December 2nd, 2009 Categories: Bethesda
What can you get for $1 million dollars in Bethesda? How much would one pay for a nice, new construction in Bethesda? OK, how about something cheap. What will $700,000 buy?
These are common questions that we get from home buyers interested in a great Bethesda location. With this in mind, I toured three homes that answer these basic questions.
8809 Honeybee Lane, Bethesda
Listed at $725,000 with Coldwell Banker, this is the cheapest home on the tour. This brick split-level home was built in 1964 and sits on a nice lot. Inside, it’s small with just over 1,500 square feet of living space. This home hasn’t been updated. Typical of it’s age, it has very nice hardwood floors on the main and bedroom level. The kitchen, baths and windows haven’t been updated. Bedrooms and baths are small. It’s livable but could use some work. It may be priced a little high, but it’s not too far off the mark given recent sales for similar homes.
6212 Verne Street, Bethesda
Listed at $995,000 with Long and Foster, this home is located just off of River Road at the end of a quiet cul-de-sac. Inside, rooms are freshly painted and feature very nice hardwood flooring. Built in 1979, this home has some nice updates in the master bath and kitchen. The lot is wooded and there’s a pool in the back yard. The two-room master suite features two bathrooms and a brick fireplace – very nice. Is it worth a million dollars? It’s not a knock-out, but it’s in good condition in a great location. It’s only been on the market for 3 days, so I’ll keep an eye on this one to see how it does.
7605 Arden Road, Bethesda
This home is actually in Cabin John. This is one of my favorite communities in Montgomery County — I definitely need to dedicate an article to this quaint community. The original home on this site was built in 1958. It was leveled and the current, modern home sits in its place. Its front porch and craftsman style fit perfectly into the neighborhood. This home has many of the features that I love about new construction in Bethesda — high quality finishes, turn-of-the-century moulding, weighted doors and fantastic finishes throughout. This home has nearly 3,800 square feet of above-grade finished space. The second level has three bedroom and the fourth level has a bedroom, full bath and office. It is listed for $1,395,000 with Washington Fine Properties. The overall market for homes priced between $1.3M and $1.5M in Bethesda is pretty healthy with only about 2.5 months available inventory.
Bethesda is home to numerous established neighborhoods and elegant homes of many styles. Contact us anytime to learn more about this great place to live in Montgomery County.