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220 N School Street
Boerne, TX 78006
$4,975,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
6047
Property Description
This enchanting estate is perfectly nestled on 2.35 acres behind a private gated entry in the heart of downtown Boerne and backs up to Cibolo Creek! The sublime property features awe-inspiring park-like grounds with majestic oak trees that cohesively blend to create towering canopies and breathtaking lawn art! Professional lush landscaping and a colorful palette of shrubberies and plants further enhance the allure of the grounds. The courtyard entry is a welcoming introduction into the home. Upon entering, you will immediately take note of the elegant appointments and finishes that will be presented throughout the detailed interior. Ornate details include exposed distressed beams, hand carved corbels, stone walls, unique custom doors and windows, old world chandeliers and sconces, stone and hardwood flooring, fixtures and fireplaces. The unique design element that separates this home from others is no two rooms are the same! Just beyond the rotunda entry is the grand great room with a soaring vaulted ceiling and picturesque fireplace! The adjacent formal dining room can accommodate up to twelve guests and overlooks the pool and creek. The bar area is the ideal serving station and is complete with a sink and sub-zero beverage cooler. For the Culinarian, the gourmet kitchen features granite counter tops, working island with a sink, upscale stainless steel appliances, a Viking 6 burner gas range with double ovens, Miele espresso maker and a Sub-Zero refrigerator and freezer. The kitchen also provides access to a cellar which provides additional pantry space or could be a wine room. Additionally, the floor plan includes a cozy family room with a wood burning fireplace, relaxed dining area, a sunroom and a library. The primary owner's wing is complete with a private entry hall, a grand bedroom suite with a vaulted ceiling, fireplace, a versatile room with a Viking beverage cooler and dual walk-in wardrobe rooms. For a true spa-experience - the master bath boasts separate vanities, a sitting vanity, jetted tub and walk-in shower with multiple shower heads and body jets. There is a secondary owner's wing, which is ideal for guests and is equally as impressive! Appointments include a separate entry hall with vibrant spanish tile flooring, a grand bedroom suite with serene views, outside access to a quaint covered patio and a spa-bath with dual vanities! The majestic children's wing is full of magical details that provide fun for the whole family! The fairytale hallway leads you to a secret door, once you push the "hidden button", a grand arched doorway opens to a bedroom suite with a private bath! Further down the hallway you will find a relaxed sitting room with a wall of bookshelves, if you look carefully you will see a "magic" button which opens the shelves to a mystery bedroom complete with charming bunk beds and a private bath. For al fresco living the backyard oasis is complete with a sparkling pool, a covered patio with a fireplace, open lounging spaces and an array of sprawling lawns - all which overlook the serene Cibolo Creek which runs through the back of the property! The entertaining enthusiast will be pleased with the endless indoor and outdoor events that can be celebrated at this breathtaking estate! From intimate gatherings with just a few friends on the terrace, refreshing pool parties in the pool house, outdoor dinners in front of the fireplace to quiet evenings enjoying libations by the creek side - this property presents plentiful occasions for any lifestyle! The pool house may also double as a guest house and features a living area, kitchenette and full bath! For the car aficionado the garage can house all of your extracurricular vehicles and toys! There is room for up to 5 cars, plus an attached two car carport, there are two storage rooms plus a bonus room that can easily be converted into a man cave! This is truly one of a kind property located within walking distance to Main Street.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
1978
MLS Number
1643059
Location
Address
220 N School Street
City
Boerne
State
TX
Zip Code
78006
County
KENDALL
Listing
Provider
KELLER WILLIS SAN ANTONIO INC, original listing
Name
KELLER WILLIS SAN ANTONIO INC
Phone
(210) 696-9996
Office Name
San Antonio Portfolio KW RE
Office Phone
(210) 698-9996
Agent Name
Patricia Nelson

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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.