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6 Rickie Lane
Ladera Ranch, CA 92694
Grant Foerstel with Compass, original listing - (949) 438-4340
$5,300,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
5918 Square Feet
Property Description
Embraced by one of the most desirable locations in Ladera Ranch, this impressive custom estate reveals a completely new remodel that showcases a broad spectrum of today’s top-level appointments. The grand Santa Barbara-style residence, which features a large corner homesite on an intimate cul-de-sac behind the guarded entry gates of Covenant Hills, offers privacy and luxury without equal. Enjoy the advantages of having only one direct neighbor, beautiful landscaping complemented by lifelike water-saving turf, an inviting front patio, and a long driveway and motor court with parking for four leading to an attached three-car garage. Welcome guests through a custom arched entry door into a stunning two-story foyer, where a floating circular staircase recalls the grand estates of Old Hollywood. Approximately 5,918 square feet, the expansive two-level design exhibits four ensuite bedrooms, including a secondary primary suite on the first floor, four and one-half newly re-imagined baths, a main-level office, second-floor office or study space with built-in desks, and an oversized loft with two skylights. Formal affairs are generously accommodated in a living room with a towering ceiling and contemporary fireplace with a sleek stone surround, and a dining room with ample space for 10 or more. Everyday living is easy in a bright family room with an enormous bay window and a tray ceiling with soffit lighting. The family room flows without borders to a casual dining area and a brand-new kitchen with a walk-in pantry, oversized island, Calcutta marble countertops, white Shaker cabinetry, slide-away glass doors that open to the backyard, a full tile backsplash, six-burner range with pot filler, and a built-in refrigerator. On the second level, guest suites are large and comfortable, with one revealing a secret finished attic space that is ideal for impromptu slumber parties. Encompassing nearly the full width of the estate’s second floor, the main primary suite hosts a double-door entrance, fireplace, sunny deck, walk-in closet, and a hotel-caliber bath with a freestanding tub. Grounds cover almost 14,000 square feet, providing extra room for entertaining by a pool and spa with waterfall, relaxing by a custom fireplace, or enjoying libations on the wraparound patio. Fresh paint embellishes the exterior, and archways, wide-plank white oak flooring, beamed ceilings, custom crown molding, whole-house audio, and outstanding craftsmanship distinguish interior spaces.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2007
MLS Number
--
Location
Address
6 Rickie Lane
City
Ladera Ranch
State
CA
Zip Code
92694
County
ORANGE (SOUTH)
Listing
Name
Phone
(310) 497-4760
Office Name
Office Phone
(949) 438-4340
Agent Name
Grant Foerstel
Agency Phone
(949) 438-4340

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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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.