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4417 Laguna Lane
Stillwater, OK 74074
$3,375,000
Conventional
Property
Bedroom
9
Bathroom
8
Property Type
Conventional
Square ft
8959
Property Description
Elevate your Stillwater dream with TWO homes, livestock facilities, and 13 lots you can keep or sell. Situated on a sprawling 43 acre parcel, this property defines the epitome of upscale acreage living. A meticulously designed MAIN home, encompassing 7321 sq ft of high-end craftsmanship, is complemented by a 1353 sq ft GUEST home, in addition to a 285 sq ft Cabana. Totaling an impressive 8,958 of living space! The main home offers scenic views of the oversized swimming pool & sweeping views of an Oklahoma sunset behind the property’s large pond. Located on the SW side of Stillwater and on Country Club Rd, you have advantages of being outside Stillwater city limits, on PAVED roads, and just minutes into town! The acreage is graced with a variety of trees and green pastures. For livestock enthusiasts, this property is a dream come true! Newly installed piped fencing, acreage pond, 3 corrals that individually lead to the 50 X 90 BARN that also has electric and plumbing, 4 barn water spickets, interior barn pens, & more! There is a 14 foot tall barn opening to easily fit your RV/boat/farm equipment. The main home is a true masterpiece designed for entertaining! The 1st floor of the main home is a massive 3344 sq ft with 2 staircases on opposite wings of the house leading to different areas of the upstairs. The primary living room boasts 20 ft ceilings w/ a double sided fireplace stretching to the ceiling, constructed with bricks from historic Gallagher Iba Arena! Five west facing doors lead to an expansive outdoor patio area, showcasing captivating nature views, the tranquil swimming pool & hot tub, and over 900 sq ft of patio entertaining space. Near the pool, is the cabana that is heated and cooled with a full bathroom. The cabana can also be used as a another bedroom. Back inside the main house, there truly is a chef’s kitchen with double ovens & commercial 10 burner stove, 2 pantries, large island, plenty of cabinets to the ceiling, and a breakfast nook for convenient meals. Beautiful stone accents are prominent in great detail in locations such as in the kitchen and living room. While the stone accents are more subdued, yet eye-catching and strategically placed, throughout the rest of the home. There are 2 main level bedrooms & shared full bathroom. The GRAND dining room can host even the largest of crowds. Opposite the grand dining room is another living room space, which could also be used as a game room or office with fantastic views. Up the south staircase, you’ll be blown away when your eyes open wide to view the indoor basketball court! The south level houses a gym, built-in bunk beds, a walk in closet, & a FULL bathroom. To help with noise reduction, there is double plywood and triple insulation behind the wall with the basketball hoop. On the upstairs north wing of the home, there is an astonishing 2627 sq ft of living space. This side of the upstairs has a total of 4 bedrooms, 3 bathrooms, kitchenette, & living room area! The oversized master bedroom is a retreat, featuring an outdoor patio with rooftop views! The master bathroom has a relaxing soaking tub & walk in shower designed for two people! Connected to the master bedroom is a walk in closet that is also conveniently connected to the laundry room. The upstairs living room is open to the kitchenette and dining, with multiple outdoor terraces. Additionally, there are 3 more upstairs bedrooms & 2 more bathrooms. This home has special features: walk in storm shelter w/ safe; Mechanical room & storage; two 80 gallon hot water tanks; For energy efficiency and warm feet, there is a radiant floor heat system throughout ALL of the downstairs. 3 car garage, with one bay having a rubber floor underneath athletic turf for gym. The nearby GUEST home is over 1350 sq ft with 2 bedrooms, full kitchen and large living room. Guest home has 2 car garage w/ large covered patio. Do not forget about the 13 lots near the pond you can keep or sale! Too much to list~Call for details!
Property Information
Lot Size
43 acre(s) square ft
Property Type
Residential
Year Built
2019
MLS Number
128905
Location
Address
4417 Laguna Lane
City
Stillwater
State
OK
Zip Code
74074
County
PAYNE
Listing
Provider
NWOK LLC dba KW Stillwater, original listing
Name
NWOK LLC dba KW Stillwater
Phone
(405) 332-5553
Office Name
KW Local, Keller Williams Realty
Office Phone
(405) 332-5553
Agent Name
Kristyn Morris

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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.