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1799 Katie Lane
Victor, MT 59875
$1,100,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1899
Property Description
Welcome to 1799 Katie Lane! This exceptional property offers a luxurious retreat in the serene natural setting of Victor, Montana. With 3 bedrooms, 2 bathrooms, and 1,899 sq. ft. of living space, this off-site stick frame home boasts custom timber frame accents throughout, creating a unique and charming aesthetic. It sits on a sprawling 5.17-acre lot, providing ample space for your dream Montana lifestyle, and is located just a few minutes from Victor, Hamilton, and Downtown Missoula and their amenities and outdoor recreations. Step inside and discover the comfort and convenience of this well-designed home. The interior boasts an inviting living room and office/den, offering plenty of space for relaxation and entertainment. The kitchen is well-designed with a large centered island and modern appliances, ensuring a comfortable cooking experience. An attached laundry/mudroom provides additional kitchen and laundry space, enhancing the functionality of this home. All granite countertops in the whole house and backsplash are Italian tiles. The primary bedroom features an ensuite bathroom with a generously sized walk-in shower that accommodates a shower chair to enhance accessibility, a bathtub, and double vanities. The closets in the home are thoughtfully designed with clothes racks and ample storage in large drawers. Outside, you'll find beautifully raised flower beds with an auto sprinklers system and a raised garden filled with perennials and English flowers from England, perfect for those with a green thumb. The screened rear porch with an attached 14' x 14' cemented patio provides an ideal spot for relaxing in the evening while enjoying the natural surroundings. You’ll also love the cozy bonfire area in the backyard, perfect for hosting guests and creating lasting memories! Parking and storage are a breeze with a spacious 30x60 garage/workshop, offering plenty of space for your vehicles and projects. The 4-year-old shop has an 8’ x 18’ auto double garage door on the east end and a 12’ x 12’ double door on the west end, along with assorted attached cabinets with workbenches. Plus, there's more to this property than meets the eye. There is a possible additional building site on the property, opening up exciting possibilities for expansion or customization to suit your needs. For added convenience, this property comes equipped with a built-in water softener and filter system designed specifically for in-house water, ensuring quality water throughout. Additionally, a generator is included, ensuring that you'll always have power and peace of mind no matter the weather or circumstances. An air conditioner has also been installed for added comfort during warmer seasons. Furthermore, the house was painted in 2023 for a color change to match the shop. Another notable feature is the crawlspace, spanning the length of the house with a 4' height. Covered in plastic and equipped with lights, it offers convenient access from inside the house, providing easy maintenance and storage solutions. This property is a nature lover's paradise, with abundant wildlife including deer, moose, bear, fox, and wild turkeys roaming the area. The beautiful aspen trees surrounding the property add to the tranquil atmosphere. The property also offers excellent biking routes and the opportunity to explore miles of mountain trails right from your doorstep. It's conveniently located between the Fred Burr and Bear Creek Trailheads, providing endless hiking opportunities. Plus, you're just one mile away from the fire station, ensuring peace of mind. Don't miss out on the opportunity to make this wonderful property your own. Call Mike Hyde at 406-370-0091, Dominic Hyde at 406-880-8437, or your Real Estate Professional today!
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
2018
MLS Number
30020383
Location
Address
1799 Katie Lane
City
Victor
State
MT
Zip Code
59875
County
RAVALLI
Listing
Provider
Keller Williams Realty Western Montana, original listing
Name
Keller Williams Realty Western Montana
Phone
(406) 926-3434
Office Name
Keller Williams Western MT
Office Phone
(406) 926-3434
Agent Name
Mike Hyde

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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.