Home for Sale at 7834 MOUNTAIN LAUREL ROAD, BOONSBORO, MD 21713

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7834 Mountain Laurel Road
Boonsboro, MD 21713

John Ippolito with Redfin Corp, original listing - (301) 658-6186

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Property Details

List Price:	$579,000
Beds:	3
Baths:	Full: 3
Status:	Active
SqFt:	2672 Square Feet
Agency:	Redfin Corp
Agency Phone:	(301) 658-6186

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1991
Notes:	Welcome to your dream retreat! This spacious 3-bedroom, 3-bathroom home offers the perfect blend of comfort, charm, and functionality—all set on a beautifully cleared 1.42-acre lot with stunning mountain views and a peaceful country backdrop.<br /> <br /> The main level welcomes you with an open country-style eat-in kitchen, and a bright, inviting living area. Three bedrooms and two full bathrooms provide ample space Step outside to enjoy sunsets from the deck or relax on the spacious patio just off the lower-level walkout.<br /> <br /> Downstairs, the fully finished basement is an entertainer’s dream! It features a custom stone wall, built-in bar, cozy recreation room, a second family room, a gorgeous full bathroom, and a potential fourth bedroom—perfect for game days, movie nights, or overnight guests. You’ll also find a large workshop area with built-in storage cabinets for hobbies or crafts.<br /> <br /> The oversized two-car garage includes plenty of space for tools or a workshop. From the garage, step into a nearly 200 sq ft climate-controlled bonus room—ideal for a home office or studio, with access to both the garage and the deck.<br /> <br /> Outside, enjoy manicured landscaping, a fully fenced chicken/turkey coop, and a carport ready for your RV or outdoor toys. With a three-year-old roof, backing to woods and a farm, and only 5 minutes to I-70 and local parks, this location offers both convenience and serenity.<br /> <br /> Close to shopping, dining, and town—yet tucked away in a private country setting—this is a rare find you won’t want to miss. Come see it before it's gone!
MlsNumber:	--
ListingId:	MDWA2028076

Listing Provided By:	Redfin Corp, original listing
Phone:	(240) 297-4525
Office Phone:	(301) 658-6186
Agent Name:	John Ippolito
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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