NOT LISTED FOR SALE

40929 Falcon Way Leonardtown, MD 20650

Estimated Value: $686,000 - $798,000

3 Beds
5 Baths
3,712 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $730,000 $197 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,572/month

18 Days on Market

Highlights

  • Boat Ramp
  • 1 Boat Dock
  • Home fronts navigable water
  • Leonardtown Middle School Rated A-
  • Community Stables
  • Canoe or Kayak Water Access

About This Home

As of June 2024

Contingent with a kick out and still accepting showings! Welcome to 40929 Falcon Way, a picturesque brick cape cod nestled in the serene surroundings of Avenmar, one of Leonardtown's most coveted water access neighborhoods. Tucked away at the end of a long driveway, on a cul de sac street, this stunning home offers privacy and tranquility.
As you enter the estate community of Avenmar, you'll be greeted by its impressive amenities, including an equestrian center, community pool, volleyball and tennis courts, playground, and water access with dock and boat launch, along with kayak storage. The clubhouse, complete with guest quarters available for rent, ensures convenience and comfort for hosting out-of-town guests. All of the amenities are within walking distance to this home.
This beautiful home is situated on 3.42 acres, with a sprawling green front lawn and a backyard that backs to the woods, and offers a rare sense of sanctuary; only a short drive to Leonardtown where you'll find restaurants, coffee shops, and the popular Leonardtown Wharf.
Step through the front double doors into the 2-story foyer and discover a meticulously maintained home adorned with gleaming wide-plank maple hardwood floors, 10-foot ceilings, and stunning Williamsburg-style architecture. Each bedroom has an ensuite full bathroom, including the main floor owner's suite, all generously sized to accommodate large furniture with ease. Additionally, 2 flex rooms offer versatility, whether as additional sleeping quarters, a home office, or whatever suits your needs.
The kitchen was remodeled in 2021 and is a chef's delight, featuring custom cabinetry, a professional gas cooking stove, large pantry, a sprawling island, and separate coffee and wine bar, complete with its own wine refrigerator and water line—a coffee connoisseurs dream. Step outside onto the expansive deck spanning the entire back of the house, offering wide views of the forrest and a perfect spot for relaxation and watching nature. The spacious walkout basement has an expansive entertaining room, complete with a pool table and ample space for theater equipment. Outside the basement, a covered patio with a new 6-person Hot Springs saltwater hot tub awaits, alongside covered storage beneath the deck, ensuring a clutter-free living space. The spacious 2-car side-load garage includes a convenient workbench area - ideal for car enthusiasts or hobbies.
This home has been meticulously maintained and upgraded including a new architectural shingled roof (2021), a new furnace, new water heater, and brand new washer and dryer, providing peace of mind for years to come. Professionally landscaped grounds enhance the property's curb appeal, creating an inviting atmosphere. With a seamless blend of open-concept living and traditional charm, highlighted by refinished wood floors and plush new carpeting in the bedrooms, this wonderful home offers the perfect balance of warmth and sophistication. 40929 Falcon Way—a rare opportunity to own a piece of paradise in the heart of one of Leonardtown's most sought-after neighborhood. Schedule your private tour today and make this dream home yours!

Last Agent to Sell the Property

Sarah Mulford-Martin

(410) 279-6341 sarahmulford@mac.com EXP Realty, LLC License #648164 Listed on: 04/11/2024

EXP Realty, LLC

Last Buyer's Agent

Jessica Abad

(240) 925-4851 jessica.abad@c21nm.com CENTURY 21 New Millennium License #5004090

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,621

Year Built

  • Built in 1997 | Remodeled in 2021

Lot Details

  • 3.42 Acre Lot
  • Home fronts navigable water
  • Property is in excellent condition
  • Property is zoned RNC

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1.5 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Double Door Entry
  • Family Room Off Kitchen
  • Formal Dining Room
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Boat Ramp
  • 1 Boat Dock
  • Dock made with Treated Lumber
  • Lake Privileges

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 1903052605

Community Details

Overview

  • Association fees include pier/dock maintenance, pool(s)
  • Avenmar Community Association
  • Avenmar Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • 1 Community Docks
  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Fishing Allowed
  • Community Stables
  • Horse Trails
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,621

