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315 Kyle Rd
Crownsville, MD 21032
Reid Buckley with Annapolis Eastport, original listing - (888) 536-0216
$2,450,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Welcome to 315 Kyle Road, a breathtaking waterfront estate graciously set on 3.8 acres just off the Severn River. This property is a rare offering in the current market: a private pier with 10 ft water depth on protected Old Place Creek, more than 6,800 SF of meticulously crafted and maintained living space, and ample acreage offering privacy and beautiful natural surroundings. With five bedrooms and four-and-a-half baths, every corner of this home reflects unparalleled attention to detail and quality. The main level has multiple expansive living areas designed for entertaining or quiet relaxation. Upon entering, the space literally blooms from the two-story foyer; an elegant, curved staircase leads to an upstairs overlook or step into one of the main living areas. These include a formal living room with fireplace, a cozy library ideal for reading and reflection, and a sunroom surrounded by lush woods. The gracious, waterside family room flows easily to the formal dining room and kitchen. The gourmet kitchen is a culinary haven equipped with top-of-the-line appliances, luxurious finishes, and an open layout that will delight any chef or entertainer. It's a beautiful combination of glass-fronted cabinets, open display shelves, and plenty of undercounter storage. The two-sided fireplace keeps both the kitchen and family room ambient during colder months. A waterside deck spans the width of the family room and kitchen, perfect for indoor-outdoor enjoyment. Gorgeous hardwood floors throughout the main level. For convenience, there is a 2nd staircase from the kitchen to the 2nd floor. And, in the warmer months, the wide front porch with ceiling fans has several seating and dining options. At the top of the front staircase, you'll enjoy an overlook to the great room below and out to the flowering trees through the front windows. The spacious primary suite serves as a relaxing retreat, featuring a sitting area with private balcony overlooking the water. The spa-like bathroom offers separate vanities, an oversize shower and a luxurious jetted tub, and there's a huge walk-in closet. The second waterside bedroom has a private balcony and ample closet space. There is a full bath across the hall. Bedroom 3 is a large room with sitting area; it shares a bathroom with the 4th bedroom. The entire upstairs has beautiful hardwood floors. The windowed laundry room is also on this level. The walk-out, lower level is an entertainer's dream, with a fabulous rec room that opens to the waterside patio. There's a wet bar for hosting gatherings and lots of natural light. Guests and family will enjoy the proximity to the water, strolling down for a sundowner on the dock or an early morning kayak ride to watch the birds. The lower level also features a gym, a full bath, and a waterside bedroom that could be a dance studio. The utility room offers a significant amount of storage space. Step outside to discover what makes this property so incredible. Whether relaxing on the front porch, enjoying the waterside deck and balconies, or hosting gatherings on the back patio, this property has something for everyone. The private dock, out of the chop of the Severn River, is perfect for boating enthusiasts and water activities. Run down to City Dock in your smaller craft, or head across the Bay to St. Michael's for a weekend. The expansive grounds are adorned with cherry trees (among others) and the spring blossoms are stupendous. The location of the home on the lot creates the utmost privacy. Severn Side Farm is a sought-after waterfront community consisting of a 60 acre peninsula with 20 home sites. Waterfrontage is on both the Severn River and Old Place Creek, a protected body of water that is called Fox Creek locally. The property is ideally located close to major commute routes to DC and Baltimore, or it's a 20-minute drive to downtown Annapolis.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2001
MLS Number
--
Location
Address
315 KYLE RD
City
CROWNSVILLE
State
MD
Zip Code
21032
County
ANNE ARUNDEL (WEST)
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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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.