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10531 Alico Pass
New Port Richey, FL 34655
$1,395,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
5827
Property Description
5% Seller financing available!!! Imagine waking up every day in your very own luxurious sanctuary estate. On the edge of town, but still close to everything. A place where you can unwind and relax in style and comfort away from all the hustle and bustle. That's exactly what you'll get with this stunning 5-bedroom, 6.5-bathroom pool home of almost 6,000 square feet located in the exclusive equestrian community of Aristida. On the outskirts of coastal New Port Richey, the house sits on 2.3 acres and boasts many features that a large family, or anyone looking to live large -Florida style- is looking for. As you pull your car up through the circular driveway, and make your way up the steps to the grandiose entrance, you’ll enter a world of modern luxury and light inside. On your left is the formal dining room. On your right, a large office space, perfect for working in the front of the house for good feng shui. Looking straight ahead, you’ll see the enormous living room, which overlooks the pool and your acreage beyond. Passing through the prep kitchen on the left, you enter a true chef’s kitchen, with an open concept and plenty of brightness from the light color selections and natural light shining in. Features include modern shelving, waterfall edge quartz countertops with plenty of counter space, a large island, a custom tile backsplash, all-new cabinetry and hardware, brand new GE appliances, a hood, and views overlooking the pool. You have to experience it in person to really grasp all the possibilities here. As you walk past the nook, and you’ll see a unique indoor/outdoor bar that serves guests both indoors and poolside with a sliding glass window and bar. Continuing along, you arrive at a well-appointed family room space, also featuring panoramic pools views. But wait, don’t miss the centerpiece of the house on your right. Enter the cut-out opening to a bonus room that has many possibilities. With the warm wood luxury vinyl plank (LVP) flooring, this room could be a movie theater, a play area, an art studio, a home gym, or anything else you can dream of, it’s yours! Passing along the backside of the house, you’ll arrive at your primary suite, with views of both the pool on the left and windows overlooking your large yard on the right, plenty of natural light here. Your suite also features warm wood LVP, three-tiered tray ceilings, and a direct pool access door. The primary bathroom features dual vanities, custom tile work, a Roman tub, a walk-in shower, and a large walk-in closet. On the front-right side of the house you'll find four more well-appointed bedrooms, each offering ample space, natural light, and their own walk-in closets. Enter the pool deck from any of the access points along the aft and you’ll be pleased with the size of the deck space, the large pool and spa, and a private steam room. Beyond, the massive backyard is perfect to leave as-is, or you can choose to develop it with additional structures such as a horse barn. Did we mention the four-car garage? Featuring epoxy flooring, it’s ready, set, go for all your toys. All A/C units are brand new, as well as the Roof. Of course location is key as well. Adjacent to the Starkey Preserve, enjoy the serene surroundings and explore the lush trails whenever you desire, while being accessible to both Tampa and St. Pete. You get more for your money out here! Call today and schedule your exclusive showing.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
1992
MLS Number
O6178805
Location
Address
10531 ALICO PASS
City
NEW PORT RICHEY
State
FL
Zip Code
34655
County
PASCO (COUNTY SOUTHWEST)
Listing
Provider
Top Florida Homes, original listing
Name
Top Florida Homes
Phone
(321) 287-3913
Office Name
TOP FLORIDA HOMES
Office Phone
(855) 919-0458
Agent Name
Ninive Quintero

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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.