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2455 Garrity Road
Saint Leonard, MD 20685
$1,650,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
2677
Property Description
Spectacular state-of-the-art, premier equestrian complex nestled away on nearly 50 acres in Calvert County, surrounded by grassy fields, mature hardwood forest and 1000 feet of St. Leonard Creek waterfront. Enjoy fishing from the private dock with deep water. The private pier comes equipped with both an electric boat and jet ski lift, fresh water, electric and lights An in-ground sprinkler system allows the lawn to be watered on a personalized schedule. The main house offers incredible views from the 2 bedrooms as well as 270 degree water views from 3 complete sides of the house. The open concept main level features the kitchen, a chef’s dream complete with a Viking professional stove with double oven. The sitting/family room flows effortlessly from the kitchen with views of the water. A formal dining room portrays a hand painted mural of the farm. The fully finished basement offers an additional space for a bonus room or gaming room as well as a hidden room that could be utilized as a bedroom. Attached by a covered breezeway is the oversized 2-car garage with a fully finished apartment with 2 bedrooms, full bath, kitchen & tv room above. Enjoy gardening in the fully functional greenhouse with attached workroom. A lovely herb and berry garden is nestled in the back yard next to the brick patio and firepit. A covered front porch gives way to breathtaking water views. Enjoy music or the Sunday games on the Bluetooth enabled house speaker system! The Equestrian Center will satisfy even the most particular equestrian. The main barn has fourteen (14) 12’ x 12’ matted stalls and features automatic and computer controlled insect repellent system. Two (2) hot/cold wash racks are conveniently located. The complex offers a 72’x200’ indoor arena with shadow free lighting as well as a computer controlled, automatic dust control watering system! Directly outside the indoor arena is a 72’x200’ arena that has excellent and quick drainage. The hay loft has been partially converted to an efficiency apartment with 1 bedroom, full bath, and extra sitting room. It also has a studio with full bath and observation area of the arena. Used as an oversized office but the possibilities are endless. The oversized hay loft can be utilized for hay/storage but is currently being utilized as additional observation and storage. Close by the main barn is a tobacco barn that had four (4) stalls and is now used for events/weddings/rehearsal dinners/parties. It can be easily converted back to stalls. Four (4) private paddocks offers electricity and water. The four (4) run-ins on the property offer shelter to the horses who do best living outdoors. There are a total of 6 pastures that are equipped with electric and water for convenience. There are four (4) custom wooden hay huts located in each big pasture. If you enjoy the outdoors, this property is a must for any outdoor enthusiast. With abundant wildlife this property is an outdoorsman’s dream. Whether an active hunter or just a wildlife observer the property will not disappoint. The forest hosts a multitude of deer and other small game, a vast array of waterfowl and birds of prey as well as fishing for perch, catfish and even rockfish from the pier. Hunters will enjoy honing their skills on the target range. The wildlife lover in everyone will enjoy the abundance of migrating fowl to include the eagles, osprey, grey herons and red tail hawks that call Little Cove Farm home. This farm provides a multitude of opportunities for horse lovers and visionaries. The red barn has been home to countless parties, gatherings, rehearsal dinners and small weddings. The main barn has been completely transformed into a wedding venue with only half of the indoor arena overhauled to host over 150 wedding guests. Only 50 miles from Washington, DC and 30 miles from Patuxent River Naval Air Station, this income producing farm offers SO MANY OPTION
Property Information
Lot Size
49 acre(s) square ft
Property Type
Residential
Year Built
1920
MLS Number
MDCA2013944
Location
Address
2455 GARRITY ROAD
City
SAINT LEONARD
State
MD
Zip Code
20685
County
CALVERT
Listing
Provider
RE/Max United Real Estate, original listing
Name
RE/Max United Real Estate
Phone
(301) 702-4200
Office Name
RE/MAX United Real Estate
Office Phone
(301) 702-4200
Agent Name
Sandy Fullerton

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HUD Foreclosures

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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Foreclosure Listings Increasing

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.