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97 Ridgewood Road
Kerhonkson, NY 12446
$1,925,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
2300
Property Description
Duet House - This contemporary home inspired by Scandinavian design was created by Lang Architecture. It is an amazing and rare offering from the renowned Hudson Woods development in Kerhonkson, NY. The property, which has operated both as a primary residence and a successful Airbnb, is a tranquil retreat in the woods that offers picture perfect views of the surrounding mountains while enjoying the elegant conveniences of new construction. The property consists of a three bedroom, two- and one-half baths main house, a two-bedroom, two-bathroom second house, and a third expansive studio building with attached carport. The modern compound is situated on 4.70 acres of land offering privacy and spectacular views. The Main House - A gorgeous and peaceful retreat that features a blend of natural materials throughout the home. White oak wood spans the entire floors and ceilings of the home as well as along many of the walls. It is accented by concrete and stone finishes and perfectly enhanced by gorgeous sunlight throughout the numerous oversized triple pane windows. Every turn you take in the house provides you with a new view into nature. The great room is the heart of the house. Immediately you are drawn to the window wall that showcases the sprawling beauty of the Catskill Mountains. This view can be enjoyed all day long in your living room where friends and family can lounge while you prepare meals together. The impressive chef's kitchen is outfitted with the finest of cooking conveniences including appliances by Miele, Smeg, and Whirlpool. A backsplash of colorful Heath ceramic tile provides a playful backdrop to the stone countertops. A central island offers fantastic additional workspace and storage. The kitchen overlooks the spacious and bright living area that provides ample room for a formal dining area. A wood stove by Wittus Stoves is centrally located in this grand room. Year-round you can take in the magnificent changing of seasons while tucked away with the stove roaring. The main floor features a primary bedroom and bath as well as one powder room. Downstairs you'll find two more bedrooms, both capable of king-sized bedroom furniture. All bedrooms provide ample storage and calming views into the woods. A full bathroom with a soaking tub/ shower combo is located on this floor making it convenient for visitors. There is a large living room that can be a great entertainment space when you want something more casual than the great room. Finally, a laundry room and separate storage room are located on this level. Indoor/outdoor living is the lifestyle here, so dine al fresco on your wrap around porch. Evenings grilling out with loved ones never looked so good. Take a dip in your luxurious cedar hot tub and enjoy a sky full of stars above. Additional features of the home include central cooling and radiant floor heating. The Guest House - This superb two-bedroom guest house offers a split bedroom layout and central living quarters. Outfitted with a kitchenette, you have the necessities here for additional visitors or to generate some rental income. There is a propane line run to the house to expand this to a full kitchen if you'd like. The home features two full bathrooms, both ensuite a gorgeous front deck and more incredible Catskill views. It is positioned well to offer privacy from a tenant, but convenient enough to feel like an extension of the main house. The Studio - Creatives you have found your dream home Whether you are looking for an artist studio to create content (think photo/painter studio/etc., need a work from home office, or want to create an outstanding home gym, the options are endless. The expansive studio building lends itself to an array of options or you can make it another extension of living space for the property. Outfitted with a large carport, you can tuck your car away from the elements when necessary.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
2017
MLS Number
20242411
Location
Address
97 Ridgewood Road
City
Kerhonkson
State
NY
Zip Code
12446
County
ULSTER
Listing
Provider
BHHS HUDSON VALLEY PROP-WDST, original listing
Name
BHHS HUDSON VALLEY PROP-WDST
Phone
(845) 679-0006
Office Name
BHHS HUDSON VALLEY PROP-WDST
Office Phone
(845) 679-0006
Agent Name
Quinn Hagstrand

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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.