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1327 Ewing Chapel Road
Dacula, GA 30019
$5,990,000
Conventional
Property
Bedroom
7
Bathroom
8
Property Type
Conventional
Square ft
10484
Property Description
Welcome home to this masterpiece of an equestrian estate. Charm abounds both inside and out of this picturesque property. A privacy gate with a call box welcomes you onto the sprawling, 19+/- acre property while beautifully sculpted landscaping leads you up to the custom-built home. Also situated on this large property is a seven-stall barn, a covered riding arena with Geo-Tex footing, four luscious pastures, gorgeous HORSE TRAILS through out the property, LED-lit tennis and pickleball court, a resort-style pool, a two-bedroom, two-bathroom cabin with a loft and an outdoor riding arena with an overlook pavilion which includes three swing beds, a bar, and a gas fire pit. The entire property is irrigated and has landscape lighting and audio systems throughout, along with a very impressive & extensive Control 4 App system that has power command on the fully wifi estate. Lights on/off , doors locked/ many more options at your fingertips! The detached garage has 4 bays/8 car space for your outdoor needs. Luxury redefined. The stunning, one-of-a-kind home first impresses with the large front porch. Inside, the grand foyer showcases a gorgeous vaulted ceiling and is flanked by the impeccable formal dining room and access to the terrace level. You can’t miss the large windows throughout the home that boasts long-range views of the property. Both cozy and spacious, the fireside family room is flooded with natural light and boasts a wood-paneled vaulted ceiling and a massive chandelier. At the heart of the home, find the chef’s kitchen with top-of-the-line appliances, gorgeous stone accents, a large kitchen island, a sun-lit breakfast nook and views into the living room with a coffered ceiling. This space is ideal for large gatherings and entertaining. Relax and unwind in the primary suite, ideally nestled on the main level. Some of the incredible features include a beamed ceiling, a stone accent wall, a separate sitting room with built-ins, a truly spa-inspired bathroom and a walk-in closet with its own washer and dryer and shoe nook. A private guest suite is ideally situated on the main floor and has quick access to the pool. Upstairs, four more large bedrooms boast unique details in every corner! Below, the incredible terrace level is sure to impress and make entertaining a breeze. A Full-Swing Pro Series Golf Simulator with a complete sports package awaits along with a nine-seat movie theatre and a two-lane duckpin bowling alley. Also, on this level, find a massive bar, a home gym, a billiards room with an air hockey table and a poker table and a large bedroom with a full bathroom. Outside, enjoy a kitchen bar, a large, serene pool and spa with waterfall features, a fire pit, a screened patio with a fireplace and a swinging couch, a breathtaking horse sculpture and a basketball hoop in the large driveway. This estate could also serve as a sports arena for indoor/outdoor turf football. A secondary living cottage is nestled within the property and can serve as an in-law home or grounds keeper home. A canvas to partake as your own. Love to travel? The Gwinnett Airport is less than 6 miles away. Discover true beauty far beyond the ordinary at this spectacular residence.
Property Information
Lot Size
19 acre(s) square ft
Property Type
Residential
Year Built
2016
MLS Number
7308077
Location
Address
1327 Ewing Chapel Road
City
Dacula
State
GA
Zip Code
30019
County
GWINNETT (NORTHEAST)
Listing
Provider
Atlanta Fine Homes Sotheby's International Realty, original listing
Name
Atlanta Fine Homes Sotheby's International Realty
Phone
(404) 835-9601
Office Name
Atlanta Fine Homes Sotheby's International
Office Phone
(770) 442-7300
Agent Name
Brandi Benz

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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.