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Wednesday, January 7, 2009

Canal Vista Court - Rivers Edge - $1,799,000


Listed by Maryland Home Realty

The name Canal Vista says it all. This 20 year old custom home has a birds eye view of the canal and Potomac River.

A few months ago I reviewed another home on Canal Vista Court. I like the community, and this court within the River Edge community has great charm. The homes here are in the $1.5mm to $2.5mm range and all sit on lots of at least one acre.

This home is at the end of a private driveway just before the end of Canal Vista Court. The 6 homes on this private drive are all custom homes and very well maintained. The homes are all perched at the most advantageous point on the lot to get the most out of the river and canal views. The lot for this property is anything but flat. In any other review I would list this as a disadvantage. In this case the home was engineered to get the most out of the lot providing spectacular views and innovative design.

The home is all brick and seems somewhat traditional from the exterior. The garage is two stories and is connected by an exterior "breezeway". A three car garage fills the lower half of the structure and the upper floor has a guest suite providing complete privacy for those that visit. The connection between the two structures is covered to allow you to go back and forth out of the weather and was a very nice touch from a design standpoint.

The main house is more modern then traditional. The expansive open space in the foyer and main level provide drama and will thrill those that like contemporary design. While the home shows beautifully, the potential for someone with design skills is tremendous. I can envision this space in a House Beautiful layout with the proper paint and furnishing.

Windows and light are the real story in this home. Everywhere you turn is a vista to the outside. The dramatic staircase in the main foyer to the upper level is a focal point on entry. You turn right to see a step down living room and fireplace with soaring ceilings. A large dining area is in the center of the home with the kitchen and family room in the rear to take advantage of the views from the back of the home. The kitchen is not huge, but more then adequate. For a 20 year old home the space has aged well and would not need any work.

The upper level has 2 modest bedrooms and a stunning master suite. The bedrooms are small compared with other homes in this price range, but space was cut in these 2 bedrooms to allocate more space where it counted; the master suite. The master bedroom is more like an eagle perch providing fabulous views of the trees and canal. The master bath has large windows and a "step up" platform to an open shower stall which would have to feel like you are showering "au-natural". What a nice touch!

The basement has very high ceilings providing drama to the space. Lots of light on the back end of the basement make you feel like you are above ground. A nanny or housekeeper suite in the corner of the basement has views that would make other Nannies jealous. Additional rooms in the back of the basement space provide a home for exercise equipment and another for a wine cellar if the new owner has a need. There is no lack of space in this home.

This home started on the market six months ago at $1.95mm. At the current price of $1.79 it is still priced a bit high. Someone with the right personality that sees this home may be happy to snap it up at this price. With the market in a funk and Jumbo mortgages still expensive (7.125%), it is going to limit the borrowers able to purchase in this range. I would advise a power wash and a good interior cleaning to make this gem shine. Anyone looking for views should be sure to put this home on their short list.

There is a great virtual tour of this property that can be reached via the following link: http://www.mouseonhouse.com/property/196/6250 .

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