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Backup Offers

10408 Democracy Blvd, Potomac, MD, 20854

$2,000,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
6 Full Baths, 3 Partial
9,000 SqFt
$222/SqFt
House

Location

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10408 Democracy Blvd, Potomac$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Side Entry, Circular Driveway, Attached Garage
Garage3 spaces
Year Built1981
HeatingForced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceMantel(s), Stone, Marble
MLS #MDMC2149082
Lot Size2.00 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 10408 Democracy Blvd

Presenting a rare opportunity to own this magnificent custom-built residence, nestled among prestigious homes in one of Potomac's most sought-after neighborhoods. This estate, on the market for the first time, offers the perfect canvas to update and create the home of your dreams. Every detail of this stately residence reflects exceptional craftsmanship and thoughtful design. A stunning marble foyer with a soaring two-story ceiling and a sweeping split staircase welcomes you inside, setting the tone for over 9,000 square feet of elegant living space. Ideal for grand entertaining and comfortable everyday living, the home boasts spacious formal living and dining rooms and a great room with vaulted skylight ceiling that floods the space with natural light. The main-level primary suite is a private retreat with a dressing room, two walk-in closets, and two luxurious en-suite baths, including a soaking tub, a walk-in shower, and water closet. Upstairs, you'll find five additional generously sized bedrooms, while the lower level offers a guest suite and abundant amenities. The fully finished walk-out lower level with 9-foot trey ceilings includes a family room, recreation and billiards rooms, second laundry room, full bath, and sauna bath with a jetted tub. Sitting on 2 acres of lush land, the outdoor spaces are equally impressive, with a large deck, patios, and swimming pool for your enjoyment. The dual gated entry, circular driveway, and three-car garage add to the estate's grandeur and privacy. While this home awaits your modern touch, its incredible scale, style, and timeless architecture present an unparalleled opportunity to create a truly spectacular residence.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Mediterranean
  • Year Built: 1981
  • Stories: 3
  • Living Area: 9,000 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 304-8444
  • Listing Agent: Michael J Matese

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Oven, Cooktop, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Flooring Type: Wood, Tile/Brick
  • Interior: Bathroom - Jetted Tub, Built-Ins, Crown Moldings, Double/Dual Staircase, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Walk-in Closet(s), Wood Floors
  • Fireplace: Mantel(s), Stone, Marble

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage - Side Entry, Circular Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: 10408 Democracy Blvd has 2 entrances, gates will be open

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $18,616
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2149082

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 304-8444
  • Listing Agent: Michael J Matese

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$18,616$1,673,000
2020$18,310$1,673,000
2018$18,442$1,685,200

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-928359
10
/10
  • Potomac Elementary School

  • 10311 River Rd

  • 0.97 miles

  • Public Magnet Grades KG-5

school-card-donut-928360
9
/10
  • Bells Mill Elementary School

  • 8225 Bells Mill Rd

  • 1.53 miles

  • Public District Grades PK-5

school-card-donut-928361
9
/10
  • Wayside Elementary School

  • 10011 Glen Rd

  • 1.60 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $195,313. Typical income of Montgomery County, MD residents is $200k+ annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10408 Democracy Blvd

What is the listing price of this property?

The listing price of 10408 Democracy Blvd property is $2,000,000.

What type of property is this?

The property 10408 Democracy Blvd is a house located in Potomac, Maryland, 20854.

Is this property for sale now?

Accepting Backup Offers: 10408 Democracy Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,616 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 10408 Democracy Blvd has 7 bedrooms and 6 full and 3 half bathrooms.

What is the square footage of this property?

The property 10408 Democracy Blvd is 9,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10408 Democracy Blvd is 1981.

Rocket Homes›Maryland›Montgomery County›Potomac›20854›10408 Democracy Blvd

This home is located at 10408 Democracy Blvd in Potomac, MD and zip code 20854 in the Potomac neighborhood. This 9,000 square foot home, which was built in 1981, sits on a 2.00 acre lot. Features: 7 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $2,000,000.

Montgomery County, MD housing market in October 2024 saw over 340 listings sold above listed price, more than 214 sold at listed price and over 226 sold below. Between September 2024 and October 2024, Montgomery County, MD real estate market has seen increase in the number of listings by 13.9%. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $606,055.

From Rocket Homes Real Estate and based on county public records data.

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