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50 Sabal Bend
Palm Coast, FL 32137
$1,598,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3682
Property Description
Nestled within the exclusive Sanctuary community, 50 Sabal Bend epitomizes waterfront luxury living. Upon crossing the bridge over the saltwater canal and entering this exclusive gated community, a realm of luxury reveals itself. Constructed with enduring quality in mind using insulated concrete forms (ICF Walls), homes of this construction are renowned for their resilience, often dubbed "1000-year storm houses." Notable for the capacity to withstand winds of up to 250 MPH, superior insulation, and fire-retardant attributes, this home is built to stand the test of time. This exquisite east-facing residence is ideally positioned in "sailboat country," boasting an impressive 100 feet of saltwater canal frontage just off the intracoastal waterway. Situated on over half of an acre, this home featuring four bedrooms, four bathrooms, soaring tray ceilings, a dedicated home office, and a vast three-car garage (1093 square feet). Designed for hosting gatherings, the residence seamlessly integrates with the outdoor living space (726 square feet), complete with a summer kitchen, solar-heated pool, and spa. The property is loaded with upscale features, including a chef's kitchen with a 6-burner gas stove a with pot filler, concealed spice racks, a spacious island with an additional prep sink, and a built-in walk-in pantry. The expansive primary bedroom encompasses two closets, one designated as "hurricane safe," a sitting area or office with pool views, and private pool access. The primary bath features dual sinks, a separate makeup vanity, a generous jetted tub, and an oversized walk-in shower with dual heads. Two of the additional bedrooms offer ensuite bathrooms, one of which includes a walk-in closet, while the fourth bedroom provides scenic water views and shares a bathroom with the pool and guests. Enhancing comfort and convenience, the residence is equipped with a tankless hot water system with recirculation and a central vacuum and speaker system in most rooms. The spacious living room showcases a striking fireplace and wet bar. The boat dock has been meticulously maintained with a fresh coat of paint and a recently refurbished boat lift with remote operation. Recent interior updates include refreshed paint in several rooms and enhancements to update home's columns. Ideally located in Palm Coast, nestled between Saint Augustine and Daytona Beach, with both destinations just a 30-minute drive away, The Sanctuary offers an idyllic waterfront lifestyle. Bring your boat and indulge in the luxury of waterfront living at its finest. Photos absolutely do not do this immaculate, stunning home justice!!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2010
MLS Number
FC299995
Location
Address
50 SABAL BEND
City
PALM COAST
State
FL
Zip Code
32137
County
FLAGLER
Listing
Provider
Real Broker, LLC., original listing
Name
Real Broker, LLC.
Phone
(863) 206-5755
Office Name
REAL BROKER, LLC
Office Phone
(863) 206-5755
Agent Name
J. MAEGAN WILSON

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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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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.