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4174 Brookfield Way
Southport, NC 28461
Hank Troscianiec & Associates with Keller Williams Innovate-OKI, original listing - (910) 575-6262
$1,849,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 2
Property Type
Conventional
Square ft
5003 Square Feet
Property Description
Indulge in an unparalleled lifestyle of cosmopolitan luxury and sophistication in this magnificent custom-designed executive estate, perfectly situated on one of the most sought-after streets in St. James Plantation, along the 13th tee and fairway of the esteemed Reserve Golf Course. This architectural masterpiece is a true testament to refined elegance, seamlessly blending timeless grandeur with exquisite contemporary enhancements. The journey begins at the stately entrance, where newly crafted architectural columns and a welcoming mahogany double-door entryway create a striking first impression. Step into the soaring two-story foyer, where rich mahogany hardwood floors, newly refinished to reveal their innate luster, guide you through a breathtaking layout designed for effortless entertaining and intimate gatherings alike. The sitting room enchants with a dazzling marble-surround fireplace and old-world crown molding, leading into a view-filled, awe-inspiring great room. Here, a dramatic coffered ceiling, expansive wall-to-wall windows, and an inviting fireplace create an ambiance of warmth and sophistication.Designed for the culinary connoisseur, the newly reimagined gourmet kitchen is an absolute showstopper, featuring a stunning marble-topped island with a state-of-the-art GE Café six-burner range, complemented by a new GE Café double wall oven, exquisite quartz countertops and backsplash, a Bosch dishwasher, a Sharp drawer-style microwave, a sleek stainless steel sink with a Grohe faucet, and freshly repainted cabinetry that exudes contemporary charm. A Reverse Osmosis (RO) system ensures the purest drinking water and ice. The seamless flow from the kitchen to the sunlit casual dining area extends into the newly enclosed Carolina room, an architectural jewel offering floor-to-ceiling glass windows that capture breathtaking panoramic tee-to-green views of the challenging 13th hole and surrounding ponds. The first-floor owner's suite is a private sanctuary of indulgence, highlighted by a softly lit tray ceiling, a spa-inspired bath retreat, an exquisitely designed custom walk-in closet, and an elegant corridor lined with floor-to-ceiling shoe cubbies and a built-in jewelry cabinet. Ascend the private back staircase to discover an equally lavish second master suite with dual closets and a private bath, along with two additional guest rooms sharing a refined Jack-and-Jill bathroom. A sanctuary for productivity and inspiration, the richly appointed home office is a work of art in itself, featuring cherry-clad walls, a stately coffered ceiling, custom built-ins, pocket doors for privacy, and a sophisticated black marble-surround fireplace. Step outside to a meticulously curated landscape, where lush greenery, winding pathways, and elegant paver accents create an enchanting oasis. A ground-level deck offers a serene setting for outdoor entertaining. Additional enhancements include an enclosed patio transformed into a luxurious year-round Carolina room with exquisite tile flooring, two updated gas fireplaces, a newly redesigned powder room with a quartz countertop and modern fixtures, a newly retiled laundry room with an advanced LG washer and dryer, plush new carpeting on both front and back staircases, WiFi-enabled programmable thermostats for ultimate comfort, and refined landscape lighting accentuating the lush surroundings. If you seek a residence where impeccable craftsmanship meets unrivaled luxury in an exclusive golf course enclave, look no further. This extraordinary estate is poised to welcome its next discerning ownerschedule your private tour today and experience a world of breathtaking beauty and timeless elegance.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2004
MLS Number
--
Location
Address
4174 Brookfield Way
City
Southport
State
NC
Zip Code
28461
County
BRUNSWICK
Listing
Name
Phone
(910) 575-6262
Office Name
Office Phone
(910) 575-6262
Agent Name
Hank Troscianiec & Associates
Agency Phone
(910) 575-6262

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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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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.