13509 Maidstone Lane - Rivers Edge - $1,050,000

Listed by Long and Foster

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Rivers Edge is a lovely community of custom homes about 5 miles out River Road from the Village. On mostly 2 acre lots, the homes are mostly upscale and built in the mid-1980's.

This home is one level rambler with a circular driveway. The landscaping is elaborate - though could use some TLC. At one point in time this was a showplace. It won an award for landscape design in 1996. There is a small greenhouse built behind the garage ready for someone with a green thumb to reclaim.

The slate walk brings you up to a slate porch and the front door. You enter into a large grand foyer that is large enough to host a cocktail party. Though the tile there is a bit dated, this is still great space. A huge living room on the right side of the foyer is more space for the party to flow. With embassy sized rooms, this home immediately appealed to my entertainment genes.

The dining room is on the right side, and is large, but modest compared to the foyer and living room. The kitchen is very nicely designed, but needs an upgrade. With original appliances and old counters it is a perfect candidate for a redo. The family room is lovely with a full stone wall fireplace and wet bar. Great spot for cognac and conversation after dinner.

The living quarters is in the right wing of the home. The master is large and bright with windows all along the back of the home. The bath is nice with a sunken tub and separate shower. Although dated, this room held up well. There is a small bedroom currently used as an office, and another large bedroom with nice sized hall bath.

The basement is accessed from an open stairwell in the foyer. You open the door to a enormous room that is fully carpeted with daylight access to the back yard. There is an office here, a bedroom with full bath and plenty of storage. Loads of potential for the next owners.

The back yard is beautiful. There is a pool and small pool house in the backyard. It is fenced and nicely landscaped. The lot continues beyond the pool fence to the full two acres. This is a nice piece of property. A large deck, and hardscaping surround the pool area with multiple access points to the home. A screened porch with vintage astro turf carpeted floors is the only glaring design faux pas. Otherwise the home is decorated with class, and easily updated. There is some wallpaper in a few rooms that will need to be removed, but what potential!

This home is listed for $1,050,000 which is the cheapest in the neighborhood. Part of an estate, this home may be a bargain for someone with vision and a few extra dollars after settlement. The landscape was once glorious. Someone with a green thumb can easily bring this landscape back to its past glory. This will easily add $100k in instant equity. This home was listed earlier in the year at $1,195,000. This price was no bargain. The new price of $1,050,000 is fair, and a deal for the right buyer. I see this one settling at around $1mm within 60 days.