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41505 Knight Road
Leonardtown, MD 20650
$6,500,000
Conventional
Property
Bedroom
5
Bathroom
8
Property Type
Conventional
Square ft
12113
Property Description
Welcome to a world of unparalleled luxury and breathtaking beauty. Nestled along the tranquil waters off of the Potomac River, this custom-built four level waterfront estate on almost 18 acres, is a testament to architectural brilliance and sophisticated design. As you approach the grand entrance, you are greeted by a circular driveway, detached 3-car garage, attached 2-car garage, lush landscaping and a sense of serenity. Step inside and you'll be captivated by the focal point of the home, a striking spiral staircase that ascends to the four levels, adding a touch of drama and splendor. A private elevator also awaits to effortlessly transport you through each level of this palatial residence. The expansive living space is adorned with floor-to-ceiling windows, offering panoramic views of the shimmering waters that stretch beyond the horizon. The soul of this home is undoubtedly the gourmet kitchen, a culinary masterpiece featuring top-of-the-line appliances, custom cabinetry, a massive center island and a breakfast room with a groin vault ceiling that doubles as a gathering place for friends and family. Enjoy seamless indoor-outdoor living with access to an expansive terrace with retractable screens, perfect for al fresco dining or simply soaking in the astounding landscape. The flawless design of the main level seamlessly connects the formal living, dining, main living, full bathroom, butler’s pantry, study, half bathroom, additional office, laundry room, mudroom and kitchen areas, creating an atmosphere of effortless grandeur. One of the standout features of this estate is the luxurious study, a haven for those seeking a refined space for work or contemplation. The custom-built cabinetry, rich wood paneling, and expansive views create an atmosphere of insight and productivity. As you ascend the spiral staircase within it, you'll discover an additional upstairs library space and doors that connect to the primary suite that redefines luxury living. Wake up to wondrous views of the water, and unwind in the evenings in a recently renovated spa-like en-suite bathroom complete with a soaking tub and a walk-in steam shower that can reach 105 degrees. The primary suite also boasts a private terrace overlooking the pool, creating a serene sanctuary within your own home. The walk-in closet is a haven for the fashion connoisseur, providing two wings with ample space for two curated wardrobes. As you continue on the second level, discover additional well-appointed bedrooms, each with its own en-suite bathroom. The fourth level offers a luxurious guest suite with its own bathroom fully handicapped accessible, a wet bar and a rooftop terrace commanding awe-inspiring views of the surrounding waters, creating an unrivaled setting for sunset cocktails or stargazing. The lower level is a crowning jewel, featuring a generous and versatile space that unveils a recreation area, guest or au pair suite, theatre room and a vast amount of storage. The outdoor living space is a true oasis, featuring a sparkling saltwater pool that seems to merge seamlessly with the grounds and bay beyond. There is an inground timed sprinkler system providing a green and luscious lawn year round. The pier has been resurfaced and the mean low water is 8 feet, ensuring that priceless maritime adventures begin just steps from your doorstep. In the sought after Leonardtown school district, the property possesses a Silver Leed certification and can withstand a Category 3 hurricane with a reinforced roof. While you will feel miles away from it all, you will be enamored by the charm, history and convenience of the area. DC is 90 minutes away, St. Mary’s Airport is 20 minutes away and a five minute boat ride to the wharf and lovely downtown Leonardtown. The Breton Bay Country Club is just two miles away or visit nearby Solomons Island, the Patuxent Naval Air Station or enjoy a quick kayak ride to a nearby winery or a summer sea plane ride. Welcome home.
Property Information
Lot Size
17 acre(s) square ft
Property Type
Residential
Year Built
2012
MLS Number
MDSM2016380
Location
Address
41505 KNIGHT ROAD
City
LEONARDTOWN
State
MD
Zip Code
20650
County
SAINT MARY`S
Listing
Provider
Engel & Völkers Annapolis, original listing
Name
Engel & Völkers Annapolis
Phone
(443) 292-6767
Office Name
Engel & Volkers Annapolis
Office Phone
(443) 292-6767
Agent Name
Travis Gray

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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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.