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315 Foggy Cut Lane
Landrum, SC 29356
$1,700,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
To see this amazing home, call Kim Stroud, The Stroud Team at Keller Williams Greenville Upstate at 864-680-0202, and ask for your private tour. Enduring excellence and unbelievable views of Bald Face and Hogback Mountains await the owner of this home at 315 Foggy Cut Lane. When Bergeron built homes people stood at attention to see the finished product. This home represents the design, style, and durability of Bergeron Home Builders. Intrinsic to this home is luxury quality from the floor plan, and room offerings, to the timeless finishes. As you walk to the front door from the driveway you notice custom finishes on the home as well as the sidewalk to the door. It’s the details that matter! Surrounded by natural landscaping you can barely stand leaving nature to enter the home. Once inside you notice the large foyer that is open to the Great Room with expansive ceilings, floor to ceiling windows for the display of multiple mountain views, a custom fireplace and built-ins. Off the Great Room is the dining room with more views and the butler pantry. The primary ensuite is entered through a sitting room unique to this home. Prepare yourself for peace in this room for book reading or meditation and enter your ensuite for views galore, and a private balcony for enjoying nature all to yourself. A large closet and spacious bathing area leave nothing out. The primary bedroom is surrounded by views all day, every day. The kitchen is a chef’s kitchen with room for cooking, prepping, and viewing the natural setting as if you were at a resort! There’s a large Island for all the needs of a chef, plenty of custom cabinetry and the kitchen leads into a den, as well as the screened porch for outdoor eating. The den is great for guests to cozy up to a fireplace and “sit a spell” while waiting on a fabulous dinner. On the main level you will also find the large, expansive ceiling, study with built in, elevator, powder room, and work desk for organizing. On the lower level all the luxury of the main level prevails for guests! Four bedrooms, and two jack-n-jills await your family and friends on this level. All the bedrooms garner views as well. Your guests will appreciate the kitchenette with wine fridge they have access to while staying in the home. One of the best aspects of this level is the custom wine room with lux “seasonings” such as slide out wine storage, uplighting of the storage areas, working wine areas and ample storage. There’s room enough to experience the grapes and vintage before bringing to guests. Outdoors you are surrounded by landscaping and natural beauty that leaves nothing wasted. Walk out to a covered stone patio with pergola or stroll to garden areas with more stone art to impress visitors. You’re not short on privacy with over 2 acres of land to hike, plant or leave natural for beautiful dogwoods, rhododendrons, mountain laurel, and plants consistent with the mountains. Take in a deep breath and be inspired by this timeless beauty on the Mountain. This home also offers membership opportunities to appreciate the amenities and conveniences of the 7 Cliffs Communities including seven Award-Winning Golf Courses, restaurants, state of the art fitness centers, community lakes and trails, tennis, swimming and more!
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2006
MLS Number
1521765
Location
Address
315 Foggy Cut Lane
City
Landrum
State
SC
Zip Code
29356
County
SPARTANBURG
Listing
Provider
Keller Williams Greenville Upstate, original listing
Name
Keller Williams Greenville Upstate
Phone
(864) 234-7500
Office Name
Keller Williams Grv Upst
Office Phone
(864) 234-7500
Agent Name
Kim Stroud

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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.