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7067 Us Highway 2
Saginaw, MN 55810
Alicia Lokke with Messina & Associates Real Estate, original listing - (218) 728-4436
$699,000
Conventional
Property
Bedroom
3
Bathroom
Full: 1, ¾: 1
Property Type
Conventional
Square ft
2010 Square Feet
Property Description
Welcome to your dream home! This stunning new construction property, nestled on 10.20 private acres, offers the perfect blend of luxury and comfort. As you step inside, you'll feel as though you’ve arrived at a lavish resort, but the best part is—this magnificent space can be entirely yours. Upon entry, you’ll be captivated by the exquisite conical drum pendant lights, which serve as the centerpiece of the amazing kitchen. The generous quartz countertop island can comfortably seat up to eight people. This kitchen is a culinary haven, equipped with top-of-the-line appliances, including a refrigerator that automatically refills its filtered water pitcher! Want to catch the game while you cook? No problem—there's a cleverly concealed mounted TV in the range hood, ensuring you won’t miss a moment of the action while enjoying your meal. The spacious walk-in pantry is a delightful addition, complemented by ample cabinetry for all your storage needs. A second beverage fridge, sink, and expansive counter space make this kitchen both functional and stylish. As you unwind in the living area, cozy up beside the real wood-burning fireplace, where you can hear the crackle of the fire while soaking in the views of your private yard. This home features three bedrooms and an office which could be a fourth bedroom, including a luxurious primary suite complete with a dreamy en-suite bath and a large walk-in closet with custom cabinets and shelving. Laundry doesn’t seem like such a chore in this spacious laundry room, featuring ample cabinets and quartz countertops, plus extra room for storage. Step outside to the 25x14 ft covered back patio, designed for ultimate outdoor living. With a concrete floor, hot tub, and mounted TV, it’s the perfect setting for hosting unforgettable gatherings. Between the patio and the garage, no worry of messy interiors when hosting friends and family. The garage is equipped with a kitchen area featuring a refrigerator, microwave, sink, and cabinets, while still providing space for two vehicles. Energy efficiency is a priority in this home, featuring in-floor heating and two mini-split A/C units with heat pumps to keep you comfortable year-round. No rural property is complete without additional storage options, and this one doesn’t disappoint with a detached heated two-stall garage, accompanied by an attached heated workshop. This exceptional home is unlike anything else on the market. Don’t miss your chance to make it yours!
Property Information
Lot Size
10 acre(s) square ft
Property Type
Residential-SF/Detached
Year Built
2023
MLS Number
--
Location
Address
7067 US Highway 2
City
Saginaw
State
MN
Zip Code
55810
County
SAINT LOUIS (COUNTY)
Listing
Name
Phone
(218) 728-4436
Office Name
Office Phone
(218) 728-4436
Agent Name
Alicia Lokke
Agency Phone
(218) 728-4436

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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.