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84 Olive Branch Ct, Lake Anna
Bumpass, VA 23024
$2,199,000
Conventional
Property
Bedroom
7
Bathroom
7
Property Type
Conventional
Square ft
6125
Property Description
NEW CONSTRUCTION - CUSTOM BUILD  * * NOAHS LANDING SUBDIVISION** Stunning waterfront home set in a private Paradise. This unique exceptional waterfront home offers a beautiful custom home. It's the perfect getaway in the heart of Virginia. Live your dream in an estate surrounded by natural beauty and nestled on the shores of one of Virginia's Largest lakes. The custom home is perfectly set on a majestic 0.72-acre lot in Lake Anna, Louisa County. Beautiful breathtaking, 160 ft of Waterfront. The setting is ideal with comfortable elevation flat and not steep which proves beautiful views and perfect for a Walkout Basement, Gorgeous Sunset views! Beautiful private yard. No detail, grand or small was overlooked in the design & construction of this home; absolutely stunning NEW construction! This waterfront home is over 6,125 square feet of living space on all 3 levels with 7 Bedrooms, 5 Full Baths, 3-stop elevator shafts, two screened porches, and a sundeck that walks out from the family room, two balconies on the third level. The main level features an open floor plan with 10' ceilings. The dramatic two-story ceiling in the great room and dining area is flanked by screened porches and a deck area, perfect for large-scale entertaining. The gourmet-styled kitchen has premium stainless steel appliances and quartz countertops. And the luxuriously appointed master suite with a stunning master bath comes with marble tiles,  a freestanding bathtub, a luxurious shower, and a private screened porch that looks out to the lake. The main floor also offers two spacious bedrooms with a full bath, one of the bedrooms has a private screened porch that looks out to the lake, and 1st-floor laundry completes the impressive main floor living space. On the upper level, there is another two-bedroom suite that comes with one full bath and one balcony for each room that looks out to the lake, 9ft ceiling-high. Expansive lower-level walkout features outstanding recreation space with a full kitchen/bar, 2 additional bedrooms media room, and a fireplace. Multiple decks and screened-in porches, and luxurious finishings throughout the entire home. There is still time to make this home uniquely yours. Select interior, exterior like stone, Hardie, colors, and upgrades, and an optional elevator. This property is located on the private side of  Lake Anna. * * * NOTE: THE PICTURES THAT ACCOMPANY THIS LISTING ARE REPRESENTATIVE OF THE QUALITY OF WORK AND THE FEATURES AND UPGRADES AVAILABLE TO THE BUYER. * * *
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2025
MLS Number
VALA2001774
Location
Address
84 OLIVE BRANCH CT, LAKE ANNA
City
BUMPASS
State
VA
Zip Code
23024
County
LOUISA
Listing
Provider
Samson Properties, original listing
Name
Samson Properties
Phone
(703) 896-5869
Office Name
Samson Properties
Office Phone
(703) 378-8810
Agent Name
Gigi salameh

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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.