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1473 Hollow Glen Road
Julian, CA 92036
$1,300,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
3538
Property Description
Call Brenda @ 619-846-9088 to view this picturesque custom built Farmhouse. Situated on 4.13 acres in Historic Downtown Julian Ca. You'll immediately be captivated by the exquisite attention to detail and luxurious features throughout. The dream kitchen is a chef's delight, boasting elegant white cabinetry with lighting that exude opulence, complemented by gleaming granite counters and a spacious island perfect for meal prep or entertaining guests. The wood flooring adds a touch of sophistication, while the stove top pot filler adds convenience to your culinary adventures. The cathedral-style ceilings and open floor plan create a sense of grandeur, with a lavish wrought iron balcony staircase leading to a large loft area that's ideal for a game room or additional entertainment space. From the loft, you can overlook the expansive living room, which features a striking wood-burning rock fireplace and two generously-sized ceiling fans. The master suite is a retreat in itself, complete with a wall to wall master closet for the pickiest buyers. The master bath boast tile flooring, a luxurious jacuzzi tub, a gorgeous rain shower, and dual sinks, a Throughout the home, you'll find wood flooring, fresh paint, and modern lighting fixtures that add to the overall ambiance. Bask in the beauty of the 4 seasons on the wrap-around deck surrounding yourself in the landscape, which offers stunning views of the neighboring pond and the majestic mountains. This property and land offers peace and tranquility, fruit trees and grape vine. All while still being just minutes away from town. But that's not all– 2 A/C units, and fire sprinkler system throughout home. 2 car garage with water filtration system, and additional 1500+ sq ft versatile workshop with half bath and loft area, a roll-up 3 car garage, oversized to fit an RV. There is also additional graveled RV parking with Full hook-up ready for those extra guest. This is country living at it's best.
Property Information
Lot Size
179,902 sqft square ft
Property Type
Residential
Year Built
2011
MLS Number
PTP2401783
Location
Address
1473 Hollow Glen Road
City
Julian
State
CA
Zip Code
92036
County
SAN DIEGO (GREATER)
Listing
Provider
Coldwell Banker West, original listing
Name
Coldwell Banker West
Phone
(619) 737-2126
Office Name
Coldwell Banker West
Office Phone
(619) 934-8802
Agent Name
Brenda Perez Miranda

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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.