Home for Sale at 595 Autumn Path, Banner Elk, NC 28604

595 Autumn Path
Banner Elk, NC 28604

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Property Details

List Price:	$2,750,000
Beds:	3
Baths:	4
Status:	Active
SqFt:	4985
Agency:	Blue Ridge Realty & Investments, LLC

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Description/Comments

Lot Size:	6 acre(s)
Property Type:	Residential
Year Built:	2006
Notes:	A spectacular Banner Elk mountain home, once featured in US Airways Magazine and on the cover of Charlotte Homes and Land, offering the ultimate privacy, prestige and comfort! Part of Forest Ridge, a gated community 6 minutes from downtown Banner Elk. Forest Ridge is comprised of only 3 homeowners and driving through the easy access development will remind you of how manicured Disney World is! Wonderful views from inside the home as well as on the over 1800 square feet of deck space, mostly covered, which also features a soaring wood burning fireplace. Sunset views, spanning 180 degrees west and south. The home has a huge great room, kitchen and dining area open to each other, an elegant master bedroom suite, half bath and laundry on the main level. Gas fireplaces in the great room and master bedroom. The kitchen is truly gourmet, with its features including cherry cabinets, granite counter tops and Wolf and sub zero appliances. Crafted walnut floors throughout the main level. The home is located at the top of the community and is surrounded by trees on two combined lots totaling almost 6.6 acres. Two car oversized garage that is easy to enter. Newly paved circular driveway lined with lush landscaping/trees. At an elevation just under 4,000 feet, you will get the relief you seek from the heat! Designer furniture/furnishings could be included in the sale. Many special features included with this home and property, including a dedicated wine storage area, high ceilings, walk in closets, numerous expansive windows, den or game room downstairs and a whole house generator. Truly the best in luxury for you and your guests! With its location near Banner Elk, skiing, hiking, the Blue Ridge Parkway, Grandfather Mountain, restaurants, shopping, Valle Crucis, Boone, Blowing Rock and much more are close by.
MlsNumber:	245940

Listing Provided By:	Blue Ridge Realty & Investments, LLC, original listing
Name:	Blue Ridge Realty & Investments, LLC
Phone:	(828) 263-8711
Office Name:	Blue Ridge Realty & Inv. - Banner Elk
Office Phone:	(828) 263-8711
Agent Name:	John Heinlein
Disclaimer:	Copyright Â© 2024 High Country Association of Realtors. 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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