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2808 Big Sheepcliff Road
Cashiers, NC 28717
$6,989,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
Perched majestically atop the mountains of Cashiers, NC, this remarkable estate boasts an elevation of 4500 feet and offers a rare opportunity to experience magnificent mountain living. Sweeping vistas from nearly every room stretch across the expanse of Cashiers and beyond to the neighboring states of South Carolina and Georgia. Commanding over six acres within the gated community of Big Sheepcliff, the privacy and exclusivity of this estate is just a short drive from the town's center. The handsome home has been meticulously remodeled from top to bottom, marrying modern luxury with timeless elegance. Rich warmth of antique timber accents infuses the home with a sense of history and authenticity. The expansive great room and adjoining family room are both graced by majestic masonry stone fireplaces that invite you to unwind and soak in the breathtaking scenery surrounding you. The expansive chef's kitchen beckons culinary enthusiasts with its generous proportions and top-of-the-line amenities. Entertain with ease in the elegant formal dining room featuring a beautiful masonry stone fireplace, or casually on the generous back deck which offers yet another stone fireplace, spacious sitting and dining areas, cool breezes and stunning endless views. Two luxurious primary suites on the main level offer a peaceful sanctuary complete with a cozy fireplace, lavish bath, and private porch retreat. Upstairs, two additional generously sized suites, each with their own private sitting room, provide comfort and seclusion for family and friends. Handsomely landscaped grounds showcase the fabulous views, extensive rock work and stone patios, creating inviting spaces for entertaining and relaxation. A large grilling/dining patio welcomes an evening grill-out and the nearby firepit is the perfect spot to gather under the starlit sky, for memories that will last a lifetime. Embrace the serenity of this mountain home where every moment is infused with the magic of the mountains.
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
2003
MLS Number
104103
Location
Address
2808 Big Sheepcliff Road
City
Cashiers
State
NC
Zip Code
28717
County
JACKSON
Listing
Provider
Cashiers Sotheby's Int'l Realty, original listing
Name
Cashiers Sotheby's Int'l Realty
Phone
(828) 743-8563
Office Name
Cashiers Sotheby's International Realty
Office Phone
(828) 743-3411
Agent Name
Liz Harris

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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.