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14429 Pettit Way
Potomac, MD 20854
Alex Burrell-Hodges with Cottage Street Realty LLC, original listing - (703) 242-0005
$1,875,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
6270 Square Feet
Property Description
Love entertaining? Experience a blend of rural living (almost three acres) with all the comforts and conveniences within reach. A custom stone entry greets you at the front of the property, with a matching custom mailbox. This leads you to the long brick paver driveway, a custom stone wall surrounds the house with lighting to the front entrance of the home. This 4 bedroom, 2 additional large basement bedrooms, 4 bath, mid-century modern pool home is nestled in the highly desirable city of Potomac, Maryland. The home features include a sunken cathedral style vaulted ceiling great-room, giving a grand and open feel during all the seasons. A stone accent wall with electric fireplace and mantel has been added to the great-room for ambiance. The openness enhances and brings in natural light. Hardwood, and tile throughout adding warmth and character. Minimal carpet in finished basement space. The main level also houses all four of the main bedrooms, kitchen with eat in space, and an elegant dining area. As you head down the spiral staircase to the basement, you are greeted with a small seating area, perfect for a quiet time with a good book. As you step down you will find a pool/ping pong table and full bar area. Off of this space is a full bath, a bedroom, a small laundry area, and a storage hvac room. As you proceed into the family room, there is a wood burning fireplace, an additional bedroom with cedar walk-in closet and another large utility storage room. An air-conditioned/heated sunroom off the main living space provides the perfect spot to enjoy all that nature has to offer and a great place to host gatherings. The sunroom can be opened up for all the outdoor festivities the expansive pool and pool house has to offer. Speaking of the pool house, this space is equipped with a small air condition, counter and sink and has housed overnight guests with a pull-out sofa couch. As you continue past the black iron fenced pool area,which has been built up with a retaining wall, accessing one of two gates exiting the area you are greeted by a custom brick fire pit with seating. There is also an outdoor shed in the rear of the property that has an additional covered structure for any outdoor equipment. The almost three acre property has endless possibilities for your desires.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1978
MLS Number
--
Location
Address
14429 PETTIT WAY
City
POTOMAC
State
MD
Zip Code
20854
County
MONTGOMERY (CENTRAL)
Listing
Name
Phone
(703) 242-0005
Office Name
Office Phone
(703) 242-0005
Agent Name
Alex Burrell-Hodges
Agency Phone
(703) 242-0005

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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.