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72 Delano Drive
Rhinebeck, NY 12572
$1,250,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
2964
Property Description
Set back at the end of a quiet cul-de-sac in one of Rhinebeck's most coveted neighborhoods sits this stately and classic colonial home. Situated on 6 gorgeous acres, the property is adorned with majestic trees and meticulously maintained perennial landscaping, creating a picturesque setting and a sense of tranquility and sophistication. Step inside to discover a seamless fusion of timeless charm and contemporary updates. Every corner of this home exudes warmth and refinement, with attention to detail evident throughout. Immediately upon entering you are greeted with a dramatic monochrome foyer with double height ceilings and glamorous winding iron staircase. To the left, the spacious formal living room beckons with its wood-burning fireplace, built-in bookcases and cozy window seat, providing the perfect spot for relaxation or entertaining. Adjacent to the living room, a comfy den awaits, ideal for movie nights or quiet reading sessions. Just beyond sits the heart of the home, an expansive architect-designed eat-in kitchen and formal dining room. The kitchen boasts abundant storage, vast counter space, and top-of-the-line Viking and GE appliances, including a cooktop and double ovens. A charming bay window overlooks the serene backyard with sloping grassy lawn and mature trees. The bright and airy dining area, with vaulted ceilings, skylights and fireplace, provides an inviting ambiance for gatherings of any size, and glass doors lead seamlessly to the deck, facilitating outdoor entertaining. Completing the main level is a versatile wing off the foyer, comprising a formal office/study with elegant built-ins and a convenient powder room. This space could easily be transformed into a ground-floor primary suite, providing added flexibility to suit your lifestyle. The attached 2-car garage is accessed from this level via the requisite mudroom. On the lower walkout level, a full finished basement provides ample recreation space, a second office, an additional retro-styled full bathroom and a woodstove. Upstairs, discover four bedrooms and two full baths, including a serene primary bedroom suite. With soothing neutral tones, the generously sized primary bedroom is a relaxing sanctuary, complete with large walk-in closet and en suite bath with double vanity and glass shower. Three guest bedrooms on the NW side of the house are bathed in natural light and provide comfort and versatility, ideal for accommodating family or guests. This expansive residence offers ample space for relaxation and entertaining both inside and out. Outside, the sprawling grounds offer endless possibilities for outdoor enjoyment. Whether you're hosting al fresco gatherings on the deck, exploring the lush gardens, or simply unwinding in the tranquil surroundings, this property offers the ultimate sanctuary from the hustle and bustle of everyday life. This property truly has it all - combining acreage and privacy with access to a neighborhood community and convenient access to Amtrak in Rhinecliff, MetroNorth in Poughkeepsie, the center of Rhinebeck village and also popular Kingston just over the bridge - this location is unbeatable and offers the perfect balance of seclusion and accessibility.
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
1981
MLS Number
20242037
Location
Address
72 Delano Drive
City
Rhinebeck
State
NY
Zip Code
12572
County
DUTCHESS
Listing
Provider
Gary DiMauro Real Estate, Inc., original listing
Name
Gary DiMauro Real Estate, Inc.
Phone
(845) 876-5100
Office Name
Four Seasons Sotheby's Int.
Office Phone
(845) 876-5100
Agent Name
Angelica Vondrak

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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.