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2928 Sanctuary Circle
Lakeland, FL 33803
$2,500,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
4053
Property Description
EVERY LITTLE DETAIL of this spectactular home speaks of the thought and preparation that went into its design from the very beginning and has remained over the years. From the moment you approach the curb appeal is superior and the landscape design and maintenance is second to none. The custom iron gates leading into the interior courtyard entry invoke a measure of calm to your anticipation. One can enter the home from this private courtyard through three sets of double doors, the central of which leads to the main living area. Step inside and notice the finely honed travertine stone flooring, the 12ft coffered ceiling, electric fireplace, built-in display space and a view that is second to none in the area. This great room opens completely to the chef’s kitchen with its 48” Wolf Dual Fuel Range, built-in SubZero refrigerator/freezer plus an array of appliances to inspire the chef in all of us. There is also a built-in wetbar and serving buffet / Butler's Pantry that will make entertaining a breeze along with a host of extras that you will delight in discovering for yourself. The formal dining room will easily hold a table to seat 10 to 12 with space to spare without that “stuffy and overdone” feeling. Directly adjacent to the main entry is an alcove with more display shelves leading to the oversize private office/study, which is one of the rooms that opens to the central courtyard, but again we will leave you to discover the wonder of this space for yourself! Next you can explore the ultra-elegant and private main bedroom suite with and delight in the level of luxury it affords. From the breathtaking pool, water, golf course views to the elegance of the en-suite bathroom with dual vanities, dual closets, jetted soaking tub and full dual head shower with a full wall of glass block to allow natural light but maintain privacy. Bedrooms 2 & 3 comprise their own wing and each boasts a walk-in closet and private en-suite bathroom. Each suite designed to pamper and provide ample space for the occupant. Opening to the pool and lanai area is the Florida Room with its gas fireplace, tongue & groove wood ceiling, dual ceiling fans but best of all this space can be used with the doors opened to the lanai when entertaining and living space for daily living. The oversize pool area encompasses the entire back width of the home and boasts travertine pavers all around, a complete summer kitchen with built-in gas grill, beverage cooler, pizza oven, pot cooker station, large stainless steel farm sink and giant island . . . . can’t you just picture your first pool party! The pool itself has a beach shelf, spa and iron fencing all around but nothing to block the incredible water and golf course views beyond. The list of extras for this property is extensive and includes a few items seldom seen in this area such as power rolldown hurricane shutters, exterior mosquito mist system, air-conditioned garage and golf cart storage and so much more. Once you've seen this incredible home others will pale in comparison!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2015
MLS Number
L4943594
Location
Address
2928 SANCTUARY CIRCLE
City
LAKELAND
State
FL
Zip Code
33803
County
POLK (NORTH)
Listing
Provider
PREMIER REALTY NETWORK, INC., original listing
Name
PREMIER REALTY NETWORK, INC.
Phone
(863) 646-6688
Office Name
PREMIER REALTY NETWORK, INC
Office Phone
(863) 646-6688
Agent Name
Jeri Thom

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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.