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670 Eagles Roost Lane
Hamilton, MT 59840
$1,600,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3026
Property Description
Welcome to a captivating rustic cedar sided Montana home nestled on 38 acres of picturesque land, divided into 3 separate parcels, and enveloped by the breathtaking beauty of the Bitterroot Mountains and a 40-mile view of the Bitterroot Valley. This 3-bedroom, 3-bathroom plus a bonus room and office, 3,026 square foot property is a sanctuary of tranquility, offering a peaceful retreat amidst nature's embraces and the harmonious symphony of wildlife. Step inside and be enchanted by the rustic charm and modern comforts of this delightful home. The well-equipped kitchen seamlessly blends functionality with rustic elegance, boasting ample wooden cabinetry and a stylish island perfect for both dining and culinary adventures. The open living concept family room features many windows bringing in natural light, a cozy fireplace, high beamed ceilings, and panoramic views of the entire east valley, providing a serene backdrop for everyday living. Retreat to the main level owner’s suite bedroom, where comfort meets luxury with stunning views of the valley and the Sapphire Mountains. Indulge in the spa-like bathroom, complete with a soaking tub offering unparalleled vistas, a true oasis of relaxation. Step outside onto the lovely deck, an ideal spot to savor a cup of coffee while immersing yourself in the fresh morning air. The lower level offers a second living area with outside access, two equally comfortable bedrooms, and two versatile bonus rooms perfect for an at-home gym, office, or art studio. Outside, discover the property's enchanting features including 2 flowing creeks, a large meadow/field with irrigation, a detached two-car garage with a ½ bath, and a separate dry cabin with a wood stove - adding to the allure of this remarkable estate. Conveniently located just 7 miles from downtown Hamilton and Corvallis, this property also borders 1,000’s of acres of Forest Service on 2 sides perfect for recreational activities including climbing, mountaineering, and hiking, ensuring endless opportunities for adventure and exploration. Don't miss your chance to make this idyllic Montana retreat your own and escape the hustle and bustle of city life while immersing yourself in the peace and serenity of nature.
Property Information
Lot Size
38 acre(s) square ft
Property Type
Residential
Year Built
1994
MLS Number
30021903
Location
Address
670 Eagles Roost Lane
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 - Hamilton
Office Phone
(406) 375-5556
Agent Name
Jani Summers

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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.