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45216 Clarkes Landing Road
Hollywood, MD 20636
$1,975,000
Conventional
Property
Bedroom
8
Bathroom
8
Property Type
Conventional
Square ft
10770
Property Description
Are you looking for a rare find in Saint Mary’s County? The long paved 500 ft driveway to your secluded get away brings you a peaceful, tranquil feeling instantly. The all brick main house was built in 2012. The stunning property has 3,100 sq ft. on the upper level with every room facing the water, wrap around deck, spectacular views from every angle and breathtaking sunrises and sunsets daily. The upper level has 16 ft. vaulted ceilings in the living area and 10 ft. ceilings in the remaining rooms. Family room with stone gas fireplace, formal living room and dining room, all with hardwood floors. There is a huge master bedroom with gas fireplace, walk in closet and adjoining master bath with jacuzzi tub and spa, walk in double shower. A very large dream kitchen with all high-end appliances, 2 refrigerators, 2 Bosch dishwashers, a double Wolf wall ovens and large Wolf gas range. Sub Zero ice maker in the wine bar, 5x6 center island all granite tops, and all the cabinets one can want and a walk-in pantry. There are 2 bedrooms with a jack and jill bathroom in between, guest powder bath in hallway, office with adjoining bath and laundry room. As you descend to the lower level that is completely finished with another 3,100 sq ft with 11 ft ceilings, a huge master bedroom with large bath and walk in spa shower and very large walk-in closet. The family room has a massive stone, wood burning fireplace and separate pool room, awesome theater room, tiki bar for entertaining, and another bedroom and large bathroom. All rooms have walk out doors to the beach area, patio, and pier with 2 boat slips with 5-6 ft. depth as well as property boat ramp at the end of the road. There is an Amish 14x24 barn with loft across from garage. The four-car garage has a full bath and guest house above which has 1600 sq. ft. that includes 2 large bedrooms, 2 baths a laundry room with an open kitchen to family room and living area. This too boasts beautiful water view’s from a large deck where one can enjoy the scenic wild life. This 2.39 mostly wooded waterfront with a bulkhead and its own private sandy beach is a once in a lifetime find, located close to Pax Naval Station, a few minutes away from Leonardtown and California MD with plenty of shopping and entertainment close by. Do not miss out on a once in a lifetime opportunity and breath taking property to have your own piece of paradise.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2012
MLS Number
MDSM2017234
Location
Address
45216 CLARKES LANDING ROAD
City
HOLLYWOOD
State
MD
Zip Code
20636
County
SAINT MARY`S
Listing
Provider
Century 21 New Millennium, original listing
Name
Century 21 New Millennium
Phone
(703) 753-7910
Office Name
CENTURY 21 New Millennium
Office Phone
(301) 862-2169
Agent Name
Mrs. Barbara A Blades

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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.