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Saturday, November 8, 2008

SOLD - 10209 Riverwood Drive - Alvermar Woods - $2,324,000

SOLD for $2,000,000 on 12-13


When you walk through homes for a living, it is rewarding to every once in a while find one to fall in love with. Although this home is WAY too big for me and my family, I am secretly hoping a best friend or family member buys it, so I can visit once in a while. It is that nice.

This street is tucked away about a mile from the Village just off River Road. The street is narrow and tree covered, you almost feel as though you are on a private road. Towards the end of the street, the tree canopy opens, and you find a handful of very beautiful homes. Most are about three years old, and all custom designs. The subject home is striking. The garage area is offset at an angle from the main home and really is makes a good impression. Landscaping is beautiful, and from what I can see deer proof, which would be important in this setting.

The interior is painted beautifully. The darker walls offset the bright white trim on Crown mouldings and coffered ceilings. Design is open with a floating stair in the center of the beautiful foyer. I can see the parties in this home being fabulous. What a floor plan for circulation and entertaining! There are floor to ceiling windows in both the family room and kitchen. With the high elevation and walk-out basement, the vista from these rooms is wonderful. If you can afford this home, be prepared to keep a window washing firm on retainer. It may be expensive, but very worthwhile.

With 6 bedrooms and 6 full baths this home has room for everyone. 3 half baths round out the home, with 2 half baths strategically located on the main level.

There are two possible locations to house an au pair or in laws. First one is in the wing above the garage. Second is in the basement. Both locations are out of the way, and would offer plenty of privacy.

This home started on the market at $2.9 million dollars. It has been reduced to $2,324,000 and is worth every penny. The difficulty at this price point is not someone being able to afford this home, it is finding acceptable financing. Most lenders want at least 40% down at this level. That is a lot of cash and can really cull the group that may make an offer.

I saw a whole lot of traffic at the open house this weekend. All of the folks that came through seemed to love the home as I did. Unfortunately for the seller, this is definitely a buyers market. Because of this, I feel this home will sell at $2,100,000 when it finally closes. Hopefully the Relocation company takes the hit, and not the sellers. I am sure they were broken hearted when they had to leave this beauty in Potomac.

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