Home for Sale at 9110 Chalk Hill Road, Healdsburg, CA 95448

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9110 Chalk Hill Road
Healdsburg, CA 95448

Richard Frank with Sterling California Properties, original listing - (707) 523-4300

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Property Details

List Price:	$7,900,000
Beds:	6
Baths:	Full: 5, ½: 1
Status:	Active
SqFt:	4755 Square Feet
Agency:	Sterling California Properties
Agency Phone:	(707) 523-4300

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Description/Comments

Lot Size:	106 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2023
Notes:	Don't miss this special piece of Sonoma County terrain! You enter the property over a small bridge that wanders over a creek bed. Just around the corner, past a separate 6 acre parcel of land, you come upon an enchanted pond enhanced by boat and swimming docks. The pond is bordered by mature trees and augmented by a fenced garden with fruit trees. The owner has added a new trailer unit so that camp outs can be thoroughly enjoyed. Next, wind your way up the hill to the recently built modern farmhouse constructed by Christopherson Builders in 2023. Upon entering, you are impressed by high ceilings and huge windows. You simply cannot escape the panoramic views from every window. The Mayacamas, Mt. St. Helena, surrounding valleys with many vineyards and wineries, forested slopes and the azure skies are all part of the vista. The main house contains an abundance of amenities, 4 Bedrooms, 3.5 Baths, 3600SF +/-, a stunning great room, and a generous 1200+/- SF 4 car garage. The ADU has 2 Bedroom, 2 Bath, 1150 SF, with its own impressive views and made extra cozy with a fireplace, built above a property enhancing 1222+/- SF 3-6 car garage/shop. The 2 Lots are a 100 +/- acre lot with improvements, plus 6 +/- acre buildable lot (Buyer to Verify). This property is truly Spectacular!
MlsNumber:	--
ListingId:	324032764

Listing Provided By:	Sterling California Properties, original listing
Phone:	(707) 322-8849
Office Phone:	(707) 523-4300
Agent Name:	Richard Frank
Disclaimer:	Copyright © 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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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.

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