Deep Creek Lake Real Estate Blog - Jay Ferguson

Deep Creek Lake Real Estate Blog - Jay Ferguson
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Friday, June 11, 2010

$3.5 million dollar sale at Deep Creek Lake - Baltimore Sun

Photo courtesy of Betsy Spiker
Real Estate Wonk - Jamie Smith Hopkins - Baltimore Sun

In this difficult market for high-end homes, at least one seller found a buyer without looking.

A Deep Creek Lake house that changed hands last Friday for $3.5 million -- a record in the Western Maryland vacation spot, according to the buyers' agent -- wasn't actually on the market. The buyers looked at homes people wanted to sell but didn't fall in love with any of them, so agent Betsy Spiker with Long & Foster Real Estate thought she'd call the builder whose family lived in the stucco home pictured above to see if he'd be willing to part with it.

"I said, 'I do know the family in that house -- let me take a shot in the dark here,'" she said.

It worked.

What, you might ask, are the buyers getting for their $3.5 million? The house as it stands now is four bedrooms with three full bathrooms and two half bathrooms on the main and upper levels. But the contract includes a deal for the builder to finish the huge, 3,100-square-foot basement, adding a bedroom and a variety of elements from a sauna to an elevator.


Read the rest here.


If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

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