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9 Villa Lane
Wappinger, NY 12590
$2,199,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
5421
Property Description
. 9 Villa Lane is a truly unique country Estate. Designed and constructed by a custom builder to be used as his personal primary residence, no expense was spared in design or building materials. The home boasts an impeccable fusion of commercial-grade fixtures, state of the art construction and exacting architectural detail, culminating in a house that strikes a perfect balance of bold, warmth and welcoming. The Estate is nestled on 15 serene, wild-game filled, wooded acres, surrounded by an additional 150 acres of protected nature preserve. This 5 bedroom, 5.5 bath home is as luxurious as the location is secluded and lush. The drive along the winding, manicured, private road through the beautiful hand-crafted gate to the home is a striking first impression. The incredible attention to detail with the use of unique and artisanal materials in both construction and furnishings is what sets this home apart. The wide-plank, reclaimed hemlock wood floors are a marvel to behold. Each plank was hand crafted and secured with large iron nails. With the first step into this home, onto these floors, you know the home is special. The main living area is grand. Soaring ceilings offer extraordinary light and air. The home exudes warmth and a connection to the outdoors. The combination of stone, woodwork and open space is reminiscent of homes typically found in Sun Valley, Aspen or Lake Tahoe. A chef's kitchen is at the heart of the great room, featuring top-of-the line, commercial grade fixtures and strict attention to detail, to include a commercial range hood, uniquely engineered to run virtually silent in your kitchen. The kitchen also offers a full walk-in pantry. The master suite, located on the main level, south wing, is expansive with a magnificent ensuite bath, rivaling any NYC penthouse. Large format, radiant heated porcelain floors, full steam shower, separate dry sauna, vaulted ceilings, exquisite molding, dramatic lighting and relaxing water sculpture compel you to stay all day. It truly is a spa experience within your home. This suite also features a tremendous wardrobe room with ample space for even the most discerning dresser. Also located on the main level, north-wing of the home, an In-Law or Au Pair suite, with private egress to the yard. The mud room / laundry room is large enough for use as a utility work space. A custom designed, radiant heat system serves the entirety of the first floor. The second floor hosts the remaining bedrooms, including another suitable primary bedroom, currently being used as a den. All bedrooms have full, ensuite baths. The outdoor area is quite simply a vacation and outdoorsman's paradise. It starts with a 3 season, screen porch, fully equipped kitchen, in-line natural gas grill, two smokers, open bar area and television screens, all only a few steps away from your heated, saline pool, expansive patio with a separate, year-round, ozone hot tub. A large private shooting range and hunting-blind round out the property's amenities. The entire house is equipped to run fully, with unabated amenities on natural gas generator. There is a three-car, attached garage, as well as a 4 car, commercial size garage, off and away from the main house. This separate garage also has finished square footage on the second floor. The exterior of the Estate is an artistic melding of stone, stucco and James Hardie fiber cement siding. All windows and exterior doors are solid wood, Pella Architectural Series. The plumbing ensures hot water at all times and continuous water pressure through a custom-designed pump-driven, filtered water system with a 1200-gallon reserve water tank. A unique Hudson Valley Estate to be treasured, impeccably designed to immerse the owner in flawless comfort, convenience and harmony with nature.
Property Information
Lot Size
15 acre(s) square ft
Property Type
Residential
Year Built
2010
MLS Number
3491326
Location
Address
9 Villa Lane
City
Wappinger
State
NY
Zip Code
12590
County
DUTCHESS
Listing
Provider
Laffey International Realt Estate, original listing
Name
Laffey International Realt Estate
Phone
(800) 774-1462
Office Name
BERKSHIRE HATHAWAY
Office Phone
(800) 774-1462
Agent Name
Timothy Serignese

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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.