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213 Woods Summit Lane
Cashiers, NC 28717
$1,450,000
Conventional
Property
Bedroom
3
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
Situated in the serene gated enclave of Sheepcliff Woods, just moments from the vibrant crossroads of Cashiers, this refined residence presents a breathtaking panorama of Big Sheepcliff Mountain. Upon entering, you are welcomed by a grand great room adorned with rich wood beams and elegantly painted wood walls, creating an atmosphere of warmth and sophistication. The room's centerpiece, a majestic stone fireplace, invites relaxation and social gatherings. Extending from the living area is a vast covered porch alongside a wraparound deck, offering an idyllic setting to savor the mild summer climate unique to the Western Carolina mountains. The deck provides a seamless transition to the outdoors, ideal for tranquil evenings or grand entertaining. The heart of the home, a gourmet open kitchen, features a separate pantry, ensuring culinary pursuits are both luxurious and efficient. Adjacent to the kitchen, a formal dining room with a wet bar sets the stage for memorable dinners and festive occasions. The main level hosts the primary bedroom suite, complete with all comforts, and an additional bedroom. A convenient laundry room and a chic half bath complete the main floor's amenities. Descend to the lower level to discover a spacious family room that extends the living space, perfect for entertainment or relaxation. This level also includes a guest suite and a versatile bonus room, each thoughtfully designed for comfort and style. A half bath services this floor, and walkout access leads to a charming patio area, overlooking a gently sloped garden that invites peaceful contemplation and outdoor enjoyment. This home, now newly available on the market, promises a lifestyle of unparalleled convenience and elegance in a sought-after location. Seize the opportunity to make this exquisite mountain retreat your own.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
2003
MLS Number
104183
Location
Address
213 Woods Summit Lane
City
Cashiers
State
NC
Zip Code
28717
County
JACKSON
Listing
Provider
Silver Creek Real Estate Group, original listing
Name
Silver Creek Real Estate Group
Phone
(828) 743-1999
Office Name
SILVER CREEK REAL ESTATE GROUP, INC.
Office Phone
(828) 743-1999
Agent Name
Jochen Lucke

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HUD Foreclosures

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.