Description

Exceptional Lakefront Rehab Opportunity in Columbia's Desirable Owen Brown Community | Attention investors, developers, flippers, and buyers seeking a substantial value-add opportunity. Located at the end of a townhome group and overlooking picturesque Lake Elkhorn, this property offers tremendous upside in one of Columbia's most sought-after locations. This is being sold as an opportunity for experienced buyers to transform a spacious property into a highly desirable residence or income-producing asset. The home features an expansive floor plan with generously sized bedrooms; three full bathrooms plus a convenient half bath, and a rare above-grade lower level with natural light and an additional bonus bedroom. The flexible layout provides endless possibilities for redesign and modernization while maximizing future value. One of the property's standout features is its exceptional setting overlooking Lake Elkhorn; Columbia's largest lake, known for its scenic walking trails, parkland, and tranquil waterfront views. The end-of-group location provides added privacy, additional natural light, and enhanced curb appeal. Lake Elkhorn features approximately two miles of walking trails surrounding the lake, along with park amenities, picnic areas, and recreational opportunities. For investors, the income potential is compelling. A nearby home on the same street was recently rented for $3,500 per month, demonstrating strong rental demand in this established Columbia neighborhood. With the right improvements, this property presents an attractive buy-and-hold investment opportunity with significant equity growth potential. The location offers convenient access to everything that makes Columbia one of Maryland's premier communities. Just minutes away are Downtown Columbia, The Mall in Columbia, the vibrant Merriweather District, Merriweather Post Pavilion, Whole Foods Market, numerous dining and shopping destinations, major commuter routes, and Columbia's extensive network of trails, parks, and recreational amenities. Residents enjoy access to Columbia's renowned community resources, including lakes, parks, and miles of walking and biking paths.
Opportunities to acquire a lake-view property with this amount of square footage and upside potential are increasingly rare. Bring your vision, contractor, and creativity; this is your chance to unlock substantial value in an exceptional Columbia location. **There are virtually enhanced images in this listing**