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6299 Strickland Road
Ebro, FL 32437
$779,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3174
Property Description
Bring your horses, boats and ATVs and endless possibilities. Main house and guest house must be sold together. This private, quiet equestrian property is conveniently located at the junction of Washington, Bay and Walton County lines. 2 well maintained homes on 5.5 groomed, green acres and pasture fenced for horses. The land is cleared, flat and perfect for horse dressage and arena. Dirt roads provide miles of trail riding opportunities. The property is located near Pine Log Creek, Choctawhatchee and East Rivers with easy access to public boat ramps for boating, jet skis, kayaking or paddle boarding. Within 2 miles of Pine Log State Forest with miles of off road biking trails and camping. 2 miles from newly established Operation Outdoor Freedom (outdoor opportunities for Fl Wounded Veterans), 20 minutes to Panama City Beach, Pier Park and Northwest Fl Airport (ECP). Less than 20 min to new hospital under construction, Margaritaville community with proposed retail and entertainment opportunities. Homes are also just 30 minutes to Walton Co and 30A. Main house is just under 3200 sq ft under roof with approximate 1000 ft of covered deck, 2274 heated and cooled. New HVAC was installed in 2019. All new kitchen appliances will convey. Lower kitchen cabinets have easy pull out drawers for easy storage. Plenty of counterspace for food prep, breakfast area and pantry in the large kitchen that overlook your pool, fire pit, patio and pasture. Formal dining provides additional seating or entertainment options. Spacious attic has pull down stairs inside the home for easy storage access Split bedrooms provide privacy for master bedroom with walk in closet and bath. Laundry room is situated near master area, entry and kitchen for convenience. 3 additional bedrooms have large closets and access to a 2nd full bath. Half bath is located between laundry and kitchen and ideal for guests use. Back patio with 750 gal saltwater pool and 2 year old hot tub are enclosed in fencing. Umbrella stand and fountains in the pool provide shade in sitting area. Crawl space under the home could provide additional storage. 2 story concrete barn with loft was built in 2000. 4 stalls, washroom (easily converts to 5th stall if needed) and tackroom. Each of the 4 12 ft stalls are equipped with outlets for fans. Barn openings face North and South, so no sun gets in from east and west and keeps the barn and your horses more comfortable. Barn is also built so more stalls can be added to the North or South ends. A concrete aisle and stall fronts are galvanized metal so they won't rust. The barn is situated next to the house, so horses can be seen from the home. Barn could easily be converted to a garage, an event space or outdoor kitchen - the large white outside wall is perfect for outdoor movies and can be seen from pool! Fridge and freezer in barn convey with purchase. Water line is conveniently located in pasture and on outside of barn. Guest house built in 1984 from deadhead cypress off East River island is 2 bedroom 1 bath, 900 sq ft and on it's own well, septic and electric meter. This home includes an enclosed porch with additional storage/laundry area. This adorable carriage house could be a mother in law suite, guest house or a rental. The house is shaded by a huge oak tree and loblolly pines. New HVAC was installed in 2022. Additional 5 acres at 6287 Strickland Rd could be purchased with this property.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
1994
MLS Number
755934
Location
Address
6299 Strickland Road
City
Ebro
State
FL
Zip Code
32437
County
WASHINGTON
Listing
Provider
Seashore Realty LLC, original listing
Name
Seashore Realty LLC
Phone
(850) 235-4444
Office Name
Seashore Realty LLC
Office Phone
(850) 235-4444
Agent Name
Beth Arnold

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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.