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100 Beall Avenue
Luray, VA 22835
Andy Peers with Compass, original listing - (301) 298-1001
$650,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3701 Square Feet
Property Description
Welcome to the Stone House in Luray – A Mountain Retreat with Unmatched Views and a Pool! Please have your agent check Bright MLS agent remarks, and documents for features and income figures. Nestled on the 17th hole of the Caverns Country Club, this distinctive English Manor-style home with a gorgeous metal roof offers breathtaking views of the Blue Ridge Mountains to the east and the Massanutten Mountains to the west. Set on an impressive 1-acre lot, this Shenandoah Valley property provides ultimate comfort. As you step inside, you're greeted by an open foyer, soaring ceilings, and beautiful hardwood floors throughout the main level, setting the tone for the home’s thoughtful design. The formal dining room features a vaulted 12' ceiling with exposed beams and an elegant arched window, comfortably seating ten—ideal for hosting memorable gatherings. The expansive living room boasts a grand stone fireplace reaching almost 20' and large windows with glass double doors that allow natural light to fill the space and lead to the covered veranda, where you can take in the stunning views. Conveniently tucked away, you'll find a den, playroom, or small resting room large enough for a single bed—an ideal flex space. Opposite this room is a recently updated full bathroom. The heart of the home is the open farmhouse kitchen with exposed beams, equipped with a full suite of stainless steel appliances, including a double oven, granite countertops, ample cabinet space, and island seating. Just off the kitchen, a cozy eating area sits in front of a second gas fireplace and leads into a large walk-through pantry and an additional closet pantry, providing convenient access to the formal dining room. A second half-bathroom on this level and a laundry/mudroom are located nearby, with access to the three-car garage. Upstairs, you’ll find three spacious bedrooms and a den, ideal for relaxation or additional living space. The primary bedroom is a true retreat, offering mountain views and an en-suite bathroom with a double vanity and a linen closet. The second upstairs bathroom serves the additional bedrooms and has been thoughtfully updated with new flooring, a double vanity, and a bathtub. The lower level features a versatile living area that can be tailored to your needs, whether for recreation or extra living space. The outdoor spaces of this home are equally spectacular. Enjoy breathtaking sunrises and sunsets while relaxing by the pool, surrounded by a gorgeous stone wall that matches the house. Make memories spending time with loved ones, grilling a meal, or gathering around the fire pit. Additional features include high-speed internet access through Comcast/Xfinity and a whole-house generator for peace of mind. Dual HVAC systems and many windows were recently replaced. Request a list of recent improvements from your agent. Located just minutes from historic downtown Luray, you'll have easy access to the renowned Luray Caverns, the scenic Shenandoah River, and the expansive Shenandoah National Park. An array of wineries, breweries, and restaurants are just a short drive away. Whether you're looking to unwind in nature or enjoy some family fun, the Stone House offers everything you need for an unforgettable stay.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1992
MLS Number
--
Location
Address
100 BEALL AVENUE
City
LURAY
State
VA
Zip Code
22835
County
PAGE
Listing
Provider
Name
Phone
(202) 491-1275
Office Name
Office Phone
(301) 298-1001
Agent Name
Andy Peers
Agency Phone
(703) 310-6111

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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.