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104 Bouvant Drive
Princeton, NJ 08540
$2,988,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
5000
Property Description
A new Ave Roxa Home reimagined to capture contemporary design complemented by classic elements. This home situated on a 2-acre lot, was completely rebuilt by Bogy construction in 2024 and is approximately 5,000 sq. ft. with an additional partially finished basement. The landscape redesign in the front featuring strategically placed boulders, raised stone beds and the striking wide stone steps lead you to a very elegant solid wood front door; either side of which is flanked by metal columns that at night can be lit to become a beam of light to enhance the front. This thoughtfully designed home will give its homeowners the ability to enjoy the great outdoors both at the back with a wide 'infinity' deck; and in the front, even on rainy days, with the wide covered porch that runs the length of the home. Added to this you will realize that this stylish home excels in the many features that define modern day living. Upon entering the two-story foyer, the eye-catching three-story glass enclosed stone wall with its floating stair case captures the attention of the individual who seeks something that is extraordinary in design and its rendering! This dramatic stone wall becomes the back drop for all the other rooms on this floor that flow seamlessly into one another, and bring together the other two floors of the home. The first-floor features a full bedroom suite with an en-suite full bathroom, sitting room and a separate entrance, a kitchen equipped with Viking and Thermador appliances that is a delight to be in for the daily routine, or to accommodate any large get togethers, a family room area with a two-sided classic fireplace with the ornate mantle that is shared with a vaulted formal library. Added to that there is a second full bathroom, a half bath, a laundry room, a mud room space, and a large three car garage. The second floor features a main bedroom suite with a spacious balcony to enjoy perched up the great outdoors through the many changing seasons. The luxurious primary bathroom that is set to the rear of the home with windows overlooking the private yard. Off the main hallway there are two more bedrooms with full bathrooms. A bridge spans the foyer to access a fourth very large vaulted bedroom, with the option to serve as a multi-use space for a home office, studio or playroom. The basement has been partially finished in a style reminiscent of a Manhattan loft, with a gym/dance studio, a half bath and an entertainment space featuring a pool table and a classic wet bar. The new Bilco doors can be used as an easy access to the yard. A magnificent house to call home in the historic, university town of Princeton that offers, great schools, restaurants and arts.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Other
Year Built
2024
MLS Number
NJME2042898
Location
Address
104 BOUVANT DRIVE
City
PRINCETON
State
NJ
Zip Code
08540
County
MERCER-TRENTON (NORTH)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Princeton Home Marketing Cen
Office Phone
(609) 924-1600
Agent Name
Vani Uppal

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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.