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$1,350,000

Beds
5
Baths
3.5
sq ft
4,682

246 Mountaintop Rd, Mc Henry, MD 21541

246 Mountaintop Rd

MC HENRY, MD 21541

  • 283 days on market
    • Price drop $75,000↓
Discover comfort and luxury in this spacious log chalet, boasting an expansive living area that seamlessly blends with the breathtaking natural surroundings. Ideally situated in the heart of the mountains, this property offers the perfect fusion of serenity and convenience, nestled beside a scenic stream. Benefiting from a prime location just minutes away from Wisp Ski Resort, Lodestone Golf Course, ASCI White Water Rafting, and convenient Lake Access on Marsh Hill Road, this chalet is a gateway to a myriad of outdoor activities. Located within the prestigious Deep Creek Highlands gated community, this property provides an exclusive lifestyle. Residents enjoy access to an outdoor pool, a pavilion with a fireplace, tennis courts, a playground, and hiking trails, ensuring a harmonious blend of recreation and relaxation. Spanning three levels, the main level welcomes you with a Great Room featuring a stone fireplace, cathedral ceilings, and a dining room. The well-equipped kitchen boasts two refrigerators and a convenient breakfast bar. The primary bedroom and bath, located on the main level, offer a retreat within a retreat. Step outside onto spacious decks, where a hot tub and firepit beckon for relaxation and socializing. The interior boasts a separate game room and theater room, adding an extra layer of entertainment to your mountain retreat. Currently named "Family Sanity," this property operates as a vacation rental. While marketed as a 5-bedroom rental, it has the potential to function as a 7-bedroom haven for personal use if the theater and game room are utilized. Whether you seek a serene escape or a dynamic entertainment space, this log chalet caters to your every desire. Elevate your lifestyle in the lap of mountain luxury at this remarkable property.

Details

Property type

Single Family Residence

Est. home value

$1,513,087

Lot size

0.57 acres

Price per sq ft

$289

Year built

2006

Annual property taxes

$7,784

Monthly HOA fee

$57.75

Price History

12/11/2023
Bright

Bright #MDGA2006298

Listed
$1,350,000
+10.2%
04/21/2021
Bright

Bright #MDGA2000000

Sold
$1,225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

GARRETT 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

$334,849
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$907,151
Cash to seller
$334,849

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

April 2021

Original loan amount

$980,000

Est. remaining balance

$907,151

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Thomas M Bray and Shannon Bray

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: 09/18/2024 at 9:25 PM

Listing updated: 08/16/2024 at 9:53 AM

Listed by: Coelian M Green, Railey Realty, Inc. Phone #: (301) 387-2000

MLS: Bright #MDGA2006298

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