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3951 Se 160th Ave
Morriston, FL 32668
$1,299,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2962
Property Description
Nestled amidst the serene landscape of Morriston, Florida, welcome to the epitome of luxury living – La Sienna Farm. This exquisite estate spans over 20 private acres, boasting a breathtaking Mediterranean-inspired residence that embodies timeless elegance and unparalleled craftsmanship.As you meander down the entrance lined with majestic live oak trees and draped with Spanish moss, a sense of tranquility envelops you. Magnolia, myrtle, sycamore, bamboo, and bottlebrush trees adorn the property, creating a botanical paradise. The grand courtyard, adorned with exotic flowers and plants such as hibiscus, rose, and palms, sets the stage for the opulence that awaits within. Step through the massive front doors where you’ll be greeted with soaring 18-foot ceilings and a wall of french doors that lead to the covered veranda. Terracotta saltillo tile and wood flooring, complemented by mosaic tile designs, create an ambiance of sophistication and warmth. Mosaic murals featuring koi fish and birds adorn the walls, adding a touch of artistic flair to the Mediterranean influence of the home. The chef's kitchen is a culinary haven, equipped with a 6 burner gas range, custom-built wood shelving in the pantry, and a wine fridge to cater to the most discerning connoisseurs. Three bedrooms and three bathrooms, which includes a luxurious master suite with a spa-like bathroom, electric fireplace, and access to the back veranda, provide comfort and serenity. The guest suite on the opposite wing of the home features its own private entrance complete with a bathroom, dressing room, and sitting area. Outside, the covered veranda offers sweeping views of the lush landscape, perfect for outdoor entertaining or simply basking in the beauty of nature. A greenhouse and chicken coop, as well as horse facilities including stalls, paddocks, and a tack/feed room, cater to the equestrian enthusiast. For aviation aficionados, a private airstrip awaits, offering convenience and accessibility to the skies. As well as a hangar/equipment garage with a guest/employee quarters that feature one bedroom, one bathroom, kitchenette, and living room. Direct access to the grassy airstrip from the hangar. Behind the hangar there is a location to park your RV with hookups to include electric, water, and septic. And with high-speed Wi-Fi connectivity, working from home or streaming your favorite content is a breeze. Conveniently located from renowned equestrian venues such as the World Equestrian Center (WEC) (22 miles) and Horse Shows in the Sun (HITS) (12 miles), as well as picturesque natural attractions like Rainbow Springs and Silver Springs, La Sienna Farm offers the perfect blend of luxury, leisure, and convenience. Don't miss this rare opportunity to own a timeless architectural masterpiece and indulge in the equestrian and aviation lifestyle in charming central Florida. Live the life you've always dreamed of at La Sienna Farm.
Property Information
Lot Size
21 acre(s) square ft
Property Type
Residential
Year Built
2010
MLS Number
T3518124
Location
Address
3951 SE 160TH AVE
City
MORRISTON
State
FL
Zip Code
32668
County
LEVY
Listing
Provider
Align Right Realty Gulf Coast, original listing
Name
Align Right Realty Gulf Coast
Phone
(813) 230-0753
Office Name
ALIGN RIGHT REALTY GULF COAST
Office Phone
(813) 994-3793
Agent Name
Sherri Sladek

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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.