3029 Ramblewood Rd, Ellicott City, MD 21042

Property Description

PLEASE SUBMIT ALL OFFERS NO LATER THAN 6:00 PM ON TUESDAY, JUNE 9. THE SELLERS WILL REVIEW ALL OFFERS ON WEDNESDAY AFTERNOON AND WILL RESPOND AS SOON AS POSSIBLE THEREAFTER. This solidly built stone rancher, located in an established and convenient neighborhood, presents an outstanding opportunity for a buyer ready to bring their own vision, updates, and personal touches to a home with tremendous potential. With “good bones” and a price that reflects the work needed, this property offers the chance to create value while designing the home the way you want it, rather than paying for someone else’s choices in finishes and renovations. With imagination and the right contractor, this could truly become your dream home. Situated on a beautiful one-half acre lot, the property offers plenty of outdoor space for gardening, entertaining, recreation, or simply enjoying the peaceful setting. The main level features three bedrooms, while the lower level includes an additional finished room that could easily function as a possible fourth bedroom, depending on your needs. And while the home is ready for cosmetic updating, several major improvements have already been completed within approximately the past 5-7 years, including the roof, owned solar panels, windows, kitchen appliances, and more—providing a strong foundation for future improvements. The opportunity for value creation is significant. Based on recent sales activity in the area, buyers who complete thoughtful renovations may find substantial upside potential. Fully updated homes with similar characteristics have recently commanded significantly higher prices, and the property's after-repair value (ARV) could reasonably fall in the mid- $700,000 range, depending on the scope and quality of the improvements completed. Buyers are encouraged to review recent sales of renovated comparable homes to better understand the property's potential. Conveniently located near shopping, restaurants, and everyday conveniences, the home also offers easy access to commuter routes to both Washington and Baltimore, making it an ideal location for commuters. The combination of accessibility and neighborhood setting adds significant value and appeal to the property. Sold strictly as-is and seeking a quick settlement. The square footage shown in the tax records is incorrect and should not be relied upon. The accurate measurements are reflected in the attached drawings.