Under Contract in Potomac in One Week - 3.8 million home

[Anonymous]

This is one of my favorite homes in Potomac as it is as close as possible to Village without noise on a quiet street and drop dead beautiful. I saw sign go up and shocked at 3.8 million sold in one week. It seems interest rates on mortgages are meaningless. The library, starbucks, chipote, drycleaner, nail salon, supermarket, banks and restaurants are all like a 2-3 minute walk
But at 3.8 million someone needs to have 3.8 million cash sitting around to go to contract that quick. Seeing so many 2-4 million houses selling quickly the past few weeks.


https://www.redfin.com/MD/Potomac/10021-Counselman-Rd-20854/home/10898173#property-history

[Anonymous]

If you want to live in Potomac, that's an excellent location. Also a new build. Not a lot like that in the area.

[Anonymous]

Gorgeous home

[Anonymous]

Anonymous wrote:If you want to live in Potomac, that's an excellent location. Also a new build. Not a lot like that in the area.

+1. The home is done very well and the pool and yard is to die for. Worth every penny!

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you want to live in Potomac, that's an excellent location. Also a new build. Not a lot like that in the area.

+1. The home is done very well and the pool and yard is to die for. Worth every penny!

Plus, I would bet the owner was watching that neighborhood for such a house, which is why it sold so fast.

[Anonymous]

His neighbor across street who is CFO Marriott recently had similar home listed but pulled listing. He might of had some info from him on pricing

[Anonymous]

The house was built in 2004 - it’s not a new build. The location is great as well as the outdoor space but to me the kitchen looks dated and busy. Several of the bathrooms need updating and the barn door in the master looks tacky. The striped carpet in the basement is awful.

[Anonymous]

That house is gorgeous. My old and average looking 4 bedroom home with no special features and a miniscule lot in Bethesda would sell for $2m, so that house for $3.8 seems amazing (if I had the money I’d have grabbed it, too!).

[Anonymous]

That’s not a quiet street. It’s right next to both Falls Rd and River Rd, and is a major cut through street

[Anonymous]

Lots of 3m+ homes under contract or pending in Potomac recently.

[Anonymous]

Anonymous wrote:This is one of my favorite homes in Potomac as it is as close as possible to Village without noise on a quiet street and drop dead beautiful. I saw sign go up and shocked at 3.8 million sold in one week. It seems interest rates on mortgages are meaningless. The library, starbucks, chipote, drycleaner, nail salon, supermarket, banks and restaurants are all like a 2-3 minute walk
But at 3.8 million someone needs to have 3.8 million cash sitting around to go to contract that quick. Seeing so many 2-4 million houses selling quickly the past few weeks.


https://www.redfin.com/MD/Potomac/10021-Counselman-Rd-20854/home/10898173#property-history

Well, you know, if you want to live within walking distance of the Chipotle, you’ve got to shell out.

[Anonymous]

Anonymous wrote:That’s not a quiet street. It’s right next to both Falls Rd and River Rd, and is a major cut through street

Cut-through from where to where? I drive by that area sometimes, and I haven't seen any significant traffic turning onto that street or coming from it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That’s not a quiet street. It’s right next to both Falls Rd and River Rd, and is a major cut through street

Cut-through from where to where? I drive by that area sometimes, and I haven't seen any significant traffic turning onto that street or coming from it.

That street is narrow with speed bumps between hall and woodford where house is. No cut through. However the behind on block by River Road is a through Tally Ho and Library.

You be suprised in Potomac how damn quiet it is at night even in parking lot in town. Nothing is 24-7. Everything is closed at night

[Anonymous]

Probably paid cash.

Doubtlessly will spend more money on interior renovations, a new kitchen at least.

[Anonymous]

If you have a lot of savings and money in the stock market, you are wealthier than you have ever been. If you don't, you are poorer than you have ever been. Not sustainable in the long run but that's why top end houses are selling faster than low end.