2403 Ivywood Road

STRATTON WOODS INVESTOR & LUXURY RENO SPECIAL $1M+ ARV POTENTIAL Welcome to an expansive canvas sitting on a premium, flat 0.48-acre lot in one of Reston's most desirable, non-RA neighborhoods. Offering an incredible 3,600+ square feet of above-grade living space plus an estimated 759 square foot unfinished basement, this 6-Bedroom, 3.5-Bathroom property represents a rare, high-margin opportunity for a premium fix-and-flip or an end-user looking to design a customized dream estate with instant equity. THE X-FACTOR: RARE MULTI-GENERATIONAL / INCOME WING. What truly elevates this property above any standard neighborhood comp is its massive main-level expansion. This wing functions seamlessly as a private-access multi-generational suite, an au-pair wing, or a high-yielding rental income unit. Nearby 2BR/1BA units command between $1,900 and $2,750+ per month, presenting an unmatched house-hacking framework for an end-user to heavily subsidize their mortgage, or an investor to secure premium market rents. The layout includes: 2 Spacious Bedrooms & 1 Full Bathroom A fully functional kitchenette Dedicated private living space An incredible adjacent main-level workshop/flex space (perfect for a trade professional, hobbyist, or easily reconfigured into luxury living area during rehab) MAIN & UPPER LEVEL FOOTPRINT: The core of the home features a classic, sprawling layout awaiting your cosmetic and structural updates. The main level hosts a full kitchen, a comfortable family room, a formal living room, a light-filled breakfast nook, and a convenient powder room. The upper level features 4 additional, bedrooms and 2 full bathrooms. Bring your design teamthe wall configurations offer incredible open-concept possibilities. NO MASTER RESTON ASSOCIATION FEES! Enjoy all the world-class perks of the Reston market while completely bypassing the costly Master RA assessments and restrictive design review boards. This property sits in the highly coveted Stratton Woods pocket, featuring a simple, low-fee, neighbor-run HOA (approx. $650/annually). PREMIUM LOCATION & TOP-TIER SCHOOLS: Feeds directly into the prestigious school pyramid of Crossfield Elementary, Hughes Middle, and South Lakes High School. Enjoy rapid access to Reston Town Center, the Silver Line Metro, and major Northern Virginia commuter corridors. CONVEYANCE & TERMS: Property is being sold strictly AS-IS. Owner is a licensed VA Real Estate Agent.