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2422 Grand View Court
Kingston, TN 37763
$674,850
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
2413
Property Description
Experience the ultimate lakefront lifestyle in this exceptional 2 Bedroom + Office Condo in a stunning park-like community. This large condo features exceptional details throughout in an open layout with lake and mountain views. There are no stairs or elevator to bother with when it comes to this luxury unit. When you arrive, pull into your private insulated 2-car garage with workshop area and direct interior access. From the great room, step out through 8-foot-tall Marvin sliding glass doors that open to a large tiled private covered patio and from the master suite as well. Enjoy preparing meals in the impressive kitchen equipped with shaker-style cabinets and a suite of KitchenAid appliances. A large center island is the perfect gathering spot for baking cookies, helping with homework, casual dining or just added prep space. The primary suite offers a sanctuary for personal relaxation and care with custom fitted walk-in closet and ensuite bath with dual sinks and a tiled glass walk-in shower with built-in seat. The second bedroom and bath are also graciously scaled, with the laundry closet tucked discreetly away in the secondary bathroom. A private office is the perfect set-up for a work from home lifestyle that can also be used as a third bedroom if needed. This spectacular home features higher end finishes throughout including taller 7-foot interior doors, high quality interior trim, Trane heating/air, wide handicap accessible interior doors, and a private covered patio with tongue and grooved stained wood. Your privacy is assured with 11 inches of concrete sound abatement between floors and sound barrier materials along concrete common walls. The factory-tinted high-definition Marvin windows also add another layer of privacy to your unit while inviting in views and natural light. Lakeside Reserve Condominiums is set peacefully within a quiet cove lined with 100-year-old oak trees. Picnic by the lake, swim at your private sand beach, and enjoy the 700 miles of Watts Bar lake shoreline in your boat with sandy island also nearby which is accessible by boat or jet ski. All the amenities and attractions in Kingston, TN are also easily accessible, offering plenty of shopping, golf, walking trails along the lake. This condominium is the fourth cluster of six lakefront condominiums to be completed on a 28-acre lakefront park-like development. Each building is complemented in colors as well as traditional architectural details like verandahs, columns, stucco, brick arches, and 12' bay window walls. Nothing was overlooked in the construction of these units, coming from a multi-generational development team with 50 years' worth of experience in sound-deadening privacy building with an emphasis on durability, low maintenance, low energy, privacy, desirability, and the best long-term value. Development streets lined with custom lightning street signage. Special street trees that are presently 25 - 30 feet tall and will eventually provide a rare street canopy in a rare waterfront community. Enjoy all the amenities of lake living in a convenient location from the comfort of your new luxury condo unit! Square footage is estimated, buyer to verify all information.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2023
MLS Number
1246955
Location
Address
2422 Grand View Court
City
Kingston
State
TN
Zip Code
37763
County
ROANE
Listing
Provider
Hometown Realty LLC, original listing
Name
Hometown Realty LLC
Phone
(865) 693-7653
Office Name
Hometown Realty, LLC
Office Phone
(865) 693-7653
Agent Name
Ryan Coleman

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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.