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250 Martin Lane
Pendleton, SC 29670
$1,375,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
Welcome to your ‘Dream Retreat’ nestled on 9.91 acres meticulously designed for style and functionality. This exceptional 2 year old custom built modern farmhouse design offers superior craftsmanship. The front entry porch has a tongue and groove pine ceiling and a separate entry for your dedicated office, home school area or art studio (current use) heated and cooled…. The expansive open design of the home has seamless flow from the entry to the great room and continuing to the welcoming dining room with centrally positioned fireplace. The mantel is made from a piece of walnut from the original farmhouse constructed on the Martin Family Farm. 9 ft ceilings and 5” Red Oak plank hardwoods. The kitchen is inviting while boasting practical workspace for the family Chef. Custom cabinets with pull-outs and more, stainless appliances, farmhouse sink and quartzite countertops. The kitchen, large island and dining area provide the perfect spot for intimate family gatherings or large groups which easily flow onto the covered porch and private courtyard. The ‘perfect pantry’ compliments the kitchen with cabinetry and organizational space. Large laundry room with cabinets, laundry sink, washer and dryer. The hallway leading to the drop-zone and garage has oversized closets for additional storage. The 3-car attached garage offers 1,260 square feet. The main home features 4 bedrooms and 4 baths all on one level. The primary ensuite offers privacy and features double vanities and a ‘spa-like’ walk-in shower. 2 large walk-in closets with built-in’s and organizational space. The additional 3 bedrooms, in the main house, have private baths and spacious closets. This home offers well-planned outdoor living space. The covered porch just off the kitchen opens onto the courtyard and covered breezeway leading to the guest house and pool area. The mechanical room/climate controlled storage room is at the rear of the home with separate entrance. The 1430 +/- sq ft guest house offers a fully equipped kitchen, full bath, laundry area, open concept gathering area and private bedroom (currently used as office space w/private entry door). Your guests will have plenty of privacy in their own space. The swimming pool area is fenced and the entire area from the courtyard to the pool has ‘empire zoysia sod’. Completing this remarkable property is the 945 sq ft workshop at the wooded rear property boundary… providing ample storage with 75 ft of permanent shelving, 3 wall cabinets, 2 garage rollup doors (drive thru), shelving and year-round comfort with split mini system (HVAC)…the perfect spot for toys or equipment to maintain the property. An irrigation system services the courtyard, pool area and all planted beds around the perimeter of the home. Again, this home boasts 5 bedrooms and 5 full baths so whether you love to entertain or simply desire space for the family….. this property offers the perfect design from the main home, guest house, pool, workshop to the acreage. This 'retreat' can become your family 'oasis'...convenient to Clemson, Anderson and the Interstate.
Property Information
Lot Size
9 acre(s) square ft
Property Type
Residential
Year Built
--
MLS Number
20273453
Location
Address
250 Martin Lane
City
Pendleton
State
SC
Zip Code
29670
County
ANDERSON
Listing
Provider
BHHS C. Dan Joyner REALTORS, original listing
Name
BHHS C. Dan Joyner REALTORS
Phone
(864) 226-8100
Office Name
BHHS C Dan Joyner - Anderson
Office Phone
(864) 226-8100
Agent Name
Robin Smith

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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.