Year Built

Built in 1997 | Remodeled in 2021

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-04-12
  • Federal Flood Zone: No
  • Year Built: 1997
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Contingent with a kick out and still accepting showings! Welcome to 40929 Falcon Way, a picturesque brick cape cod nestled in the serene surroundings of Avenmar, one of Leonardtown's most coveted water access neighborhoods. Tucked away at the end of a long driveway, on a cul de sac street, this stunning home offers privacy and tranquility. As you enter the estate community of Avenmar, you'll be greeted by its impressive amenities, including an equestrian center, community pool, volleyball and tennis courts, playground, and water access with dock and boat launch, along with kayak storage. The clubhouse, complete with guest quarters available for rent, ensures convenience and comfort for hosting out-of-town guests. All of the amenities are within walking distance to this home. This beautiful home is situated on 3.42 acres, with a sprawling green front lawn and a backyard that backs to the woods, and offers a rare sense of sanctuary; only a short drive to Leonardtown where you'll find restaurants, coffee shops, and the popular Leonardtown Wharf. Step through the front double doors into the 2-story foyer and discover a meticulously maintained home adorned with gleaming wide-plank maple hardwood floors, 10-foot ceilings, and stunning Williamsburg-style architecture. Each bedroom has an ensuite full bathroom, including the main floor owner's suite, all generously sized to accommodate large furniture with ease. Additionally, 2 flex rooms offer versatility, whether as additional sleeping quarters, a home office, or whatever suits your needs. The kitchen was remodeled in 2021 and is a chef's delight, featuring custom cabinetry, a professional gas cooking stove, large pantry, a sprawling island, and separate coffee and wine bar, complete with its own wine refrigerator and water line—a coffee connoisseurs dream. Step outside onto the expansive deck spanning the entire back of the house, offering wide views of the forrest and a perfect spot for relaxation and watching nature. The spacious walkout basement has an expansive entertaining room, complete with a pool table and ample space for theater equipment. Outside the basement, a covered patio with a new 6-person Hot Springs saltwater hot tub awaits, alongside covered storage beneath the deck, ensuring a clutter-free living space. The spacious 2-car side-load garage includes a convenient workbench area - ideal for car enthusiasts or hobbies. This home has been meticulously maintained and upgraded including a new architectural shingled roof (2021), a new furnace, new water heater, and brand new washer and dryer, providing peace of mind for years to come. Professionally landscaped grounds enhance the property's curb appeal, creating an inviting atmosphere. With a seamless blend of open-concept living and traditional charm, highlighted by refinished wood floors and plush new carpeting in the bedrooms, this wonderful home offers the perfect balance of warmth and sophistication. 40929 Falcon Way—a rare opportunity to own a piece of paradise in the heart of one of Leonardtown's most sought-after neighborhood. Schedule your private tour today and make this dream home yours!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Commercial Range, Dishwasher, Dryer, Range Hood, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Carpet, Chair Railings, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Wine Storage, Wood Floors
  • Fireplace: No
  • Door Features: Double Entry
  • Foundation Details: Permanent
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3722
  • Living Area Sq Ft: 3712
  • Price Per Sq Ft: 290.61
  • Above Grade Finished Sq Ft: 2512
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 10
  • Total Below Grade Sq Ft: 1210
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40929

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access Features: Canoe/Kayak, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Breton Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Club House, Common Grounds, Horse Trails, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Riding/Stables, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance, Pool(s)
  • HOA Name: AVENMAR COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: ST. MARY'S COUNTY PUBLIC SCHOOLS
  • School District Key: 121138839208
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Horse Amenities: Horse Trails, Paddock, Stable(s)
  • Land Use Code: R
  • Lot Size Acres: 3.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 148975.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RNC
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4621.00
  • Assessor Parcel Number: 1903052605
  • Tax Lot: 66
  • Tax Total Finished Sq Ft: 3262
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/13/2024

MLS Schools

  • School District Name: ST. MARY'S COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jun 13, 2024
Sold by
Sturgess Beth B and Sturgess Anthony M
Bought by
Maddox Georgia Ann
Seller's Agent
Sarah Mulford-Martin
EXP Realty, LLC
Buyer's Agent
Jessica Abad
CENTURY 21 New Millennium
List Price
$730,000
Sold Price
$730,000
Views
194
Current Estimated Value
$742,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,307
Avg. Annual Appreciation
1.28%

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 26, 2021
Sold by
Hills Thomas W and Hills Kristine B
Bought by
Sturgess Beth B and Sturgess Anthony M
Seller's Agent
Sharon Cox
CENTURY 21 New Millennium
Buyer's Agent
Elizabeth Hicks
EXP Realty, LLC
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$290,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Shoop Darreld R and Shoop Patsy S
Bought by
Hills Thomas W and Hills Kristine B

Purchase Details

Closed on
Aug 20, 2001
Sold by
Davis Michael V
Bought by
Shoop Darreld R and Shoop Patsy S

Purchase Details

Closed on
May 29, 1997
Sold by
Davis Michael V
Bought by
Davis Michael V
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maddox Georgia Ann $730,000 None Listed On Document
Sturgess Beth B $540,000 Lighthouse Title
Hills Thomas W $470,000 --
Shoop Darreld R $350,000 --
Davis Michael V $37,519 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sturgess Beth B $290,000
Closed Hills Thomas W --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2024 06/13/24 Sold $730,000 0.0% $197 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $730,000 +35.2% $197 / Sq Ft
03/26/2021 03/26/21 Sold $540,000 -3.6% $159 / Sq Ft View Prior Sale
02/16/2021 02/16/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $560,000 -- $164 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,236 $538,400 $142,100 $396,300
2024 $5,236 $509,933 $0 $0
2023 $4,921 $481,467 $0 $0
2022 $4,765 $453,000 $142,100 $310,900
2021 $4,715 $448,267 $0 $0
2020 $4,665 $443,533 $0 $0
2019 $4,615 $438,800 $142,100 $296,700
2018 $4,613 $438,800 $142,100 $296,700
2017 $4,594 $438,800 $0 $0
2016 $4,437 $449,000 $0 $0
2015 $4,437 $441,667 $0 $0
2014 $4,437 $434,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSM2017864

Bright MLS

APN: 03-052605