Home for Sale at 312 EAGLE HILL ROAD, PASADENA, MD 21122

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312 Eagle Hill Road
Pasadena, MD 21122

Andrew Schweigman with Douglas Realty LLC, original listing - (866) 987-3937

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Property Details

List Price:	$1,350,000
Beds:	5
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	3850 Square Feet
Agency:	Douglas Realty LLC
Agency Phone:	(866) 987-3937

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1997
Notes:	Discover luxury waterfront living in this stunning 5-bedroom, 3.5-bathroom home, setting a new standard for elegance and comfort. Boasting 4,288 square feet of impeccable living space, this property offers an enriching lifestyle for those who value both sophistication and relaxation.<br /> <br /> Step inside to a welcoming foyer that leads to an expansive open-plan living area, intricately designed to blend functionality with aesthetics. The heart of this home is the gourmet kitchen complete with a wet bar, perfect for entertaining guests or enjoying a quiet evening with family. Adjacent to the kitchen, the living room, featuring a cozy fireplace and direct access to the two-story deck, provides breathtaking views of the waterfront, ensuring every day feels like a vacation.<br /> <br /> The primary bedroom is a retreat of its own with ample space, natural light, and a private ensuite. The additional bedrooms are equally spacious, with plenty of room for sleep, study, and play.<br /> <br /> Outside, indulge in the luxury of your own backyard oasis featuring a sparkling pool, a stylish fire pit area, and a sprawling deck that overlooks the serene waters. The three-car garage offers ample storage and protects your vehicles from the elements.<br /> <br /> Situated in a tranquil, prestigious neighborhood, this home combines privacy with accessibility, offering a peaceful escape just moments from daily conveniences.<br /> <br /> This property doesn’t just offer a home; it offers a lifestyle. Ideal for those who dream of tranquil days by the water and enchanting evenings under the stars. Your lakeside luxury living awaits!
MlsNumber:	--
ListingId:	MDAA2109426

Listing Provided By:	Douglas Realty LLC, original listing
Phone:	(866) 987-3937
Office Phone:	(866) 987-3937
Agent Name:	Andrew Schweigman
Disclaimer:	Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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