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466 Stone
Canon, GA 30520
$795,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4100
Property Description
*Sellers will contribute $15,000 towards buyer's closing cost or a rate buy down with preferred lender on accepted offer*. (Tract 2) Welcome to Walnut Knoll Farm! Tucked away on 20 pastoral acres in the gently rolling piedmont hills of Hart County Georgia is a farm estate that boasts unsurpassed charm & striking elegance that sets it apart. This ethereal setting encompasses a meandering fence-lined drive culminating at open pasturelands, buffered by beautiful hardwoods for added privacy & natural wetlands that could be converted into a pond. Simply said, this private oasis is a true slice of paradise. A working Alpaca farm, this well-maintained opportunity boasts all the needed infrastructure to continue its current use or to serve other livestock such as; horses, goats, sheep, etc. Just a few notable appointments include two custom barns, three livestock shelters, and multiple water spigots that fed from the bored well to service the multitude of fenced pastures. Most of the energy needs supplied to the home/farm are provided by a state-of-the-art solar panel system. This gracious property emanates light, peaceful serenity & is deserving of a stately home to relish the compelling grounds. This vision came to fruition with the stunning 4100 sqft statement home that is the true heartbeat of this property. Absolutely pristine, it is quite evident that the Sellers went above & beyond to present a fresh home. Boasting new designers-choice interior paint, new luxury vinyl flooring throughout, several updated mechanical systems & spray foam insulation in the attic for added energy savings are just a few standout highlights. This sprawling design features expansive living areas to ensure comfortable, year-round enjoyment. Once inside, youll be taken aback by the grand, airy atmosphere comprised of a formal living room that seamlessly flows to both the formal dining & great room. A true entertainers dream, the massive great room is adorned with lofty vaulted ceilings, custom built-ins and a centralized fireplace setting the stage for hosting guests. The open kitchen concept continues to allow the home chef to interact with guests as they whip up a sumptuous feast. Recently upgraded with sparkling granite counters adding that extra flare, boast custom cabinets, new wine cooler & new stove/oven the kitchen is well-equipped & ready to serve. A rare find, this immaculate home offers a complete in-law suite connected by the community dining hall in the West wing. A private haven of its own, this living quarter addition hosts a separate great room, also boasting vaulted ceilings, built-ins & fireplace, with a full kitchen packed with all the expected amenities just around the corner. Additionally, this secondary home is complete with a spacious bedroom offering a large closet, ensuite full bath including laundry & even boasts a private covered deck. Spanning the rear of the home, are 2 accessory bedrooms, each with direct access to a full bath, offers ample closet space & ceiling fan light fixtures. Travel up the stairs to the magnificent owners suite. Graced with Palladian windows, palatial vaulted ceilings, balcony perspective & an exclusive covered porch, this dedicated retreat presents breathtaking territorial views & glowing natural light highlighting the upgraded appointments. This suite continues to impress with a fireplace and a lavish full bath complete with whirlpool tub. Masterfully crafted to ensure year-round outdoor living opportunities, this home expands to the exterior with a graciously sized screened porch opening to an oversized rear deck, just adding to its overall appeal. Although this private sanctuary feels worlds away, it still provides a convenient location between Royston & Hartwell; & is only 12mi away from Lake Hartwell activities. Whether you've been yearning for the farm life or seeking your own private retreat Walnut Knoll Farm is calling you home.
Property Information
Lot Size
20 acre(s) square ft
Property Type
Residential
Year Built
1988
MLS Number
10203122
Location
Address
466 Stone
City
Canon
State
GA
Zip Code
30520
County
FRANKLIN
Listing
Provider
Athens Partners Realty LLC, original listing
Name
Athens Partners Realty LLC
Phone
(706) 316-2900
Office Name
Keller Williams Greater Athens
Office Phone
(706) 316-2900
Agent Name
Heys Wade

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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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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.