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956 Falling Star Road
Victor, MT 59875
$3,195,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3270
Property Description
Nestled among the pines, on a sprawling 116± acres, this custom-built post and beam home in Victor offers a unique blend of rustic charm and refined elegance. Equipped with one of the best producing wells in the valley and situated against the stunning backdrop of the Bitterroot Mountains, this property epitomizes tranquility and seclusion. Surrounded by Forest Service land to the north and west, and conservation easement land to the south, this home ensures uninterrupted panoramic views of its breathtaking natural surroundings. Boasting 3,270 Sq. Ft. of living space, the residence features meticulous craftsmanship with intricate wood detailing, king log trusses, and a harmonious fusion of ceramic and wood flooring that maximizes in-floor radiant heating. Step through the geometrically designed entrance into the main level, where vaulted cathedral ceilings and expansive windows invite abundant natural light and passive solar heating while showcasing vistas of the Bitterroot Valley. The main floor's centerpiece is a magnificent sandstone Tulikivi fireplace, creating a cozy ambiance in the living and main floor bedroom. The chef's kitchen is a culinary delight, outfitted with cherry wood cabinets, forest green Silestone countertops, an island with an eating bar, and a generous sized pantry. The primary suite, conveniently located on the main level, offers a lavish retreat with a spa-like bathroom featuring a custom-tiled shower, dual vanities, and spacious walk-in closets. The walkout lower level extends the living space with a sizable living room, an additional bedroom, and a third non-conforming bedroom, or den, complemented by a convenient kitchenette for guests' comfort. complemented by a convenient kitchenette for guests' comfort. Outside the main floor is a sprawling deck with an awning that provides an idyllic setting for outdoor entertaining while soaking in the breathtaking views. The property also features 2 small ponds and apple, pear and cherry trees. Recent updates include a freshly painted exterior stucco, newly sealed posts and beams, and a new roof, ensuring the home's impeccable condition. Complete with a comprehensive fire suppression system with a 400 gallon cistern, this property seamlessly integrates rustic elegance with modern amenities and security, offering an unparalleled retreat in the heart of the Montana wilderness.
Property Information
Lot Size
115 acre(s) square ft
Property Type
Residential
Year Built
2009
MLS Number
30020600
Location
Address
956 Falling Star Road
City
Victor
State
MT
Zip Code
59875
County
RAVALLI
Listing
Provider
Engel & Volkers Western Frontier, original listing
Name
Engel & Volkers Western Frontier
Phone
(406) 926-3322
Office Name
Engel & Völkers Western Frontier - Missoula
Office Phone
(406) 926-3322
Agent Name
Dawn Maddux

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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.