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2757 Windsor Boulevard
Cambria, CA 93428
$3,500,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2104
Property Description
Smart, top of the line detailing makes this a Must See home!! This beautiful oceanfront home sits on a serene bluff overlooking Otter Cove and the west edge of Fiscalini Ranch Preserve in the quaint village of Cambria, Ca! The home has been completely remodeled with a Craftsman eye for details, and the finest finishes and appliances that will impress the most discerning of eyes. The courtyard entry begins the intimate feel leading to your immaculate new home on the beach where you can watch otters frolic day after day. The open living area and master bedroom each open to new Ipe hardwood decks that lead down to landscaped back yard, all providing your own window on the Pacific Ocean. The custom beamed ceilings add elegance and spaciousness. Designed with privacy in mind, hear the sounds of the ocean as you lay in bed and watch the magnificent sunset from your living room or private decks. Three bedrooms and three bathrooms, open kitchen, dining and living in a plan that provides privacy for each bedroom. All new custom alder doors, cabinets and trim, wood floors, top of line Marvin windows, new 50 year roof, new skylights--you will need to see the list of amenities in listing supplements to appreciate the choices of the owners and their contractor. Enviro whole house water purification, FAU with air purification, environmentally sensitive products have been incorporated throughout. The landscaping has been groomed to provide more views and privacy. Plenty of parking with the brick and concrete driveway and 2 car garage, just about 60 feet from entrance to +/- 400 acres of Fiscalini Ranch for hours of ocean front or forest walks. The home also has a coveted vacation rental license, though it has not been rented since the remodel. Be sure to see the "360" virtual walk through. Call your REALTOR today to arrange a private showing. Thank you!
Property Information
Lot Size
5,450 sqft square ft
Property Type
Residential
Year Built
1985
MLS Number
SC24075491
Location
Address
2757 Windsor Boulevard
City
Cambria
State
CA
Zip Code
93428
County
SAN LUIS OBISPO
Listing
Provider
The Real Estate Company of Cambria, original listing
Name
The Real Estate Company of Cambria
Phone
(805) 909-9707
Office Name
The Real Estate Company of Cambria
Office Phone
(805) 927-3200
Agent Name
Bruce Koontz

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.