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780 7th Avenue W
Polson, MT 59860
$3,299,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2950
Property Description
Are you looking for luxury, versatility, land, and 272 feet of Northwest Montana waterfront? Welcome to 780 7th Ave West in Polson, Montana. This 2023 custom built 3 bedroom, 3 bathroom masterpiece boasts nearly 3000 square feet of awe inspiring craftsmanship. Not only does it offer river access to Flathead Lake, a 5 slip boat dock, a brand new 2023 built luxury home, and separate shop and garage, it also allows for owner occupied businesses, and established RV pads with hookups, and it also is zoned RDZ resort zoning, which allows for up to 8 separate units.If you care to utilize its already established and versatile footprint, you can keep it to yourself and enjoy a piece of Montana heaven. If you care to capitalize on it, then you could make it into your own personal resort and income producing property. As you enter through the beautiful front door you are immediately greeted with a tile entryway, circle saw cut floors, and a large open concept living and entertainment space. The mountain and water views out the back of the house draw your eyes out and then directly back in, to see a home built with every detail attended to.  The kitchen is an entertainer's dream furnished with KitchenAid stainless steel appliances, convection microwave, and two ovens. The gas stove and Chipped Maranello granite counters and community island allow the chef to cook and prep, while still being a part of the party. The centerpiece butcher block-treated island is a focal point for prep and ties the wood and stone motif to this space. There are Knotty Alder soft close cabinets and a farm sink for great food storage and prep. The formal dining room space features accordion doors to the future outdoor bbq and kitchen. The living room flows directly from the kitchen to huge vaulted tongue and groove ceilings with a stone and wood fireplace. It is the perfect place to cozy up on a cold winter night, or open the second set of accordion doors and blend the interior of the home with the covered outdoor patio. When you open these doors, it truly feels like the home just extended itself to the river and mountains around you.  Head down the hall to the two well appointed bedrooms with a Jack and Jill bathroom that any guest would be pleased to rest in. The bathroom includes a tile walk-in shower, beautiful tile floors, and custom brass and metal fixtures. The private owners suite includes a 4 piece bathroom with dual vanity granite countertops, another large walk-in tile shower, and opulent copper soaking tub. Enter into the primary bedroom where you are greeted by concave ceiling architecture, your own sliding patio doors, and a walk-in dual closet with custom built in wooden organizers. Not only do you have the brand new house, but you also have the existing 1300 square foot guest house that will include the plans for what the original owners were going to complete with this building. This dwelling was also an existing business and allows its owners to live and work where they play. There is a separate large shop/barn near the guest house, a two car detached garage, two RV pads with full electric hookups and septic dumps, and you cannot forget the brand new 5 boat slip dock right on the river. This property rests directly on the shores of the Flathead River with 272’ of premium waterfront. It is less than a quarter mile away from Flathead Lake with direct access under the Polson Bridge. It’s walking distance to downtown Polson’s restaurants and shops and hospital providing a country feel while being minutes away from so many amenities. You are an hour from Missoula and Kalispell, Montana, and so many outdoor activities to pursue. Contact Austin Baumgarten #406-471-1847, Andrea Raulston #406-880-3429, or your real estate professional.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2023
MLS Number
30025680
Location
Address
780 7th Avenue W
City
Polson
State
MT
Zip Code
59860
County
LAKE
Listing
Provider
Keller Williams Realty Northwest Montana, original listing
Name
Keller Williams Realty Northwest Montana
Phone
(406) 752-4700
Office Name
Keller Williams Realty Northwest Montana
Office Phone
(406) 752-4700
Agent Name
Austin Baumgarten

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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.