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835 Hana
Nipomo, CA 93444
$1,849,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2692
Property Description
Newly Built! Spacious and elegantly designed home located on a full acre within a peaceful, serene cul-de-sac. With a total of ~2692 sq ft, the house boasts hardwood flooring throughout, creating a warm and inviting atmosphere. The layout includes 4 bedrooms, 2.5 baths plus a private office/bonus room above the garage adding 320 additional sq ft of versatile space. One of the highlights of this property is the expansive 1294 sq ft covered wrap-around porch, perfect for enjoying the outdoors in any weather. The interior features a spacious great room that encompasses an elegant dining area, a comfortable living room with an electric fireplace, and a gourmet kitchen. The kitchen is equipped for culinary enthusiasts, providing a space for both cooking and entertaining. The house is thoughtfully divided, with 2 guest rooms sharing a full bath with granite counters on one side, and the 4th bedroom, laundry, and a half bath on the opposite side. The primary suite offers a private retreat with a luxurious bath featuring quartz counters, a separate walk-in shower, and a soaking tub. The property also includes 8 owned solar panels and an oversized 3-car garage insulated and drywalled, providing ample space for vehicles and additional items. For those with an appreciation for outdoor activities, a horse trail easement adjacent to Hana Ln allows residents to ride their horses from the property, connecting to other horse trail easements throughout the Nipomo Mesa. This home offers the best of both worlds – the tranquility of country living on an acre lot, while still being just minutes away from parks, golf courses, shopping, restaurants, and world-class wineries. It's a perfect blend of luxury, comfort, and accessibility.
Property Information
Lot Size
43,560 sqft square ft
Property Type
Residential
Year Built
2024
MLS Number
SC23159692
Location
Address
835 Hana
City
Nipomo
State
CA
Zip Code
93444
County
SAN LUIS OBISPO
Listing
Provider
Stravinsky Holdings Inc, original listing
Name
Stravinsky Holdings Inc
Phone
(805) 773-7777
Office Name
Keller Williams Realty Central Coast
Office Phone
(805) 773-7777
Agent Name
Hal Sweasey

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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.