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21 Mariners Court
Fairfield Glade, TN 38558
$1,399,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
4704
Property Description
Life is better at the Lake! If you are looking for a move-in ready, beautiful home with breathtaking views of Lake Dartmoor, a flat driveway and an easy walk to the lake, along with an amazing workshop space, look no further! As you walk to the front door, you will be greeted with professional landscaping that has been completed around the entire home. As you enter the home through the stained-glass door, to the formal entryway you will find beautiful hardwood floors throughout the living spaces and master bedroom. The great room features a vaulted ceiling, gas stone fireplace, and a door to lead you to the outdoor Trex deck with pergola. A great place to sip your coffee and watch the sunrise or enjoy your lunch and watch the boats go by. The kitchen features a large island with an abundance of cabinets. A couple fun features to highlight- the refrigerator can make your coffee in the morning, and there is a glass rinse at the sink! You will absolutely love the panoramic view of the lake when you sit in the sunroom! The office and large master bedroom feature a trey ceiling, and the master bath has a tiled shower, comfort height double sink vanity and walk in closet. An office plus bedrooms 2 & 3 are on the main level, the 2 guest rooms have carpet. On the lower level, there is a large family/game room, great for entertaining on rainy days when you can't be on the lake. There is also a large bonus room, which could easily be used for a hobby room, workout room and additional sleeping accommodation, and has a great view of the lake too. From this room, you can enter on to the covered deck which includes a hot tub. The large workshop allows so many options for the woodworking or hobby enthusiast and has a huge concrete floor storage area, all under heat and a/c! The backyard has a new fence, perfect to let your pets run and enjoy the outdoors. All the decking has been recently updated with Trex, along with the dock at the lake. The dock also features a kayak step, making it easy and convenient to play in the lake! Residents around the lake are very social, you'll often see several pontoon boats tied together to watch the sunset as boaters float in the water, sharing snacks and beverages. All Anderson windows and sliding doors in the home. The upper zone of the HVAC was updated in 2023. Appliances are 7 years old. Home has security system with Simply Safe and surround sound. This is an exceptional home with outstanding views from multiple locations in the house, a great home for entertaining guests, family and friends on weekends or the holidays. Plenty of room for kids, grandkids and parents when they come to visit. Schedule your showing today! Recent improvements include: Sun Room Addition Anderson Windows and Sliding doors with built in love seat over looking lake and intricate Travestone tile work. 3 High End Trex Porches with Accent with pergola. New Dock with Trex and Kayak step and dock light, complete Landscape Stonework in front, side and back of house. New Refrigerator with built in Keurig coffee maker. New Bosch Dish Washer. Added downstairs bar area with mini refrigerator. Added Cabinets in laundry room New Exterior Doors - back and side Finished Crawl Space 10 X 40 and added 4x4 window. New Upstairs AC unit (added capacity) Simipl Safe Interior Security System Annke Video 4 camera Exterior Security System. Interior Double doors to Office with Transom Fence area for Dog Run built in Sprinkler Central Vacuum
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2006
MLS Number
1260385
Location
Address
21 Mariners Court
City
Fairfield Glade
State
TN
Zip Code
38558
County
CUMBERLAND
Listing
Provider
mary Helen McHugh, original listing
Name
mary Helen McHugh
Phone
(931) 484-0077
Office Name
Better Homes and Garden Real Estate Gwin Real
Office Phone
(931) 484-0077
Agent Name
Genelle Thomas

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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.