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12906 Quail Run Court
Darnestown, MD 20878
$2,195,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
7380
Property Description
PRICE REDUCED ANOTHER $100K AND IMMEDIATE AVAILABILITY for this NEW CONSTRUCTION MODEL HOME on a prominent corner lot of nearly an acre in the Estates at Quail Run. SPECIAL 2-1 BUYDOWN FINANCING with 2% below market rate on the first year and 1% below market rate on the second year of the mortgage. CURRENT START RATE APPROX. 5.25%. Incredible opportunity to purchase the four-level, 6BR|7.5BA, Chandler model with 2-car finished and trimmed sideload garage and stone water table; 5,467 sf above grade and 1,913 sf finished lower level; FULLY-INSTALLED WORKING ELEVATOR with wood-paneled walls; flagstone leadwalk to full stone-floored front porch with beaded ceiling overlooking a FOREST CONSERVATION AREA; sand-in-place hardwood flooring with flush wood floor registers on most of the main level and designer tile in all baths; top-level cabinetry in kitchen, all bathrooms, laundry, and basement wet bar; Champagne Bronze kitchen and bathroom plumbing fixtures throughout, Aged Brass lighting fixtures, and crystal doorknobs with decorative backplate; upgraded solid wood (fir) front door with sidelite panels; open floorplan with formal living and dining room flanking foyer with clear sight views to the back of the home; side solarium/flex room off of living room with panoramic views; highest upgrade kitchen plan available with double-stacked top-level cabinetry, LED under cabinet lighting, GE Monogram commercial stainless appliances, granite countertops with Carrera marble tile backsplash, oversized “leathered” granite island/breakfast bar with pendent lights, pantry and butler’s pantry; breakfast area with sliding glass door to rear covered porch with Timber Tech composite flooring and two overhead Bromic electric heaters overlooking tree-lined rear yard; great room with coffered ceiling and granite gas fireplace; main level in-law bedroom suite on rear of home; entrance to elevator and mudroom from garage; solid oak hardwood staircase to the upper and lower level with hardwood landings; owner's bedroom suite with box ceiling and two walk-in closets with custom closet built-ins; ornate owner’s bath with designer tile, quartz vanity countertops, huge walk-in shower with dual showerheads and frameless glass enclosure, and stand-alone vessel tub; four additional bedrooms and three full baths on this level as well as a laundry room with built-in cabinets, sink, granite countertops, washer, and dryer; BONUS finished 3rd-floor loft level with den, full bath, and media area; fully-finished lower level featuring recreation room with built-in wet bar, den, full bath, theater room, and exercise room. Turnkey sale at closing with normal financing that you can lock in now. MODEL HOME OPEN EVERY SATURDAY 1-4 PM AND ALL OTHER DAYS BY APPOINTMENT ONLY.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2022
MLS Number
MDMC2092408
Location
Address
12906 QUAIL RUN COURT
City
DARNESTOWN
State
MD
Zip Code
20878
County
MONTGOMERY (CENTRAL)
Listing
Provider
Rory S. Coakley Realty, Inc., original listing
Name
Rory S. Coakley Realty, Inc.
Phone
(301) 340-8700
Office Name
Rory S. Coakley Realty, Inc.
Office Phone
(301) 340-8700
Agent Name
Michael P. Rose

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.