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0 Nautilus Drive
Monticello, FL 32344
$2,430,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
11755
Property Description
A fusion of modern convenience and medieval charm nestled in the heart of the woods. The main house is a meticulously renovated 9,848 square-foot architectural marvel that boasts a captivating design, featuring uniquely sized windows and curving walls that exude artistic allure at every turn. Step inside and experience the epitome of luxury living. The main building offers a seamless blend of functionality and elegance, with a spacious kitchen offering expansive views, and a library capable of housing 10,000 books, currently with 6000 books that convey with the library. The master bedroom is on the upper level, featuring a generously sized walk-in closet and two bathrooms. It provides direct access to the expansive 2000-square-foot rooftop patio, enhancing the living experience with outdoor leisure opportunities.  Stay productive in the spacious office with large soundproof glass, or use the spacious room as an additional bedroom. Discover hidden realms within the office- a secret room! The secret room leads to 2,500 square-foot movie living room, complete with its kitchen, bar, laundry setup, and bathroom for seamless hosting. A cozy in-law suite/cottage in the garden has a full bathroom, kitchenette, and mini-split.  Outside, the grounds unfold with a picturesque ½ acre pond with a patio and dock. The outbuildings are a testament to the estate's commitment to sustainable living including, a chicken shed/potting shed, mushroom shed, Hügelkultur Garden beds, and greenhouse. Hazelnuts, permissions, wildflowers, peaches, pears, cone flowers, azaleas, roses, and spirea just to name a few! Parking is a breeze with 5 carport spots (with a pink golf cart conveys), a new steel 3-bay detached garage, and a workshop combo. A concrete garage shaped like a majestic whale, adds a touch of whimsy to the property's charm for extra storage. An abundance of woodland, adorned with a tranquil creek meandering through its midst. A lifestyle of unparalleled luxury and artistic inspiration where modern living harmonizes with the timeless beauty of a medieval castle, with nuggets of history still on the property through books, sculptures, and artifacts.  Just across the way is an architectural excellence and creative vision, this expansive building spanning 12,279 square feet emerges in a state of partial restoration and readiness.  At the heart of this property lies a captivating 70’ diameter circular auditorium, boasting a soaring 41’ high ceiling and crowned by a distinctive 62’ tower. This remarkable space holds boundless potential, with a new roof, windows, doors, and fresh exterior paint, ideal for transforming into a sought-after wedding venue or exclusive event space. Envisioned as a satellite campus for the esteemed International Academy of Architects, it represents a fusion of historical grandeur and contemporary refinement. Encircling the main auditorium are multiple studios, awaiting customization to suit individual preferences. These versatile spaces present an exciting opportunity for Airbnb ventures or the creation of bespoke creative studios. Adding to the allure is a newly renovated 1907 square-foot luxury apartment, seamlessly attached. This exquisite residence features two bedrooms, two baths, a kitchen, laundry, and private access.  Discover the possibilities within these walls—a canvas awaiting the brushstrokes of your imagination, where history meets opportunity in an unforgettable setting. (Look at listing 193 and 173 Nautilus Drive: being sold separately as well)
Property Information
Lot Size
54 acre(s) square ft
Property Type
Residential
Year Built
1987
MLS Number
371000
Location
Address
0 Nautilus Drive
City
MONTICELLO
State
FL
Zip Code
32344
County
JEFFERSON
Listing
Provider
Joe Manausa Real Estate, original listing
Name
Joe Manausa Real Estate
Phone
(850) 366-8917
Office Name
Joe Manausa Real Estate
Office Phone
(850) 366-8917
Agent Name
Ondrea Maldonado

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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.