liners, Amish-built 250 sq ft shed, Bluestone front stoop, ProVia fiberglass front door with Low-E side-lites and ellipse transom, new maintenance -free decking, and professional landscaping featuring fragrant Dwarf Magnolias, Conifer evergreens, Hydrangeas, and Spilled Wine Weigela bushes. Additional Features include dual-zone HVAC with whole-house humidifier and dehumidifier, front door camera, exterior lighting, brick lead walkway, extensive network wiring, and oversized garage with a custom workbench and shelving system, two door openers, and two electric car chargers. Delight in the robust and satisfying Oakton lifestyle with its nearby parks, recreation spaces, and nature trails. Enjoy concerts at Wolf Trap, shopping and dining in downtown Vienna and Reston Town Center, and easy access to the Vienna Metro, Dulles Airport, Dulles Toll Rd, and other important commuter routes. There is an existing assumable VA mortgage at 2.25% for Veterans only- contact the Listing Agent for details.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
