Home for Sale at 73340 Highway 395, Bridgeport, CA 93517

Refine Search

73340 Highway 395
Bridgeport, CA 93517

Suzanne Baker with Coldwell Banker Mammoth, original listing - (760) 934-2562

« Prev

Property Details

List Price:	$1,750,000
Beds:	5
Baths:	Full: 4
Status:	Active
SqFt:	4702 Square Feet
Agency:	Coldwell Banker Mammoth
Agency Phone:	(760) 934-2562

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	187 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2000
Notes:	ORININALLY CONSTRUCTED AND ENJOYED AS A BEAUTIFUL RANCH HOME, SINCE ITS SALE TO A WILDLANDS CONSERVANCY FOUNDATION NEARLY FIVE YEARS AGO, THIS UNIQUE PROPERTY HAS BEEN UTILIZED AS A WELCOMING MOUNTAIN RETREAT. It offers 187 acres of pastures, rolling hills and some of the most spectacular views of Sierra Nevada Mountains and Bridgeport Valley possible. The interior of this spacious 5-bedroom, 4-bathroom home has been updated with some lovely furnishings and tasteful decorative enhancements. The magnificent great room features floor-to-ceiling windows offering panoramic views and the beautiful gourmet kitchen features custom woodwork, granite counter tops & stainless appliances. Entertain friends and family in your cozy game room with a custom, built-in bar, large fireplace, game tables and more. The home displays beautiful natural wood finishes, vaulted ceilings, dual FAU heat, and an efficient wood stove. The oversized, detached garage will accommodate an RV and several additional vehicles and lots of "toys". Your horses will thrive in their three-stall barn with a tack room, tons of storage and the original round pen and arena simply waiting to be assembled. Water rights for pasture irrigation are included with the property. Simply relax on the deck, walk to the nearby hot springs, cross-country ski and hike from your door! Oh ,and never forget those giant trout just waiting to be caught in the local lakes and creeks... Outdoor recreation is nearly limitless as are summer events and activities. Furnishings and the tractor used to maintain the private road are included.
MlsNumber:	--
ListingId:	240710

Listing Provided By:	Coldwell Banker Mammoth, original listing
Phone:	(760) 709-1447
Office Phone:	(760) 934-2562
Agent Name:	Suzanne Baker
Disclaimer:	Copyright © 2024 Mammoth Lakes Board of REALTORS ®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Local Mortgage Pro

Sarah Smith (Fabian Test Account)

Better Homes and Gardens Real Estate - Nicholson Group

Cell: (241) 555-1812

Contact Me

USHUD.com on the Go!

Foreclosure Mobile App

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.

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.

HudExchange.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

HudExchange.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -