Home for Sale at 114 Canvasback Drive, Duck, NC 27949

114 Canvasback Drive
Duck, NC 27949

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Property Details

List Price:	$2,775,000
Beds:	7
Baths:	8
Status:	Active
SqFt:	4438
Agency:	Four Seasons Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	--
Notes:	Ocean to Sound views! This stunning newly constructed home in Duck is only 4 houses from the beach and was finished in 2023 by revered Outer Banks builder Olin Finch. A few of the best features in this almost 4,500 sq ft home include an elevator, private heated pool and hot tub, rec room, media room, EV Charger, incredible views of both the ocean and sound, and 7 spacious bedrooms each boasting their own private bath. Enjoy not only having nearby neighborhood access to the sound where you can launch your own kayaks or paddleboards, but also direct beach access just steps away. The home was designed for maximum comfort with living areas on each level and an abundance outdoor spaces. The top level hosts the great room with electric fireplace, dining room, gourmet kitchen with large eat in island and gas range and two refrigerators, two dishwashers, two sinks, and a king bedroom suite and deck with ocean and sound views. The mid-level hosts a lounge/sitting room with TV that opens up to the back deck overlooking the pool, and 4 more ensuite bedrooms. On the ground level you'll find a fun rec room with pool table and wet bar with additional full size fridge, a kids room with two bunk sets, half bath, laundry, and a media room great for rest after a long day at the beach. The pool area is the perfect mix or relaxation and fun with the heated pool, hot tub, plenty of outdoor seating, outdoor TV, and gas grill.
MlsNumber:	124986

Listing Provided By:	Four Seasons Realty, original listing
Name:	Four Seasons Realty
Phone:	(252) 207-8611
Office Name:	Four Seasons Realty
Office Phone:	(252) 207-8611
Agent Name:	Jo Ann Konstanzer
Disclaimer:	Copyright Â© 2024 Outer Banks Association of Realtors Â®. 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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