CALLING ALL INVESTORS! Banks loss your gain! Do not miss this rare, OFF MARKET deeply discounted foreclosure offering in sought after Solomons Landing!  Dust it off and make it your own, flip it for big profits, or add to your rental portfolio for immediate equity, great return and positive cash flow. The property is priced to sell in AS-IS condition.  This 3 bed 2 bath condo is an excellent opportunity, needs minimal work (cosmetic repairs). Placed in an amenity-rich, gated waterfront community overlooking the waters of Back Creek, offering the best of marina living, minutes to the Chesapeake Bay, and a short walk to the charming town of Solomons Island. Community amenities include a pool, new tennis court, putting green, marina, pavilion, picnic area, walking trails, playground, and more! A rare 25 foot deeded boat slip conveys with the unit!  You'll find comps below, ARV IS $425,000+/- making this a high-potential investment you won't want to miss. Act fast and secure this deal today! Call us now!

Asking Price: $310,000

Property details: 

• Condominium 2nd level
• 🛏️ 3 beds + 2 full baths
• 🏠 Square Footage: 1,630 
• 🔨 Year Built: 2007
• 🔑 Vacant

Sales Comps:

• 303 Driftwood Ln #303, Solomons, MD 20688 (SOLD $464,500 08/09/24)
• 303 Driftwood Ln Solomons, MD 20688 (PENDING $440,000) 
• 354 Driftwood Ln Solomons, MD 20688 (PENDING $410,000) 
• 371 Driftwood Lane Solomons, MD 20688 (SOLD $416,500 3/18/24)
• 1351 Schooner Loop Solomons, MD 20688 (SOLD $389,000 8/25/23) 

Rental Comps: 

• 921 Spinnaker Way Solomons, MD 20688 (RENTED $2,400 8/16/24)
• 352 Driftwood Lane Solomons, MD 20688 (RENTED $2,450 2/1/24)

Important Notes and Disclaimers:

• Sold strictly AS-IS
• No inspection or financing contingencies
• Cash/Hard Money/Private Money only
• Sale Subject to Court Ratification 
• $19,000 non-refundable EMD to be posted within 24 hours of contract ratification
• Buyer pays all closing costs 
• Settlement at Lawyer’s Edge Title in Dunkirk, Maryland 
• ALL information provided as a courtesy, Buyer to perform all due diligence
• Allow 48 hours to review all offers
• END BUYERS ONLY. NO JOINT VENTURES OR DAISY CHAINS. DO NOT ASK!

Offers: 

• Deal goes to highest and best offer.
• No showings or offers accepted without Proof of Funds
• Text or call Carl @ (443) 770-3011
• e-mail: info@hometeamcb.com

 NOT FOR PUBLIC DISTRIBUTION. PRIVATE COMMUNICATION ONLY