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315 Cove Rd
Riva, MD 21140
Reid Buckley with Annapolis Eastport, original listing - (888) 536-0216
$2,150,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3
Property Type
Conventional
Square ft
--
Property Description
Captivating water views abound at 315 Cove Road, located on protected Granville Creek just off the South River. This meticulously maintained waterfront home offers an unbeatable combination of property size (located on a triple lot), turnkey condition, and incredible pier complex. Virtually every system and many structural components have been updated or replaced, including appliances, roof, HVAC systems, hardwood floors, and all interior doors. With unobstructed water views, a private multi-slip pier with a rare, covered slip and deep water, new shoreline management and rip rap, and just minutes to the Chesapeake Bay, this home is a boater's dream. Step inside to a bright and open floor plan, where the dramatic two-story great room takes center stage, filling the space with natural light and water views. The updated kitchen has newer appliances and the hardwood floors throughout add warmth. Relax by the wood stove in the seating area on a cold evening. The two-level waterside deck just off the great room is ideal for having meals al fresco and entertaining. The main level bedroom has ample space, and the full bathroom has been beautifully updated. There is a wonderful bonus room on the main level, perfect for a media room or overflow guest room. There is also a new laundry room with pantry on this floor that has outside access. Upstairs, the spacious primary suite's large windows bring in so much natural light and the view extends out to the South River. The suite includes two walk-in closets and a renovated bathroom. A second upstairs bedroom has its own new, ensuite bath and multiple closets. Overlooking the great room, the loft is perfect for a home office. The walk-out lower level, with its 9-ft ceilings and new windows, offers many possibilities such as an exercise area or maker's workshop. This unique waterfront opportunity combines modern upgrades, thoughtful design, and unparalleled access to the water. Conveniently located near Annapolis, DC, and Baltimore, this home is the perfect blend of privacy and accessibility.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1996
MLS Number
--
Location
Address
315 COVE RD
City
RIVA
State
MD
Zip Code
21140
County
ANNE ARUNDEL (SOUTH)
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Reid Buckley
Agency Phone
(888) 536-0216

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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.