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12408 Hull Road
Clermont, FL 34711
$1,100,000
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
2094
Property Description
Under contract-accepting backup offers. CHAIN OF LAKES ON BEAUTIFUL LAKE LOUISA! This luxury updated 2,094 sf home truly feels like you are on vacation every day! The first thing you will notice when you walk up the sidewalk past the lushly landscaped front yard is the picturesque view of Lake Louisa shining through the elegant mahogany wood and glass front door. As you walk in, your eyes are immediately drawn to the sparkling white quartz kitchen countertops bordered with blue glass tile that perfectly matches the sweeping view of the water. As you walk through the front door, you will notice the inviting eat-in breakfast room to your right that seats a large family. The large shiplap kitchen island greets you with additional seating, cabinets underneath and a pop-up electrical outlet with USB ports. The kitchen also boasts a large pantry with barn doors, touchless faucet, white cabinets and crown molding. As you pass through the kitchen you will take three steps down to the extra-large family room, with a $10,000 custom built-in shelf system completed in 2021 and a wood-burning fireplace with electric fireplace insert to warm you on cool Florida nights. This home boasts an exquisite large master bedroom with another captivating lake view, along with a custom walk-in his and her closet and luxury spa bathroom with an oversized beautifully tiled shower, double vanity sinks and glass door to the back lanai. Step through the door and you can relax in the spa with a glass of wine while watching the Disney, Sea World and Universal fireworks. You will be amazed at the reflection of colors as the hot air balloons float gently overhead and the seaplanes skim across the water. Start your mornings with a cup of coffee on the oversized 1,008 sf screened lanai while watching the kaleidoscope of warm colors reflecting on the lake as the sun arises. This multi-level lanai is the perfect entertainment space with plenty of room for family and friends. A brand new raised paver deck sits right outside of the lanai and leads you to the 4' x 112' dock with 12' x 26' deck and 12' x 38' boathouse which was just built in 2022 for $70,000. The dock was built out of composite material which ensures low maintenance and beauty for years to come. The boathouse has room for a boat and lifts for 2 jet skis and is equipped with electrical and water. Listen to the water lapping on shore as the waves crest across this 3 mile wide, deep sand bottom lake, lined with cypress trees. To the left of the front entrance are two more bedrooms and a luxury bath with high-end finishes and double sinks. To the right of the kitchen is the laundry room complete with cabinets, a work station, and a separate office/4th bedroom with its own private entrance. This home boasts gray water-resistant luxury vinyl flooring, perfect for lake footprints. This is the ideal home for family and friends to enjoy, even for meditation or yoga as it sits close to the water making it feel as if you are floating on the lake. This is a true water sports paradise with a million dollar view of the lake visible from every room. Don't miss this opportunity to own a rare piece of Old Florida lakefront property loaded with recent updates and impeccable maintenance! A dream come true!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1985
MLS Number
G5079217
Location
Address
12408 HULL ROAD
City
CLERMONT
State
FL
Zip Code
34711
County
LAKE (SOUTH)
Listing
Provider
Direct Sell Inc DBA Weichert Realtors Hallmark Pro, original listing
Name
Direct Sell Inc DBA Weichert Realtors Hallmark Pro
Phone
(407) 841-0888
Office Name
WEICHERT, REALTORS-HALLMARK PR
Office Phone
(352) 536-9948
Agent Name
Nancy Haufe

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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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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.