8701 Belmart Road - Great Falls Estates - $1,499,000

Listed by WFP

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They say that value in real estate is often defined by Location, Location and Location. This home is located at the end of a beautiful street in one of the more desirable close in communities in the D.C. area.

Located on 2.35 acres, this colonial in Great Falls Estates is currently the least expensive home on the market in this beautiful community.

This home is not very large compared to others in Great Falls Estates. It has 4 bedrooms and 2.5 baths. The home has nice scale. The rooms are all good size but not overdone. The decor and finish in this home is also lovely. In the school of "less is more", this home is uncluttered and shows nicely.

There is hardwood in the foyer and throughout the home. The public rooms are good sized with good natural light. The kitchen is nicely remodeled with rich cream colored cabinets and granite counters. The kitchen and breakfast area look out onto a brick patio and pool with lots of woods as a backdrop. I am sure this is favorite hang out for the deer and fox that I often see in the community.

Upstairs the rooms are adult sized. The baths have been redone (Except for the tubs) and show well. The master bedroom are also nicely sized. Not too big, not too small, just right.

The basement in this home has been partially excavated and finished. The tile looks new, and the room would make a great recreation room or playroom for the kids.

This is a small home for Great Falls Estates. The lot though, is gorgeous. Although priced too high for a knock down, I am sure that many folks have eyed this lot for a much larger home. The amount of upgrading and construction in this community is astounding. It is because people love the community and want to live here.

This home has been on and off the market for the past year. I believe it started at $1.799mm in June of 2008. This modest colonial will get more interest at the new price, but will have to come down a bit more. This should end up selling around $1.35 to $1.4mm. The lot alone may be worth that for someone with a dream home on the horizon.