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282 Aqueduct Road
Washington Crossing, PA 18977
Jay Spaziano with Jay Spaziano Real Estate, original listing - (215) 493-1220
$1,837,500
Conventional
Property
Bedroom
4
Bathroom
Full: 5, ½: 1
Property Type
Conventional
Square ft
4650 Square Feet
Property Description
A spacious, one-of-a-kind LEED certified home on 6 acres in desirable Upper Makefield Township. This sustainable, energy efficient custom home highlights clean lines and a minimalistic style. Enter the double front doors and enjoy oversized windows that flood the spacious living spaces with natural light and bring the home to life. With a wonderful open flow, and a beautiful central staircase, multiple terraces, tile floors with plumbing already in place for radiant heat, grace the entire main living space. The gathering room offers a unique soapstone fireplace with stacked stone backdrop that can supply heat during the winter months, and large windows which overlook the picturesque grounds. The kitchen is masterfully crafted down to the last detail, not only visually pleasing with its modern elegance but incredibly spacious and functional as well. Custom cabinetry, a suite of Thermador appliances, an oversized island, walk-in pantry, beverage refrigerator, and granite countertops are a chef’s dream. Great for entertaining, choose from multiple dining areas -- the cozy window lined breakfast nook, outside on the maintenance free terrace, inside at the spacious dining area or the spectacular solarium. Completing this level is a study, half bath and laundry room complete with a convenient laundry chute. Upstairs, wood floors complement the entire level. The primary bedroom features a private terrace, enormous walk-in closets with professional organizers, and a designer-like bath with floating vanities, vessel sinks, soaking tub, and enormous marble walk-in shower. Also on this level are 2 ensuite bedrooms, one with it’s own terrace, and an additional bedroom with a hall bath. The walkout finished lower level provides additional living space with theater room, gym or potential 5th bedroom, wine storage, full bath and storage. Additional home amenities include floating vanities with under lighting in all bathrooms, secret spaces to be discovered, 200 sq ft shed with concrete floor, outdoor firepit, whole home generator, central vacuum, 4 car garage, alarm and surveillance system. This home creates a truly peaceful and secluded living experience perched on a hill with solid construction and views of the lush landscape from the fabulous outdoor living spaces. Environmentally friendly features include custom Anderson windows, solar panels with a new converter, a geothermal system for heating and cooling, ability to have radiant floors, a cistern for collecting and reusing rainwater, LED lighting, and European water saving toilets which combined provide tremendous money saving utilities. Located in the Council Rock North School District, with shopping and dining options nearby in Newtown, Yardley and New Hope, and convenient commuter routes, this green home offers the perfect blend of sustainable, beautiful living and accessibility.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2014
MLS Number
--
Location
Address
282 AQUEDUCT ROAD
City
WASHINGTON CROSSING
State
PA
Zip Code
18977
County
BUCKS (SOUTHEAST)
Listing
Name
Phone
(215) 493-1220
Office Name
Office Phone
(215) 493-1220
Agent Name
Jay Spaziano
Agency Phone
(215) 493-1220

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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.