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1861 Oliver Bridge Road
Watkinsville, GA 30677
$1,400,000
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
7147
Property Description
Charming Mini-Farm with Spacious Living and Ample Amenities! Nestled on 13.55 acres of picturesque countryside, this charming mini-farm offers the perfect blend of rural tranquility and modern convenience. Boasting a spacious 6-bedroom, 4 full/2 half bathroom home with a finished basement apartment, along with a host of outdoor amenities, this property is a rare find. The main level features a spacious owner's suite, offering a peaceful retreat with its own fireplace and luxurious en-suite bathroom. The heart of the home is the vaulted great room, where towering ceilings and abundant natural light create a welcoming atmosphere and a fabulous view of the fenced backyard and pond. Adjacent to the great room is a gourmet kitchen featuring granite countertops, stainless steel appliances, and a charming breakfast area. The layout seamlessly flows into a dining room, perfect for hosting family dinners and formal gatherings, a dedicated office space and a cozy den offering a quiet space for relaxation or entertainment. Finishing off the main level is an oversized laundry room/mudroom combination, ensuring that household chores are a breeze. Upstairs, you'll find three additional bedrooms and two full bathrooms, providing ample space for family members or guests, Plus a staircase leading to an easy access storage area. But the space doesn't end there a huge bonus room awaits, complete with its own half bathroom, offering endless possibilities for recreation, a home theater, or a private retreat. AND a finished basement apartment featuring two bedrooms, one bath, a living area, and a kitchen, offering additional living space or potential rental income. A three-car garage provides ample parking and even more storage space. The property includes a 6 stall barn including a wash stall and tack room, cow shed equipped with fresh water and fencing that surrounds the property, providing security and peace of mind for both pets and livestock. A tranquil pond adds to the scenic beauty of the property and offers opportunities for fishing or simply enjoying the serene surroundings. Since 2020, New roof, new exterior paint and 90% of all windows were replaced. In 2022, all Heat and Air units replaced, garage doors and motors replaced and backyard was fenced are just a few if the improvements the new owners will enjoy. So whether you're a hobby farmer, equestrian enthusiast, or simply seeking a peaceful retreat to call home, this property has it all. With its combination of comfortable living spaces, outdoor amenities, and convenient location in the award-winning Oconee County school system, it presents a rare opportunity to embrace the joys of country living without sacrificing modern comforts. Don't miss your chance to make this mini-farm your own. Schedule a showing today and experience the charm and tranquility that awaits!
Property Information
Lot Size
13 acre(s) square ft
Property Type
Residential
Year Built
1994
MLS Number
1015290
Location
Address
1861 Oliver Bridge Road
City
Watkinsville
State
GA
Zip Code
30677
County
OCONEE
Listing
Provider
Coldwell Banker Upchurch Realty, original listing
Name
Coldwell Banker Upchurch Realty
Phone
(706) 543-4000
Office Name
Coldwell Banker Upchurch Realty
Office Phone
(706) 543-4000
Agent Name
Bonnie Dunn

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HUD Foreclosures

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.