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1892 Blacks Mill Road
Dawsonville, GA 30534
$1,850,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
Blacks Mill Farm, a rare gem of a property is being Re-Envisioned & Right-Sized for A New Generation. Elegant Georgian Colonial Estate Home is being offered for sale on approximately +/- 6.2 AC of the most beautiful level, landscaped lawns imaginable. Coming up the long driveway you are captivated by the stately residence sitting prominently at the end of a large circular drive surrounded by lush landscaping providing plenty of privacy. Expertly constructed and custom designed, this all brick home has a floorplan perfect for both everyday casual living or entertaining large formal gatherings. In true Georgian style, the Grand Foyer is impressive from the imported Italian Marble floors to the spectacular views of the backyard through a 2-Story wall of windows. Four Large stately living spaces each with a masonry fireplace flank the foyer. On one side is a Home Office and Primary Suite which features a Spa-like Bath with double vanities, steam shower, jetted soaking tub, spacious closets and separate Sunroom overlooking the gardens. The Primary Suite also has a private entrance to the back patio which is perfect for relaxing with a morning cup or coffee while reading the newspaper. Across the Foyer, the Living Room and Formal Dining Room offer expansive spaces before each open into the Breakfast Room and Kitchen, which with its classic black and white checkered floor tile is reminiscent of a timeless French Look. Full bath, oversized pantries and utility/laundry room on main level provide extra storage space. A hand-crafted curved wooden staircase at the back of the foyer leads upstairs to 4 large bedrooms, 2 covered balconies, 2 baths and endless storage closets. Wide Covered Porches and Walk-ways coupled with large windows and double glass doors allow many ways to seamlessly transition between indoor & outdoor spaces easily. Architectural details include in-laid hardwood floors, extensive trim, soaring ceilings, superior floor joists, side gabled roof and symmetrical designs consistent with Georgian style. An unfinished basement with a 5th masonry fireplace and additional garage door provide plenty of room for a workshop and additional storage as well as access to mechanical systems. Between the main level attached oversized 3 Car Garage with workshop above and extra storage and the paved parking pads, there is ample guest parking. This estate is ready for buyers that appreciate classic style, large living spaces, and can envision making this extraordinary property as their own. Additional Buildings & Acreage Available For Sale - Ever Dreamed of an Equestrian Estate consider adding acreage with pasture and pond to create perfect place for your ponies to play. Or Car Collectors might want to add the 8,000 sqft car/workshop w/acreage or Create special homestead for multiple Family members. - Located Minutes to GA 400, Lake Lanier, Shopping and beautiful North Georgia yet only about an hour from Atlanta. Truly One of a Kind Opportunity!!
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
1991
MLS Number
10225279
Location
Address
1892 Blacks Mill Road
City
Dawsonville
State
GA
Zip Code
30534
County
DAWSON
Listing
Provider
W.L. Norton Agency, original listing
Name
W.L. Norton Agency
Phone
(770) 532-0022
Office Name
The Norton Agency
Office Phone
(770) 887-0053
Agent Name
Lori Martin

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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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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.