This exceptional custom residence offers the rare combination of timeless elegance, expansive living, and everyday convenience—just moments from Tysons, Reston, major commuter routes, and the area’s premier shopping, dining, business hubs and schools. Nestled on a beautifully landscaped, tree-framed 5 acre property, and set back down a long driveway off of Springvale Road, this property has the privacy and serenity Great Falls buyers seek, paired with the accessibility that today's luxury lifestyle demands. A stately exterior, circular drive and striking architectural presence create an unforgettable first impression. Inside, a dramatic two-story foyer with sweeping staircase introduces sophisticated interiors designed for both grand entertaining and comfortable daily living. 10’ ceilings, gracious formal living and dining rooms, a handsome private office, elegant millwork, hardwood flooring, 2 powder rooms, and beautifully proportioned spaces define the main level. At the heart of the home, the expansive chef’s kitchen is designed to impress—with a substantial center island with prep sink, Sub-Zero French door refrigerator, 48-inch professional-grade double oven gas range and hood, abundant cabinetry, butler’s pantry, walk-in pantry, and seamless connection to the sunlit breakfast area and spectacular great room. Here, soaring windows, built-in bookshelves, and a striking stone gas fireplace create a warm yet dramatic gathering space overlooking the lush backyard. The newly added screened porch is a true extension of the home—offering peaceful, elevated outdoor living surrounded by mature greenery. Upstairs, four generously sized bedrooms include a luxurious primary suite featuring a spa-like bath, steam shower and 2 oversized walk-in closets. Each of the other 3 spacious bedrooms have their own recently renovated full bathrooms and share an upstairs sitting area and back staircase. Your clothes get first class treatment with a cedar closet, and an upper level deluxe laundry room, thoughtfully designed with folding space, shelving, and exceptional functionality. The walk-out lower level offers remarkable flexibility with 9’ ceilings, a large recreation room with LVP flooring, workout space, guest bedroom, renovated full bath, and two cavernous insulated storage rooms. A sauna and beverage fridge convey. This level is ideal for multigenerational living, guests, casual entertaining, and off-season storage. 4 attached garage bays were insulated and heated in 2022 with new garage doors. The attached garages all open into a rear mud room. With two powder rooms on the main level, abundant storage, and dozens of closets, this home has an ideal floor plan that effortlessly balances elegance with livability. The refined finishes and updates make this a rare Great Falls offering for buyers who desire luxury, privacy, and proximity without compromise. Langley high school, Cooper Middle school and Colvin Run elementary school. Roof 2020, 6” gutters 2020, 3 zones of HVAC: 2024, 2018 and heat pump 2024. Insulated garages, garage doors and garage heater 2022. Whole house generator 2021, screened porch 2020, blinds and shutters 2022, laundry room 2020. All upper bathrooms except primary were renovated in 2020. 10’ ceilings, hardwood floors on main level.
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.
