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944 Highway 99 Highway
Brunswick, GA 31523
Trish Sigman with Coldwell Banker Access Realty SSI, original listing - (912) 617-8777
$2,480,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
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Property Description
Dover Hall is a breathtaking slice of Heaven on Earth, comprising two larger adjoining waterfront lots totaling 200+/- acres of pristine natural beauty. With 103+/- acres of buildable uplands, this property offers unparalleled waterfront development potential. Nature enthusiasts will delight in the abundant wildlife, including wild quail, deer, turkey, and dove, making it a paradise for boating and fishing enthusiasts. The property features underground power and six large buildable waterfront lots, all protected by approximately 1,558+/- acres of recreational timber and hunting land in a conservation-friendly easement. This easement grants hunting and timber management rights, ensuring the preservation of this natural wonder for generations to come. Dover Hall is the crown jewel of a 10,000-acre block of land, with the potential to be purchased as one 1,869+/- acre transaction or divided into 10 different parcels. The conservation easement plan allows for approximately 1,558+/- acres to remain as hunting and recreational land, complemented by an existing Timber Management Plan. These large recreational hunting and timber tracts, ranging from 50 to 400 acres, provide excellent habitat for wildlife and privacy for landowners. The property's excellent road systems and existing drainage make navigating the peaceful Georgia pines a breeze. Each of the six waterfront homesites offers breathtaking views of the salt marsh and waterfront, with estuaries teeming with wildlife, including the beloved Georgia White Shrimp. The property boasts 1.4 miles of existing underground power, ensuring convenient access to utilities for future development. Dover Hall is a rare opportunity to own a piece of Georgia's coastal paradise, offering unparalleled natural beauty and endless possibilities for those seeking a truly unique and extraordinary property.
Property Information
Lot Size
488 acre(s) square ft
Property Type
Land-Other
Year Built
--
MLS Number
--
Location
Address
944 Highway 99 Highway
City
Brunswick
State
GA
Zip Code
31523
County
GLYNN
Listing
Provider
Coldwell Banker Access Realty SSI, original listing
Name
Phone
(404) 276-7365
Office Name
Office Phone
(912) 617-8777
Agent Name
Trish Sigman
Agency Phone
(912) 634-0404

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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.