Home for Sale at 112 Mill Point, Kitty Hawk, NC 27949

112 Mill Point
Kitty Hawk, NC 27949

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Property Details

List Price:	$3,500,000
Beds:	4
Baths:	5
Status:	Active
SqFt:	5020
Agency:	RE/MAX Surfside

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	--
Notes:	"Truly 'One of a kind', opportunities like this do not come around often. Absolutely one of the most sought-after pieces of property on the entire Outer Banks. Welcome to coastal living at its finest! Nestled in the charming, gated community of Martins Point, 112 Mill Point offers a serene retreat with breathtaking views and privacy. This meticulously maintained property boasts the perfect blend of modern comforts and classic Outer Banks charm. Step inside to discover a spacious and inviting interior flooded with natural light, highlighted by flawless black walnut hardwood floors and coastal-inspired dÃ©cor. The open concept living area is perfect for entertaining, with a cozy fireplace providing warmth on cool evenings. The gourmet kitchen features top-of-the-line stainless steel appliances, top-shelf granite countertops, and ample cabinet space, making meal prep a breeze while the expansive water moves in the background. Relax and unwind in the luxurious master suite, overlooking the tranquil waters of the sound. Additional bedrooms offer plenty of space for family and guests, while the expansive deck provides the ideal spot for enjoying morning coffee or evening cocktails while taking in the panoramic views of the sunset over the water. Outside, the meticulously landscaped grounds offer a peaceful oasis, with lush foliage and mature trees providing privacy. Take a dip in the custom sparkling swimming pool or soak up the sun on the spacious patio, perfect for summertime barbecues and gatherings with loved ones. Located just minutes from the beach, this property offers easy access to a wealth of outdoor activities, including fishing, boating, and watersports. Explore the quaint shops and restaurants of downtown Kitty Hawk or take a short drive to nearby attractions such as the Wright Brothers National Memorial and Jockey's Ridge State Park. Don't miss your chance to own a piece of paradise on the Outer Banks. Schedule your showing of 112 Mill Point today and start living the coastal lifestyle you've always dreamed of!"
MlsNumber:	125991

Listing Provided By:	RE/MAX Surfside, original listing
Name:	RE/MAX Surfside
Phone:	(252) 207-0305
Office Name:	Surfside Realty
Office Phone:	(252) 599-2300
Agent Name:	Timothy Lancsek
Disclaimer:	Copyright Â© 2024 Outer Banks Association of Realtors Â®. 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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