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71 Towhee Lane
Orleans, MA 02653
$11,750,000
Conventional
Property
Bedroom
5
Bathroom
8
Property Type
Conventional
Square ft
7539
Property Description
New 7300 sf Pleasant Bay estate on 1.2 acres built to the highest standards with top quality materials. The open floor plan features a LR with 18' of glass doors, a gas FP w/flanking built-ins and coffered ceiling, a DR w/ 12' slider, and a gourmet kitchen with granite counters, large island w/wine cooler, 2 sinks, 2 Bosch dw's, 48'' Wolf range w/double oven, a 48'' Sub-Zero fridge and a full size pantry. The 1st floor also includes the den and primary bedroom suite w/13' ceilings, luxurious bath and large walk in closet. The 2nd fl. has 3 bedroom suites with bay views, laundry, linen closet and an open loft area. 3 car garage w/lg suite above with a kitchenette and full bath. The walkout features a large entertainment area, kitchenette w/full-sized fridge, sink, DW and a full bath. The heated, salt water gunite pool with spa and autocover features a cabana with kitchenette, bath/changing room and an outdoor shower. The property includes a 1 of a kind renovated boathouse with panoramic views of the bay, kitchenette, bath, living room, oversized deck and stairs to the water to access your small boat, a private mooring for a larger boat and deeded beach access less than 1/4 mile away Property 71 Towhee Ln is a stunning residential property located in Orleans, Massachusetts. This magnificent home was built in the year 2024 and offers the epitome of luxurious living. Situated in a tranquil and picturesque neighborhood, this single-family home boasts a spacious and well-designed layout, providing ample room for relaxation and entertainment. The property encompasses a total of six bathrooms, ensuring convenience and comfort for the entire household. Additionally, there are two half bathrooms that offer additional convenience for guests and visitors. With a total finished area of 7,539 square feet, this residence is truly a grand masterpiece. Spanning across three stories, this dwelling provides a perfect balance of privacy and shared spaces. Each floor offers its own unique charm and purpose, creating a harmonious living environment for the occupants. The superior craftsmanship is evident throughout the entire home, with attention to detail and high-end finishes. The lot size of this property is an impressive 65,340 square feet, ensuring plenty of outdoor space for various activities and possibilities. The expansive yard is perfect for hosting gatherings, playing sports, or simply enjoying the serene beauty of the surrounding landscape. The well-manicured gardens and lush greenery create a welcoming and inviting atmosphere. Upon entering the home, one is greeted by a grand foyer that sets the tone for the rest of the residence. The open concept design seamlessly blends the living, dining, and kitchen areas, creating a spacious and versatile main floor. Large windows and glass doors allow an abundance of natural light to flood the interior, giving each room a warm and inviting ambiance. The kitchen is a chef's delight, featuring high-end appliances, custom cabinetry, and ample counter space. It is thoughtfully designed and equipped to handle any culinary endeavor. The adjacent dining area offers a perfect setting for formal dinners or casual meals with loved ones. The living area is a haven of comfort, with plush seating and a cozy fireplace as the focal point. This space is perfect for unwinding after a long day or hosting guests for a cozy gathering. The combination of high ceilings, tasteful decor, and quality finishes creates an atmosphere of elegance and sophistication. The upper levels of the home house the bedrooms, ensuring privacy and tranquility for everyone in the household. Each bedroom is generously sized, offering a peaceful retreat for relaxation. The master suite is a true sanctuary, featuring a luxurious en-suite bathroom and a spacious walk-in closet. The en-suite bathrooms throughout the home boast modern fixtures, sleek designs, and luxurious amenities, enhancing the overall sense of comfort and luxury. The lower level of the property is a versatile space that can be customized to suit the needs and preferences of the occupants. It can function as a home theater, game room, or even a personal gym. The possibilities are endless, making it the perfect space for entertainment and leisure activities. In addition to its remarkable features, this property is conveniently located near various amenities. Orleans, Massachusetts is known for its charming downtown area, offering a plethora of dining, shopping, and entertainment options. Residents can also enjoy close proximity to pristine beaches, nature trails, and recreational activities. In summary, property 71 Towhee Ln is a magnificent single-family home built in 2024 in Orleans, Massachusetts. With its six bathrooms and two half bathrooms, expansive finished area of 7,539 square feet, and three-story layout, this residence offers luxurious living at its finest. The spacious lot of 65,340 square feet provides a beautiful outdoor space, while the interior boasts high-end finishes, open-concept design, and ample natural light. Each room is thoughtfully designed to offer comfort and privacy, with the master suite serving as a true retreat. The lower level offers versatility for entertainment and leisure activities. This property is ideally located near amenities, making it the perfect place to call home.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2024
MLS Number
22400726
Location
Address
71 Towhee Lane
City
Orleans
State
MA
Zip Code
02653
County
BARNSTABLE
Listing
Provider
The Greene Realty Group, original listing
Name
The Greene Realty Group
Phone
(508) 517-4908
Office Name
The Greene Realty Group
Office Phone
(860) 560-1006
Agent Name
Derek Greene

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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.