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517 Stafford Avenue Nw
Cleveland, TN 37312
$1,300,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
5873
Property Description
This exceptional custom-built home offers unparalleled luxury and meticulous craftsmanship. Situated on two joined lots spanning 2 acres, this residence boasts extensive upgrades and thoughtful features, providing the ultimate in comfort and elegance. Hand-chiseled Mountain Stone and brick exterior exudes timeless charm, while poured concrete walls ensure durability and structural integrity in your new home. The exquisite features are carried inside and out of this special property. The professionally designed landscape sets the scene leading to a back patio where you can experience the allure of outdoor living year-round with a captivating wood-burning stone fireplace, nestled amidst meticulously crafted engineered poured concrete walls. This picturesque setting provides the perfect backdrop for gatherings and al fresco entertaining. Coming inside the house, the kitchen is the heart of any home, and this one is a culinary haven thoughtfully curated to inspire creativity and elevate the cooking experience to new heights. With ample counter space, high-end appliances, and thoughtful storage solutions, you'll find everything you need right at your fingertips. From the custom-designed baking center with hidden mixer stand to the warming drawer beneath the built-in oven, convenience and efficiency are paramount. Dual sinks with garbage disposals and electrical outlets in the pantry further enhance the kitchen's functionality, allowing for seamless meal preparation and cleanup. It is all about the details in your home. The strategic positioning of the custom-built office at the front of the home offers both convenience and accessibility, allowing for seamless transitions between work and personal life. The office serves as a versatile hub that effortlessly adapts to your needs for a space that provides productivity, creativity, and professional excellence. The main bedroom serves as a lavish sanctuary, meticulously designed to envelop you in serenity and comfort. As you step into this opulent retreat, you are greeted by the warm glow of a fireplace, casting a soft, flickering light that dances across the room, creating an ambiance of unparalleled tranquility. An en suite custom spa bath, meticulously crafted to evoke a sense of indulgence and rejuvenation is yours. Here, you'll find a sanctuary of relaxation, complete with a luxurious bidet, offering the ultimate in comfort and convenience. From the sleek, modern design to the premium fixtures and finishes, every detail has been thoughtfully considered to create an oasis of serenity and luxury. Ascend the grandeur of not one, but two gracefully designed staircases, offering effortless access to the upstairs. Beyond mere functionality, these staircases serve as architectural statements, guiding you to an elevated haven of refined living. Upon reaching the upper level, a spacious sitting area awaits, inviting you to unwind and relax in style. Whether you seek solitude with a good book or desire lively conversation with loved ones, this versatile space caters to all your leisurely pursuits. Pamper in the comfort of privacy as you retreat to the guest quarters, where every detail has been meticulously considered. Each bedroom boasts its own private bath, ensuring unparalleled convenience and autonomy for guests. With ample storage space and the potential for further customization, the upstairs area presents endless possibilities for expansion and personalization. The basement was renovated in 2021, this space offers an additional entertainment area, where laughter and joy abound. From movie nights to game tournaments, this versatile space provides the perfect backdrop for creating cherished memories with loved ones. Adjacent to the entertainment area lies a spacious bedroom, offering repose and privacy for overnight guests or family members. While this home is abounding in features, it is nestled in the heart of the gated Bentley Park community. The clubhouse is a focal point of community life and social gatherings. Available exclusively to residents at no charge, the clubhouse serves as a versatile venue for meetings, celebrations, and special events. With its spacious interior and expansive outdoor deck, it provides the perfect setting for memorable gatherings with friends and neighbors. The clubhouse boasts a fitness room, equipped with everything you need to stay fit and healthy. Additionally, residents can enjoy access to tennis, pickleball, and basketball courts, providing endless opportunities for outdoor recreation and enjoyment. Beautiful common areas invite residents to explore and connect with nature at their leisure. This stunning home is ready to welcome you. Schedule a time to see your exquisite home in person today.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2003
MLS Number
20241893
Location
Address
517 Stafford Avenue NW
City
Cleveland
State
TN
Zip Code
37312
County
BRADLEY
Listing
Provider
Bender Realty, original listing
Name
Bender Realty
Phone
(423) 472-2173
Office Name
Bender Realty
Office Phone
(423) 472-2173
Agent Name
Karen Liner

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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.