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2278 W Mina Rd
Clymer, NY 14724
$1,974,999
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
4933
Property Description
We are is pleased to present a special retreat to luxury and serenity in this 4,933 square foot one-of-a-kind custom built log home estate. Rarely do you find a property of this caliber with the additional desirable attribute of a prime location. Secluded privately in the hills near the popular Peek N Peak ski, golf and water sports resort, this property is the ultimate vacation destination or a forever home hide-a-way. 64.9 acres surrounds you with hardwoods, a 3.9 acre park-like yard, a stocked pond, and a home where wildlife abounds. Just minutes to Findley & Chautauqua Lake, the Chautauqua Institution and WNY wine country, outdoor enthusiasts will have additional recreational opportunities to enjoy in the near neighborhood of many Western New York relaxing destinations. This three level home boasts four bedrooms and three and a half bathrooms, comprising of a 2136 sqft main level, a 900 sqft upper level, and a bonus of 1897 sqft. of a finished lower-level basement for additional living space. A six car garage is attached for parking convenience and storage. If home entertainment and barbecue afternoons are in your plans, a 2,200 sq.ft. multi-level deck is part of this home and large enough for the biggest family or social gatherings under the shady trees. The deck also features a built-in hot tub. The pond is stocked with bass and other species of fish with a dock and shore side pavilion. Proximate to the custom-built home is a two story 7,000 sqft heated barn for more vehicles, more storage, recreational vehicles, and could easily be expanded for more living space for a second guest home in the popular barndominium style construction. The property has two custom built tree stands for deer hunters, and they present more like a mini tree house than a hunting blind having electricity, heaters and an alarm system. All comfort and style in these elevated perches for the fall. With so much to see and experience, the attention to quality, detail and finishing is remarkable and clearly is the ultimate destination in country, vacation and outdoor living. FEATURES: Construction: White Cedar Logs, Architectural shingles, Kitchen: Hickory cabinets, Maple floors W walnut caps, Porcelain sink, Sub zero fridge, Jenn-air Range Great Room: Custom 2-story stone fireplace, Vaulted Ceiling, walk out to deck Bathrooms: (Upper) Steam Showers, Jacuzzi Tub in primary bathroom Bunk Room: Sleeps 6-10, Vaulted Ceiling with Bathroom Lighting: Recessed Ceilings: Tongue and groove pine Windows: Andersen Laundry: Main floor Security: 62 Zone - Whole house Humidifier: Whole house Entrance: Gated Driveway: Paved Water: Well x 2 Septic: Septic Fuel: LP Gas Heat: Forced air & Pellet Stove A/C: Central Wifi: Armstrong Barn/Shop: Heated, Bathroom, Electric, two story. DIMENSIONS: Kitchen/Dining: 21.3 x 17.9' Great Room: 28.6' x 17.2' x 22' vaulted Side Room: 13.8' x 11.2' Loft: 18.3' x 11.3' Bathroom lower: 6.8' x 7.9' Laundry: 11.8' x 6.8' Foyer: 15.8' x 8'6' Primary Bedroom: 14.8' x 14.7' with balcony Primary Bathroom: 13' x 10.8' Bedroom 2: 13.6' x 11.9' with balcony Bedroom 3: 11.7' x 15.2' Bunkroom: 28.4' x 24.6' x 12.4' vaulted Bunk Bathroom: 11.6' x 5.7' Bathroom upper: 9/ x 5.8' Lower level: 36.5'x 26.6' Lower level Side room: 13' x 17' Rec room: 20.4' x 18.9'
Property Information
Lot Size
64 acre(s) square ft
Property Type
Residential
Year Built
1990
MLS Number
11151535
Location
Address
2278 W Mina Rd
City
Clymer
State
NY
Zip Code
14724
County
CHAUTAUQUA
Listing
Provider
WHITETAIL PROPERTIES REAL ESTATE LLC, original listing
Name
WHITETAIL PROPERTIES REAL ESTATE LLC
Phone
Office Name
WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Office Phone
(217) 285-9000
Agent Name
Paul Vaicunas

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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.