Exceptional Investment Opportunity in Courtney Manor
Rare opportunity to complete a substantial custom estate in one of Lothian’s beautiful established estate-home communities. Situated on approximately 2.17 private acres, 5723 Courtney Drive offers more than 4,500 square feet above grade, three levels of living potential, and the opportunity for an investor, builder, or experienced renovator to create a truly impressive finished residence.
The home has been professionally gutted in preparation for renovation and is ready for the next owner to bring the vision to completion. This is not a teardown, the major infrastructure and structural components remain in place. The property features a new roof, existing windows, framing and layout, working HVAC system, electric, plumbing, well and septic, along with solid subflooring and an expansive unfinished basement offering additional future living space.
The kitchen and bathrooms have been removed, and the interior is ready for insulation, drywall, cabinetry, flooring, fixtures and finishes.
Located in a private enclave of estate homes with no HOA, the property offers the acreage, scale, privacy and setting increasingly difficult to find in the region. Previous features and layout include generous room sizes and a main-level primary suite, creating tremendous potential for a high-end finished product.
Excellent opportunity for an investor, builder or buyer seeking a custom renovation project. Potential After Repair Value may exceed $1,000,000 depending upon final scope, quality of finishes and future market conditions. Buyer to independently verify renovation costs, permits, square footage and potential value. Property is being sold strictly AS-IS.
Bring your contractor, your designer and your vision, much of the framework for an exceptional estate is already here.
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Listing Snapshot
Price
$750,000
Days On Site
2 Days
Bedrooms
5
Inside Area (SqFt)
4,566 sqft
Total Baths
4
Full Baths
3
Partial Baths
1
Lot Size
2.17 Acres
Year Built
2003
MLS Number
MDAA2158014
Status
Active
Property Tax
$12,279
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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