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Tbd East Pinewood Trail
Roscommon, MI 48653
Kevin Doyle with Hayden Outdoors Real Estate, original listing - (970) 674-1990
$539,000
Conventional
Property
Bedroom
1
Bathroom
½: 1
Property Type
Conventional
Square ft
420 Square Feet
Property Description
This 210 +/- acre pristine river property with 3000+ feet of frontage on the South Branch of the Au Sable River features a log cabin with a majestic white pine setting to a main trail to the elevated outpost cabin overlooking the river. The trail system throughout the mixed forest composed of majestic pines, hardwoods, aspen, cedar, birch, polar and native grasses is all set for the new owners to enjoy this special property. Featuring 210 +/- forested acres with 3000 ft +/- frontage on South Branch Au Sable River. Roscommon County Assessed at 182 acres, per the 28 acres of river front wetlands. Mature forest with majestic pines, hardwoods, aspen, cedar, birch, poplar and native grasses. The property has diverse terrain with many acres of high ground to the spring fed wet marsh areas is perfect wildlife habitat. Private locked entrance with established trail system throughout to enjoy this beautiful property.   The log cabin with knotty pine interior has 1 bedroom, 2 loft bedrooms, kitchen and bathroom. Covered deck area to enjoy the great outdoors. The elevated outpost and small building are located overlooking the river. Metal storage shed for equipment. Utilities are serviced by a new LP gas generator.   Trout fishing, canoeing, kayaking , deer and turkey hunting are the most desired activities to enjoy with owning this beautiful river property. The private cabin setting provides the ultimate relaxation to enjoy Mother Nature. The Au Sable River has been designated a Natural Scenic River and a Michigan Natural River because of its unique and beautiful wild, clear, cold-water characteristics. An 8 mile drive downstream from this property is the renowned Mason Tract stretch of the South Branch Au Sable River from Chase Bridge Rd. to Smith Bridge. This 12-mile river stretch is the classic trout fly water with catch and release regulations. About 15 miles to the renowned river stretch the Holy Water near Grayling. Located 15 miles East from the North Higgins Lake State Park, open year-round, make the Roscommon area a Pure Michigan Recreation Paradise! River property owners can enjoy the swimming beach and boat launch on 10,000+ acre Higgins Lake with crystal clear water with a mean depth of 44 ft. offering exceptional rainbow, brown, brook and lake trout fishing along with smallmouth bass and yellow perch. Also a desirable big lake all sports boating fun! Northeast Michigan with 4 distinct seasons. Located 6.5 miles East of Roscommon, Michigan. Grayling is a 15 mile drive. Mackinaw City is 87 miles. Saginaw is 1 hr, 20 minutes. Detroit 2 hr, 47 minutes.  
Property Information
Lot Size
210 acre(s) square ft
Property Type
Commercial Sale-Other
Year Built
--
MLS Number
--
Location
Address
TBD East Pinewood Trail
City
Roscommon
State
MI
Zip Code
48653
County
ROSCOMMON
Listing
Name
Phone
(231) 679-5610
Office Name
Office Phone
(970) 674-1990
Agent Name
Kevin Doyle
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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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.