Home for Sale at 1273 Lilac Drive, Arnold, CA 95223

1273 Lilac Drive
Arnold, CA 95223

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Property Details

List Price:	$515,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	1728
Agency:	Corcoran Global Living

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1973
Notes:	Perched on a knoll among the trees in the quaint Sierra town of Arnold, you'll discover The Sanctuary. Creative decor and artwork along with repurposed antiques lend the home a fun playfulness that makes you feel welcome the moment you walk in the door. This turn-key home has been a successful vacation rental loved by guests as evidenced by the many glowing five star reviews. With custom light fixtures throughout, this home exudes warmth and charm. The kitchen bar surround looking into the living room, and bed frame in one of the upstairs bedrooms is made of reclaimed water tower redwood, while the fireplace mantle is reclaimed hickory from a barn. The kitchen features shaker style cabinets, granite counter tops, and everything the home chef needs. On the main level, you'll find a spacious bedroom and full bathroom. Upstairs, you'll find a spacious primary bedroom with ensuite half bathroom and balcony, as well as another guest bedroom and full bathroom. There's also an adorable 4th bonus room that is currently used as a kid's playroom and sleeping area. Host friends and family on the dreamy deck where you can dine al fresco, lounge in the Adirondack chairs, or play Giant Jenga, Ping Pong, or Corn Hole. Wake up in the morning listening to the birds singing outside, and enjoy a cup of coffee on the balcony or deck as you take in the peaceful surroundings. Wildlife abounds in this neck of the woods, and you'll often see deer passing by through the property. This home is located in Lilac Park, where homeowners enjoy private access to their community pool and park, which is located within walking distance of the cabin. Shops and restaurants in town are also a short walk away, yet the cabin enjoys a private setting. White Pines Lake and Park as well as the Arnold Rim Trail are just over a mile away where you can swim, kayak, hike, and enjoy boundless outdoor recreation activities. When you feel like venturing a little further out, head down the hill to Murphys for wine tasting, shopping, and dining, or up to Bear Valley for alpine adventures and skiing and snowboarding in winter! In 2021-2022 the flooring was all updated, kitchen cabinets and much of the interior was repainted. In 2019 a new metal roof was installed, cabin was re-stained, and the wood stove was replaced with a new gas log stove insert. This cabin comes mostly furnished, and there's the possibility to take over the existing vacation rental bookings if the new owner desires. Welcome to The Sanctuary!
MlsNumber:	202400955

Listing Provided By:	Corcoran Global Living, original listing
Name:	Corcoran Global Living
Phone:	(925) 634-1111
Office Name:	Corcoran Icon Properties
Office Phone:	(209) 795-6600
Agent Name:	Rodney Rodr
Disclaimer:	Copyright Â© 2024 Calaveras County 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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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