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3636-a Holly Grove Road
Dunn, NC 28334
$1,495,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
3528
Property Description
#Waterfront home #Covered porch overlooking 50 acre lake #In-ground pool #Hot tub #boat dock #Three beds & 3.5 baths #Putting green #Fruit trees & grape vines #Boating #Fishing #Cabana by the pool #Detached building #Read the entire story below... Nestled amidst the serene beauty of Moorewood Pond, this extraordinary lakefront property offers a lifestyle of unparalleled opportunity, luxury and tranquility. Boasting over 3,500 square feet of heated living space, this picturesque retreat sits on the shores of a 50-acre lake, inviting you to experience the essence of resort-style living every day of the year. Conveniently located just 8 miles from Dunn, Benson, and Newton Grove, this idyllic haven provides easy access to major highways, including I-95 and I-40, as well as the pristine beaches of North Carolina and South Carolina. Whether you're seeking a permanent residence or a weekend getaway, this exceptional location ensures that you're never far from the comforts of modern living and the allure of natural beauty. As you step inside, you'll be greeted by storybook views and breathtaking sunsets that paint the sky with hues of gold and crimson. The interior of this exquisite home features 3 bedrooms and 3 ½ bathrooms, including an expansive owner's suite that epitomizes what could be referred to as rustic luxury. With oil-rubbed bronze lighting fixtures, hickory wood bedroom flooring, a spacious walk-in closet with cedar accents, tile bathroom flooring, double-vessel sink vanity, a lavish soaking tub, and a tile shower, this sanctuary offers the perfect retreat from the stresses of everyday life. The heart of the home is the vast and bright kitchen, which showcases wood-stained cabinets, granite countertops, and a serving island that doubles as an eating bar. From the breakfast area with its panoramic views of the lake to the adjacent great room and sunroom overlooking the in-ground pool and lake, every corner of this residence exudes warmth and hospitality. Upstairs, you'll find two additional bedrooms, two full bathrooms, and a sprawling bonus/flex room. The phenomenal layout of the upstairs and separate entry access is perfect for someone who desires a secondary owner suite. Outside, entertainment options abound from boating to fishing to simply enjoying all the amazing property features. With an in-ground pool, entertainment cabana, outdoor kitchen, 6-person hot tub by Hot Springs, 3-hole putting green, and custom brick-paver fire pit, the opportunities for relaxation and recreation are nearly endless. Other notable structures on the property include an insulated metal building perfect for a workshop, man cave/she shed, a boat house, a wooden barn for storage, a fishing shack, and a floating boat dock. For your guests or additional income potential, the property includes a charming guest house with 2 bedrooms, 1 ½ bathrooms, and a separate driveway with an electronic entry gate. With its unparalleled amenities and breathtaking surroundings, this lakefront retreat offers a rare opportunity to embrace the joys of waterfront living in style. Whether you're seeking a peaceful sanctuary or an entertainer's paradise, this remarkable property promises a lifestyle beyond compare.
Property Information
Lot Size
27 acre(s) square ft
Property Type
Residential
Year Built
2004
MLS Number
10026538
Location
Address
3636-a Holly Grove Road
City
Dunn
State
NC
Zip Code
28334
County
HARNETT
Listing
Provider
Wood Realty Group, Inc., original listing
Name
Wood Realty Group, Inc.
Phone
(919) 894-6161
Office Name
Wood Realty Group, Inc.
Office Phone
(919) 894-6161
Agent Name
Ron Wood

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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.