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2304 FORMOSA AVENUE

House For Sale
$1,049,900

BTC: 15.98843363

ETH: 417.26281318

New
5 bds
4 ba
3,402 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Brand-New Construction with Income-Generating Potential! Separate 1/1 ADU Over Garage with Covered Carport! Welcome to your stunning new home, where everything is fresh, modern, and ready for you to move in—no need for renovations when you can enjoy a custom-built, brand-new residence! This exceptional property, located in the heart of sought-after College Park, offers the perfect blend of luxury, functionality, and additional income potential. Step into the expansive Great Room and gourmet Kitchen, thoughtfully designed to accommodate both daily living and entertaining. The well-appointed Kitchen boasts sleek Quartz countertops, 36" cooktop with separate wall/microwave/oven, and high-end Stainless Steel appliances, offering everything the modern chef could desire. The Primary Suite is conveniently located on the main floor, featuring a spacious bathroom with elegant finishes and a generously sized walk-in closet. Upstairs, you’ll find three more large bedrooms, each with its own walk-in closet, plus a versatile Loft space (27x16), perfect for a second living area, home office, or playroom. But that’s not all—this property comes with a fantastic opportunity for income potential! The separate 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) above the garage has its own private entrance, complete full kitchen. Ideal for generating rental income, hosting guests, or creating a cozy home office, this space gives you the chance to build equity while collecting rent! Additional conveniences include an upstairs laundry room, a two-car garage, and a covered carport for extra parking. This home is designed to provide both comfort and style, while also offering the opportunity to earn rental income. Don't miss your chance to live on The Drive, one of College Park’s most vibrant streets. Schedule your private showing today and experience the best of modern living in this incredible new home! Photos are of staged model next door with similar finishes.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
2024
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$309
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Porcelain Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: French Doors

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 142229362801092

    • Zoning: R-2A/T/W

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $4,418

  • Source details

    • MLS ID: O6251025

    Other facts

    • Construction Materials: Block / Stucco / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room / Upper Level / Washer Hookup

    • Patio And Porch Features: Covered / Rear Porch

    • Direction Faces: East

    • Other Structures: Guest House

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 3402

    • Water Source: Public

    • Subdivision Name: HILLCREST HEIGHTS 2ND ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX EXCLUSIVE COLLECTION