Property Overview
This property at 1659 Chancellor Drive in Waverley Heights stands out for its substantial scale and modern build within an established neighborhood. Its key appeal lies in offering significantly more space—both indoors and out—than nearly all comparable homes nearby, wrapped in the low-maintenance advantages of a contemporary construction.
Key Characteristics & Ideal Buyer
The home’s defining characteristic is its generous size. With 2,185 sqft of living space, it ranks in the top 2% of its immediate street and neighborhood, offering nearly double the average footprint found on Chancellor Drive. This is complemented by an expansive 11,228 sqft lot, placing it in the top 1% on the street for land area. Furthermore, its 2015 build date makes it a notably newer home in an area where the average house was built in the late 1970s. The assessed value of approximately $583,000 reflects this premium positioning, ranking in the top 3% locally.
The appeal here is for the buyer seeking a "best of both worlds" scenario: the spaciousness and larger lot typically associated with older properties, but without the aging infrastructure and potential renovation projects. It suits growing families who need ample room but prioritize modern efficiencies, or professionals looking for a move-in-ready home with space to work and relax. A less obvious advantage is the potential for lower immediate upkeep costs due to the newer construction, despite the larger property size. It’s a home for those who value space and modernity over the character of an older home, within a well-regarded community.
Frequently Asked Questions
1. How does the 2015 build date impact living here?
Beyond just being modern, it likely means newer major systems (roof, HVAC, windows), contemporary insulation standards for energy efficiency, and layouts that suit modern living. It significantly reduces the risk of near-term, costly repairs common with older homes.
2. The lot is large, but what is it like?
At over 11,000 sqft, the lot is a major feature. It offers extensive outdoor space for gardening, recreation, or future additions like a deck or patio. It’s worth considering how much of the yard is usable versus sloped or treed, and what the maintenance commitment will be.
3. Why is the assessed value so much higher than the area average?
The assessment reflects the combination of a much newer home, significantly above-average living space, and a much larger lot size compared to neighbors. It’s a premium property within the area, which will be reflected in both its market value and property taxes.
4. Is the interior layout typical of a modern home?
While the data confirms the generous square footage, a 2015 build suggests a floor plan with open-concept living areas, larger room sizes, and potentially more bathrooms and closet space than older homes in the neighborhood. Viewing the home will clarify the specific flow and room distribution.
5. What does ranking in the "top 2%" for space actually mean for daily life?
Practically, it means more flexibility: potential for dedicated home offices, larger bedrooms, more storage, and less feeling of being cramped. It indicates this home offers a sense of volume and room to grow that is rare in its immediate surroundings.