13830-13826 Castle Cliff Way
SILVER SPRING, MD 20904

Description

UNIQUE INVESTMENT OPPORTUNITY or possible FAMILY OR GROUP HOMESTEAD! Welcome to Brindledorf! There are many things to love about Brindledorf. When the sellers bought it, it was a 6 acre remnant of the farm owned by Elizabeth McCollough, with 3 separate houses built between 1835 and 1880 and a vacant lot. Since, it~s been subdivided into 4 properties [13830 Castle Cliff (Farmhouse-5,700 fin sqft), 13828 Castle Cliff (Cabin-720 fin sqft), 13826 Castle Cliff (Cottage-1,368 fin sqft), and 13832 Castle Cliff- a 2 acre undeveloped lot)]. Brindledorf is being sold as a package with incredible investment opportunity. Large, multi-general families can live together at Brindledorf, but not on top of each other. Groups interested in co-housing can build close communities without ever having to share a bathroom. Individuals wanting to get a start in real estate investing can live in one part of the property and generate enough income to pay the mortgage by renting out the rest. Currently, there is one main water and one main sewer lines serving the three properties. As an investor, after WSSC installs dedicated water and sewer lines to the Cottage and Cabin, the properties could be sold individually. The combined value of the individual properties is estimated to be $1.5M after the installation of the water and sewer lines. This package will not qualify for conventional financing but will qualify for portfolio lending. Additionally, the Seller will consider seller financing for the Cottage, Cabin and Lot parcels, when purchased with the Farmhouse parcel. Contact listing agent for Brindledorf Information Package. Brindledorf was utilized for the last 17 years as a community-based affordable group housing initiative, primarily for teachers, and has enjoyed long term tenants throughout the last 2 decades. Brindledorf could easily also serve as a visionary family complex with living spaces spanning 3 houses, 10 bedrooms and a total of 37 rooms. It~s situated on 6 idyllic acres, including some Forest Conservation Area, The three houses could almost be from a fairytale. The Farmhouse has community/common spaces featuring living room, eat-in kitchen with foyer, formal dining room, and sunroom plus community laundry and utility rooms and 5 private living suites: 4-room Library Suite, 3-room Pine Suite, 3-room Balcony Suite, 3-room Attic Suite, and totally private apartment-like 6-room Left Wing Suite with separate entrance and in-suite kitchen. The Cottage (on its own separate lot) has 2 bedrooms, 1 full bath, kitchen, li

Details

MLS#MDMC660294
StyleHouse
Sub-TypeResale
StatusActive
Year1880
Days On Site1

Features

Bed(s)10
Bath(s) 7 Full, 1 Half
SQ Feet7,768
Acreage1.28

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Area Information

StateMD
CitySILVER SPRING
Zip Code20904
Community NameLANDFARE
School DistrictMONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary SchoolCANNON ROAD
Middle SchoolFRANCIS SCOTT KEY
High SchoolSPRINGBROOK
Listing VS Median (in LANDFARE)
Price:
$950,000
low | high
Med:
$519,000
95.368421052632% of Average
SqFt:
7,768
low | high
Med:
3,452
100% of Average
$ / SqFt:
$122
low | high
Med:
$150
27.063121302677% of Average
On Site:
1
low | high
Med:
5
20% of Average
Listing Updated: 05/24/2019
MLS Number: MDMC660294
Listing Provided By:
Susan K Kirn  of  Donna Kerr Group