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2661 Floral Valley Drive
Dacula, GA 30019
Wade Kids with Cobb Roswell, original listing - (678) 585-0070
$950,000
Conventional
Property
Bedroom
6
Bathroom
Full: 5
Property Type
Conventional
Square ft
6019 Square Feet
Property Description
Stunning, Executive Estate in prestigious Glenaire subdivision. WELCOME HOME! Nestled along the 17th Hole of Hamilton Mill Golf Course this beautifully appointed 4 sided brick home is both meticulously maintained and offers an unparalleled mix of luxury and functionality. As you enter, the main level features a formal living room, a formal dining that that seats 10+ people where you can entertain in style. The 2 story Great Room has floor to ceiling wall of windows that allows tons of natural light, 2 story stack stone fireplace and hardwood floors throughout the main level. The Open concept gourmet kitchen overlooks both the living room and the adjacent living room. The Gourmet kitchen is a chef's delight, featuring modern appliances, breakfast bar, walk in pantry, beautifully appointed white cabinets, double stainless steel ovens, custom-tile backsplash and stone counters. Ample counter and cabinet space make this area perfect for the person who loves spending time in the kitchen. The adjacent family room features marble tile gas fireplace flanked by custom built in bookcases. Step out onto your oversized back deck overlooking the beautifully landscaped backyard featuring manicured gardens and outdoor spaces all along the golf course. Perfect haven for spending time entertaining family and guests in this LUSH outdoor space. The large Guest Suite on the main level features a completely renovated and updated bath for the privacy and convenience of your guests and rounds out the main level. The upstairs Owner's suite is a sanctuary of comfort complete with separate sitting area, double trey ceilings and ample space for relaxing. Owner suite bath has been completely renovated and features custom tile shower, dual sink vanities, beautiful white tile flooring, new cabinetry along with high end fixtures. Owner suite closet is expansive and oversized as well. 3 spacious bedrooms and 2 more full baths along with a conveniently located and large laundry room finish off the second level. The Terrace Level is fully finished and boasts another large bedroom, fully renovated bathroom, complete in-law suite with entire kitchen. This is a perfect space for your in-laws as it also has a separate entrance from exterior. The basement is daylight/walkout and has ample space for theater room, game room, office/study and/or workout area. This home is a custom design build that flows seamlessly from room to room with soaring ceilings, open concept, custom moldings and trimwork. Updates for this home include updated Kitchen, renovated bathrooms, hardwood floors throughout, updated and recessed lighting, irrigation system, 3 car garage, landscaped front and back yard and much much more. Residents have access to Hamilton Mill's tennis, pickleball, volleyball, pool, along with baseball and soccer fields. There is also a playground, fitness center and clubhouse. Not to mention the acclaimed Hamilton Mill Country Club featuring 72 holes of championship golf! This is truly a RARE opportunity to own a REMARKABLE home. Don't miss the chance to make this exquisite home your own! We would be happy to schedule your private showing!
Property Information
Lot Size
14,810 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
2004
MLS Number
--
Location
Address
2661 Floral Valley Drive
City
Dacula
State
GA
Zip Code
30019
County
GWINNETT (NORTHEAST)
Listing
Name
Phone
(770) 312-5369
Office Name
Office Phone
(678) 585-0070
Agent Name
Wade Kids
Agency Phone
(678) 585-0070

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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.