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5152 Boulder Bluff Way
Suwanee, GA 30024
$3,700,000
Conventional
Property
Bedroom
6
Bathroom
Full: 6, ½: 2
Property Type
Conventional
Square ft
12207 Square Feet
Property Description
Nestled in prestigious River Club, one of Atlanta's most sought-after gated, golf communities, this resplendent traditional-style home showcases superior craftsmanship and impeccable design. Its architecture exudes timeless elegance and harmoniously blends with the aesthetic of the community. Newer construction, this estate is a rare find situated on a quiet cul-de-sac on over 3 acre lot backing up to a nature preserve for privacy. Crafted by Danny Storey Homes, the home exemplifies meticulous attention to detail and enduring quality. A stately stone front porch welcomes you, overlooking an expansive front lawn with circular driveway and porte-cochère which leads you to the motor court featuring a 5-car garage. Upon entry, a soaring two-story foyer sets the tone, with updated lighting, a butlers bar with extensive millwork, coffered ceilings and an elegant dining room. At the heart of the home, the fireside formal living room with an impressive custom built marble fireplace mantel and French doors that open to an oversized covered veranda with its own fireplace—perfect for year-round entertaining. The chef’s kitchen, equipped with a suite of premium stainless WOLFE appliances, flows seamlessly into a breakfast room and a vaulted fireside keeping room, offering spaces as functional as they are beautiful. The main-level offers its primary suite, which is a sanctuary of comfort, with beamed ceilings and serene views of the lush backyard, it also offers a secondary en-suite bedroom. This home offers all the modern conveniences and updates to include; three (3) Primary Suites, one on each level, room to install an elevator shaft, if desired, plenty of living space, multiple laundry rooms and spa-inspired baths featuring dual vanities, a soaking tubs, frameless glass/walk-in oversized showers, and custom closets. Upstairs, a central bonus room anchors three spacious ensuite bedrooms. The finished terrace level is a true entertainer’s dream; offering a movie screening room, a fireside game lounge, a recreation room with a kitchenette/bar, a fitness studio, and a guest/primary suite with an ensuite bath, powder room and an abundance of bonus space and storage ensures effortless organization. Outside, the covered terrace leads to a level back yard with an immense amount of privacy allowing you to build the resort-caliber pool and spa of your dreams, surrounded by nature’s tranquility. At The River Club, security and convenience are paramount, evidenced by the unparalleled service provided to members of this community. The Greeters Cottage is staffed 24/7 giving you peace knowing, only guests of residents are on property. When you visit the facilities, you will be greeted by name and served with exuberance, whether you are in the grill, at the driving range or poolside.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2018
MLS Number
--
Location
Address
5152 BOULDER BLUFF Way
City
Suwanee
State
GA
Zip Code
30024
County
GWINNETT (NORTHWEST)
Listing
Name
Phone
(404) 590-4443
Office Name
Office Phone
(404) 480-4663
Agent Name
The Regan Maki Team
Agency Phone
(404) 480-4663

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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.