Home for Sale at 197 N Shore Road, North Haven, ME 04853

197 N Shore Road
North Haven, ME 04853

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Property Details

List Price:	$1,795,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	3202
Agency:	Brookewood Realty
Agency Phone:	207-620-8212

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Description/Comments

Lot Size:	14 acre(s)
Property Type:	Residential
Year Built:	2012
Notes:	This magnificent custom 3bd 2.5ba home is situated on nearly 15 acres on the Idyllic island of North Haven in Penobscot Bay. This wonderful year round property would also make a luxurious summer retreat.<br /> <br /> This property was built by a contractor with the same meticulous detail and quality used in the most prestigious summer homes of North Haven and Vinalhaven that he was entrusted to care for. He also remodeled the iconic 'Nebo Lodge'.<br /> <br /> This bright, open, and welcoming home boasts 1601 sqft. above grade with an additional finished 1601 sqft walk out daylight basement. Custom maple cabinetry adorns the kitchen and bathrooms. Generous insulated windows bathe both levels of the home with light and take full advantage of the beauty that surrounds the home, 'bringing the outside in.' The split plan offers a primary suite with a luxurious bath with a huge walk in closet. There is sound proofing between the primary suite and the living space and the same for the guest room. the entire home is insulated with Roxul with two layers in the ceilings and an additional layer of blown-in insulation. <br /> <br /> Taking the Ipe wood trimmed staircase to the lower level one will find and incredible entertainment space. The 'Man cave' is insulated and soundproofed with Roxul and boasts a bar, television area, several gaming tables, a half bath trimmed with more Ipe wood, ample windows with rare Maine black granite window sills and a beautiful stamped concrete floor. The space opens onto a new large private deck area that looks out over the back of the property.<br /> <br /> There is a climate controlled barn. use it as is or convert it to suite your needs.<br /> <br /> If you want to get to this special place faster there is also an air strip to land your STOL aircraft or helicopter.<br /> <br /> This truly is a unique and special property!<br /> <br /> note; many of the furnishings can convey with a few exceptions.
MlsNumber:	1564008

Listing Provided By:	Brookewood Realty, original listing
Name:	Brookewood Realty
Phone:	(207) 620-8212
Office Name:	Brookewood Realty
Office Phone:	(207) 620-8212
Agent Name:	Jason Hall
Disclaimer:	Copyright Â© 2024 Maine Real Estate Information System, 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.

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or licensed by the US Department of Housing and Urban Development

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