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19017 Ranch Club Boulevard
Groveland, FL 34736
$1,400,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
4225
Property Description
Embrace the tranquility offered by this renovated masterpiece. A tree-lined brick paved driveway welcomes you home each day to your 6.8 acre estate. Enter in through the double doors, imported from Mexico, and your breath will be taken away by the sheer beauty of the view through the newly installed hurricane slider doors of the rear entrance. Included in that view is the newly installed, custom designed saltwater pool to which the owner spared no expense. Heat the entire pool, or just the jacuzzi that lies beneath. Spark the ambiance in the evening by igniting both gas operated torches. A custom built gazebo plus a custom built outdoor kitchen and bar sets the perfect tone for entertainment. All of this is perfectly positioned under the 3500 square foot lanai with bar-less screens, being sure to not take away from the view of your land and the amazing sunsets that submerge it from this angle. The interior boasts the same elegance, fully equipped with your very own theatre room offering raised seating, a full bathroom (that doubles as a pool bath), and surround sound that has the option to be heard throughout the home. The kitchen excerpts a luxury experience equipped with an Italian imported gas burning range, a deluxe coffee/expresso/latte maker that can remember your personalized taste, newer appliances, copper sink, pot filler, granite countertops, and an abundance of storage with pull outs and soft close doors. After renovations, the main living area is now fully open, offering plenty of space without obstruction. The main focal point being the marble covered fireplace with a matching, custom cut, back-lit marble wall piece. An office/den sits in the front of the home, and overlooks the landscaped front yard and fountain feature. The West wing of the home is your Primary Suite. This suite includes an attached room that can be used as an office, siting area, or exercise nook and has a private entrance to the lanai. A hidden door opens up to a huge closet, once used as a safe room, with newly installed built-ins for the most avid shoppers. The primary bathroom aims to please with an ample sized centered jet tub. The current owners removed four obstructive pillars in this room, so that it has more of a desirable flow into the walk-through shower, equipped with two shower heads. Each side of the bathroom acts as "his & her" dedicated sinks and lengthy counter space. The additional two bedrooms are located on the far opposite side of the home and are separated by shared bathroom. This home operates on (fully paid off) solar panels generating very low electric bills. The main home features a 3 car side-loading garage, while the added building offers an additional 2 car garage. On top of the garage spaces in the outbuilding is a room that has been started with a guest suite in mind. The plumbing is in place, and a split unit has already been installed. The gated community offers lake access via a private boat ramp for residents. A true gem is waiting for you, do yourself a favor and schedule a private showing today! Oh, and BRING YOUR HORSES!
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
2010
MLS Number
G5080083
Location
Address
19017 RANCH CLUB BOULEVARD
City
GROVELAND
State
FL
Zip Code
34736
County
LAKE (SOUTH)
Listing
Provider
Optima One Realty, Inc, original listing
Name
Optima One Realty, Inc
Phone
(352) 243-6784
Office Name
OPTIMA ONE REALTY, INC.
Office Phone
(352) 243-6784
Agent Name
Tony Stanley

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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.