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2 Indian Creek Road
Augusta, GA 30909
$1,999,900
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
5002
Property Description
Azalea Cottage: A Historic Gem in Rockbrook Nestled within the prestigious Rockbrook neighborhood, just a stone's throw away from the renowned Augusta National Golf Club, stands Azalea Cottage, a timeless testament to Southern elegance and architectural heritage. This 5,002 square foot home offers four bedrooms and four-and-a-half bathrooms. Originally located at 2240 Walton Way beside the Church of the Good Shepherd, this historic residence, known affectionately as Azalea Cottage, was built circa 1813, with an enlargement in 1917 that retained the integrity of the Sand Hills Cottage architecture native to the region. In 1970, Azalea Cottage found itself in a new setting, relocated to a serene acre of land - 2 Indian Creek Road. Stepping through the doors of Azalea Cottage is akin to stepping back in time, where every detail reflects a bygone era. The interior decor, meticulously designed and curated by Brittany Cason Interior Design, boasts a harmonious fusion of Georgian and Federal styles, seamlessly complementing the home's period charm. A standout piece, an antique from 1814 sourced from New Orleans, commands attention in the living room, around which the renovation was orchestrated. This stately residence offers four private suites, including a luxurious owner's suite on the main level, complete with dual walk-in closets and a gas log fireplace. The kitchen, a focal point for gatherings, is a timeless design with modern amenities including Carrera marble counters, dual fuel range, ice machine, wine fridge, and beverage fridge. Designed to echo its original layout, the kitchen is discreetly tucked away yet offers seamless access to the outdoor kitchen, meticulously crafted by Fireside Kitchen & Grills. The exterior of Azalea Cottage is equally enchanting, with beautifully landscaped grounds featuring herringbone brick walkways, outdoor lighting, and a circular gas log fire pit, perfect for alfresco entertaining. The back addition, constructed with heart pine salvaged from local lumber companies, exudes rustic charm and provides inviting spaces for relaxation and conversation. This estate is perfect for a local family or as a Masters Rental, set up for both alike. Enteraining flows seamlessly throughout the home with outdoor and indoor spaces. Beyond its architectural splendor, Azalea Cottage is a testament to preservation and stewardship. Having been bestowed upon its current owner in 2020, with the promise of safeguarding its heritage, this historic gem has undergone an extensive restoration, ensuring its legacy for generations to come. With every detail lovingly restored and preserved, Azalea Cottage stands as a timeless reminder of Augusta's rich history and architectural grandeur, awaiting its next discerning steward to pen the next chapter of its storied legacy.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1813
MLS Number
526684
Location
Address
2 INDIAN CREEK Road
City
Augusta
State
GA
Zip Code
30909
County
RICHMOND
Listing
Provider
Meybohm Realtors, original listing
Name
Meybohm Realtors
Phone
(706) 738-4663
Office Name
Meybohm Real Estate - Wheeler
Office Phone
(706) 736-3375
Agent Name
The Stone Team

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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.