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19 Linden Lane
Old Westbury, NY 11568
$3,999,888
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
5380
Property Description
Welcome to the epitome of contemporary luxury living in this stunning ranch-style home, fully expanded and meticulously renovated in 2023. Nestled on a sprawling 2-acre flat property, this masterpiece boasts 5 bedrooms, 5.5 baths, and a sprawling walk-out basement with soaring 10-foot high ceilings that beckon you to explore its endless possibilities. Upon entering through the grand 10-foot custom-built stone veneer door, equipped with a state-of-the-art Yale lock featuring sensor technology, you'll be greeted by a breathtaking 12-foot high entry foyer ceiling. This smart home is a marvel of modern technology, with automated features controlling the thermostat, electricity, fireplace, and security cameras, ensuring that comfort and safety are at your fingertips. The interior is a testament to unparalleled craftsmanship, featuring imported porcelain tiles and wide plank engineered wood floors in the living and dining areas. A wine cellar beckons enthusiasts to savor their collections, and custom-built solid natural wood bark doors with veneer and Yale locks offer both security and aesthetic appeal. Every corner of this home is infused with the latest in smart home technology, from Iotty smart switches throughout to linear vents for heat and central air. The powder room boasts top-of-the-line Graft and Kohler fixtures, exemplifying the attention to detail found throughout the residence. The family room offers a cozy haven with its 12-foot ceilings and an 8-foot tiled wall background on the gas fireplace, controllable via a convenient app. Schuco 10-foot high bi-fold patio doors, imported from Germany, seamlessly merge indoor and outdoor spaces, leading to a beautifully landscaped backyard. The heart of the home, the kitchen, features 10-foot solid wood cabinets with stone veneer, also imported from Germany, and is equipped with Miele and Viking appliances, including a cooktop, exhaust, microwave, conventional microwave, warming drawer, and dishwasher. Two sinks with German Hekken sensor faucets make meal prep a breeze, and a spacious butler's pantry provides ample storage. The 10-foot marble center island is an entertainer's dream, while the master bedroom is a sanctuary with Schuco bi-fold doors leading to a private patio. A marble-tiled gas fireplace adds warmth, and the master bath is a spa-like retreat with fully marble-tiled walls, a double vanity with Graff and Kohler fixtures, and a separate water closet. Four additional bedrooms offer versatility, with two en suites and two sharing a Jack and Jill bath. All baths feature marble tiles, Kohler and Graff fixtures, and generous showers with rain heads and exhaust fans. Step into the backyard, where a vast porcelain-tiled patio with a top-covered vinyl and wood veneer overhang beckons for outdoor gatherings. A custom-built gas fire pit adds ambiance, and the property is fully fenced for privacy and security. With 16 zones of sprinklers and outdoor lighting throughout, the landscaping is as impressive as the home itself. A brand-new heated vinyl pool with a hot tub awaits, the hot tub covered with beautiful mosaic tiles. Porcelain tile pavers surround the patio and pool, creating a luxurious oasis in your own backyard. This contemporary ranch is a true masterpiece of design, technology, and craftsmanship, offering an unparalleled lifestyle for those seeking the utmost in modern living.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
1967
MLS Number
3523754
Location
Address
19 Linden Lane
City
Old Westbury
State
NY
Zip Code
11568
County
NASSAU (NORTH)
Listing
Provider
Douglas Elliman Real Estate, original listing
Name
Douglas Elliman Real Estate
Phone
Office Name
Douglas Elliman Real Estate
Office Phone
(516) 921-2262
Agent Name
Tamanna Jaggi

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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.