Home for Sale at 1050 Glen Shaw Road, Edmonton, KY 42129

1050 Glen Shaw Road
Edmonton, KY 42129

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Property Details

List Price:	$689,000
Beds:	2
Baths:	2
Status:	Active
SqFt:	1166
Agency:	RE/MAX Highland Realty

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Description/Comments

Lot Size:	112 acre(s)
Property Type:	Residential
Year Built:	2007
Notes:	Welcome to an unparalleled oasis in today's real estate market! Set upon 112 acres of pristine landscape, 1050 Glen Shaw Rd epitomizes tranquility and luxury intertwined. Let's delve into what makes this property an extraordinary find: Impeccable 1800+ square foot log home, seamlessly blending rustic allure with modern amenities. Meticulously crafted with a main-level bedroom and an adaptable loft bonus room, currently serving as an additional bedroom. Convenient half bath nestled in the loft area for added comfort and functionality. Culinary enthusiasts will delight in the well-appointed kitchen, boasting state-of-the-art appliances. The living and dining areas beckon with the warmth of a working wood-burning fireplace, creating an ambiance of cozy elegance. Soaring cathedral ceilings grace the home, amplifying the sense of space and grandeur. An unfinished basement offers endless potential, ready to be transformed according to the new owner's vision. Embrace outdoor living at its finest with a full wrap-around deck, complete with a covered front porch and a spacious covered back deck, perfect for entertaining amidst the breathtaking scenery. Adjacent to the main residence, a 24' x 40' workshop awaits, a haven for craftsmen and hobbyists alike, boasting concrete floors and electricity for utmost convenience. Discover a hidden gem nestled on the backside of the property - a charming cabin ideal for nature enthusiasts and adventurous spirits. Offering approximately 1000 square feet of cozy space, this off-grid retreat is a testament to sustainable living. Experience off-grid comfort with a rainwater catchment system, propane cook stove, and propane fridge, ensuring self-sufficiency without sacrificing modern comforts. Beyond the confines of the residence lies 112 acres of unspoiled beauty, adorned with Some marketable timber awaiting selective harvesting. Explore the expansive grounds, traversed by a private, well-maintained road, offering both accessibility and seclusion in equal measure. Escape the ordinary and embrace a lifestyle of unparalleled serenity at 1050 Glen Shaw Rd. Whether you seek a permanent sanctuary, a vacation retreat, or an investment opportunity, this property transcends the realm of possibility. Don't let this rare chance slip through your fingers - seize the opportunity to own a slice of paradise in the heart of Edmonton, Kentucky. Schedule your exclusive tour today
MlsNumber:	RA20241675

Listing Provided By:	RE/MAX Highland Realty, original listing
Name:	RE/MAX Highland Realty
Phone:	(270) 678-1020
Office Name:	RE/MAX Highland Realty
Office Phone:	(270) 678-1020
Agent Name:	Keith Corum
Disclaimer:	Copyright Â© 2024 REALTOR Â® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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