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6707 Broxburn Drive
Bethesda, MD 20817
Nadia Nejaime with Compass, original listing - (301) 298-1001
$2,750,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
6737 Square Feet
Property Description
Welcome to 6707 Broxburn Drive, a stunning contemporary residence that exudes modern sophistication, luxury, and smart design, nestled on an idyllic, treed 1.06-acre lot in the close-in Bannockburn neighborhood of Bethesda. This architectural gem, built in 1985 by the renowned local developer Clarence Kettler, offers over 6,700 finished square feet (est) of luxurious living space across 3 levels. Outside, the property offers serenity, privacy and gorgeous natural treed views. The stunning stone facade, the flagstone walkways, the stacked stone retaining walls, and the wrap-around decking across the back and side of the home will have you feeling as though Aspen has been relocated to Bethesda. You and your visitors will delight over the most charming entry walkway bridge over a sweet, babbling brook and the large flat backyard. Step inside to discover expansive spaces, perfect for hosting multi-generational families or your entire friend squad. The home features five exceptionally large bedrooms and four and a half updated bathrooms. The home's design makes it feel like an immense tree house, with huge windows offering stunning views from every angle. The sunken living room features a double height vaulted ceiling, a double-sided stone fireplace, and gorgeous wide-plank pine floors. The spacious dining area can accommodate your larger gatherings. A large den/family room features another fireplace, built-ins and French doors, making it a perfectly cozy retreat to enjoy a movie or a book. The extra large kitchen features a huge island with custom concrete counters, tons of storage, commercial grade stove, high-end stainless steel appliances, a fireplace, and a large adjoining sunroom/breakfast room. With several doors leading to the outside deck and yard, this home is perfect for indoor/outdoor entertaining. On the upper level, there is a large open space bonus room, perfect for a playroom or secondary living space. Tired of the typical small bedrooms with no closet space? All the bedrooms in the home are extra large, some with bonus play rooms/dens attached, and have great closet space in each. On the entry level, you'll find the 5th bedroom (also huge), the 4th full bath, a bonus home office/flex room with French doors to the outside, another den, access to the 2-car garage, and excellent storage/utility/workshop spaces. At the heart of the home is the dramatic open staircase with eye-catching views at every step. Recent updates include a high-quality architectural shingle roof (new in 2021) and replaced skylights with automatic shades (also replaced in 2021), and a whole-house water filtration system. If this idyllic home were not enough, the location will surely close the deal. Located in the Bannockburn/Pyle/Whitman public school districts and only about 10 minutes to downtown Bethesda or to the DC line, every amenity is close by, as well as quick access to major commuter routes including the Beltway, Clara Barton Parkway, and Cabin John Parkway. This home is not just a place to live, but a lifestyle to embrace. Don't miss the opportunity to make this extraordinary property your own.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1985
MLS Number
--
Location
Address
6707 BROXBURN DRIVE
City
BETHESDA
State
MD
Zip Code
20817
County
MONTGOMERY (SOUTH)
Listing
Provider
Name
Phone
(301) 298-1001
Office Name
Office Phone
(301) 298-1001
Agent Name
Nadia Nejaime
Agency Phone
(301) 298-1001

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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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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.