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480 Mont Blanc Way
Richland, WA 99352
$1,200,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
4515
Property Description
MLS# 274277 Spanning over 4,500 sqft of luxurious living, meticulously constructed on a ½ acre, in one of the most prestigious areas of Tri-Cities. A masterpiece of design and craftsmanship nestled on a private drive, offering unparalleled panoramic views, lavish living spaces & a brand new roof! As you step into your grand entry, you are greeted by the most breathtaking views. Staggering ceilings, luxury engineered wood flooring, wood-wrapped windows throughout are just a touch of the attention to detail this elegant home offers. Enjoy morning sunrises over the Blue Mountains in your vast great room, where oversized windows frame extensive river, city & mountain views! The coffered ceilings, stacked-stone gas fireplace with a wood mantle, and custom built-ins enhance the room's grandeur, making it the perfect setting for gatherings. Open from the great room is your designer kitchen, boasting rich wood cabinetry, a grand kitchen island, and top-of-the-line stainless appliances including a 6-burner luxury gas stove, brand-new oven & microwave. Expansive granite counter space throughout, beautiful built-in butler/coffee station, and a large walk-in pantry with an additional area for a refrigerator. Adjacent to the kitchen is your spacious dining area that opens to both the kitchen and great room, allowing for effortless entertaining. Your primary bedroom offers both comfort and serenity with its warm/neutral tones, tray ceilings & seating nook by the window offering yet another opportunity to take in your views. The ensuite bathroom elevates luxury living with heated floors, a spa-like fully tiled walk-in shower, an oversized tub for relaxing soaks, and a large walk-in closet with built-ins for ample storage. Additionally on the main level is a second impressive bedroom with its own ensuite perfect for guests or even an in-law’s quarters, as well as a superb laundry room with built-in mud bench, cabinetry, utility sink and even a built-in desk. Your second level is sure to impress with a plethora of open space capable for so many options. This level, featuring a second kitchen, is perfect for gatherings, game nights, home gym, kids area, you name it! Two more bathrooms and two spacious bedrooms are offered on this level with one bedroom boasting its very own ensuite. Not to miss are the two bonus extra storage rooms, as well as a third storage area excellent for lawn equipment. Don't miss your chance to experience the epitome of South Richland sophisticated /Amanda Pomeroy/CELL: 509-713-6821/Retter & Company Sotheby's International Realty//
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2012
MLS Number
274277
Location
Address
480 Mont Blanc Way
City
Richland
State
WA
Zip Code
99352
County
BENTON
Listing
Provider
Retter & Company Sotheby's International Realty, original listing
Name
Retter & Company Sotheby's International Realty
Phone
(509) 783-8811
Office Name
Retter & Company Sotheby's International Real
Office Phone
(509) 783-8811
Agent Name
Amanda Pomeroy

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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.