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3290 Se County Road 337
Trenton, FL 32693
$3,599,900
Conventional
Property
Bedroom
13
Bathroom
11
Property Type
Conventional
Square ft
8030
Property Description
This is a one of a kind property for sale! If you are looking for a place to call home AND operate a successful business - this is your opportunity! This 117 acre hay & cattle farm has a 5,000 sq ft climate controlled event space/barn that can accommodate events for up to 300 guests and all the furnishings AND 4 residences on the property, 2 more barns/workshop, a silo, 4 wells, cattle and farm equipment all included in the sale! There is a 1968 built brick story 4 bedroom/3 bathroom, 2460 heated & cooled sq ft home that was fully renovated in 2012 that greets you on the right with soaring white columns as you drive up the picturesque, tree lined lane off of the paved CR 337. This gorgeous home has owner suites downstairs & upstairs and a massive covered back porch to overlook the "back 40" in your rocking chairs. There is also a 1 bdrm efficiency studio/garage with a 3 car detached garage (finished in 2021) & a workshop. Glance to your left as you make your way through the mature oaks into the "barn yard" area that will host 30+weddings in 2022 alone and inside the fully refurbished barn structure you will find polished concrete floors, chandelier lighting, public restrooms, a kitchen, & other 2 other private rooms that has become a popular event space for the North FL area known as Seven Hills Farm. Continue past the barn to the far north of the property to find another stunning 2014, built 3508 heated & cooled sq ft, 5 bedroom/4 bathroom home with a separate office downstairs & a massive bonus room that could be used a theater room that sits facing the hay fenced fields, with a 2 car garage, a lighted concrete basketball court, and koi pond, and behind is a large pole barn with a finished office. And we are not finished yet - finally sitting on the far east edge of the property (with connecting driveways to all) there is a 2014, 1440 heated & cooled sq ft 3 bedroom/2 bathroom mobile home, with a built-on carport, deck & above ground pool to round out the property. This home has tape & textured walls & crown molding, an oversized pantry & has been well cared for. All included between the 4 residences there are 13 bedrooms and 10 bathrooms and over 8,000 sq ft of climate-controlled living quarters. Enough room for you and your whole family to live and run a family operated business, or to rent out for special events, the possibilities are endless. Individual specs for each home are available as well as the barn spec & business operation info upon request. This is a special property for a once in a lifetime opportunity for some lucky buyer! Once you step foot on this property and see its beauty and experience a sunset (which all homes & structures face west) you won't want to leave. Call today for more info!
Property Information
Lot Size
117 acre(s) square ft
Property Type
Residential
Year Built
1968
MLS Number
GC504508
Location
Address
3290 SE COUNTY ROAD 337
City
TRENTON
State
FL
Zip Code
32693
County
GILCHRIST
Listing
Provider
RE/MAX Professionals, original listing
Name
RE/MAX Professionals
Phone
(352) 375-1002
Office Name
RE/MAX PROFESSIONALS
Office Phone
(352) 375-1002
Agent Name
Danette Drageset

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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.