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25 Taunton Road
Medford, NJ 08055
$525,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
1792 Square Feet
Property Description
There is nothing as inviting and relaxing as a water view with a golf course along the water! This Oakwood Lakes ranch home is built on a wooded lot, backing to Oliphants Lake! Its' resort like setting is serene and peaceful in every way. Watch golfers tee off at Medford Village CC Golf Course's Hole #13 while relaxing on your private dock on the lake. Enjoy water activities, with the kayak and rowboat the owner is leaving at the property for you. Nature surrounds you here, whether you are outside or inside. And the style of this ranch home fits the vibes of nature. The lines of this mid Century home are stunning. The back wall of the spacious living room and the galley kitchen is ceiling to floor glass windows and doors, bringing that fantastic view into your home. The living room with it's vaulted ceiling and wood beams, features a wood burning brick fireplace with wood mantle and stone hearth. The natural elements compliment the breathtaking view. Gleaming solid hardwood floors greet you as you enter this home, and continue throughout the living room, hallway and all three bedrooms. The galley kitchen also has the view of the lake and so does the large formal dining room. Continue to the family room, with built in shelving and custom windows. There is plenty of closet space in this home, great for storage. However, a storage room for extra items is just off of the family room with access to the exterior. Or if you prefer, the storage room can be used as an office. This home is set far back from the road, with a long driveway and a turn around, maximizing the serenity and stunning elements of the lake location. A two vehicle carport is also available. There is an attic with an access panel and this home has a large crawl space. A sturdy seawall borders the lake along the property. Besides your private access to the lake, this Oakwood Lakes property has an annual HOA fee of $300, for the pleasure of using the Colony Club, which offers additional recreational amenities for the homeowners. For your pleasure, the Colony Club offers a beach, volleyball court, tennis courts, playground and a picnic grove with grills and picnic tables along the lake. Also, the Colony Club has a dock and in July and August, a lifeguard is on duty. The Colony Club is managed by the Oakwood Lakes Community Association.. Kayaks are also available for use with your membership. Living in this home, with this amazing location and access to the Colony Club is resort living in Medford! The home is being conveyed as is, and the new owner can add their details to make it their own oasis. But you can't change that fabulous lakefront location!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Other-Other
Year Built
1955
MLS Number
--
Location
Address
25 TAUNTON ROAD
City
MEDFORD
State
NJ
Zip Code
08055
County
BURLINGTON (SOUTHEAST)
Listing
Name
Phone
(856) 264-3210
Office Name
Office Phone
(856) 428-8000
Agent Name
Nanci Sinclair
Agency Phone
(856) 428-8000

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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.