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156 Carter Valley Lane
Broken Bow, OK 74728
$979,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
Introducing a captivating 4-bedroom, 3.5-bathroom in the heart of a serene pine forest, this modern masterpiece offers the perfect blend of rustic charm and contemporary elegance. Situated on a 1.7 acre +/- corner lot, this cabin boasts breathtaking mountain views, a pickleball court, outdoor kitchen, living area, hottub and firepit. The cabin's exudes modern sophistication with clean lines, a blend of natural materials such as wood and stone, and large windows that allow for an abundance of natural light to bring the outdoors inside. The corner lot provides ample space for outdoor activities and landscaping. Upon entering, you'll be greeted by a warm and inviting open-concept living space with a vaulted ceiling, and a stone a gaslog fireplace as the focal point. The modern design elements are complemented by a palette of contemporary fixtures, the spacious kitchen features high-end appliances, granite countertops, a large center island with seating, and custom cabinetry. The cabin offers three generously-sized master king bedrooms and a bunkroom, each with its own unique character and access to a private balcony overlooking the mountain views. In addition to the primary bedroom's en-suite, there are two more full bathrooms, each tastefully designed with modern fixtures and finishes. There's also a convenient half-bath for guests on the main floor. For active residents and guests, the property includes a dedicated pickleball court, perfect for friendly matches and staying active while surrounded by the beauty of nature. Spanning 2,525 square feet, this cabin offers plenty of space for comfortable living and entertaining. The cabin's location provides stunning views from various vantage points, allowing you to immerse yourself in the beauty of the natural surroundings. Nestled within a towering pine forest, this cabin offers a peaceful and private retreat where you can enjoy the serenity of nature while still having modern comforts at your fingertips.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2022
MLS Number
1083135
Location
Address
156 Carter Valley Lane
City
Broken Bow
State
OK
Zip Code
74728
County
MC CURTAIN
Listing
Provider
Leadership Real Estate Investments, Inc dba Keller, original listing
Name
Leadership Real Estate Investments, Inc dba Keller
Phone
(405) 748-8500
Office Name
Keller-Williams Platinum B.B.
Office Phone
(580) 494-3466
Agent Name
Debra Elliott

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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.