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8732 Maple Ash Trail Ne
Leland, NC 28451
$975,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
3740
Property Description
Discover the essence of luxurious living blended seamlessly with comfort and convenience in this exquisite residence, prominently positioned on the 12th hole of the Compass Pointe golf course. This home, spanning an impressive 3,740 square-feet of heated living space augmented with a bonus room atop the three-car garage, caters to a variety of lifestyle needs and preferences. The thoughtful design includes 5 bedrooms and 3.5 baths with the current family room and bonus room acting as the 4th and 5th bedrooms. The split-bedroom floor plan offers additional privacy to the primary suite, which boasts dual closets and vanities for ample storage. Elegant wood floors, exuding warmth and sophistication, span throughout the downstairs bedrooms and main living areas. The kitchen is an entertainer's dream with a gas stove, wall oven, large island, wet bar, and beverage refrigerator. Telescopic doors extend the living area into a screened lanai, presenting breathtaking views of the golf course and an attached dedicated grilling area. Adding to its allure, the home features a bonus room above the three-car garage, equipped with a full bath, closet, and walk-in attic storage. Practicality meets luxury with a drop zone off the laundry room, a heated and cooled storage room, a 3-zone HVAC system, a whole-house generator, and a three-car garage with durable epoxy flooring. Additionally, there is spray foam insulation in the attic for extra efficiency (the average utility bill is $150). Compass Pointe has resort-style amenities available, including a clubhouse, fitness center, indoor and outdoor pools, a lazy river, kayak/canoe launch, multiple sports courts (tennis, basketball, and pickleball), and biking and walking trails. The golf course has an additional fee. With its thoughtful design, high-quality finishes, and idyllic location, this home is not just a place to live but a lifestyle to be cherished, offering a unique blend of comfort, luxury, and stunning golf course views.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2018
MLS Number
100433743
Location
Address
8732 Maple Ash Trail NE
City
Leland
State
NC
Zip Code
28451
County
BRUNSWICK
Listing
Provider
Coldwell Banker Sea Coast Advantage, original listing
Name
Coldwell Banker Sea Coast Advantage
Phone
(910) 799-3435
Office Name
Coldwell Banker Sea Coast Advantage
Office Phone
(910) 799-3435
Agent Name
The Cameron Team

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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.