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56 Pine Street
Roswell, GA 30075
Kelly Chancy with Keller Williams Buckhead, original listing - (404) 604-3800
$1,995,000
Conventional
Property
Bedroom
5
Bathroom
Full: 5
Property Type
Conventional
Square ft
5020 Square Feet
Property Description
Stunning one-of-a-kind new custom home located in the sought-after Historic Roswell area. Fall in love with the unique two-story foyer windows that light up the entry with natural light, setting a refined tone for elegant living throughout. This 5 bedroom and 5 bathroom home offers so many features including wide-plank European white oak hardwood floors throughout, designer light fixtures, detailed wall accents, and so much more. Inviting and elegant throughout. A true culinary masterpiece, this gourmet kitchen features a custom vent hood, an abundance of cabinetry, a grand bespoke island, sumptuous granite countertops, top-tier appliances, and a meticulously designed walk-in pantry and scullery with custom shelving and a second dishwasher and sink—a space where beauty meets functionality. The expansive great room, anchored by a striking fireplace and sophisticated vertical shiplap ceiling, sets an inviting tone for both intimate gatherings and lavish entertaining. An adjoining dining room flows effortlessly from the kitchen and opens onto a deck with its own outdoor fireplace, perfect for alfresco soirées. Bedroom/Home office on the main and den/bonus room on the upper level with custom barn doors provide versatile living spaces. The luxurious Primary Suite is a sanctuary of sophistication, boasting a vaulted, painted tongue and groove ceiling, a spacious walk-in closet with custom shelving, and an opulent en-suite bath featuring a soaking tub, beautiful tumbled marble mosaic tiled shower with frameless glass, dual vanities, and designer marble tile floors. Each secondary bedroom also enjoys its own en-suite bath and generous closet. Spacious laundry on the upper level with sink and cabinets. Additional highlights include a stylish mudroom with built-in cubbies and a finished walk-out daylight basement complete with a wet bar, living area, separate bedroom, bath, and a secret safe room hidden behind a custom bookshelf. Energy-efficient upgrades abound, including 90% efficient furnaces, LED lighting, spray foam insulation, a tankless water heater, and more. Ideal location minutes from parks, Chattahoochee River trails, upscale dining, the new Roswell Station, and Canton Street highlights complete this unparalleled residence of refined luxury.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2025
MLS Number
--
Location
Address
56 Pine Street
City
Roswell
State
GA
Zip Code
30075
County
FULTON (COUNTY NORTH)
Listing
Name
Phone
(404) 964-2060
Office Name
Office Phone
(404) 604-3800
Agent Name
Kelly Chancy
Agency Phone
(404) 604-3800

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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.