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886 Sonya Road
Clayton, GA 30525
$2,000,000
Conventional
Property
Bedroom
3
Bathroom
5
Property Type
Conventional
Square ft
4832
Property Description
MOTIVATED SELLERS! You won't find a better constructed home! This one is Phenomenal! An extraordinary opportunity for your buyer to play in rare air! A home that has been lovingly built with all the best structural materials awaits someone who will complete it with their special touch and taste. All the hard work has been done '.. this adventurous buyer can finish this one-of-a-kind retreat in Rabun County with their own vision. This exceptional home is situated on over an acre of land on a mountain top which overlooks 240 degrees of Lake Burton, with the added benefit of backing up to a protected 900+ lush acres of Georgia Power owned property. The views from this property are truly postcard perfect. The design of this home was inspired by travels throughout the western United States and features the finest building materials, including Western Red Cedar and Douglas Fir logs imported from Montana, a Vermont slate roof with a 100-year warranty, 16 oz. copper flashing and roof panels, hand-selected stone from Tennessee, Weather Shield - Aluminum clad windows/doors, and rounded corners throughout to flow with the curvature of the logs. Inside, you will find soaring ceilings in the grand living space which is flooded with natural light, plus three bedrooms, four and a half baths (two of which are plumbed for a steam shower ~ or have one steam shower and use the other 220V for an EV Charger!), and five stacked stone fireplaces. The open floor-plan terrace level has 10 and 12-foot-high ceilings and is plumbed for a wet bar, making it perfect for entertaining. There is also an additional bedroom and a completed kitchenette, which would be ideal for a guest suite. The home is built on a 12 concrete foundation at 5000 PSI, ensuring durability and stability. This home is equipped with a tankless water heater and a whole house water filtration system for added convenience. The copper gutters extend four feet from the house, creating a soothing sound effect when it rains as the water cascades onto a bed of rocks. The property includes a bonus treehouse featuring 7 windows, french doors, and a sleeping loft, making it perfect for camping, extra guests, gardening, or simply enjoying a good book. For those who need to stay connected, the home is wired throughout with Cat6 ethernet cable, making it easy to connect with the world from your private escape. The surrounding area is teeming with wildlife, including deer, eagles, armadillos, bears, bobcat and more, providing a captivation show to enjoy from the comfort of your home. This private oasis offers access to Lake Burton through the community's dock or local boat storage businesses. It is conveniently located near the 2-mile Hemlock Falls Trails, 8 miles from The Appalachian Trail, fly fishing, snow skiing, horse back riding, and hunting. It is 4 miles from the acclaimed Waterfall Country Club, which offers golf and fine dining options. Truly an exceptionally, well built property. Note: while the HOA annual fee is $2,000; there is a special assessment due for the paving of the private road of $8000 paid in two parts of $5,000 in 2024 and $3,000 in 2025.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2017
MLS Number
7311071
Location
Address
886 Sonya Road
City
Clayton
State
GA
Zip Code
30525
County
RABUN
Listing
Provider
Berkshire Hathaway HomeServices Georgia Properties, original listing
Name
Berkshire Hathaway HomeServices Georgia Properties
Phone
(770) 393-3200
Office Name
Dunwoody Office
Office Phone
(770) 393-3200
Agent Name
Kerry Arias

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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.