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3170 Double Bridges
Rutledge, GA 30663
Chris Hodges with Madison Realty, original listing - (706) 342-0693
$4,399,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 3
Property Type
Conventional
Square ft
5341 Square Feet
Property Description
Welcome to a rare & unique Retreat. OWNER IS OPEN TO SUBDIVING. Surround yourself with nature & tranquility, an animal lover's dream. 230+ acres that adjoin Hard Labor Creek State Park, complete with pastures, woods, 2 ponds and 3 creeks, ATV trails. Convenient to Madison, Atlanta airport, and Athens, this property with gated entrance opens to a long driveway that leads to a well-designed, efficient main home, blending with its natural surroundings. Built in 2007, the home features cedar siding. The interior layout boasts a two-story open floor plan concept with a covered porch surrounding the home. Hardwood floors & tile throughout. Master suite is located on the main floor, includes a gas fireplace that radiates heat, large closet area, infra-red sauna, soaking tub, separate shower, bidet, laundry chute & access to an outside shower through a separate entrance. The Kitchen is spacious & well-appointed, featuring an induction cooktop set in a large center island, custom cabinetry with slow draw back drawers, and lazy susan. Kitchen opens to a screened porch with plexiglass, cozy living area with wood burning fireplace & dining Area. There's a noise-proofed office with a small walk-through to the master suite, built as a safe space. Laundry/Mud Room includes two W/D connections, drip area with drain, and a 1/2 bath sits close by. Outdoor relaxation and enjoyment with nearby fire pit. Upstairs offers 4 Bedrooms, 2 full bathrooms, 2 1/2 bathrooms, storage Room, sitting Area with mounted TV & built-in bookcases. Detached garage with 5 oversized bays, 2 separate carports, separate entrance & concrete flooring. 4 HVAC units, generator, 1000 gallon in ground natural gas tank. The Main Barn (60 x 60) is a durable & low maintenance Morton metal building, accommodating both horses & a 1 bedroom apartment. It includes 7 (12 x 12) stalls, with individual paddocks (12 x 24), double Dutch doors, soft stall flooring system & automatic watering system. The 1-bedroom apartment is complete with HVAC, all electric appliances including W/D, covered porch with separate entrance. Tack Room is equipped with HVAC & a revolving tack door. Additional amenities include a hitching post & large tacking area, 1/2 bath, wash stall with foot-operated pedal sink. Located by the barn is Park access to 23 miles of State Park maintained riding trails. Additional facilities include a Metal Hay & Shavings Barn (24 x 48), an Indoor Arena (200 x 80) & a Metal Shop (24 x 24). The arena is a metal structure with a coverall. The Pinnacle Footing is a blend of polymer coated sand and fibers, dust-free & easy on horse joints & tendons. The Morton metal shop includes 3 bays for tractors or equipment (12 x 24 each) & a covered area (24 x 24) with concrete flooring for covered storage. The shop is equipped with sliding barn doors, electricity, & 1000-gallon diesel tank. These facilities collectively support a well-rounded and efficient operation for maintaining horses, storing essential supplies, and conducting agricultural tasks. Whether for professional equestrian pursuits or hobby farming, this setup provides the infrastructure needed to manage and care for animals while ensuring operational convenience & efficiency. The property layout includes 30 acres dedicated to pastures, each fenced (5 to 15 acres). The fencing throughout the property is wood & composite materials. All pastures are separated by alley ways. 5 pastures are located in front of the barn, 1 in front of the house, 1 on the side of the home, 1 adjacent to the hay field. 3 sunroof structures (60 x 36) for horses with 5 paddocks, water & electricity. There is a 1.2 mile running route, fully fenced, to exercise horses. The Hayfield is 40 acres. Oval 250-yard training track with 300-yard racetrack adjacent. Waterfall by campground. ATV Trails with Jumps. Wildlife includes deer, boar, wild turkey, geese, ducks.
Property Information
Lot Size
230 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2007
MLS Number
--
Location
Address
3170 Double Bridges
City
Rutledge
State
GA
Zip Code
30663
County
MORGAN
Listing
Name
Phone
(706) 342-0693
Office Name
Office Phone
(706) 342-0693
Agent Name
Chris Hodges
Agency Phone
(706) 342-0693

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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.