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1271 Old Cane Mill Drive Se
Darien, GA 31305
$1,720,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
6412
Property Description
Discover serenity in this splendid modern craftsman-style coastal estate, spanning 2.25 acres of natural beauty along the tranquil Crum Creek. Nestled in Darien's prestigious Tolomato Island, this residence offers unparalleled privacy and breathtaking views, complete with a private dock. Enveloped by ancient oak trees and overlooking marsh views of Sapelo Island, the property tells a story that dates back to the 1800s with the historic tabby ruins of an old Sugar Mill. With a seamless blend of modern luxury and historic charm, the home features two levels housing 5 bedrooms, 3.5 baths, and a generous 6412 sq ft of living space. An elevator ensures convenience, while a detached carriage house with a 2-car garage and a bonus room and half bath on the ground floor and upstairs is a full residential dwelling, 1281 square feet with 2 bedrooms, a full bath, a living room, and a full kitchen. In the event of a power outage, you can operate the carriage house backed up by the reliability of a Generac generator. The heart of this residence is the Chef's kitchen, adorned with granite countertops, high-end custom cabinetry, three sinks, a Dacor range/oven, Sub Zero fridge, Dacor warming drawer, and Dacor microwave. Additional features include a full-size butler's pantry, a breakfast nook, a casual open dining area, a formal dining room, a living room with a brick gas fireplace, a den, and an office/guest room. Upstairs, discover 4 bedrooms, 2 full bathrooms, a spacious family room with a full wet bar, and a large covered porch/outdoor living room. The Primary suite on the first floor is exceptional! It is comprised of a large bedroom with a view of the river, his and her closets, a laundry room, a sitting area/gym, a well-appointed bath with a cavernous tile shower, two bathroom vanities, a makeup vanity, built-in bench seat, and a jetted tub with a large window bringing in warm natural light. Embrace the outdoors with a deck off the kitchen for morning coffee and bird watching, a ground-level sitting area ideal for a fire to relax and enjoy the serene natural setting. Rest easy knowing this elevated property sits in an X Zone, eliminating the need for flood insurance. Community amenities abound, from pickleball and tennis courts to a pool, community dock, and nature trails. Conveniently located, this haven is just 10 minutes from downtown Darien, 20 minutes from Brunswick, and 40 minutes from St. Simons Island. Access to three airports ensures ease of travel, with Savannah an hour to the north and Jacksonville to the south a mere 1.5 hours away. Indulge in the epitome of coastal living with this remarkable residence that blends history, luxury, and natural beauty. There is a 360 virtual tour of the entire home. Copy and paste this URL into your browser's search bar: https://youriguide.com/1271_old_cane_mill_dr_se_darien_ga/ or click the virtual tour button in the listing menu. There is also a video walkthrough https://www.dropbox.com/scl/fi/mize5g913ynsmbjqtez9b/1271oldcanemill.mov?rlkey=owncytrcka8ri9b6f73v3u3ra&dl=0
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2007
MLS Number
1644012
Location
Address
1271 Old Cane Mill Drive SE
City
Darien
State
GA
Zip Code
31305
County
MC INTOSH
Listing
Provider
Avalon Properties Group, original listing
Name
Avalon Properties Group
Phone
(912) 289-4990
Office Name
Avalon Properties Group, LLC
Office Phone
(912) 289-4990
Agent Name
Tom McBride

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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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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.