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Fawn Hill
Lexington, NY 12452
$2,400,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
5853
Property Description
Imagine the quintessential Catskill retreat, a charming, rustic mountain getaway offering peace, tranquility, and a connection with nature. It’s a place where you can escape from the hustle and bustle of daily life & immerse yourself in the natural beauty of the region. Welcome to Fawn Hill, your very own 5 bedroom, 5.5 bath quintessential custom-built retreat nestled on 5 private acres in the Catskill Mountains. With a sprawling 5853sqft of living space & its custom timber frame construction, this home exudes a rustic charm that perfectly complements the natural beauty of the surrounding area. The open concept design & large windows allow for plenty of natural light and breathtaking views. The exposed timber beams & vaulted ceilings add to the overall charm & character of the home. Located between Windham & Hunter Mountain, this destination offers convenient access to a plethora of outdoor activities, whether it be hiking through the picturesque trails, indulging in fly fishing or perfecting your golf swing. And with its proximity to the resorts, this area becomes an ideal choice for skiers, snowboarders, and all those who have a deep love for the great outdoors. This stunning home offers standout features such as an outdoor kitchen and a 1600sqft deck for hosting gatherings and enjoying the seasons. It also includes a sauna and in-ground pool for ultimate relaxation, along with a theater for added entertainment for family & friends. Wine enthusiasts will appreciate the walk-in wine cellar, while car lovers will benefit from the three-car attached garage, which offers additional unfinished living space that looks over the pool area. This space would make for a separate in-law/guest suite or office (not included in the total sqft of the home). The gourmet kitchen is a chef's dream, equipped with high-end appliances & finishes. The focal point of the living area is a magnificent 27ft stoned double-sided fireplace, creating a cozy ambiance to enjoy both in and outdoors. The primary bedroom in this luxurious home is designed for both comfort & convenience. Located conveniently on the main level, it features an ensuite bathroom for added privacy and comfort. French doors lead out to the back deck, providing a seamless connection between indoor and outdoor living spaces. Inside, you will find a spacious walk-in closet, providing ample storage for your belongings. A luxury high-end bathroom with vanity provides a comfortable & stylish haven for relaxation & rejuvenation. Three bedrooms on the second level each have their own private ensuite bathrooms, providing convenience and comfort. The finished basement features a high ceiling of 9.5 feet, creating a spacious, open atmosphere. In this area, there is a fifth bedroom, perfect for accommodating guests. Furthermore, the basement has a walk-out access to the backyard, providing a convenient entrance and exit point for outdoor activities or gatherings. The use of structurally insulated panels ensures energy efficiency & durability, while the insulated concrete forms foundation block adds strength & stability to the home. Radiant heat floors offer a cozy and efficient heating solution, while the wide plank white oak, marble, and slate floors add a touch of elegance & durability to the interior. Triple glaze windows provide excellent insulation, reduces noise pollution and enhances energy efficiency. Additionally, the generator ensures uninterrupted power supply, giving homeowners peace of mind. Overall, this structurally sound home combines quality craftsmanship, energy efficiency, and elegant finishes to create a truly remarkable living space. With an understanding you may have specific preferences/requirements when it comes to the plans and finishes of a home, the builder is open to negotiating the price if there are alterations. Interested buyers are encourage to reach out and discuss their desired changes so we can explore the possibilities further.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
2023
MLS Number
20240009
Location
Address
Fawn Hill
City
Lexington
State
NY
Zip Code
12452
County
GREENE
Listing
Provider
Howard Hanna Rand Realty, original listing
Name
Howard Hanna Rand Realty
Phone
(845) 338-5252
Office Name
Howard Hanna Rand Realty
Office Phone
(845) 338-5252
Agent Name
Jill Zarcone

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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.