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17853 County Road 50
Saguache, CO 81149
$649,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2160
Property Description
Welcome to the Wild West of Saguache! Nestled on 35+ acres of pristine land, this homestead offers breathtaking views of the Sangre de Cristo mountains and the Great Sand Dunes National Park. From the moment you arrive, you'll be captivated by the beauty that surrounds you. As you explore the property, you'll discover the seasonal Werner Creek meandering through the land. The perimeter of the property is securely fenced except the front offering an opportunity for horses. The homestead boasts a variety of unique features, including a Quonset hut, silo converted into a workshop and storage space, and an art studio that can also serve as guest quarters. The greenhouse, reinforced with custom welding and includes a water feature, is a gardener's delight. Step inside the meticulously crafted home, built by a master builder with no corners cut, custom work, no drywall, and T&G solid wood throughout. The first-floor primary suite has west-facing views, walk-in closet, and bathroom. The mudroom/laundry features a utility sink and storage with access to the back porch. The kitchen is equipped with high-end appliances, 6 burner range, custom tile, Sycamore cabinets, pantry, and a layout designed for both cooking and baking enthusiasts with exceptional views and a private office nearby. The open floor plan living and dining room showcase Jøtul fireplace and built-in features design inspired by nature. Upstairs, you'll find a bunkroom, a private guest room, and a bathroom. RV hookups available. Outside, newly planted aspens, evergreens, and fruit trees grow near the garden that thrives with the help of beehives producing 60+ gallons of honey annually. Hollyhocks and sunflowers line the front of the house in the summer attracting pollinators of all kinds. This homestead offers a perfect blend of natural beauty and functionality, experience the essence of Colorado living amidst stunning landscapes and abundant wildlife. Schedule a viewing today of this one-of-a-kind opportunity.
Property Information
Lot Size
35 acre(s) square ft
Property Type
Residential
Year Built
2023
MLS Number
5525587
Location
Address
17853 County Road 50
City
Saguache
State
CO
Zip Code
81149
County
SAGUACHE
Listing
Provider
Pinon Real Estate Group, original listing
Name
Pinon Real Estate Group
Phone
(719) 539-0200
Office Name
Pinon Real Estate Group LLC
Office Phone
(719) 539-0200
Agent Name
Susan Hughes

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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.