tomo logo

$3,699,000

Beds
7
Baths
8.5
sq ft
10,678

10021 Avenel Farm Dr, Potomac, MD 20854

10021 Avenel Farm Dr

POTOMAC, MD 20854

  • 73 days on market
    • Price drop $201,000↓
Happy Holidays! Temporary Off for the Holiday. Call listing agent for more information! See you soon! Welcome to 10021 Avenel Farm Drive, an exquisite English Manor Estate, nestled within the prestigious Avenel Community. Spanning two beautifully landscaped acres, this remarkable property features a first-floor bedroom suite, along with a spacious stone terrace that overlooks a private spa and swimming pool. This home exemplifies luxury at every turn. Step into the grand center hall and be captivated by the stunning two-story atrium, crowned with a skylit milled ceiling. The first floor boasts embassy-sized formal rooms, each adorned with intricate custom crown, ornamental, and/or ceiling moldings. The floor plan is designed for both grand entertaining and comfortable, multi-generational living. The gourmet chef’s kitchen, centered around an expansive U-shaped island, is both elegant and inviting. The gathering room, featuring a stone fireplace, and the breathtaking solarium, with its vaulted glass-paneled ceiling and full picture glass surround, offer perfect spaces for relaxation and family time. On the main level, an ensuite bedroom provides exceptional comfort, ideal for multigenerational living. The upper level offers five bedrooms, including a luxurious primary suite with a vaulted ceiling, fireplace, and two dressing areas. This sophisticated estate is rich in character and craftsmanship. Among its standout features are a recreation room, fitness area, full-service bar/secondary kitchen, professional home theater, guest ensuite, cabana with bath facilities, and more. The stone terrace with precast stone balusters, overlooks a heated swimming pool with a separate spa offering stunning beauty and privacy. As with all Avenel homes, this estate is just minutes from shopping, dining, the C&O Canal, Congressional Country Club, TPC Potomac, and Great Falls, with easy access to airports and Washington, DC!

Details

Property type

Single Family Residence

Est. home value

$3,391,146

Lot size

2.0 acres

Price per sq ft

$347

Year built

1996

Annual property taxes

$41,288

Monthly HOA fee

$291

Price History

11/06/2024
Bright

Bright #MDMC2151932

Price change
$3,699,000
-5.15%
10/11/2024
Bright

Bright #MDMC2151932

Listed
$3,900,000
09/30/2024
Bright

Bright #MDMC2144012

Removed
$3,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,418,532
Asking price
$3,699,000
Closing costs (~8% of asking)
-$295,920
Est. remaining loan balance
-$1,984,548
Cash to seller
$1,418,532

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Imc Mortgage Corp

Loan start date

December 2020

Original loan amount

$2,175,000

Est. remaining balance

$1,984,548

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

John Mahoney and Celeste Mahoney

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 11:25 PM

Listing updated: 12/22/2024 at 10:44 PM

Listed by: Marie Tongol, TTR Sotheby's International Realty Phone #: (301) 516-1212

MLS: Bright #MDMC2151932

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