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76 Floyd Ackert Road
West Park, NY 12493
Justin Phillips with United Real Estate HV Edge, original listing - (845) 204-6939
$4,250,000
Conventional
Property
Bedroom
6
Bathroom
Full: 4, ½: 3
Property Type
Conventional
Square ft
9500 Square Feet
Property Description
Welcome to Riverside Solace! A Private Oasis nestled in the charming West Park Hamlet of Ulster County NY. This home is Perfectly situated along the western banks of the Hudson valley, approximately 80 miles north of New York city, making it accessible to both city dwellers and those looking for a quieter, riverside community. This distinctive contemporary tri-level residence is perfectly tucked away in a secluded enclave. A true riverside oasis and haven of tranquility. The river views from nearly every room create a sense of peace and calm. With the opportunity for a private dock, lush, and landscaped grounds, this is the epitome of riverside living. Discover serenity and natural beauty in this home that rests on the edge of the river. The tranquil views, combined with well-appointed living spaces, create a retreat where you can unwind and recharge. This riverside custom designed solace offers 10,000 sqft, including 6 bedrooms and 7 baths. The primary bedroom is complete with a dual facing fireplace, large ensuite bathroom, jacuzzi tub with waterfall, built in radio system, gym, sauna and private river view terrace! This home is perfect for entertaining with an exquisite indoor and outdoor dining area, exterior wood burning stove, cabana, inground pool and patio, all overlooking the river. Enjoy the custom cabinetry, built in luxury appliances, wet bar, butlers pantry, cathedral ceilings and more. Every room has a story to tell with its unique contribution. With Perfect proximity to other Hudson valley towns there are many activities and experiences to enjoy. Hiking, fishing, boating, picnicking, community events, culinary delights and all the historical significance the town has to offer. This property presents a compelling opportunity for those seeking to maximize their investment with in-law suite and two bedroom cabana. This property is more than just a place to call home; it's a prime income-generating opportunity. With its exceptional layout, stunning aesthetics, and ideal location, it's perfectly poised to become your lucrative event venue investment. Owner financing is a viable option for qualified buyers who seek an alternative to traditional lending. Beyond the aesthetics, this home offers an atmosphere that is impossible to convey through descriptions alone. It's a feeling of comfort, a sense of belonging, and the promise of a brighter future. You'll sense the potential for relaxation, inspiration, and the life you've always imagined the moment you step foot on this riverside solace. Schedule your private tour today to learn more and take advantage of this extraordinary opportunity.
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1979
MLS Number
--
Location
Address
76 Floyd Ackert Road
City
West Park
State
NY
Zip Code
12493
County
ULSTER
Listing
Provider
United Real Estate HV Edge, original listing
Name
Phone
(914) 456-3574
Office Name
Office Phone
(845) 204-6939
Agent Name
Justin Phillips
Agency Phone
(845) 204-6939

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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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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.