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3448 Cr 567
Center Hill, FL 33514
$8,900,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
4214 Square Feet
Property Description
This property is a rare find of beauty, functionality, & safety. The home is an incredible work of art, engineering, & craftsmanship. Designed & built by not one but two engineer owners. Every single piece of wood was hand crafted w/intention - mortise & tenon, timber frame construction created w/elements of Cypress, Cedar, Mahogany, Cherry, & Birch. Built 1996-1999 you would not know it other than maybe because the “style” or colors of finishes in the bathrooms have changed. Sitting on almost 78 acres, tucked in the woods, this 4,214 sqft masterpiece awaits. If you need or want to be in Florida but want to be as remote as can be & also only minutes from major travel thoroughfares then this is it. When you approach this home it is intriguing & exciting - you just know it’s going to be spectacular. 4 bedrooms, 3 bathrooms, w/a true open concept living area. Large pantry w/library ladder. Huge kitchen w/granite counters & center island cooking space. Warm & inviting living & dining spaces somehow gigantic yet also cozy. Beautiful Chicago bullet glass stained glass. Hand carved doors. 3 bedrooms downstairs. 4th bedroom & office/craft room are upstairs. Bedrooms are flooded w/natural light. This home was not just built to be visually stunning but also as a safe refuge from Mother Nature. Built for Florida weather it has a metal roof the likes we have never seen before. Metal shingles fastened w/7 screws per shingle, mounted on 3/4 inch plywood attached to trusses bolted through & fastened all the way down to the slab of the home built to withstand up to 180 mile per hour winds. Keeping those heavy rains in mind it’s built 2 feet above grade w/a gutter system that sheds 11 inches of water per 24hrs to a retention pond away from the home. Self sustaining this hidden estate has solar power capability to be fully off grid w/proper load management. Plenty of wildlife. Full mature permaculture gardens & orchard with so many varieties of fruits, vegetables, herbs, nuts, & spices that we can’t list them all. Zoned irrigation throughout the necessary spots. (3) 200 gal, owner owned, propane tanks. 2 wells. There is also a large 42x43 food storage/tornado shelter/basement under the home. At the center bay of the slab there is 14 inch thick concrete if you would like to add a stone fireplace to the home. Fully perimeter fenced w/turnpike wire & top board. Property is 80% old natural Florida w/oaks, pines, & palmettos. Multiple trails through the woods & along the perimeter. Two massive buildings on site. A 40x70 workshop w/electric - it is a shop of dreams. Large enough to fit 2 hydraulic car lifts & still have room to work. 5 large doors. Up top there is a ton of extra timber & wood from the original construction of the home. And also a 65x72 building that was originally designed as a 9 stall horse barn but is now used for storage & equipment. It is not possible to properly represent this home in the basic description space this platform allows. Currently zoned rural residential. Grow your flock or your herd w/plenty of foraging or land that could be cleared. Full picture profile, designs, floor plans, full plant lists, & more available upon request after proper verification of funds & intention. Pictures are withheld for privacy. For details please call or message us today. 1 hour to both Orlando & Tampa International Airport. Smaller airports close by. Less than 2 hours from either coast. By appt only. Do not access property - guard dogs onsite!
Property Information
Lot Size
77 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1999
MLS Number
--
Location
Address
3448 CR 567
City
CENTER HILL
State
FL
Zip Code
33514
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.