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694 Beaufain Street Sw
Supply, NC 28462
$1,189,000
Conventional
Property
Bedroom
3
Bathroom
5
Property Type
Conventional
Square ft
4091
Property Description
Luxurious Charleston Style Residence with lovely WATER VIEWS of Private Marina & Intracoastal Waterway awaits. Perfectly situated on a beautifully landscaped lot with natural privacy provided by tall hedges that engulf a manicured garden area reminiscent of historic Charleston, SC. Two expansive wrap around porches greet everyone to enjoy the welcoming OCEAN BREEZES. The architectural details include fluted columns and iconic capitals. The stunning southern design is exquisite. Three levels of living space with an elevator to all floors. A beautifully designed reverse floor plan takes advantage of all the magnificent views of the water. The first-floor entry overlooks the pristine hedge garden with brick pathways. Through the front door is an inviting open entry. Wonderful split floor plan with 2 private ensuites to the left & French doors lead to the stately Primary ensuite to the right which overlooks the Marina. Separating these spaces is a super convenient coffee/beverage bar area complete with custom cabinets, refrigerator, sink & dishwasher. Grab your morning coffee and head out to the private screened porch to enjoy the morning sunrise over the Marina. Primary bath has dual vanities with gorgeous marble countertops. Enjoy the views and natural light through the bathroom windows. This bathroom has a large walk-in shower & updated spa bathtub with air jets. Just relax & unwind! The spacious primary closet is sure to please any fashionista. The laundry is just outside the primary ensuite. Heading upstairs you will find a bright airy space perfect for entertaining all your family & friends. The elaborate kitchen has a Scullery & an oversized Prep Pantry! This elaborate kitchen is a chef's dream featuring a 6-burner gas range with griddle, double ovens, warming drawer, endless countertops, 2 sinks, wine refrigerator, ice maker, and list goes on. Charming casual dining area is adjacent. The gorgeous formal dining is just around the corner with a door leading to an outdoor porch. The grand living room with stunning fireplace faces the Marina to take full advantage of the Water Views. Through the French doors is more wonderful porch space for the ultimate outdoor enjoyment. Take the elevator down to the ground level where you will find a den/game room which could be used as a 4th bedroom. Across the hall is a full bath that makes it super convenient for rinsing off after a day at the beach. The ground level also has a wonderful WORKSHOP/GOLF CART STORAGE AREA with heat/air to enjoy year-round. Ample storage with deep closets can be found throughout this exquisite residence. Deep 2 car garage with storage shelves. Head outside to the elegant side hedge garden. This would be a great outdoor space for parties or a small family wedding. The backyard has space for all your recreational needs. Croquet anyone? No detail was overlooked on this unique coastal home. Come discover this hidden oasis located in an amenity-rich community unknown to many. Seascape's unique amenities are unlike any others. Private community beach house located on Holden Beach Island with exclusive resident parking. The Grand Manor house boasts a banquet room with full kitchen, indoor & outdoor pools with 2 hot tubs, sauna, fitness center, & game room. 75 slip private marina with direct access to IntraCoastal Waterway. Marina dock house features an outdoor kitchen, fish cleaning station, & a private harbormaster to assist you with all your boating & fishing needs. The relaxing upper pond house is a charming screened in enclosure which is a great place to read a good book or socialize with neighbors. Golf Cart Community. Exclusive & Rare location! Less than 4 miles to the beautiful sands of Holden Beach Island, NC. The Gulf Stream is approximately 75 miles by boat for incredible fishing! Award winning golf all within short driving distance. Close to local restaurants, shopping, & fresh off the boat seafood. Spend a day beach hopping to neighboring beaches such as Oak Island, Ocean Isle Beach, & Sunset Beach. N Myrtle Beach, SC only 33 miles. Wilmington, NC airport is just 42 miles. Schedule a private tour of the community TODAY!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2005
MLS Number
100413100
Location
Address
694 Beaufain Street SW
City
Supply
State
NC
Zip Code
28462
County
BRUNSWICK
Listing
Provider
PROACTIVE Real Estate, original listing
Name
PROACTIVE Real Estate
Phone
(910) 842-1616
Office Name
PROACTIVE Real Estate
Office Phone
(910) 842-1616
Agent Name
Michele Klock

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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.