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2968 Cheyenne's Trl
Gerrardstown, WV 25420
$829,900
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
2913
Property Description
Exquisite opportunity in Round Top Estates to become the inaugural owner of this stunning custom-built residence spanning 7.13 acres. Boasting a generous expanse of nearly 3,000 finished square feet and approximately 1,400 unfinished square feet. This home features three tastefully appointed bedrooms, each complete with its own private ensuite. The primary bedroom, situated on the main level, which offers an inviting open floor plan, creating an atmosphere of seamless elegance. The kitchen presents an impressive ensemble of granite countertops, stainless steel appliances, a gas cooktop, and a wall oven with built-in microwave, complemented by a charming wine bar, all seamlessly integrated with the family room adorned by a captivating stone fireplace, dual-purposefully serving as a dining room. The two-story family room features a mesmerizing "wall of windows," inviting abundant natural light and framing picturesque wooded vistas, ensuring utmost privacy. Additionally, the dining room provides access to a covered porch, serving as an idyllic sanctuary for indulging in your morning coffee or savoring a tranquil evening glass of wine. Extending from the covered porch is a substantial deck, spanning the entire rear of the house, providing an ideal space for hosting grand gatherings and creating lasting memories. The lower level offers a beautifully finished family room that is awaiting your personal touch. It features a rough-in to add your personal style bar and includes elegant French doors, allowing ample natural light to illuminate the space and providing convenient access to the outdoors. Additionally, this level presents an exciting opportunity for you to incorporate a spacious second primary bedroom, complete with expansive windows and French doors for abundant natural light and a rough-in for a full bathroom. Moreover, the family room offers access to a versatile area that can be transformed into a grand theater room, perfect for entertainment purposes. The unfinished attic located above your spacious two-car garage offers excellent potential for conversion into a sophisticated home office or an engaging game room. This space can be effortlessly accessed through a private stairway within the premises. If you have been contemplating the acquisition of a private and opulent estate, your search ends here. Total square footage is estimated and should be verified by buyer.
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential
Year Built
2024
MLS Number
WVBE2026160
Location
Address
2968 CHEYENNE'S TRL
City
GERRARDSTOWN
State
WV
Zip Code
25420
County
BERKELEY
Listing
Provider
Keller Williams Premier Realty, original listing
Name
Keller Williams Premier Realty
Phone
(301) 745-4450
Office Name
Keller Williams Premier Realty
Office Phone
(301) 745-4450
Agent Name
Dorothy Vance

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Keller Williams
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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.