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Lot 1 Broad Street
Perkasie, PA 18944
$2,595,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
NEW custom home by Casadonti Homes on 3 acres near Lake Galena is just completed construction and ready for you to move in now. With over 7,050sf of finished interior living space, this home has it all: 4 levels of finished living and loaded with charm, character and high end amenities! Homestead Farm Estates is an enclave of custom homes located near Lake Galena. 5 scenic home-sites ranging from 3-8 acres each. From the moment you pull up you will notice the light posts and stone pillars creating a dramatic entrance to this luxury estate setting. This 7,050sf 5+ Bedroom, 3.5 Bath home features stunning views as soon as you walk in the front entrance. The open first floor features 10 first floor and cathedral ceilings with front to back views of the private back yard retreat. Covered front porch with double knotty alder solid wood doors. Gourmet Kitchen with Cafe Appliance Package, oversize walk-in pantry and Island with seating for 6, is open to the grand Family Room. . A chef's dream... in addition to the pantry here is a large Scullury Kitchen with cabinets and second sink for additional storage, prep and appliances. The huge Dining Room features a wall of windows and large slider out to the composite deck for indoor-outdoor entertaining and living. The Mudroom has built in cubbies and large walk-in closet for additional storage. A private study with a magnificent floor to ceiling stone two sided fireplace. A large first floor Guest Suite with a private en-suite bath and large walk in closet. The Guest Suite has an additional flex room that could be a formal Living Room, second Office, Play Room, Library or Piano Room to complete the first floor. The second floor features Primary Owner's Suite with gas fireplace and two walk-in closets with custom shelving. The Owner's Bathroom has a large shower with bench seat, free standing soaking tub and dual vanities. Bedroom 2 has large walk in closet and en-suite bath. Bedroom 3 has a large walk-in in closet and Bedroom 4 has an extra sitting area and walk in closet. Large 2nd Floor Laundry Room with sink and cabinetry. The dramatic staircase with wood handrails and metal spindles. goes to the incredible finished third floor, which is perfect for a large private office/bonus room with a wall of windows overlooking the back yard. Oversize 3 car garage with epoxy floor. 1,200sf of finished lower level with grand walk out steps. Extensive landscape with boulders and plantings in the front and back yard. This home is loaded with custom trim details, reclaimed wood beam design, brick and stone accent walls throughout. 22kW Automatic Generator. Close proximity to Lake Galena and Peace Valley Park's trails, sail boating, and Bishops Estate Vineyard. Located 5 minutes to Doylestown's shops and restaurants- Homestead Farm offers the charm of Bucks County and top ranked Pennridge School District, while being close to Routes 202, 611. Schedule an appointment with Listing Agent to walk through. Buyers may purchase this quick delivery home just completed OR design their custom dream home on another lot . Photos are of the actual completed home. Must contact Listing Agent to schedule showing.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
2024
MLS Number
PABU2071792
Location
Address
LOT 1 BROAD STREET
City
PERKASIE
State
PA
Zip Code
18944
County
BUCKS (NORTHWEST)
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Art Herling Team Blue Bell
Office Phone
(888) 536-0216
Agent Name
Danielle Davis

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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.