Home for Sale at 5046 GAITHERS CHANCE Drive, CLARKSVILLE, MD 21029

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5046 Gaithers Chance Drive
Clarksville, MD 21029

Anne Herrera-Franklin with Monument Sotheby's International Realty, original listing - (443) 746-2090

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Property Details

List Price:	$2,150,000
Beds:	4
Baths:	Full: 4, ½: 1
Status:	Active
SqFt:	6527 Square Feet
Agency:	Monument Sotheby's International Realty
Agency Phone:	(443) 746-2090

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential-Other
Year Built:	2018
Notes:	Just what you have been waiting for! A stunning 6,000+ Sq Ft custom home in sought after Clarksville, River Hill High School District. Built by award-winning Mitchell & Best, this exceptional custom residence offers over 6,000 sq ft of elegant living space on a serene 1.3-acre lot-just minutes from Route 32 yet perfectly private. Step inside to an impressive arched foyer entry, soaring ceilings, and beautiful upgraded wood floors. The open floor plan features spacious formal living and dining rooms, plus a first-floor study with French doors. The gourmet kitchen is a chef's dream, showcasing stainless steel appliances including a 6-burner Thermador cooktop, built-in refrigerator, walk-in pantry, large center island, and a bright eating area surrounded by windows overlooking the picturesque property. The adjoining family room offers a gas fireplace with stone surround, while the unique sunroom-filled with natural light-opens through triple French doors to the expansive rear stone patio. Outdoor living shines with extensive hardscaping, a gas grill hookup, and a peaceful setting ideal for entertaining or relaxation. A covered front porch and secondary front entry lead to a large mudroom/gathering area with two oversized closets. Upstairs, the home features four generously sized bedrooms, three full baths, and a charming open reading nook. The luxurious owner's suite boasts a tray ceiling, spa-like bath, and a spacious walk-in closet. A convenient second-floor laundry room adds to the ease of day-to-day living. The finished lower level includes a full bath, walkout stairway, and abundant storage-with potential for a future bedroom, theatre room, or gym. Additional highlights include a full-house generator and a three-car side-entry garage. This extraordinary property blends craftsmanship, comfort, and convenience in one of Clarksville's most desirable locations. A rare opportunity-don't miss it!
MlsNumber:	--
ListingId:	MDHW2062232

Listing Provided By:	Monument Sotheby's International Realty, original listing
Phone:	(443) 746-2090
Office Phone:	(443) 746-2090
Agent Name:	Anne Herrera-Franklin
Disclaimer:	Copyright © 2026 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.

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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.

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