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Market Monday - Vol.7

I'm excited to introduce the new price for 639 Water Street in Friendsville, MD , also known as The Riverside Hotel. This listing is full of exciting new opportunities! Check out the video and scroll through this blog to learn more!

Market Monday Stats

May 13-20, 2019

  • 440 Residential Properties on the Market (up 50 from last month)

  • 34 New Homes Listed (up 12 from last month)

  • 6 Homes Sold (the same as last month)

  • 3 Homes were Withdrawn, Cancelled, or Expired from the market (up 4 from last month)

  • 13 More Homes are now pending settlement (down 2 from last month)

  • The average close price of homes that sold last week was $268,750 (down $64,083 from last month)

  • The homes that sold last week got an average of 95% of their list price (up 4% from last month)

  • The homes that sold last week were on the market for 195 average days (up 24 days from last month)

By now, I should expect a rainy spring... but my goodness, we've been getting our fair share! So when the sun came out, we took full advantage and only got caught in one short rain storm... Is there anything better than a spontaneous boat day at Deep Creek Lake? I hope you got to enjoy the sunshine too!

New Price!

639 Water Street, Friendsville, MD 21531 - The Riverside Hotel >> Available for just $249,000

Imagine the possibilities at your river front bed and breakfast or hotel! 1 minute from interstate 68, tucked away on beautiful Water Street, with access to the Youghiogheny River.

4 private guest suites with kitchenettes or spaces for kitchenettes. 3 of the 4 suites offer river views. 1 has a propane fireplace. 1 has a clawfoot tub. An attached apartment is the perfect space for a live in owner or operator, are a 5th suite with a huge living space, private kitchen, separate entrances, pellet stove fireplace and 2 bedrooms. Prepare decadent meals or simply feed a crowd from the well equipped commercial kitchen. A ramp entrance on the side and specially outfitted half bath from one of two common areas offers inclusivity.

Take in the river views from the gorgeous covered porch. The mountains are calling, with stunning views from the fenced in back yard. Whether you're looking for a riverfront home in the mountains or an excellent business opportunity, you MUST see the Riverside Hotel!

*Information gathered from BrightMLS®️ It is believed to be accurate but is not guaranteed

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