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3485 Main Bayview Road
Southold, NY 11971
$1,999,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4000
Property Description
Nestled at the top of the picturesque Goose Creek, this extraordinary Southold property offers a truly remarkable waterfront lifestyle. With its breathtaking views, this 4-bedroom, 4-full bath residence promises a haven of serenity and North Fork living at its finest. The centerpiece of the exterior is the expansive wrap-around deck, a true outdoor oasis that encompasses the entire home. With multiple balconies offering panoramic views of the creek and surrounding nature, this is the perfect setting to savor morning coffee, entertain guests, or simply immerse yourself in the soothing sounds of the water. Completing the outdoor sanctuary is a propane -heated In ground pool, inviting you to relax and unwind while enjoying the serene surroundings. Step inside and prepare to be enchanted by the elegance and sophistication that awaits. The dramatic 2-story entry foyer greets you with its soaring ceilings, grand staircase, and an abundance of natural light. Impeccable craftsmanship and meticulous attention to detail are evident throughout the 4000 interior square feet, creating a space that is as luxurious as it is welcoming. The heart of the home is the spacious kitchen, Equipped with radiant heating, custom cabinetry, and stainless steel appliances this kitchen is a blend of style and functionality. Gather with loved ones in the adjacent dining area, where walls of windows offer captivating views of the creek, creating an idyllic backdrop for every meal. The living spaces are thoughtfully designed to provide comfort and relaxation. The living room, featuring a cozy double sided fireplace and large windows, invites you to unwind and soak in the mesmerizing water views. Glass doors seamlessly connect the interior to the wrap-around deck, allowing for effortless indoor-outdoor living and entertaining. The master suite is a private retreat, offering a serene escape from the world. With its own private balcony overlooking the creek, a spa-like en-suite bathroom, and a generous walk-in closet, this master sanctuary exudes luxury and tranquility. Additional highlights of this exceptional residence include an office room on the 1st floor, a finished basement with an outside entrance & a full bathroom, offering versatile space for recreation or entertainment, and a full-sized attic with 8-foot ceilings, providing endless possibilities for expansion and customization to suit your unique needs and vision. Located in the sought-after town of Southold, this waterfront oasis offers the perfect balance of privacy and convenience. With two deeded beaches, you'll have direct access to the sandy shores, inviting you to explore the beauty of the North Fork coastline. This property also comes equipped with a boating dock for all boat lovers looking to escape & enjoy the breathtaking sunsets the Peconic Bay has to offer. Enjoy the renowned wineries, farm stands, and acclaimed restaurants that grace the area, all within easy reach of your doorstep. Embrace the rich history of the North Fork, while relishing in the recreational opportunities such as boating, fishing, golfing, and more. For added peace of mind, this property features an 18kw backup generator, ensuring uninterrupted power supply during any unforeseen events. Don't miss the opportunity to own this waterfront paradise. Schedule your private showing today and embark on a new chapter of luxury and tranquility in Southold. Experience the epitome of coastal living, where every day is infused with the beauty of nature and the soothing sounds of Goose Creek. This property is NOT in a Flood Zone and Flood Insurance is not required.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2002
MLS Number
3540334
Location
Address
3485 Main Bayview Road
City
Southold
State
NY
Zip Code
11971
County
SUFFOLK (EAST)
Listing
Provider
Signature Premier Properties, original listing
Name
Signature Premier Properties
Phone
(631) 673-3700
Office Name
Signature Premier Properties
Office Phone
(631) 642-2300
Agent Name
Andrew Nieves

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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.