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2685 Cr 564
Bushnell, FL 33513
Connie Mahan with CONNIE MAHAN REAL ESTATE GROUP, original listing - (352) 569-0233
$1,237,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4
Property Type
Conventional
Square ft
4451 Square Feet
Property Description
It is a rare treat to find a custom built Robert Hogan Construction home available for sale. They are passed on through generations and not often available on the open market, but 2025 is smiling on you. Here is your opportunity to secure this incredible home built by a great man, and yes in our book it checks all the boxes. When we say the bones are good, we really mean it. Built in 1991, the home could use some cosmetic upgrades but the traditional ranch style inspired home begs for you to not make it too contemporary. Farmhouse chic would be perfect here! Situated on a beautiful 17.5 acres. Pasture up front on the north side for your farm animal friends, and homesteading dreams, and the privacy of living amongst the trees on the south side of the property. All of the mechanical components are either new or in great working order. The seller says the roof was replaced in 2013 as per the insurance company. HVACS replaced in 2024. Water heaters were replaced in 2024. Brand new water softener and iron filtration system in 2024. Recent 4 point inspection completed November 2024. Both septic tanks were pumped and one new drain field 2024. The absolutely “oh my moment” that is the patio and pool area was recently refreshed with new landscaping, new pool coating, and new pool tile. A true split plan, which back in 1991 was not common, this house is huge but yet somehow cozy. This floor plan is one of the best we have seen. The entrance is stunning with a double door entry, traditional tile landing that is in phenomenal condition and vaulted, original, tongue and groove ceilings that still shine like new, complimented by a gorgeous brick, wood burning fireplace, and brick built-ins. We have never seen a wall of sliders on a home built in 1991, but this home has not just one but two, double sliders with a remarkable view of the patio. The kitchen will “wow” you too. It’s big. Cabinets and counter space for days. Center island with more cabinets. Brand new Samsung appliances December 2024. A large pass through window into the game room, and a walk-in pantry to store the extra snacks. The game/family room is over 700 sqft. Game night, movie night, holiday celebrations, you name it this room was built for it. Off of the game room is another “mini” house or in-law suite. It features its own entrance, living room, bedroom, bathroom, and a room that could serve as a kitchenette….all under the same roof. Technically a 4 bedroom 4 bathroom home OR a 3 bedroom 3 bathroom home with a 1 bedroom 1 bathroom guest suite. Brand new Maytag washer and dryer in the laundry room/craft room. There are plenty of closets and lots of storage space but if you need more, there is not one barn on-site but two. It is a true pleasure to get to showcase this home for sale and we cannot wait to show it to you. If you think the pictures look great just wait till you see it in person. Conveniently located on the north side of Bushnell with easy access to The Villages, the Florida Turnpike, and Interstate 75. Only 1 hour from Orlando International Airport, Walt Disney World, Tampa International Airport, the World and Equestrian Center. Very easy to show, but by appointment only. Please do not go onsite without an appointment and your Realtor. You cannot see the house from the road and the gate is locked. We don’t want you to waste a trip. Don’t take our word for it, we are most definitely biased. We think it’s an amazing home, come see for yourself.
Property Information
Lot Size
17 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1991
MLS Number
--
Location
Address
2685 CR 564
City
BUSHNELL
State
FL
Zip Code
33513
County
SUMTER (COUNTY)
Listing
Name
Phone
(352) 569-0233
Office Name
Office Phone
(352) 569-0233
Agent Name
Connie Mahan
Agency Phone
(352) 569-0233

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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.