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186 & 182 Woodville Road
Pelzer, SC 29669
Preston Inglee with Century 21 Blackwell & Co, original listing - (864) 596-0300
$9,590,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
--
Property Description
ATTENTION Horse and Equestrian Enthusiasts, Farmers, Bull Riders and anyone looking to live the log home dream overlooking 144 green acres this one needs to be seen now! Your breathtaking log cabin was custom built from the very trees on this sprawling property with both care and craftsmanship unlike you can buy today. BUT THAT’S NOT ALL!! Why stop with a house and 144 ACRES when you can you have your own fishing pond with massive fishing dock, 11 pastures, a fenced in “Elk Pen,” a 7 stall stable ( 4 single stalls and 3 double oversized stalls,) detached 8 car garage, hand welded steel fencing, cattle gates and last but not least your own Bull Riding/Showcase Arena that was once the talk of the town! The log cabin has 4 beds and 2.5 baths, a metal roof and gorgeous custom pool with a sculpted boulder used as a diving board. The interior, like the exterior, is all handcrafted and of custom design – even the built-in cabinets are covered in custom cowhide leather! Hardwood floors and ceramic tile throughout! Hand crafted Doors built on-site! Master Bedroom on the main floor! Gourmet Kitchen with all the amenities needed to host endless holiday feasts and suppers with friends and family. Custom lighting throughout! Beautiful Countertops, double showers and a rolling barrel ceiling – just a few interior touches unmatched in cookie cutter homes today. The owners have divided the property into 11 pastures and currently have heads of cattle grazing the land. The property qualifies for a fertilization program thru Clemson University and can produce between 200-400 Bales of Hay per cut and can be cut 3-4 times per year! There is a large cattle chute area for prepping the herd, several out buildings to store hay and give the cattle some additional respite from the sun. If training horses, there is already a training circle in place! If training for jumping or show there are two massive oversized areas that can easily be used either privately or as a business venture! There is an enormous amount of parking space both in the fields and also paved as well. From a business stand point the property was being converted to be used as an assembly line along with all the offices needed to house a medium size corporate office. It was originally a working RODEO and could possibly be converted back! Inside the building you will find large offices, an IT server office, Reception area with beautifully placed brick flooring, a Dining Area, 10 working bathrooms an announcers bullpen and of course the show stopping inside ARENA itself! Some modifications have been made for the current business but the potential to re-create the old RODEO days is highly probable with someone who dreams of hosting events like this!! The right buyer with the right ideas will be a perfect fit for this stunning property. It will not be sold to developers. Call the listing agent today and get your private showcasing tour!Additional tax map #s 0604.06-01-005.04, 0604.06-01-005.01, 0604.06-01-005.02
Property Information
Lot Size
144 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2003
MLS Number
--
Location
Address
186 & 182 Woodville Road
City
Pelzer
State
SC
Zip Code
29669
County
ANDERSON
Listing
Name
Phone
(864) 752-5255
Office Name
Office Phone
(864) 596-0300
Agent Name
Preston Inglee
Agency Phone
(864) 596-0300

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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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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.