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.

10021 Ormond Road - Potomac Village - $1,450,000

Listed by Long and Foster

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This home is a lovely custom Dutch Colonial in the Potomac Village community. Located a short walk from the village this home shows very well. With 5 bedrooms and 4.5 baths, this home is typical size for homes in this community.

The home has a covered porch leading to the front door to protect your guests from the elements. The foyer is bright with bleached (pickled?) hardwood that is well maintained. A large skylight in the 2 story foyer keep the foyer and open stairway upstairs bright and airy. The family room is also bright and sunny. The unusual "pebble" wall treatment will appeal to some, but turn off others. It has the look of high quality and expensive. I am not sure if it will be difficult to remove.

The kitchen has been updated and looks great. High end cabinets and appliances will keep any cook happy. Tile flooring in the kitchen looks good and is certainly durable. The dining room too has been beautifully decorated.

The bedrooms upstairs are all adult sized. The master is well done with plenty of storage and a nice big master bath. A fireplace here is a nice touch and warms up the space. The 2 additional baths serving the upstairs are nicely remodeled, especially the bath done in black and white tile.

The basement is fully finished with a bedroom and bath appropriate for a nanny or teen child. There is also a nice office and a cedar "room" for any clothing or linens that need safe storage.

The best part of this home is the backyard. A beautiful pool and patio is surrounded by fabulous landscaping. It really feels like an oasis in the back. Very private, fenced and a gardeners dream. This would be a fabulous place for a cocktail party on a cool summer night.

This home shows beautifully. The wallpaper and decor may not be to every ones taste, but it is all well done and quality work. The current owners have art that is displayed throughout the home. This house is a perfect showcase for artwork. Great light, plenty of wall space and a modern bent to the architecture.

Although a nice home, I feel this may be priced at a premium. There is lots of competition in this price range and only the most aggressively priced homes are moving. This home would be more reasonably priced at $1.25mm.

CONTRACT - 8710 Yarmouth Court - Highland Stone - $649,000

Listed By Weichert

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This is a lovely split level on a large corner lot in the "Highland Stone" community. This home is in very good condition and shows extremely well. It is almost identical to the home I previewed at 11904 Coldstream Drive last month.

Much of this home is original but in excellent condition. The kitchen has probably been redone once, but could use some updating. The baths too are original. The yellow/brown color scheme of the tile is dated but clean as a whistle. This would be an excellent opportunity for someone to get into a home and renovate it at their leisure.

I am not sure what the similar home on Coldstream sold for, but I suspect it was near full price. These homes are SO similar, I had to ask the listing agent if I had already seen this one. The only difference is the yard. This one has a much smaller back yard because of the corner lot. The side and front yard are larger then the similar home on Coldstream.

If you are looking in Potomac for a single family that is in great shape, this home should be on your short list. It is in move in condition, and a renovation can occur at your leisure. Why wait in this market when rates are so low? Call me to see this home and I will make an appointment at your convenience. You will be SO happy you did!

I see this home selling within 30 days at close to full price.

8909 Copenhaver Drive - Copenhaver - $1,175,000

Listed by Long and Foster

Google Map Here

This is a newly renovated Dutch Colonial in the sought after Copenhaver community. Originally built in 1970, this home has been well maintained and beautifully renovated by the current owner.

The home on the inside has been nicely renovated. New kitchen and updated powder room are well done. The office is a nice plus on the first level. The dining room is big and has nice paint and mouldings.

The stairs to the second level still have period wrought iron rails. There is a sitting area at the top of the stairs and 3 adult sized bedrooms plus a large master to round out the space. The hall bath is brightly painted with upscale tile. The kids will love it! The master has been fully renovated and looks great.

The basement is fully finished. It has carpet and low ceilings. There are 2 bedrooms down here. Good spot for guests or an in-house nanny or domestic.

There have not been many homes in this community that have sold at above $1,000,000. Those that have sold above this number have been pretty special.

This home is nice, but is not in the same league as the others that sold above $1.1mm. The Dutch Colonial design is somewhat dated and not in demand. The lot is OK, but not a premium lot compared to others. The renovations were well done, but not spectacular. The market in general has been in decline. This is a great home at $1,000,000. I think when all is said and done the market will agree.