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33815 Bond Rd
Lebanon, OR 97355
$3,195,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2960
Property Description
Presenting a truly exceptional luxury estate on an expansive 143 acre canvas, this residence is the epitome of refined living amidst nature's grandeur. Boasting 2960 sqft of meticulously crafted living space, this 4 bedroom, 3 bathroom home is a testament to architectural elegance. The home has heated floors throughout - the lower level boasts Travertine tile floor, while the upper level is adorned with hardwood. The heart of this home lies in its gourmet kitchen and dining area, where custom wood ceilings complement the handcrafted cabinets and wood trim, granite counters, renewed appliances as of 2023, create an inviting space for gatherings. The entire interior features hand-troweled plaster walls, adding a touch of craftsmanship to every corner. The residence comes with water rights included, a valuable asset that enhances the property's potential. An extra capacity Rheem Marathon lifetime fiberglass water heater has been installed. 10" thick concrete walls on the bottom floor of the main home and garage for insulation. Step outside and be enveloped by the vast landscape ? 60 acres of which are dedicated to an income-producing hazelnut orchard. Two private ponds provide a serene retreat, enhancing the overall allure of the estate. A 40x60 steel shop with a cement floor and a 10x20 outbuilding present opportunities for storage or projects. A tiny home located by the rear pond offers a unique and cozy escape. The property also includes a manufactured home, boasting 1,188sqft, 3 bedrooms, and 2 bathrooms. A seasonal river meanders through the property, adding to the scenic beauty and creating a tranquil ambiance. There are ATV/bike/horse/walking trails throughout. Wildlife on property include deer, turkey, otter, fish, etc. The property can also accommodate all livestock and equestrian needs. This is more than a home; it's a lifestyle. Seize the opportunity to own this extraordinary estate ? a masterpiece in the heart of 143 acres of natural splendor.
Property Information
Lot Size
143 acre(s) square ft
Property Type
Residential
Year Built
2009
MLS Number
815802
Location
Address
33815 Bond Rd
City
Lebanon
State
OR
Zip Code
97355
County
LINN
Listing
Provider
Keller Williams Realty Eugene and Springfield, original listing
Name
Keller Williams Realty Eugene and Springfield
Phone
(541) 431-6480
Office Name
KELLER WILLIAMS / EUGENE & SPRINGFIELD
Office Phone
(541) 349-2649
Agent Name
CAITLIN WHITING

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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.