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12695 Old Surrey Place
Roswell, GA 30075
$2,250,000
Conventional
Property
Bedroom
6
Bathroom
Full: 6, ½: 1
Property Type
Conventional
Square ft
9176 Square Feet
Property Description
Tucked away at the end of a private cul-de-sac and surrounded by over 100 acres of pristine, wooded serenity, this exceptional estate offers the ultimate in privacy and refined living. Nestled on a sprawling 4+ acre lot with seasonal views of Dominey Lake, the property feels like your own exclusive ranch while remaining conveniently located near the best of Roswell. Crafted by SmithCraft Homes as the builder’s personal residence, the home exemplifies meticulous attention to detail and enduring quality. A stately brick rocking chair front porch welcomes you, overlooking an expansive front lawn framed by three-board fencing. Upon entry, a soaring two-story foyer sets the tone, flanked by a fireside study with coffered ceilings and an elegant dining room adorned with custom silk window treatments. At the heart of the home, the fireside great room impresses with custom built-ins and French doors that open to an oversized screened veranda with its own fireplace—perfect for year-round entertaining. The chef’s kitchen, equipped with a suite of premium stainless appliances, flows seamlessly into a breakfast room with banquette seating and a vaulted fireside keeping room, offering spaces as functional as they are beautiful. The main-level primary suite is a sanctuary of comfort, with triple-trayed ceilings, serene views of the lush backyard, and a spa-inspired bath featuring dual vanities, a soaking tub, frameless glass shower, and custom dual closets. Upstairs, a central bonus room anchors three spacious ensuite bedrooms, including one with an adjoining private bonus room. The finished terrace level is a true entertainer’s retreat, offering a movie screening room, a fireside game lounge, a recreation room with a kitchenette, a fitness studio, and a guest suite with an ensuite bath. An abundance of bonus space and storage ensures effortless organization. Outside, the covered terrace leads to a resort-caliber pool and spa, surrounded by nature’s tranquility. Adding to the charm is a converted equine barn, now serving as a car barn and additional storage. The wooded surroundings provide a haven for wildlife, where deer, turkey, and owls are frequent visitors. This property is a one-of-a-kind retreat that combines modern luxury with the timeless beauty of its natural surroundings, all just moments from the vibrant offerings of Roswell.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2003
MLS Number
--
Location
Address
12695 Old Surrey Place
City
Roswell
State
GA
Zip Code
30075
County
FULTON (COUNTY NORTH)
Listing
Name
Phone
(770) 289-2780
Office Name
Office Phone
(404) 874-0300
Agent Name
Chase Mizell
Agency Phone
(404) 874-0300

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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.