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1891 Newhall Avenue
Cambria, CA 93428
$2,775,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
3000
Property Description
Call Bruce at 805 610-3371 or Shelley at 805 748-3162 with questions or to schedule your private showing. Welcome to 1891 Newhall Ave, probably the most unique property in Cambria! Massive ocean views from virtually every room make it the ideal property for entertaining, dinner parties and relaxing to the sound of waves. On this magical .71 acre site you have a very classic architect owner's home and grounds that offer walkways connecting a raised gazebo overlooking the artesian spring fed pond, sitting areas, and playhouse. The house has consistent and beautiful beam work throughout, with 3 bedrooms and 3 1/2 baths, in about 3,000 sq ft. The living room is spacious and 2 window walls bring in panoramic white water ocean views so you can watch the waves and the whales to your heart’s content with it’s wet bar and wine fridge in easy reach. Honoring the original owners’ vision, the architect owner kept the custom wood beam ceiling design in the newer wing. The primary suite sits to south of the entry, in its own wing, with fireplace and built in cabinetry. Primary bath includes dressing area, built-ins, separate tub and shower, etc. The dining room is the focal point as it stretches some 20+ feet with fireplace and leaded glass on one wall and full length ocean view windows opposite. The original home was kept in tact and includes the kitchen with butler’s pantry plus walk-in pantry/wine room, large broom closet, 2 hutches, and large laundry room and ½ bath. There is also a wood/gas fired oven of iron and brick! Off the kitchen is the sitting room with another artistic fireplace and more views. Upstairs in original wing is a bedroom with 3 beds and a room divider for separation if desired. A 3/4 bath and dressing area rounds out a very unique and customizable second floor. Below the living room is a separate guest suite or office with its own 3/4 bath, set in the midst of magical grounds. A spacious attic adds to the already abundant storage capabilities of the house. Tool shed work room leaves plenty of space for all your tools or even a big wine cellar! All of the living areas have access to 20’X40’ new redwood deck, the beautiful ceilings, wood floors or new carpet. Roof is newer as is Generex generator. Simply one of a kind property.G DUE TO LOT SPLIT. ESCROW CANNOT CLOSE UNTIL THE NEW APN HAS BEEN ASSIGNED. WE PREDICT THAT IT SHOULD TAKE NO MORE THAN 30 DAYS FROM TODAYS DATE OF 12/07/2023. Buyer to verify all information.
Property Information
Lot Size
30,927 sqft square ft
Property Type
Residential
Year Built
1951
MLS Number
SC23194003
Location
Address
1891 Newhall Avenue
City
Cambria
State
CA
Zip Code
93428
County
SAN LUIS OBISPO
Listing
Provider
The Real Estate Company of Cambria, original listing
Name
The Real Estate Company of Cambria
Phone
(805) 909-9707
Office Name
The Real Estate Company of Cambria
Office Phone
(805) 927-3200
Agent Name
Bruce Koontz

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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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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.