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2851 W 223 Rd St
Bucyrus, KS 66013
Brin Hayden with Hayden Outdoors Real Estate, original listing - (970) 674-1990
$2,250,000
Conventional
Property
Bedroom
5
Bathroom
Full: 5, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Located just east of Bucyrus, this 43± acre estate features a stunning 13,000 sq ft colonial-style home with 5 beds, 5.5 baths, and an 1,100 sq ft master suite. Designed for luxury and comfort, it offers a spacious kitchen, private in-home suite, elevator, and a walk-out basement with a wet bar and storm shelters. With multiple patios, dual garages, and central air, this property blends elegance, space, and functionality.The Broken Lance property spans 43 acres with a quiet pond near the entrance and a long, winding driveway that leads up to the house. Sitting atop a hill, the home overlooks rolling pastures, scattered trees, and open space. Fenced sections break up the land, creating functional areas for livestock or other uses. The mix of open fields and wooded pockets gives the property both privacy and usability. This nearly 13,000 sq ft colonial-style home offers an expansive and elegant living space. The residence features 5 bedrooms and 5 1/2 bathrooms, including a master suite that spans 1,100 sq ft. The open-style kitchen is designed for both functionality and beauty, with two islands, a large pantry, and a double oven. Large rooms throughout the home provide ample space for comfortable living. The home includes a private in-home suite complete with its own kitchen, bedroom, and bath. A full-size elevator services all three floors of the home. The fully finished walk-out basement includes two large concrete storm shelter/storage rooms, a wet bar, pool table, game room, fireplace, and a large main room. Additional features include two laundry rooms, one upstairs and one in the basement, two two-car garages, a large screened-in patio off the main floor, a large patio off the walk-out basement, and two large porches on the front of the home, one on the main level and one on the second story. The home is equipped with central air and features a combination of carpet and wood floors throughout. This residence offers a blend of luxury, practicality, and ample space for living and entertaining. Miami County, KS, receives an average annual rainfall of approximately 40 inches. Most precipitation occurs in the spring and summer months, with May and June being the wettest months due to frequent thunderstorms. The driest months are typically January and February. The property is located about 25 miles south of downtown Kansas City, making it a convenient rural retreat with easy access to the metro area. It sits just a few miles west of U.S. Highway 69, a major north-south route that provides a direct connection to Overland Park and other suburbs of Kansas City. The drive to Kansas City's business districts, shopping centers, and entertainment hubs takes approximately 30-40 minutes, depending on traffic. This location offers the benefits of country living while staying within a reasonable distance of urban amenities.
Property Information
Lot Size
43 acre(s) square ft
Property Type
Farm-Farm
Year Built
1995
MLS Number
--
Location
Address
2851 W 223 Rd St
City
Bucyrus
State
KS
Zip Code
66013
County
MIAMI
Listing
Name
Phone
(970) 674-1990
Office Name
Office Phone
(970) 674-1990
Agent Name
Brin Hayden
Agency Phone
(970) 674-1990

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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.