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484 E Sugarbush Drive
Sky Valley, GA 30537
$375,000
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
--
Property Description
Moving to the Georgia mountains, vacation rental or seasonal getaway you will find it in this unique 2 bedroom, 2 bath home, welcome to your dream retreat in the hills of Sky Valley. As you step inside, you'll be captivated by the completely renovated open-concept floor plan featuring beamed vaulted ceilings, and an inviting fireplace in the heart of the house-the great room. You are surrounded by walls of windows letting in plenty of natural light, and breathtaking panoramic views of the surrounding mountains. Best of mountain living, in this home which has been meticulously upgraded with all-new flooring, light fixtures and paint. Additional usable square footage was added by removing the built-in closet previously found in the great room. The second floor also provides a large area for dining and a very comfortable kitchen. The master bedroom with ensuite bathroom on the second floor has access to its own enclosed balcony with views that are breathtaking. On the first floor you will find a large bedroom with an ensuite bathroom, for added privacy this is the only bedroom on this floor. You will find the laundry on the main floor as well. Sliding glass doors lead to an expansive deck extending your living space outdoors where you can relax and take in the cool mountain weather with comfortable furnishings and grill for outdoor cooking, and your very own hot tub. The home also has a separate one car garage, a great area to store that golf cart or atv which would be so enjoyable in this neighborhood. Privacy is guaranteed on this lot, with ample guest parking. This home is offered fully furnished, just waiting for its next owners. Don't miss the chance to make this remarkable home your own. Sky Valley Resort, with its 18-hole championship golf course, clubhouse, restaurant, tennis and pickleball courts, outdoor heated pool, and fitness facilities, offers ample community amenities. With no mandatory HOA and an optional POA for $50 a year, plus the opportunity for a golf club membership, this property is a mountain paradise waiting for you. The surrounding area offers numerous hiking and mountain biking trails, perfect for outdoor enthusiasts. The Town of Highlands, NC and Clayton, GA are both approximately12 miles and are known for their one-of-a-kind shops and great restaurant choices for dining out. The location of this home allows you to enjoy the stunning Georgia mountains with everything an outdoor enthusiast could want as well being close enough to two beautiful historic towns ready to be enjoyed. Seller is related to Listing Agent.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1971
MLS Number
10261684
Location
Address
484 E Sugarbush Drive
City
Sky Valley
State
GA
Zip Code
30537
County
RABUN
Listing
Provider
Palmer House Properties and Assoc., original listing
Name
Palmer House Properties and Assoc.
Phone
(404) 876-4901
Office Name
HomeSmart
Office Phone
(404) 876-4901
Agent Name
Jacqueline Infante

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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.