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119 St Andrews Road
Beech Mountain, NC 28604
Vandi Montero with Keller Williams High Country, original listing - (828) 386-1086
$1,475,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3291 Square Feet
Property Description
One of the most beautiful homes in Beech Mountain is now on the market! Perched at over 4500 feet in elevation, this gem is nestled in the scenic Grassy Gap community, nearby the Beech Mountain Club. "Stillness of Soul" combines the charm of a grand, old-fashioned lodge with all the modern conveniences needed for entertaining. Upon entering the foyer, you'll be mesmerized by the panoramic view of the Blue Ridge mountains through a wall of windows. The dining room features a striking large twig chandelier. Passing through the aspen log threshold, you'll find a well-appointed kitchen and a den with a floor-to-ceiling rock fireplace. Glass doors open to a spacious covered deck where you can enjoy the stunning view. This level also hosts a secondary primary suite and bath just off the den. A short flight of stairs on the other side of the house leads to the primary suite, featuring more windows that flood the room with natural light and breathtaking views. This suite includes a luxurious primary bathroom and a custom-built closet. The home's design ensures privacy with thoughtfully spaced living areas. The downstairs area boasts a large media/game room, a secondary kitchen, a half bath, and another fireplace, which make for cozy evenings after skiing. This room also provides access to another deck with a hot tub to enjoy the expansive views. On the other side of the home downstairs, you'll find a bunk room, another large bedroom, a full bathroom, ample storage, and a laundry room. There's also access to a fenced yard for your pets. The home is sold mostly furnished with some exceptions, and short-term rentals are permitted. Just 5 minutes to Beech Mountain Ski Resort, This would make a perfect rental. Don't miss out on this amazing home!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1984
MLS Number
--
Location
Address
119 St Andrews Road
City
Beech Mountain
State
NC
Zip Code
28604
County
AVERY
Listing
Provider
Keller Williams High Country, original listing
Name
Phone
(770) 851-4337
Office Name
Office Phone
(828) 386-1086
Agent Name
Vandi Montero
Agency Phone
(828) 386-1086

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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.