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8380 Berkley Ridge
Sandy Springs, GA 30350
$3,500,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
10323
Property Description
Rarely does a home come on the market that transports you to an entirely different place from the moment you enter the front doors. This Sandy Springs stunner is reminiscent of the beautiful homes in the mountains of Salt Lake City but located in an incredibly convenient area of north Atlanta. After driving up to this stately new construction property, you'll immediately notice the incredible curb appeal with lushly landscaped spaces on the corner lot, 4-sided brick construction, stone accents, paver pathways and the oversized 3-car garage. As you approach the covered, vaulted front porch and enter the custom iron doors, youCOll be taken aback by the flood of natural light, soaring 12' ceilings, wide-plank hardwood floors, brick and stone accents and open-concept entertaining spaces. This home is perfectly laid out for daily life and entertaining alike with one-level living being achieved through a convenient primary suite on the main level along with several guest suites, a massive chefCOs kitchen and scullery, large laundry room, guest powder room and two beautiful covered porches. The kitchen is awe-inspiring with its vaulted ceilings, massive island with waterfall Quartzite countertops, luxury appliance package and attached scullery/walk-in pantry. The primary suite feels like you've entered a luxurious spa. A double-sided fireplace separates the lounging and sleeping areas while the ensuite bathroom is highlighted by a stunning walk-through shower, clawfoot tub under a dreamy fireplace wall and two large walk-in closets. The expansive space over the 3-car garage features an amazing office or bonus room with wet bar, bedroom, full bathroom, second laundry space and ample storage - perfect for a parent, guests, au pair, older child, etc. The finished basement is an entertainerCOs dream with 10' ceilings and features like a large bar (with a serving window to the rear patio), game area, stone wine room, expansive gym, sauna, golf simulator area, full bath and large living room. The crown jewel of this 1-acre property is the unbelievable private rear space that features a heated Pebbletec pool and spa, large yard and separate fenced area for your four-legged companions. This is a dream home that youCOll truly never want to leave and that everyone will want to come visit! The photos just don't do this property justice. Conveniently located to all major highways, restaurants and retail, fantastic area private schools and Dunwoody Country Club.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2023
MLS Number
10272845
Location
Address
8380 Berkley Ridge
City
Sandy Springs
State
GA
Zip Code
30350
County
DE KALB (WEST)
Listing
Provider
Keller Williams Realty Atlanta Partners, original listing
Name
Keller Williams Realty Atlanta Partners
Phone
(678) 341-2900
Office Name
Keller Williams Realty Atl. Partners
Office Phone
(678) 341-2900
Agent Name
April Rener

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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.