2300 FORMOSA AVE

About this home

BACK ON MARKET- BUYER"S FINANCING FELL THROUGH. 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!