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1818 Valle Vista Place
San Luis Obispo, CA 93405
$3,250,000
Conventional
Property
Bedroom
6
Bathroom
5
Property Type
Conventional
Square ft
4989
Property Description
This remarkable property, now available for the first time on the market, encompasses over 3.5 acres in San Luis Obispo, offering an enchanting landscape featuring mature trees and awe-inspiring mountain views. With a total of 4989 sq ft, this single-level home provides a sense of solitude amidst its expansive surroundings. Serving as a family compound, it boasts abundant outdoor entertainment spaces, allowing you to revel in the wonders of wildlife and nature. Rarely does a custom home of this caliber become available. This home feels like a tranquil retreat nestled in nature. The main residence comprises of a total of 6 bedrooms 5 bathrooms and 3 car garage, offering ample space for comfortable living. There is an attached 1 bedroom, 1 bath adjacent to the garage provides versatility, suitable for guest quarters or an in-law suite. Upon entry, the inviting foyer leads to a formal living and dining area adorned with a fireplace. The well-appointed kitchen, is a chefs dream, features abundant storage, ample counter space, a gas cooktop, and a skylight that bathes the area in natural light. Adding to the convenience is a double oven. Connected to the kitchen is a cozy living area with its own fireplace and wet bar, complemented by a spacious bonus room. Beyond the family room, a substantial indoor patio area creates an inviting setting for entertaining, especially during chilly San Luis nights. The terraced backyard provides an ideal backdrop for gatherings with friends and family. The property also includes three outbuildings, offering endless possibilities. Notably, the property boasts a sizable barn measuring 32 feet by 60 feet and spanning 2 stories with a separate driveway. Within the barn, a well-appointed 2 bedroom, 3 bathroom apartment awaits. Furthermore, the barn features a generously oversized office space and workshop area with a bathroom and laundry hook ups. There's plenty of room for animals, and the solid foundation gives ample potential for improvement While it may require some modernizations and enhancements, it offers an exciting opportunity for customization to meet your specific preferences and creative personalization. This home provides a blank canvas for you to make it your own while delivering a sense of serenity—a retreat from city life while conveniently close to San Luis amenities. With abundant storage, generously sized rooms, and limitless possibilities, this property stands as a testament to flexibility and endless potential.
Property Information
Lot Size
158,994 sqft square ft
Property Type
Residential
Year Built
1980
MLS Number
SC24045250
Location
Address
1818 Valle Vista Place
City
San Luis Obispo
State
CA
Zip Code
93405
County
SAN LUIS OBISPO
Listing
Provider
Name
Sereno
Phone
(408) 335-1400
Office Name
Christie's International Real Estate Sereno
Office Phone
(805) 476-0104
Agent Name
Lindsey Harn

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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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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.