10313 Logan Drive - Heritage Farm - $995,000

10313 Logan Drive - Heritage Farm
Listed by Long and Foster

There are still people out there that are crying the blues that the real estate market is in bad shape.  The lack of inventory in the Potomac market is providing a strong indicator that the market may be on it's way back to normal.

Heritage Farm is one of my favorite neighborhoods in all of Potomac - without regard to price.  It is located within a short walk of Potomac Village - has GREAT schools - and is an easy commute to the Beltway.  Built in the early 1970's - the neighborhood is a mix of original homes and those that have been updated.

This brick colonial on Logan Drive is lovely.  It has been updated by the current owners - and a significant addition has been added to the rear of the home to enlarge the kitchen and family room.

The home is set up on a knoll - and seems nicely maintained on the exterior.  A slate walk brings you to the main entry and into a hardwood foyer.  To your left is a step down office which is typical for this model.  To your right is a large living room with large windows that allow in plenty of light.  The dining room is adjacent.  It is decent size and has a convenient entry to the kitchen area.

The kitchen has been completely redone.  Stainless and granite - with good quality cabinets and thoughtful lighting.  The extension increases the size of the room dramatically.  A large space for a family size breakfast table opens into a large family room with masonry fireplace.  Wide open - this will appeal to those that entertain and those that have kids.  You would never be more than a few steps away from your guests or little ones.  A laundry room is just off the family room - isolated from the public space - and en-route to the 2 car garage.

The upstairs has also been updated.  The master bedroom is a step down and features 2 full baths.  One is more elaborate than the other - but certainly will work well for those that fight over bathroom space in homes of this size.  Another 3 teen size bedrooms are on the right side of the home and the hall bath serving them has been nicely updated.  Overall - lovely space for sleeping upstairs and lovely space for living downstairs.

The basement is a "Half" basement. - crawl space under part of the home and finished nicely on the other side.  There is plenty of room for storage - a full bath - and place for a kitchenette should you need a live in nanny.  The space feels good - and has been well thought out.

The downsides?  Not much to complain about in this home.  The backyard is fully fenced - but the bump out  of the living area limits the usable space.  A decent size lot - but there is an uphill that takes away from the usable portion of the lot.  This may be a perfect setup for a large ground level deck.  The new owners can get creative once they figure how they will need the space.

I think this is priced well.  It was smart to market at below the $1mm mark.  This is not one of the larger models in the community - but the bump out and upgrades will allow it to stand toe to toe with all comers.  I like this house - and I love the neighborhood.  Look for this to sell in the $940K range when all is said and done.

7846 Oracle Place - Bells Mill Springs - $599,950

Listed by Long and Foster

Bells Mill Springs is a community of upscale town homes built in the early 1990's. Most are brick veneer with a one car garage underneath. This home has the main living level on the second floor with steps going from the ground level to the foyer.

The foyer is a few steps down from the main living level and is done in ceramic tile. There is a coat closet conveniently adjacent - with two steps up to the main floor.

There is hardwood throughout the first level - and it has been freshly refinished. The kitchen too has hardwood - which gleams from light streaming in from a large bay window in front of the home. The kitchen has been upgraded with new granite over top of original cabinets. I am not a big fan of these partial refinishes - but it looks fine here.

The dining room is in the middle of the town home and there is a step down to the family room and fireplace in the back. A slider takes you out to a small deck and yard in the rear.

Upstairs is carpeted with 2 bedrooms. tow of the bedrooms are teen size and the master is good size. The master and hall baths are somewhat dated - but there would be no urgency to refinish. Green Marble tile must have been the rage when this community was built - as it is installed in the bathrooms and powder room on the main level.

The basement is finished in carpet. There is a laundry area - powder room and garage down here. There is also a family room for TV or playroom for the kids.

The last unit to sell in this community was a nice end unit - which was 400 square feet larger with a 2 car garage. This settled at $617,500. I see this one settling in the range of $575-590K.

7 Enid Court - Regency Estates - $724,990

Listed by Long and Foster

Google Map Here

I was curious to see what I would find when I saw this home come on the market in Regency Estates. Not much sells in this community above $625K, and to see a price $100K above this level intrigued me.

This home is a large split level on a small private cul-de-sac. It has great curb appeal and has been well maintained. The landscaping is impeccable, and in a few days the yard will be in full color with blooming azaleas.

The entry has a nice tile foyer. You progress straight ahead to a step down dining room with some elaborate mouldings. The kitchen is in the front of the home and has been completely remodeled. Granite, nice appliances and plenty of light. There is a large addition on the back of the home that is stunning. Lots of windows, a big fireplace, access to the back yard and a full bath. Beautifully constructed, it was no surprise the owner is a parent to one of the larger remodelers in the county.

The back yard is lovely. A big pool, great landscaping and well tended grounds make this a showplace. The full bath in the addition can double as a cabana for a quick change into a suit and a swim in the pool.

It is obvious I think this property is fabulous. Let's talk about some of the challanges. First, the property backs to high tension power lines. Although the data proves there are no ill effects from this lines, it is problem. This will be a major turn off for some people. Secondly, it is going to have a hard time appraising at full price. I am not saying the home is not WORTH full price, but finding comps will be tough.

This one is certainly worth seeing if you are in this price range. I hope to see this one fetch $699K when all is said and done. A good appraiser should be able to support the value.