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119 Bald Eagle Drive
Montross, VA 22520
Christina Burroughs with Coldwell Banker Elite, original listing - (540) 479-3226
$819,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3156 Square Feet
Property Description
Welcome to luxury living at its very best! This home is a perfect vacation get away or your dream forever home. This J.Hall constructed cliff waterfront home will absolutely take your breath away with astounding views, impeccable features, and attention to details. Nestled on a private lot, this gorgeous home, charmingly referred to as "the bird house", sits three stories high overlooking one hundred eighty degree views of the Potomac River, in an amenity-filled neighborhood with clubhouse, including tennis courts and pickle ball court, boat ramp, community marina, in-ground pool, beach, and common areas; that is if you want to venture away at all from the retreat like features of the home itself. This four bedroom, three full and one half bathroom home offers relaxation not only for the people in the family but also any pets. You'll be welcomed in from a covered porch at the front door and guided into a gorgeous foyer. The main level features a large living room with game area and library that extends the width of the entire back of the home with built-in shelving, sliding door access to entertaining patio, full bathroom, and laundry room complete with built-in puppy spa shower and commercial washer and dryer. The second story is designed as your main level with double sided stone gas fireplace between the family room and dining room. The gourmet kitchen offers granite countertops, stainless steel appliances, built-in wine cooler, and plenty of storage space. There is a wall of windows at every glance, giving you commanding water views from every angle. From the dining area, step out on the newly resurfaced low maintenance vinyl and Trex deck to catch views of boats passing by or the occasional pod of dolphins. The primary bedroom suite on this level makes living comfortable and easy. Three more bedrooms, a full bathroom, and a cat walk with birds eye views of the water adorn the third level. Above you'll find skylight views of the birds flying over. New roof installed in 2020. Strategically placed closets at each level of the home can easily accommodate elevator installation with the help of a licensed contractor. Each level of the home also has its own thermostat for new HVAC heat pump system so you always stay comfortable and relaxed! The fully fenced, pet and children secure fenced backyard includes a large patio with seven-seat brand new hot tub with power cover, kayak racking, a small patio for private Adirondack seating, green area great for the yard games cornhole or tetherball, and let's not forget those incredible cliff waterfront views! You'll have several direct access points to the water, including nearby community boat ramp, Shark Tooth Beach, Lake Beach, Lake Ramp, and George Washington's Birthplace National Park, perfect for boats, paddle boards, jet skis, kayaks, canoeing, and more, or you can access the community pool conveniently located nearby. All of this and so much more not far from grocery stores, country store, gas stations, restaurants, breweries, and Colonial Beach. This home is within commuting distance to Southern Maryland, Fredericksburg, King George, Richmond, and beyond. Yes, there is high speed internet, too! Also looking for a garage and additional space? The sellers have the builders drawings if you'd like to add those on, as well! Septic system is for a five bedroom home. No detail has been left to chance in this home. Sit back and relax with the sounds of nature in your vacation river home!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2006
MLS Number
--
Location
Address
119 BALD EAGLE DRIVE
City
MONTROSS
State
VA
Zip Code
22520
County
WESTMORELAND
Listing
Name
Phone
(540) 479-3226
Office Name
Office Phone
(540) 479-3226
Agent Name
Christina Burroughs
Agency Phone
(540) 469-4300

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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.