Record Sale at 5818 Madaket Road
More than a year ago, Cara had the pleasure of meeting the owners of 5818 Madaket Road, an exquisite end-unit townhome situated in the highly sought-after neighborhood of Carlton Place in Bethesda. Anticipating their future relocation plans, the owners turned to Cara to craft a well-thought-out plan relying on her expertise and extensive familiarity with the area. This strategic approach allowed ample time to secure a new home while tactfully timing the sale of their current one.
In the fall, the owners discovered their dream home in a new city, but it would not be available until June. Eager to remain in Bethesda until their new home was ready, Cara recognized the opportunity this presented and collaborated with the sellers to maximize the time between homes. Together, they arranged for a captivating exterior photoshoot, making use of the picturesque fall foliage. With careful consideration, they strategically launched the home for sale in mid-April, capitalizing on the optimal spring market.
Our results spoke volumes about the effectiveness of our approach. The home was listed on a Thursday, and by Monday, we had already scheduled three pre-offer inspections. By Wednesday, we received three offers, each accompanied by escalation clauses—a testament to the desirability of the property. Originally listed at $1,749,500, we shattered expectations by selling the home for $1,950,818, exceeding the asking price by over $200,000. This remarkable achievement not only secured a swift and lucrative sale for our sellers, but also set a new record in the community. Remarkably, the previous record was held by our sellers themselves when they purchased the home for $1,510,000 in July 2020.
The journey of 5818 Madaket Road exemplifies how strategic planning, effective marketing, and expert guidance can culminate in record-breaking success. Cara's collaboration with the sellers and our team's profound understanding of the Carlton Place neighborhood were pivotal in securing a swift and profitable sale. We take immense pride in the fact that we were instrumental in helping our sellers surpass their real estate goals. Whether you are in the market to buy or sell, we are ready to leverage our invaluable knowledge and assist you in achieving your real estate goals.