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12916 Brushwood Terrace
Potomac, MD 20854
$2,895,000
Conventional
Property
Bedroom
6
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
7944 Square Feet
Property Description
Thoughtfully and meticulously crafted residence with superb modern design elements and finishes throughout. This truly unique custom home offers over 3+ acres of pristine, manicured grounds with complete privacy and peaceful cul de sac location. Boasting over 7,000 square feet of space, no expense was spared transforming this into one of Potomac’s modern masterpieces. The interior of this exquisite residence was completely redesigned to create an open air concept from front to back. Accentuated by floor to ceiling Marvin Infinity windows along the rear of the home including a retractable wall between the eat in kitchen and the top terrace creates an indoor-outdoor experience you have to experience in person to truly appreciate. The 7” plank natural maple flooring throughout the main level is the perfect complement to the exceptional mill working and finishes that elevate this residence to exceptional. The expansive main level offers a vast yet manageable living room accented by custom built-ins, marble mantel surround and imbedded gas fireplace. The seamless flow from the luxurious entry foyer to the formal dining room with oversized bay window floods the main level with natural light. The gourmet kitchen was thoughtfully designed to remain light in both in optical and architectural sense to keep the focus on space. Custom designed Italian cabinetry with quartz waterfall counters, integrated Miele espresso bar, stand alone Jenn Air fridge and freezer book ending a 6 burner Jenn Air induction cooktop with pot filler make this a kitchen you can host friends and family and also make five star dining experiences. The convenient main level primary suite is tucked away offering total privacy with a massive walk-in closet with professionally designed built-ins for every purpose. The primary suite bathroom boasts a massive marble surround, standing shower with dual fixtures, sitting bench and frameless glass along with a standing tub with large window overlooking grounds while you soak in total relaxation. The dual floating vanity with designer fixtures and anti-fog back lit mirrors elevate the space making those showers and baths last just a little bit longer. The additional upper level bedrooms are all very well sized and offer a variety of upgrades including custom remote control blinds, herringbone marble tile surrounds, quartz capped vanities, The architecturally-designed walk-out lower level is perfect for recreation and entertainment in mind. Featuring a large recreation room, exercise area, two expansive bedrooms, luxurious full bath, theatre room or yoga studio, wet bar, a woodworking shop and ample strorage area. Double glass doors lead to an outdoor oasis with a newly refinished pool with upgraded pool heater. Impeccable tiered hardscaping featuring Blu Grande pavers with several entertaining decks each with a purpose and methodical flow creates an outdoor paradise. A large, heated pool with herringbone, bluestone decking leading to a picturesque and private firepit sitting area overlooking serenity makes this home truly memorable. The gorgeous terrace also flows seemlessly from the attached 2 car garage (currently being used as gym and studio) to the 3 car detached garage. All 3 bays of the 3 car garage are 2 story allowing lift kits in each bay for the potential of storing 8 cars in total. Perfect for even the most discerning car enthusiast. This residence was redesigned and imagined with high end finishes throughout including solid core doors, designer lighting and plumbing fixtures throughout (even the toiler paper holders), high efficiency mechanicals, high end Marvin Infinity window package and much more. Conveniently located just minutes from restaurants, shopping, hiking and biking trails, and the C & O Canal, this home offers luxury and accessibility. Welcome to your forever home sweet home.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1977
MLS Number
--
Location
Address
12916 BRUSHWOOD TERRACE
City
POTOMAC
State
MD
Zip Code
20854
County
MONTGOMERY (CENTRAL)
Listing
Provider
Name
Phone
(301) 298-1001
Office Name
Office Phone
(301) 298-1001
Agent Name
Scott Sachs
Agency Phone
(301) 298-1001

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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.