404 E Timonium Rd, Lutherville Timonium, MD 21093

Property Description

MULTIPLE OFFERS RECEIVED. Best & Final Offers due by Sunday, September 27th at 8:00 PM. Rare builder and renovation opportunity in the coveted Pot Spring neighborhood of Timonium. Situated on approximately 1.10 acres, this classic brick ranch offers the combination experienced investors look for: a substantial lot, an established residential setting, strong surrounding property values, limited neighborhood turnover, and significant potential to create a high end finished home. The existing residence contains approximately 2,389 square feet above grade per public record, plus an enclosed sun porch and additional rear enclosed space. The home requires a complete renovation and is being sold strictly as is. The seller will make no repairs. For a home builder, flipper, or renovation investor, this is an opportunity to take a solid 1950s brick home and completely reimagine it for today’s luxury buyer. The existing architecture could lend itself beautifully to a sophisticated modern farmhouse inspired renovation, expanded kitchen and great room, substantial primary suite, redesigned floor plan, large scale windows and doors, and seamless indoor outdoor living. The expansive, level lot provides considerable room to explore an addition or expansion of the existing residence, subject to Baltimore County approvals and buyer due diligence. The property backs to the Villa Maria campus and Baltimore County parkland, creating an unusually open rear setting and a level of privacy that is difficult to reproduce in an established Timonium neighborhood. Location is a major part of the investment story. Pot Spring is a desirable, established community with limited turnover, convenient to Pine Ridge Golf Course, Loch Raven Reservoir, trails, recreation, shopping, dining, and major commuter routes. Opportunities to acquire more than an acre in this setting are increasingly uncommon. This is not a cosmetic renovation. It is a true value add real estate opportunity for a sophisticated buyer with the vision and resources to execute a comprehensive renovation and capitalize on the location, lot size, setting, and neighborhood demand. Property is being sold strictly as is. Seller will make no repairs. Buyers are responsible for independently verifying square footage, property condition, zoning, permits, expansion potential, utilities, and all aspects of their intended renovation or redevelopment plans.This is an as-is sale. All inspections are for buyer's informational purposes only.