Get unlimited digital access to baltimoresun.com. $0.99 for 4 weeks.
News Opinion

Edgewater waterfront rambler sells for $1.7 million

A rambler-style four-bedroom home on nearly two acres on the Edgewater waterfront sold in July for $1.7 million after being on the market for a week, according to the home's listing agent.

The 4,800-square-foot home at 238 Riverside Road overlooks Warehouse Creek, off the South River, and has its own boathouse on 211 feet of waterfront property.

Charlie Buckley, who sold the home for the owners, said the home's main selling points were its privacy and its expansive waterfront property line. Many homes in the area typically have around 50 or 60 feet of waterfront, while this property was several times that, he said.

"What was cool about this property is it was wide on the water," Buckley said. "It sold very quickly."

The home's features include a pool, ample outdoor decking, 51/2 bathrooms, and a large kitchen with slab granite counters, two dishwashers, a pantry, and an under-counter wine cooler. It also has a five-car garage.

Buckley said the sellers priced the home right and marketed it well. Buckley, who deals exclusively in waterfront homes in the Annapolis area, said values for such homes has plunged 35 percent since 2006.

The sellers, Michael and Andrea Zomber, bought the home in 2009 for $2 million, according to state property records. The new owner was not yet listed in the state's online property database.

Buckley said he believes that home sellers who have had properties on the market for more than six months probably haven't priced their homes correctly. He has about 50 waterfront properties he has listed for sale.

"The biggest mistake sellers are making is not pricing it to the current market," Buckley said. "There's actually a lot of buyers out there right now."

gus.sentementes@baltsun.com

twitter.com/gussent

Property Specs

Address: 238 Riverside Road, Edgewater 21037

Sale price: $1.7 million

Bedrooms: 4

Bathrooms: 51/2

Square footage: 4,811

Selling agent: Charlie Buckley, Waterfront Homes, waterfronthomes.org

  • Text BUSINESS to 70701 to get Baltimore Sun Business text alerts
  • Copyright © 2015, The Baltimore Sun
    Related Content
    • Baltimore dream homes
      Baltimore dream homes

      Dream Home takes readers into the houses of Baltimore area residents who have found their ideal home, whether it be a mansion, rowhouse or two-room cabin. Have you found your dream home? Tell us about it at homes@baltsun.com.

    • Baltimore's progress at risk
      Baltimore's progress at risk

      Mayor Stephanie Rawlings-Blake and other Baltimore leaders are mobilizing to fight some of the cuts in state aid to the city in Gov. Larry Hogan's budget. They're not alone among local leaders in objecting to the new governor's spending plan, but they have a strong argument that Baltimore is...

    • Baltimore school funding [Poll]
      Baltimore school funding [Poll]
    • Fund the student, not the college
      Fund the student, not the college

      President Obama's "America's College Promise" plan proposes to make the first two years of community college free to address a number of concerns: American competitiveness, inequality and the bad odds that less advantaged students face in obtaining good jobs.

    • Googling America's sex life
      Googling America's sex life

      Google knows my dress size and that I wear flats. It knows I do yoga, and it is always trying to sell me clothes to wear to class.

    • Improper race and religion references in Adnan Syed trial
      Improper race and religion references in Adnan Syed trial

      The trial that culminated in the 2000 conviction of Adnan Syed has been a hotly debated subject in recent weeks, largely because of the popular "Serial" podcast that examined the case. That debate will no doubt intensify in light of a brief that Mr. Syed's current counsel filed this month...

    Comments
    Loading