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12328 Palmer Drive
Moorpark, CA 93021
$2,600,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
5846
Property Description
Discover luxury living in this highly desirable Santa Barbara floor plan nestled within the prestigious Country Club Estates. Situated in a private gated community, this residence boasts captivating views, surrounded by a 27-hole championship golf course.Custom solid wood entry doors make a bold statement from the moment you arrive. Step into elegance through a grand formal entry adorned with dual wrought iron staircases, setting the tone for the sophistication that awaits. The open formal dining room offers a commanding view of the pool and panoramic mountain views.The fully remodeled and reconfigured gourmet kitchen is a chefs dream, featuring upgraded European style solid wood cabinets that reach the ceiling, waterfall quartz countertops, two Delta Touch2O Technology Faucets, and top-of-the-line Viking appliances. Full double-sized Sub Zero refrigerator and freezer, a plumbed-in Miele coffee station, pot filler, and dual Miele dishwashers cater to the most discerning chef. A 6-burner gas cooktop with grill and skillet, warming drawer, prep sink, and a walk-in pantry, complete with a wine cooler, adds a touch of opulence.The backyard is a resort-like oasis on an expansive lot exceeding 30,000 sq ft, featuring a detached pool house with its own bathroom, outdoor shower, built in Traeger smoker and separate Lynx bbq, beach entry pebble tech pool and spa, a mesmerizing waterfall, and a thrilling water slide, built in sound system spanning the entire backyard- a paradise for both relaxation and entertainment. In addition, there is a removable Guardian Pool fence. This resort style yard includes a putting green, water feature, large built in Earthstone pizza oven, two firepits, multiple sitting and entertainment areas with built in heaters, a wood burning fireplace, full RV access and an additional play area. The upstairs master bedroom is a private sanctuary with a built-in cabinet and refrigerator, fireplace, and a patio that beckons relaxation. Each of the additional four spacious bedrooms come with its own en suite bathroom, in addition to a private upstairs office. The interior enhancements include smooth ceilings, base and crown molding, recessed lighting, and updated engineered wood floors throughout the first floor. The recently updated American Vision Windows provide both aesthetic appeal and energy efficiency. In addition to new windows, this home doubles down with its custom wood plantation shutters, silk and linen roman shades and drapery to give this home its privacy and elegance. Downstairs the billiard room features luxurious travertine and is warmed by one of the home's three fireplaces and unique Pinky's steel doors that enter into the stone-walled wine room. Stay comfortable, efficient and save money all year-round with a new 5-ton AC system, complemented by two additional AC units making up the home's 3 zone climate control with each zone controlled by a Nest Learning Thermostat. An electric winch on the entry custom chandelier is an extra for added convenience. This home also contains a 46 panel solar system as well as a Tesla home charger station. This residence transcends the ordinary - a must-see blend of architectural elegance, modern luxury, and unparalleled amenities.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2005
MLS Number
224000804
Location
Address
12328 Palmer Drive
City
Moorpark
State
CA
Zip Code
93021
County
VENTURA
Listing
Provider
eXp Realty of California Inc., original listing
Name
eXp Realty of California Inc.
Phone
(888) 584-9427 xx119
Office Name
EXP Realty of California Inc
Office Phone
(888) 584-9427
Agent Name
Kyle T Thorsen

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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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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.