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808 Hunters Bay
Brandon, MS 39047
$819,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
4670
Property Description
Enjoy a vacation every day on this WATERFRONT property! This magazine picture perfect 5 bedroom 5 and a half bath waterfront home tucked away on a quiet cul-de-sac offers resort living in your own backyard. As you step inside the entry area and living room you immediately see a view of the pool and Reservoir and the light coming in through all of the windows and skylights throughout this warm, elegant home. Other features include a formal dining room, a stylish bar with maple countertops, copper sink, shelving for bar glasses and icemaker and wine cooler for entertaining any size group of family and friends. The kitchen is a chef's dream with new silestone quartz countertops, stainless steel appliances, a huge eat-in bar with high gloss maple countertop, Wolf gas cooktop, and keeping room with a fireplace again providing a view of the retreat-like setting. The spacious primary bedroom has wood floors, pool views, and a gorgeous spa-like bathroom with marble floors, a soaking bathtub, a large walk-in shower and a generous walk-in closet with dressing table. There are handsome antique pine floors, travertine flooring, custom cypress wood doors, 18 beautiful new windows, 2 fireplaces and architectural features adding designer touches in each room. Other updates include a new roof, new doors, updated light fixtures, new pool lights and pump, and fresh interior and exterior paint. Further down the hall from the kitchen you will find a 2nd master or mother-in-law suite with vaulted ceilings, a newly built luxury bath with closets and built-ins, and an efficiency kitchen and panoramic views of the Reservoir. This space can also be a family/children's den or pool house. From this suite you step out onto the screened porch letting the sun and breeze in but the bugs out! The porch has two separate sitting areas for outdoor living at its best year round. There is also a ''bunk'' room for children (which can sleep 4) that can also be used as a playroom, hobby room or office. This room opens outside to a 2nd deck/play area with a new outdoor shower. Upstairs offers 3 bedrooms and 2 full bathrooms for family or guests. Other outdoor features include a heated infinity pool with the spa/jacuzzi for the perfect spot to sip, dip and relax plus a remote control for the pool lights, pool heater and spa bubbles to be used poolside or from inside. There is also a covered porch perfect for outdoor cooking. A new pier leads to the deck area with a tie down for a jet ski, direct access to the Reservoir and the ideal place to view brilliantly hued red and orange sunsets. This subdivision offers many amenities such as a clubhouse, pool, and tennis courts. One of the great amenities is the access to the private boat launch for Fox Bay Home Owners only. Enjoy living, boating, jet skiing, swimming and more. What a place to call home!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1996
MLS Number
4046857
Location
Address
808 Hunters Bay
City
Brandon
State
MS
Zip Code
39047
County
RANKIN
Listing
Provider
Charlotte Smith Real Estate, Inc., original listing
Name
Charlotte Smith Real Estate, Inc.
Phone
(601) 238-6620
Office Name
Charlotte Smith Real Estate
Office Phone
(601) 238-6620
Agent Name
Melonye Ridgway

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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.