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127 Oaks Boulevard
Bay Saint Louis, MS 39520
$749,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
2734
Property Description
The raised coastal home located on a serene cul-de-sac offers an ideal location for the homeowner who is looking for a peaceful living, but nearby the town's main attractions. Below the home is covered space with over 2300 sq. feet of parking and 10.5 feet of height clearance allowing you to park your vehicles, boats or Class A and some B or C motorhomes; this space can accommodate all of it. This space also offers shaded coverage for entertaining and large gatherings. This over one-half acre property has its own wooded area. Enter the house thru a grand covered porch with double glass doors. The mid-level foyer offers your first glimpse of the spacious open floor plan. All rooms have 10-foot ceilings and solid 8-foot doors. The sizable dining room opens invitingly to the center island Kitchen and great room which features built in cabinetry, top of the line heatilator fireplace, and a beverage center. The beverage center services the dining room, the living room, card area or the covered porch. The rear stairs from the porch to the ground level can accommodate a grill. From below, you can re-enter the house thru a large, enclosed area with stairway back to the main level. This area with its own heating source can be used as a game room or other recreation. The spacious kitchen features a generous central island with convenient eating space, a Bosch gas cooktop, a quiet Bosch dishwasher, a wall oven with microwave, pantry, ample cabinetry, and a glass door China cabinet. The kitchen door accesses the covered porch. All bedrooms have their own private bathroom with walk in closets. There is a half bath to service guests. The master retreat has a dramatic ceiling and is roomy enough for a sitting area along with three spacious closets. A door accesses the covered porch directly. The master bath has his and her vanities, large walk-in shower and a relaxing soaking tub. The three large LED vanity mirrors are round dual light frameless with a anti-fog feature. Inside and outside iron railing is hand crafted and designed by a local artisan. The house plan has a dedicated area for an elevator, if desired. 2,734 conditioned sq. feet. Also, all windows are impact windows or tempered glass. Safe room in downstairs area all heated and cooled space below. The sensational lot is over 1/2 acre contains woods to the back. This beautiful new construction will not last long in this desirable location in Bay St. Louis vacant and ready to move in !
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2023
MLS Number
4065898
Location
Address
127 Oaks Boulevard
City
Bay Saint Louis
State
MS
Zip Code
39520
County
HANCOCK
Listing
Provider
Owen & Co., LLC Real Estate, original listing
Name
Owen & Co., LLC Real Estate
Phone
(228) 760-2815
Office Name
Owen & Co., LLC
Office Phone
(228) 760-2815
Agent Name
Sherry L Owen

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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.