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490 Mill Road
Millerton, NY 12546
Machree Quaker with The Machree Group, LLC, original listing - (845) 679-1237
$648,900
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
1784 Square Feet
Property Description
Unveiling the ultimate retreat for those seeking a legal Airbnb, vacation haven, or year-round sanctuary. Prepare to be captivated by the mesmerizing melody of the Webutuck Creek as it serenades you from your own private back pea gravel patio. Set upon an expansive 4-plus-acre parcel, encompassing two lots, this Millerton gem promises an unparalleled embrace of untouched nature on both sides of the tranquil creek. Welcome to the epitome of rustic charm, (epitomized by) this timeless barn-style abode also boasts(ing) a detached 2-car garage. Step inside and be enchanted by the inviting open floor plan, where a majestic original wood-burning fireplace commands attention, setting the stage for convivial gatherings or intimate fireside retreats. Channel your inner chef in the sumptuous kitchen adorned with marbled quartz countertops, pristine white cabinets, and luxurious brass accents, all complemented by top-of-the-line stainless steel appliances. Gaze out onto the lush surroundings through expansive windows while the warm wood floors beckon you to unwind in style. Upstairs, discover two generously proportioned guest bedrooms bathed in natural light, alongside a bright full guest bathroom. But hold onto your awe because the pièce de résistance awaits - the master ensuite, a haven boasting unobstructed vistas of the Webutuck Creek and verdant grasslands beyond. Experience year-round comfort with dedicated Mitsubishi heat pumps keeping you cozy in winter and cool in summer, while an installed universal EV charger in the garage ensures modern convenience. Additional delights include the option for an outdoor shower hookup perfect for rinsing off after a refreshing dip in the creek. Convenience meets tranquility with a large utility/laundry room on the first floor catering to all your country house storage needs. Revel in the abundance of closet space and (revel) in a home where every detail exudes excellence and freshness. Step outside to embark on endless strolls or epic bike rides along the coveted Bronx Railtrail, conveniently accessible just beyond your doorstep. And when it's time for a leisurely morning coffee or a delightful lunch, Millerton's charming main street beckons with its array of restaurants, shops, and upstate events. ''Just a short nature walk away.'' Why dream of vacations when you can call this idyllic haven home? Don't miss your chance to own a slice of paradise. This is more than a home - it's an invitation to live the life you've always imagined.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1896
MLS Number
--
Location
Address
490 Mill Road
City
Millerton
State
NY
Zip Code
12546
County
DUTCHESS
Listing
Provider
The Machree Group, LLC, original listing
Name
Phone
(845) 679-1237
Office Name
Office Phone
(845) 679-1237
Agent Name
Machree Quaker
Agency Phone
(Uni) ted-Stat xes18456791237

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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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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.