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15 Heatherwood Lane
Quogue, NY 11959
$5,600,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
5799
Property Description
Quogue Village South, this majestic and private move-in ready home is located down a meandering driveway, off Heatherwood Lane, an exceptional Quogue Street. This hidden gem has 5,799+/- sq ft of living space with a full unfinished basement. Immediately upon entering, the grand foyer delights with views through to the glorious backyard. The first level of the home features a living room, formal dining room, huge eat-in chef's kitchen, den, and a charming family room. The living room, den and family room each have a wonderful cozy fireplace. There's an additional room, which can be a bedroom, office, or an art studio, as it is used now, and a full bath accessible from the yard for a convenient pool bath. A delightful, enclosed sun porch is situated outside the living room and overlooks the sumptuous backyard. The interior is a smart architectural design with designated spaces but still very open to each other. The dramatic lyrical staircase, with a landing and window seating, leads to a grand hallway on the second floor with four large bedrooms, each with their own baths, and a game room with full bath. The primary suite is quite the space, with a seating area in front of a relaxing fireplace, and French doors to a deck overlooking the magnificent landscape. The primary bath provides separate areas with two sink stations, shower on one side, a large tub right under the windows, and a private water closet. A second staircase down to the first level provides easy access to the kitchen and family room. The 2-car garage, secreted around the rear of the property, allows for plenty of parking. The lush, landscaped grounds are architecturally designed for privacy and hosts a 50' gunite, heated pool with a brick patio and pergola. The property is dotted with exquisite specimen trees, bushes and flower gardens. Whether in spring and summer bloom or in winter glory, beauty is everywhere. Listing ID #909330
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2001
MLS Number
11250941
Location
Address
15 Heatherwood Lane
City
Quogue
State
NY
Zip Code
11959
County
SUFFOLK (EAST)
Listing
Provider
Brown Harris Stevens (Westhampton Beach), original listing
Name
Brown Harris Stevens (Westhampton Beach)
Phone
(631) 288-5500
Office Name
Brown Harris Stevens (Westhampton Beach)
Office Phone
(631) 288-5500
Agent Name
Gayle Osman Lopata

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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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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.