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14725 Todd Creek Road
Platte City, MO 64079
$3,150,000
Conventional
Property
Bedroom
6
Bathroom
5
Property Type
Conventional
Square ft
6648
Property Description
This magnificent 2-story brick home sprawls across 108 acres of serene beauty, offering over 6,000 sq. ft. of luxurious living space. The striking exterior and well-manicured landscaping create an aura of timeless charm. Inside, the home is bathed in natural light, featuring 6 spacious bedrooms and 5 bathrooms. The heart of the home is a well-appointed kitchen with balcony access, perfect for both casual and formal dining. Adjacent to this, an elegant dining room sets the stage for special occasions. The grand living room boasts a monumental stone fireplace, framed by towering windows, providing stunning views of the lush surroundings. The main floor houses a spacious master bedroom with a private balcony and a spa-like bathroom. Two more bedrooms on this level offer ample space for guests or family members. The expansive unfinished basement opens up numerous possibilities, including an extra bedroom, workout or storage rooms, and ample storage space. Outside, a walk-out basement leads to a large covered patio, perfect for outdoor gatherings. This patio includes a dedicated grill and smoker area, making it a haven for outdoor cooking enthusiasts. Adding to the property's appeal is a 64x60 shop with a 6-car attached garage. This versatile space is equipped with commercial insulated roofing, a bathroom, solar, and a separate electrical panel, making it ideal for a workshop or storage. For nature enthusiasts, the 108-acre estate offers ample space for hunting and foraging. It also features the remnants of the historic Platte County icehouse and lengthy access to Todds Creek, providing a nostalgic touch to the natural beauty that surrounds the property. In summary, this 2-story brick home on 108 acres offers a luxurious and spacious living environment, abundant natural light, and a range of amenities. Whether you seek a tranquil retreat or a space for entertaining and creativity, this property fulfills every need and desire.
Property Information
Lot Size
108 acre(s) square ft
Property Type
Residential
Year Built
2000
MLS Number
2457056
Location
Address
14725 Todd Creek Road
City
Platte City
State
MO
Zip Code
64079
County
PLATTE
Listing
Provider
Remax House of Dreams, original listing
Name
Remax House of Dreams
Phone
(816) 405-7712
Office Name
RE/MAX House of Dreams
Office Phone
(816) 858-9009
Agent Name
Tony Farr TEAM

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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.