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8400 Capernwray Drive
Chesterfield, VA 23838
$849,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
4312
Property Description
Welcome to your dream oasis in the esteemed Highlands Community. Nestled on a prime lot, this stunning 4-bedroom, 3-bathroom home exudes timeless charm and boasts an array of premium features that cater to your every desire. From the moment you enter the home, you'll be impressed by the attention to detail and the seamless flow of the layout. The exterior boasts durable Hardy Plank siding, a welcoming front porch, and tasteful landscaping, all elevating the home's curb appeal. Upon entering, revel in the timeless allure of gleaming hardwood floors, adding warmth and sophistication. The private office space provides the perfect setting for focused work and creative inspiration. The open concept design seamlessly integrates the living, dining, and kitchen areas, fostering a sense of togetherness and creating a space ideal for gatherings and creating cherished memories with family and friends. The combination of vaulted ceilings and ample windows allows natural light to flood in, adding to the inviting ambiance. Step into the heart of the home and embrace your inner chef in the gourmet kitchen. The custom cabinetry exudes sophistication, providing ample storage space, while the elegant quartz countertops and a large central island make meal preparation a breeze. Enjoy the convenience of gas cooking, perfect for creating delectable dishes. As you step into the spacious living area, you'll be captivated by the grandeur of the stone fireplace. Never miss a minute of the big game with a built-in audio system on both the main and basement levels. The master suite is a true sanctuary, offering a peaceful haven to unwind and rejuvenate. It features an elegant beadboard tray ceiling, two walk-in closets, and a spa-like ensuite bathroom with an expansive walk-in shower and custom vanity. The two other main floor bedrooms and full bathroom have been thoughtfully positioned and designed to ensure maximum privacy and comfort. Venture upstairs to discover a versatile loft area with an additional living space. Use it as a cozy reading nook, a playroom for kids, or an entertainment zone – the choice is yours! The loft level also features a private bedroom and bathroom, making it an ideal guest suite or a peaceful retreat for family members seeking more privacy. Head downstairs to a fully finished basement offering endless possibilities for recreation and relaxation. Indulge in the ultimate cinematic experience with a dedicated theatre room, perfect for movie nights or entertain in style with a sophisticated wet bar. Benefit from the ample storage space the basement offers, as well as the attic space off the upstairs loft. Step outside to your personal paradise – a custom outdoor patio designed for enjoyment and entertainment. With a built-in gas grill and gas fireplace, it's an inviting space for al fresco dining, gatherings, and making memories under the open sky. The lush lawn and extensive hardscape are effortlessly maintained with a convenient and efficient irrigation system. Other notable upgrades include a tankless water heater, Trane HVAC, and whole house generator. As if all of this wasn’t appealing enough, embrace a sense of community and an active lifestyle in this sought-after neighborhood. Being a resident of the Highlands, you gain access to amenities such as walking/ jogging trails, a playground, a lake for canoeing and kayaking, a clubhouse, The Reserve Restaurant and Bar, and tennis courts. There are three lakeside swimming pools- home of the Highland Hurricanes Swim Team, a fitness center, and semi- public 18-hole golf course located within the community for an additional membership fee. The local area of Chesterfield features many attractions, delicious restaurants, popular shopping, and beautiful parks - most notably, the Pocahontas State Park. Don't miss this once-in-a-lifetime opportunity– your dream home awaits!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2020
MLS Number
VACF2000472
Location
Address
8400 CAPERNWRAY DRIVE
City
CHESTERFIELD
State
VA
Zip Code
23838
County
CHESTERFIELD
Listing
Provider
Coldwell Banker Elite, original listing
Name
Coldwell Banker Elite
Phone
(540) 735-2600
Office Name
Coldwell Banker Elite
Office Phone
(540) 735-2600
Agent Name
Gary Gardiner JR.

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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.