Premier Builder Opportunity or Charming Investment Great Falls, VA

Property Location MAP

650 Walker Rd
Great Falls, VA 22066

Property #: KEY5227

Preview Times


Sat. 10/31 @ 12:00PM - 2:00PM ET
Sun. 11/8 @ 12:00PM - 2:00PM ET

Contact Agent

Jeff Stein
Tranzon Key

703-539-8111 Or 888-621-2110 jstein@tranzon.com
Discover the perfect canvas for your real estate vision at 650 Walker Rd, Great Falls, VA 22066. This exceptional 0.5-acre property seamlessly blends immediate utility with outstanding long-term development potential in one of Northern Virginia's most exclusive enclaves.
 
Whether you are looking to build a custom luxury estate, secure a turnkey rental asset, or simply live in a beautifully updated residence while navigating the permitting process, this property offers unmatched flexibility.
 
The Land & Development Potential
  • Prime 0.5-Acre Lot: A level, usable parcel fenced on three sides and ready for custom engineering.
  • Infrastructure Ready: Skip the heavy lifting with an existing septic system and active public water connection already servicing the site.
  • Enhanced Access: The seller has secured an additional 2,000 sq ft easement for ingress/egress, maximizing your architectural footprint and entry options.
  • Streamlined Building Phase: Generate passive rental income or comfortably occupy the property while your building permits are finalized.
 
The Existing Residence
  • Charming Cape Cod: A structurally sound, 3-level brick home originally constructed in 1950 and meticulously maintained.
  • Turnkey Living Space: Features 3 bedrooms and 1 full bath across 1,296 finished square feet.
  • Premium Interior Updates: Modernized kitchen and bathroom featuring brand-new appliances.
  • Bonus Spaces: Relax in the scenic 3-season porch or utilize the unfinished basement for extensive storage or workshop needs.
 
Unbeatable Location & Lifestyle
  • Top-Tier Schools: Positioned inside the highly coveted Langley High School pyramid (Cooper Middle) and located directly across the street from Great Falls Elementary.
  • Commuter's Dream: Located just 7 miles from the Washington DC Beltway, offering swift access to Downtown DC, Tysons, and major employment hubs.
  • Village Convenience: A short drive brings you to the Great Falls Village Centre for boutique shopping, local dining, a weekly farmers market, and seasonal community events.
  • Natural Splendor: Enjoy world-class recreation with 11 public parks nearby, including Great Falls National Park and Riverbend County Park along the Potomac River.
 
Parcel ID#: 0074 01 0057
2026 Tax Assessment: $773,490
2026 Annual Taxes: $8,922
 
In Cooperation with Suzanne Fields, Coldwell Banker Realty
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

VAAF423

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein

Jeff Stein: Tranzon Key

703-539-8111 jstein@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Minimum auction day deposit of $20,000 in guaranteed funds, with 10% due within 48 hours. All cashier's or certified checks should be made payable to "Tranzon Key."
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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