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$2,469,000   Price Analysis
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11516 Swains Lock Ter
Potomac, MD 20854
8 bed 8 bath 8,933 SqFt ($276/SqFt)
2.0 acre lot. Built 2000
Listed 2024-05-22, HOA $134, Taxes $22,378
Ⓧ USDA Ineligible
due to price & location

near Potomac

Welcome to 11516 Swains Lock Terrace

The most captivating home in Potomac! This magnificent stone and brick estate proudly sits on a sprawling 2-acre lot in a tranquil, cherry tree-lined cul-de-sac in Potomac, MD. Luxuriously renovated, this residence offers a harmonious blend of elegance, comfort and convenience. As you enter the grand foyer, you'll be greeted by soaring ceilings and bright porcelain tiles that flow seamlessly into the new gourmet kitchen, featuring top-of-the-line Thermador appliances. The grand circular staircase makes a striking first impression, leading to the second and third levels adorned with newly installed hardwood f looring. With 8 oversized ensuite bedrooms, this home provides ample space for everyone. The main-level bedroom is perfect for guests or extended family. The chefs dream kitchen boasts new quartz countertops, a large center island and an adjoining bright morning room.

Enjoy your morning coffee or evening relaxation in the adjoning screened-in porch. This home is designed for opulent entertaining. The bright, walk-out lower level offers additional living and entertainment space, featuring a brand-new bar/kitchenette, ideal for hosting gatherings. The lower-level family room, with its large stone fireplace, creates a cozy and inviting atmosphere. A second laundry room on this level adds convenience. Outside, the meticulously designed landscape and hardscape include a fenced-in deep blue Gunite pool, reminiscent of Lake Como, surrounded by mature landscaping and mountain boulders. The screened-in porch, new deck and electric awning are perfect for summer gatherings, comfortably accommodating up to 100 guests. A new roof, six skylights and a generator provide added comfort, security and peace of mind. Located in a highly desirable neighborhood, this property offers easy access to top-rated Potomac Elementary, upscale shopping, fine dining and a variety of recreational activities along the Potomac River and the CandO Canal towpath. With its serene setting and extensive amenities, 11516 Swains Lock Terrace is the perfect place to call home. Don't miss your chance to own this exceptional property. Schedule a tour today to experience its beauty and charm firsthand!


Presented by Toni Gage at
EXIT ESSENTIALS REALTY.
Listing Agent Photo

Property MLS #MDMC2133184 from BrightMLS

Bedrooms: 8

Total Bathrooms: 8
Full Bathrooms: 7
1/2 Bathrooms: 1

Basement

Cooling Features: Heat Pump(s), Multi Units
Heating Features: Energy Star Heating System, Central, 90% Forced Air
Heating: Yes

Lot Size Acres: 2.0
Lot Size Square Feet: 87120

Garage Spaces: 3
Garage Features: Garage - Side Entry, Inside Access, Oversized, Additional Storage Area
Parking Features: Attached Garage Spaces: 3, Attached Garage, Driveway, On Street
Parking Total: 3

Association: Yes
Association Fee: 1606
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 134

Elementary School: POTOMAC
High School: WINSTON CHURCHILL
Middle School: HERBERT HOOVER
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Potomac Elementary School is a public elementary school located approximately 1.6 miles away.
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Herbert Hoover Middle School is a public middle school located approximately 3.2 miles away.
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Winston Churchill High School is a public high school located approximately 3.5 miles away.
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Manor Montessori School-Bethesda is a private elementary school located approximately 1.8 miles away.
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Manor Montessori School-Rockville is a private elementary school located approximately 1.8 miles away.
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Annual Tax Amount: 23854.0
Source Listing Status: Active
County: MONTGOMERY
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: MONTGOMERY
Source Neighborhood: SADDLE RIDGE
Postal Code Plus 4: 1200
Subdivision: SADDLE RIDGE
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$1,904,000
$22,378
2021$1,193,100 + $665,500
$1,858,600
$21,797
2020$1,193,100 + $665,500
$1,858,600
$21,771
2019$1,193,100 + $665,500
$1,858,600
$21,742
2018$1,209,900 + $665,500
$1,875,400
$21,956
2017$1,209,900 + $665,500
$1,875,400
$22,335
2016$1,370,900 + $605,000
$1,975,900
$22,456
2016$1,209,900 + $665,500
$1,875,400
$22,090
2015$unknown + $unknown
$1,913,167
$21,935
2014$unknown + $unknown
$1,850,433
$21,385
2012$unknown + $unknown
$1,787,700
$20,268
2011$unknown + $unknown
$1,787,700
$19,460
2010$unknown + $unknown
$1,787,700
$18,955
2009$unknown + $unknown
$1,959,810
$20,741
2008$unknown + $unknown
$1,959,810
$14,483

Listed 2024-05-22
$2,469,000
BrightMLS
Listing removed 2024-05-20
$0
BrightMLS
Relisted 2024-05-11
$2,299,000
BrightMLS
Listing removed 2024-05-08
$0
BrightMLS
Relisted 2024-04-24
$2,299,000
BrightMLS
Listing removed 2024-03-23
$0
BrightMLS
Listed 2024-02-24
$2,299,000
BrightMLS
Sold 2017-04-25
$2,000,000
Public Record
Sold 2003-10-31
$1,665,000
Public Record
Sold 2000-12-27
$1,312,423
Public Record
Sold 1999-03-31
$4,500,000
Public Record
Sold 1994-08-26
$2,300,000
Public Record

Year Built: 2000
Above Grade Finished Area: 6433
BelowGradeFinishedArea: 2500
Below Grade Unfinished Area: 300
Construction Materials: Stone, Brick
Property Age: 24
Levels or Stories: 4
Structure Type: Detached
House Style: Colonial
Total Area Sqft: 9233
Total Below Grade Area: 2800
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.