tomo logo

$2,750,000

Beds
3
Baths
2.0
sq ft
3,150

11540 Springridge Rd, Potomac, MD 20854

11540 Springridge Rd

POTOMAC, MD 20854

  • 96 days on market
Open House! Sun, Nov 24, 2:00 PM - 4:00 PM. Welcome to Your Dream Retreat on the Potomac River! Nestled on 4 acres of serene woodland, this spectacular retreat offers unparalleled, year round views of the Potomac River. The current home seamlessly blends rustic charm with modern sophistication, featuring expansive 14 foot, floor-to-ceiling windows that flood the interior with natural light and frame the stunning landscape. Enjoy breathtaking vistas from every room, with a spacious patio perfect for entertaining or simply soaking in the tranquility. Engage in a match on your private, full-sized tennis court, beautifully integrated into the natural surroundings. The property also includes a charming chicken coop and a goat run, allowing you to embrace a sustainable lifestyle with fresh eggs and milk right at your doorstep. Wander through the wooded trails, relax by the cozy fire pit, or explore the potential for riverside adventures with easy access to the Potomac. With 4 acres of lush, private land, this property with separate cabin offers the ultimate in seclusion while still being within reach of the many amenities and conveniences offered at nearby Potomac Village. This is more than just a house; it's a lifestyle. Whether you're looking for a peaceful weekend getaway or a full-time residence, this mountain retreat promises comfort, adventure, and a deep connection to nature. Don't miss this rare opportunity to own a piece of paradise. Schedule your private tour today! Plans for expansion are available. Property has public water & septic is now approved for an 8 bedroom home. Inquire within.

Details

Property type

Single Family Residence

Est. home value

$2,339,365

Lot size

4.0 acres

Price per sq ft

$874

Year built

1938

Annual property taxes

$21,752

HOA

No

Price History

08/23/2024
Bright

Bright #MDMC2144826

Listed
$2,750,000
+10%
01/18/2023
Bright

Bright #MDMC2080454

Sold
$2,500,000
+38.89%
11/15/2020
Bright

Bright #MDMC726966

Sold
$1,800,000

Schools & Community

Elementary school: 

POTOMAC

Middle school: 

HERBERT HOOVER

High school: 

WINSTON CHURCHILL

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Morgan Stanley Private Bank Na

Loan start date

January 2023

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Marc R Washington and Marc R Washington Revocable Trust

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: 11/26/2024 at 4:15 AM

Listing updated: 11/19/2024 at 10:30 AM

Listed by: Wendy I Banner, Long & Foster Real Estate, Inc. Phone #: (240) 497-1700

MLS: Bright #MDMC2144826

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