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1486 Cash Road Se
Calhoun, GA 30701
$589,900
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
3419
Property Description
MAGNIFICENT MINI FARM - BRING THE HORSES! DREAM FARMSTEAD WITH 5+ ACRES, BARN, PASTURE, AND SPRAWLING, SINGLE-LEVEL HOME WITH MULTI-GENERATIONAL LIVING POTENTIAL. Step inside the thoughtfully-designed footprint to the grand living room, which boasts a generous space for both everyday lounge and large-scale entertaining, and can comfortably accommodate many. GAS LOG FIREPLACE is the focal point of the space, and is flanked by BUILT-IN BOOKCASES to display prized heirlooms and works of art. Sizeable kitchen features handsome, raised panel oak cabinetry; dazzling GRANITE COUNTERS; STAINLESS APPLIANCE PACKAGE; and travertine tile flooring and backsplash. Breakfast bar seating for 4 overlooks the FORMAL DINING ROOM, which also has a decorative pass-through to the living room, complete with pendant lighting and sliding glass door access to the back deck. The north wing of the home houses the owners suite plus 3 spacious bedrooms (one has a private ensuite, and the other two share a jack-and-jill bath), all with walk-in closets. ABSOLUTELY MASSIVE OWNERS RETREAT provides luxury accommodations to begin and end each day. Features include: Vaulted ceilings with recessed lighting; Romantic FIREPLACE, setting the tone for a warm and relaxing ambiance; Sliding, glass door access to WRAP-AROUND PORCH; and PRIVATE ENSUITE WITH 5-STAR AMENITIES - TWO WALK-IN CLOSETS, garden tub with air jets, double vanities with sit-down make-up station, and 2-PERSON SHOWER. The south wing of the house is home to the SPACIOUS LAUNDRY/MUDROOM with TONGUE-AND-GROOVE, CEDAR WALLS, as well as the SECONDARY SUITE, which is complete with a generous WALK-IN CLOSET, and PRIVATE ENSUITE with TILE SHOWER, as well as easy access to the exterior. The decking around the home is massive, including covered and uncovered areas to relax and entertain, seamlessly blending the indoor and outdoor living spaces. 6-STALL BARN with power and water houses tack room, feed room, additional storage, and loft space, and is surrounded by a bucolic, FENCED PASTURE AREA. There is also a SPRING on the property, which runs year-round. Embrace this rare opportunity to LIVE OFF THE LAND. Despite its rural charm, this property is nestled within the Sonoraville community, only about 4 MILES FROM THE SONORAVILLE CAMPUSES. Whether you yearn for self-sufficiency, a hobby farm, or simply a retreat from the hustle and bustle, this magnificent home and mini-farm offers a lifestyle as rare as it is rewarding. Schedule a showing today and let your dreams take root in this idyllic setting. NO HOA! Welcome Home to 1486 Cash Road!
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
1999
MLS Number
7343582
Location
Address
1486 Cash Road SE
City
Calhoun
State
GA
Zip Code
30701
County
GORDON (COUNTY)
Listing
Provider
Samantha Lusk and Associates Realty, Inc., original listing
Name
Samantha Lusk and Associates Realty, Inc.
Phone
(706) 629-3007
Office Name
Samantha Lusk & Associates Realty, Inc.
Office Phone
(706) 629-3007
Agent Name
Samantha Lusk

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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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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.