What's Up? with Eastern Shore Real Estate: October 2012
Oct 03, 2012 07:03PM ● Published by Anonymous
Eastern Shore Elegance on Dixon Creek
This private waterfront colonial is in an estate area midway between Easton and St. Michaels. It is situated on just under three acres and enveloped by lush plantings and professional landscaping—a true oasis for the new owners.
This home was built in 1964 but enjoys every modern amenity and update available. The living areas have warm hardwood fl oors and the kitchen and baths are freshly updated with granite, Corian, and ceramic tile. There is a coveted first floor master suite and cozy family room and den, both with wood burning fireplaces. Upstairs you will fi nd three additional bedrooms and two full baths, plenty of space to entertain overnight guests and family.
The Pièce de résistance for the new owners (as well as the sellers, I'm sure) is the waterside pool and surrounding leisure area. There is an outdoor Viking kitchen, an in-ground spa, and built-in fire pit. The extensive landscaping and slate patio make lovely transitional living areas that connect the house to the pier on Dixon Creek.
This estate home was originally listed for just under $1.7 million and wasn't long on the market. With realistic pricing, it settled for just under $1.5 million in June of this year. Sales trends are signaling that real estate has settled into a positive climb in the second home market on the Shore. If you hear, "Now is the time to buy," believe it—not
far on the heels of consistent and positive sales activity will be pricing increases—it's called supply and demand.
Sumptuous and Sturdy Traditional on Broad Creek
This lovely waterfront colonial home was built in 2006 and stately sits on a two-acre lot on the banks of Broad Creek, just outside of St. Michaels. Spacious and well-built are immediate descriptions that come to mind when you walk through this exceptional home. There are soaring ceilings, 5,000-plus square feet of comfortable living space, and walls of windows on the waterside. The rolling lawn leads down to a pier with desirable water depth.
The front center hall has an open staircase to the second story and also leads straight back to the well-equipped kitchen with dining area, and an open two-story family room. The main floor has an amazing master suite with glass doors opening to the waterside. Formal and informal living areas meld together seamlessly; they include a formal living room with gas fireplace, a formal dining room, and a private library/office.
The first floor also enjoys a large tiled utility/mud room area and a three-car garage.
On the second story, you will find a second master bedroom suite, two additional bedrooms with full baths, and an oversized recreation room. As if that isn't enough, on the third story and you have a great lookout over the creek and the perfect space for family and friends to enjoy movies and board games. Not much left to desire—this home has it all.
This property was originally listed in 2006 for $2.6 million—not out of the question just a year earlier—but timing is often everything in real estate. The home languished on the market into 2008 when the owners withdrew it and decided to settle in, fair the housing storm, and enjoy their masterpiece for a while. (What's not to enjoy?) The home came back onto the market in mid-March of this year and generated immediate interest with an extremely realistic offering price of $1.7 million and went under contract swiftly, settling in May for $1.6 million. The fortunate new owners got a great package for the price.