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40 Caveswood Ln, Owings Mills, MD, 21117

6beds
7baths
7,593sqft
$3,500,000
$461price/sqft
$23,217/moest. monthly cost
$928,680/yrincome needed

About This Home

ESSENCE Live authentically. A striking mid-century modern estate set on 3.69 acres in the coveted Caves Valley. Extraordinary views of Caves Valley Golf Course in the distance. Long horizontal lines and walls of glass dissolve the boundary between indoors and the cascading woodlands. Every space magnificently sited to capture the scenery. Enduring architecture for our times. Spaces that make you pause and want to be there. Covered walkways connect the wings of the house. Expansion without interruption. This breathtaking setting is optimized by the artistic footprint of the house that creates inviting courtyards which punctuate the landscape. Whether it's sunrise or sunset, choose your terrace. A very private and generous luxury guest suite exists on the first floor. It lives as two houses within one. Embrace the ease of a one level lifestyle. The finished lower level offers a multitude of functionality. Venture to the great outdoors... swim laps and grill under the stars. Shaded pergola and outdoor kitchen ideal for long summer evenings with fireflies and friends. Cultivate your existence. The art of uniting human and home. Listing does not include 1.066 acre lot LOCAL FLAVOR AND PROVISIONS John Brown Store, Graul's Market, and Wegmans. Favorite local dining at The Milton Inn, The Oregon Grill, The Valley Inn, Peerce's, The Butler Cabin, and The Filling Station. An exit north offers dining at Casa Mia’s, Manor Tavern, The Fill'Er-Up, Woodfire Kitchen and The Creamery Connection. Tap into local breweries, such as Inverness Brewing, Farmacy Brewing and Big Truck Farm Brewery. OUTINGS AND LEISURES If you love the outdoors, Soldiers Delight Natural Environment Area is a rare geological ecosystem with serpentine soil that was actively mined for chromite in the 19th century. Oregon Ridge Park is perfect for hiking and picnics. Plus, the park provides a beautiful fishing lake. The park also hosts events and concerts during the summer. Explore the NCR Trail. A 21-mile flat, crushed-stone trail open to hikers, bikers, and horses, it runs along the scenic Gunpowder Falls river. Prettyboy Reservoir is open to hiking, rowing, or paddle boating, bird watching, horseback riding and nature photography year-round, and for archery hunting during a regulated season. Go tubing on the Gunpowder River. Enjoy Ladew Topiary Gardens... these gardens are 22 acres of spectacular, award-winning gardens, more than 100 remarkable topiaries, a mile-long Nature Walk, and native Butterfly House. Explore The Manor Mill, a pre-revolutionary grist mill that now houses a wide variety of art and entertainment events. Tee off at Caves Valley Golf Club, Hunt Valley Country Club or Hayfields Country Club. Visit The National Lacrosse Hall of Fame and Museum which honors the history and legends in the sport. PROXIMITY Zippy access to the I-83 on ramp, about 18 minutes to Hunt Valley, and about 22 minutes to Towson. Approximately 41 minutes to BWI and 22 minutes to Penn Station. REGION Owings Mills is home to the Under Armour Performance Center, which serves as the official year-round training camp and practice facility for the Baltimore Ravens. It is where players train, the team is headquartered, and football operations happen.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
10
BikeSomewhat Bikeable

Schools

4/10
3/10
Pikesville Middle SchoolGrades 6-84.1 mi
2/10
Owings Mills High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Other
  • Construction materials: Stone,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 1829

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2
  • Main level bathrooms: 6
  • Main level bedrooms: 5

Features

  • Number of fireplaces: 4
  • Fireplace features: Gas/Propane
  • Fireplace: Yes
  • Finished area below ground: 1,241
  • Finished area above ground: 6,352

Heating & Cooling

  • Heating features: Other,Propane
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 8,181
  • Total interior livable area: 7,593 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 04041600005548
  • Zoning: RESIDENTIAL
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated,Salt Water,Private

Lot

  • Lot size: 3.85 Acres
  • Lot size dimensions: 5.00 x

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Front,Detached,Driveway,Other
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Hurricane
Inland Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,697$212,364
Home Insurance *$1,106$13,272
Property Taxes $3,447$41,364
Electricity $967$11,608
Total$23,217$278,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$796,011/yr
40% on housing$696,510/yr
45% on housing$619,120/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$461This listing

vs Other Active Listings

Avg $/sqft

ZIP 21117$200
Baltimore County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 21117$206
Baltimore County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Listed for sale$3,500,000

For Sale by Agent

AgentHeidi Krauss
BrokerageKrauss Real Property Brokerage

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