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1345 Castle Rock Road
Trenton, GA 30752
$5,900,000
Conventional
Property
Bedroom
9
Bathroom
8
Property Type
Conventional
Square ft
6406
Property Description
Welcome to this incredible 843-acre estate nestled right where Alabama, Georgia, and Tennessee converge, boasting breathtaking natural beauty and timeless charm. Picture this: you're driving down a mile-long paved driveway, flanked by a classic white vinyl fence and trees bursting with blooms in spring and rich burgundy hues come fall, setting the scene for your journey. As you arrive, sweeping vistas of rolling fields and enchanting southern sunsets unfold before you, painting a scene straight out of a postcard. But the real magic happens when you explore further. With 4.5 miles of rugged bluffs overlooking Nickajack Lake and the Tennessee River, this estate is a nature lover's dream. And that's just the beginning. Imagine hosting events in the 100x100 custom barn, with its vaulted ceilings, crystal chandeliers, and tranquil lake views. Need a place to call home? Take your pick from three remarkable residences: The Manor House, a true masterpiece boasting four bedrooms, four full baths, overlooking the 2-acre lake; The Second House, offering three bedrooms, lake views, and ample garage space; and the Caretaker's House, a charming abode with two bedrooms and a carport. But wait, there's more! A large shop/garage with three roll-up bays and a vintage barn add to the allure of this extraordinary property, perfect for those seeking an unforgettable retreat in the heart of the South. Don't miss out on this once-in-a-lifetime opportunity to embrace nature and luxury in perfect harmony. Welcome to your new season of beauty and wonder.
Property Information
Lot Size
843 acre(s) square ft
Property Type
Residential
Year Built
--
MLS Number
1390308
Location
Address
1345 Castle Rock Road
City
Trenton
State
GA
Zip Code
30752
County
DADE
Listing
Provider
Century 21 BELLORA, original listing
Name
Century 21 BELLORA
Phone
(706) 657-3000
Office Name
Century 21 BELLORA
Office Phone
(706) 657-3000
Agent Name
Lora Poore

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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.

Free Foreclosure Listings

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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.