PRICE REDUCTION!!! SPARROWS POINT / LYNCH POINT | WATER VIEW RAISED RANCHER | 3BD / 2BA POTENTIAL | OVERSIZED 2-CAR GARAGE | CORNER LOT (NOT IN MLS)
Sold Sight Unseen-No Access until we have a ratified contract with the buyer
PROPERTY OVERVIEW
Located in the Lynch Point community, directly across from Lynch Point Community Park with an unobstructed water view.
Raised rancher situated on a corner lot with excellent curb appeal, an oversized 2-car garage and additional finished living space.
Tax records reflect approximately 720 square feet above grade and 720 square feet below grade.
Additional unrecorded finished areas include a reported 100 square foot living room bump-out and an approximately 12 by 24 foot enclosed finished breezeway or bonus room connecting the home to the garage.
Based on these additional areas, the home appears to offer approximately 1,100 square feet of above-grade finished footprint plus approximately 720 square feet below grade. Buyer to independently verify all measurements and finished square footage.
MAIN LEVEL
Currently configured with 2 bedrooms, 1 full bathroom, living area and kitchen.
Approximately 100 square foot living room expansion provides additional usable living space.
Existing enclosed breezeway has been finished into an approximately 288 square foot bonus room connecting the home to the garage.
Small Trex deck and attractive curb appeal add to the property's existing appeal.
LOWER LEVEL
Approximately 720 square feet with potential to create additional finished family or recreation space.
Opportunity to add a third bedroom with proper egress and a second full bathroom, subject to layout feasibility, permitting and applicable code requirements.
Potential to create a renovated 3 bedroom, 2 bathroom home without requiring a large structural addition.
UPDATES AND MAJOR SYSTEMS
Roof, HVAC, windows and siding reportedly replaced within approximately the last 15 years.
200 amp electrical service.
Very clean existing condition.
Buyer should independently verify the age, condition and remaining useful life of major systems.
GARAGE AND PROPERTY FEATURES
Oversized 2-car garage with approximately 10-foot ceilings.
Excellent potential for vehicle storage, workshop use, hobbies or additional utility for a contractor or small-business owner.
Unobstructed water view across the street.
Directly across from Lynch Point Community Park.
Corner lot, finished breezeway, living room expansion and small Trex deck.
Combination of water views, park frontage and substantial garage space provides distinctive owner-occupant resale appeal.
COMPARABLE SALES AND ARV SUPPORT
Strong outdated and unrenovated comparable at 3118 Lynch Road, sold for 303924 in April 2026. The property featured 3 bedrooms, 1.5 bathrooms and approximately 1,215 square feet. Its dated condition supports the established value of older Lynch Point properties.
Strong renovated comparable at 3109 Green Hill Road, sold for 355000 in May 2025 following a complete renovation. The property featured 3 bedrooms, 2 full bathrooms and a finished lower level despite having only approximately 832 square feet above grade.
The Green Hill Road sale provides a renovation model for converting the subject into a 3 bedroom, 2 bathroom home with additional finished living space.
Estimated ARV of 355000 is supported by the renovated comparable, with the subject's water view, park location, oversized garage and additional finished areas providing potential resale advantages.
Final value will depend on renovation quality, verified square footage, permitted living areas and the feasibility of the proposed lower-level bedroom and bathroom.
LOCATION AND RESALE APPEAL
Located in the established Lynch Point residential community in the broader Sparrows Point and Edgemere area.
Directly across from Lynch Point Community Park with an unobstructed water view.
Combination of water views, park setting, corner lot, oversized garage and potential renovated 3 bedroom, 2 bathroom layout offers a distinctive resale opportunity.
INVESTMENT NUMBERS
Purchase Price: 197500
Estimated Renovation: 65000
Total Purchase and Renovation Basis: 270000
Estimated ARV: 355000
Estimated Gross Spread Before Closing Costs, Holding Costs, Financing, Selling Expenses and Other Costs: 85000
DEADLINES AND CLOSING
Final and best offers due Tuesday, November 3, 2026, at 9:00 AM through the MarketPro website.
Scheduled closing date: Monday, December 28, 2026.
Proof of funds and LLC documentation must be uploaded for the offer to be considered.
Property access is not available until a contract with a buyer has been ratified. A walkthrough will then be coordinated.
Craig can assist with questions regarding available pictures or video.
Text DEALSDMV to 91074 to opt in to deal alerts. Text STOP to end. Message and data rates may apply.
IMPORTANT TRANSACTION NOTES
Seller of equitable interest only. Property is not owned by the assignor. Transaction involves a contract for the sale of equitable interest.
Property is currently under contract to MarketPro Homebuyers. Any transaction will be completed through an assignment of the MarketPro contract.
Do not visit the property, trespass, contact the sellers or remarket the property without consent from MarketPro.
Buyers must perform their own due diligence and independently verify property condition, square footage, permitted use, renovation costs and projected values.
Buyers are responsible for property cleanout and all closing costs.
Unauthorized seller contact may be considered interference with a contract and may result in legal action.
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ARV $355,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $254,000.