PRICE ADJUSTMENT!  This is your opportunity to live in one of the largest - and most exceptional - homes in Lyon Village, Arlington.   Lyon Village is a Norman Rockwell-like neighborhood  - where folks know each other - & it is just minutes from Washington, D.C.   This 6-bedroom, 4.5-bathroom center-hall colonial - with classic arched entryways - has a gorgeous, level, 1/4-acre lot that wraps around the home.  This unique home is unmatched in house and lot size, quality of construction, and features in this area of Arlington.  The home has undergone two separate periods of renovation and additions in the past 25 years.  Once you enter, it is easy to see why the current owners welcomed hundreds into their home and became the center of so much social activity over the past four decades.    A completely enclosed - and stunning - Florida Room is a focal point in this home.  With its newer floor-to-ceiling windows, this could be your go-to cozy Family Room, Reading Room, or Music and Nature Conservatory.   While 2005 North Hancock has a traditional layout, each Floor has unique/newer features: Particularly massive bedrooms for Arlington;  Balconies off of bedrooms for reading, tea-time, or sunning;  A separate Wine Cellar for 350 bottles;  An electric car charging station;  Original mantels in the older part of the home;  Solid cherry mantel and marble fireplace in the Primary Bedroom;  Timeless solid oak hardwood flooring throughout;  Original plaster cast moldings;  One wood and two gas fireplaces;  A lawn sprinkler system; Custom shades throughout; Numerous built-in shelves and cabinets - even in the Primary closet;  New light fixtures; A gigantic 2nd Floor fully-equipped Laundry Room is sure to please any owner.  On the Main Level, the kitchen has brand new (Dec. 2022)  Stainless Steel Fisher & Paykel and GE Profile appliances (Double Oven, Refrigerator, & Dishwasher) and all the space you need to entertain.  The delightful Family Room looks out over the expansive rear lawn - - and the graceful Formal Dining Room sets the perfect tone for your soirees.  Conveniently located in the social area is a Powder Room.   The 2nd Floor has an enormous Primary Bedroom Suite, with an overly generous walk-in closet with custom built-ins.  The immense bathroom is equipped with a Steam Shower & jacuzzi. Three additional ample bedrooms and 2 more bathrooms complete this Floor.  (All original bathrooms were gutted and replaced during renovations.) .  All stone in the bathrooms is either marble or granite.   The 3rd Floor Loft has two more bedrooms and a bathroom, but the options are endless. This Floor could be used for older children, a Guest Room area, an In-Law or Nanny Suite, or a Children's Study/Reading area. The Basement is partially finished and houses the Wine Cellar.  The remaining area is currently used as a storage & exercise area.  It could be readily finished as a Rec Room or Gym.  The one-quarter-acre grounds are lovely and covered with trees that have been cared for by a tree Service for the past 20 years.   The Owners installed new windows about 8 years ago and completely replaced the outside of the house in 2010 with Hardiplank.  The chimney had extensive work completed in 2022.   It will never need any further work! This magnificent updated home is both inviting and full of old-fashion character.