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261 Kipp Road
Hudson, NY 12534
$2,650,000
Conventional
Property
Bedroom
4
Bathroom
6
Property Type
Conventional
Square ft
3496
Property Description
Welcome to Kipp Farm, a historic estate dating back to circa 1800, nestled on two parcels encompassing 40.6 acres of picturesque landscapes. The property boasts rolling hills, lush fields, charming stone walls, graceful bridges, tranquil ponds, and serene woods. This idyllic compound offers a peaceful escape and exudes timeless charm. The current owners have meticulously renovated all the buildings on the property, preserving the antique features and enhancing the property's rich character. The main house is a stunning 3-bedroom, 3.5-bath Greek Revival-style home spanning 3,400 sq. ft. which features exquisite moldings, original doors, doorknobs, and original pine floors throughout. The first floor boasts a spacious eat-in kitchen that leads to a wrap-around composite deck overlooking the well-manicured grounds, vibrant perennial gardens, and a tranquil pond. The adjoining living room is highlighted by a vaulted ceiling and a built-in Bodart & Gonay wood fireplace. Moving through the formal dining room, you'll find an office/library with an artful Rika fireplace. Beautifully preserved original railings lead you to the second floor, where you'll find two generous bedrooms, each with its own en-suite full bathroom. The third floor offers a cozy retreat, complete with a bedroom and a private bath featuring a rain shower and deep soaking tub. The 2300 sq. ft. Carriage House with an expansive office, 1-bedroom, and 1.5-bathroom has also undergone an extensive renovation. The first floor features original exposed beams, bamboo floors, an Acme kitchen, powder room, and serves as an open floor plan game and cardio room. The second floor, with its original pine floors and cathedral ceilings, offers expansive office space, a screening room, a guest room with a loft, and a full bath. The Carriage House has its own deck overlooking the pond and is equipped with an EV charger. The Red Barns houses a personal gym, storage space with a separate entrance, a Tesla car charger, and spacious vaulted ceilings. The barns encircle a heated in-ground 60' x 20' gunite pool, enhancing your personal workout or leisure experience. The pool then leads to a charming two-story mini barn pool house. All structures have been exceptionally renovated and meticulously maintained. The estate features a 96-panel solar system in a distant field that supplies approximately 80% of the property's electricity. Additionally, the property includes a security system, two backup generators, and a 5-zone yard drip irrigation system, among many other amenities. Two additional barns, located on a separate parcel, have been recently polished and freshly painted, offering potential for your own creative transformation. Just 10 minutes to Hudson Amtrak station and 2 miles from historic Hudson with award winning restaurants and a plethora of antique shops in the one of the most picturesque towns around. This exceptional, one-of-a-kind property is a true treasure, awaiting a new owner to experience its magical serenity. A must-see to fully appreciate its beauty and charm. Schedule your private tour today.
Property Information
Lot Size
40 acre(s) square ft
Property Type
Residential
Year Built
1800
MLS Number
20242218
Location
Address
261 Kipp Road
City
Hudson
State
NY
Zip Code
12534
County
COLUMBIA
Listing
Provider
Corcoran Country Living, original listing
Name
Corcoran Country Living
Phone
(917) 685-8575
Office Name
Corcoran Country Living
Office Phone
(845) 876-6676
Agent Name
Alexis Li

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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.