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391 Skyline Drive
Hamilton, MT 59840
$9,789,000
Conventional
Property
Bedroom
7
Bathroom
6
Property Type
Conventional
Square ft
8999
Property Description
Welcome to your dream retreat just outside of Hamilton, MT. This newly constructed executive home is a masterpiece of design and craftsmanship, boasting stunning views of both the Bitterroot and Sapphire Mountains. Situated on an expansive 27.79 acres, this property offers the perfect blend of luxury, functionality, and natural beauty. Being sold turn key and fully furnished, the main home, spanning an impressive 7,881Sq. Ft, is a seamless fusion of modern amenities and rustic charm. The original log cabin on the property served as the foundation, around which the home was built and expanded. Impeccable attention to detail and thoughtful construction ensure that every aspect of this home is a work of art. Step inside to be greeted by intricate wood detailing, myrtle hardwood flooring, and exposed beams that add a touch of elegance and warmth throughout. High-end finishes and fixtures elevate the living spaces, providing a deluxe living experience and comfortable environment. The main home offers 5 bedrooms and 5 bathrooms, providing ample space for any occasion. The chef's kitchen is a culinary delight, featuring a massive island with an eating bar, granite and maple countertops, a 6-burner gas stove with a griddle, custom cabinets, and a generously sized pantry. The primary suite, located on the main level, is a private oasis with vaulted ceilings, access to the covered deck, a large walk-in closet, and a luxurious bath with a soaking tub and custom tiled shower with dual shower heads. For entertainment and relaxation, head to the lower level, where a custom wet bar with granite counters and a stone fireplace await. Keep yourself fit in the gym room complete with a sauna, perfect for unwinding after a day of activities. The exterior of the main home is equally impressive, featuring manicured landscaping, an expansive covered deck, and a covered patio with a hot tub, offering the ideal setting to enjoy Montana's scenic beauty year-round. Nestled amidst the serene landscape, the charming 2 bedroom and 1 bathroom guest house on the property provides a comfortable living area for any visitor. The open concept seamlessly blends the well appointed kitchen and living room. The attached 3 car garage, featuring an RV bay, offers convenience for guests with larger vehicles. With picturesque surroundings and manicured landscaping, the guest house provides a private and welcoming space, ensuring a delightful stay for all. Equestrian enthusiasts' dreams come true on this property with a well-equipped barn catering to all their needs. The barn features 5 spacious horse stalls, ensuring ample space for their beloved companions. A convenient wash stall makes grooming a breeze, while the well-organized tack room keeps equipment easily accessible. For added convenience, a bathroom is included in the barn. Conveniently located within a short drive to Hamilton and only 15 minutes from the renowned Stock Farm Club, this property allows you to enjoy both privacy and easy access to local amenities and recreational opportunities. If you've been searching for a luxurious, spacious, and thoughtfully designed home in the heart of Montana's breathtaking landscape, this property is your answer.
Property Information
Lot Size
27 acre(s) square ft
Property Type
Residential
Year Built
2023
MLS Number
30011186
Location
Address
391 Skyline Drive
City
Hamilton
State
MT
Zip Code
59840
County
RAVALLI
Listing
Provider
Engel & Volkers Western Frontier, original listing
Name
Engel & Volkers Western Frontier
Phone
(406) 926-3322
Office Name
Engel & Völkers Western Frontier - Missoula
Office Phone
(406) 926-3322
Agent Name
Dawn Maddux

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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.