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10500 Mountain Shadow Lane
Marshall, VA 20115
$4,250,000
Conventional
Property
Bedroom
5
Bathroom
8
Property Type
Conventional
Square ft
9212
Property Description
Welcome to Tanner Branch Farm, an exquisite 85+acre country estate in Marshall, VA. This exceptional property offers the perfect blend of luxurious living, natural beauty, and outdoor recreation. Bordering the picturesque Tanner Branch, the 9,200+ square foot home has been meticulously updated and expanded. It boasts a sumptuous main level Primary Suite with a luxurious en suite bath, a private sitting room with a cozy fireplace, and access to a tranquil fountain and stone patio. Throughout the home, you'll find walnut hardwood floors, eight fireplaces, some adorned with French limestone mantels, and a handsome library with custom built-ins and beautifully paneled walls. The spacious gourmet kitchen is a chef's dream, and the family room addition features soaring beamed ceilings and an abundance of natural light. Working from home or streaming is a breeze with the Starlink internet service, providing high speed up and download speeds. The lower level is an entertainer's paradise, complete with a bar crafted from ribbon mahogany, a true work of art. The bar area opens to the inviting pool deck. Additionally, there's a media room with a state-of-the-art sound system and an au pair suite. For a detailed list of upgrades and features, please refer to the comprehensive document provided. The property also includes a well-appointed 6-stall horse barn, perfect for equestrian enthusiasts who can explore the nearby 1000-acre Hume Trail Network or enjoy riding through the estate's trails. Upstairs in the barn, a guest house awaits, built with meticulous attention to detail. It features old wood beams imported from Oregon, hickory floors, a gourmet kitchen with a spacious island, and two bedrooms. At Tanner Branch Farm, you'll revel in the beauty of the countryside, from swimming in the pool to hiking the wooded trails, from horseback riding through the Virginia Countryside to dining al fresco on one of the numerous patios or verandas. Enjoy breathtaking sunrises and sunsets in this private retreat, a sanctuary where wildlife and nature abound. Tanner Branch Farm is your opportunity to experience the epitome of country living at its finest.
Property Information
Lot Size
85 acre(s) square ft
Property Type
Residential
Year Built
2000
MLS Number
VAFQ2011736
Location
Address
10500 MOUNTAIN SHADOW LANE
City
MARSHALL
State
VA
Zip Code
20115
County
FAUQUIER
Listing
Provider
Washington Fine Properties, original listing
Name
Washington Fine Properties
Phone
(540) 687-6395
Office Name
Washington Fine Properties, LLC
Office Phone
(540) 687-6395
Agent Name
Debbie Meighan

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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.