This unique property "Hillcrest" is located in the upscale Glenwood area, which has a long private driveway leading to a beautifully custom-designed brick home. The high and dry dirt road, normally lined with colorful flowering Azaleas during the Spring and Summer months, leads to a paved surface while approaching the circular driveway with a well-maintained and manicured lawn. The property consists of 8. 57 acres zoned by FEMA as a "non-flood" area and is currently zoned as an RR. Aside from the main house, there are separate outbuildings for a workshop, carport, stable, pole barn, greenhouse a fenced-in horse pasture and two wells (4" and 8"). This location boasts of nature's beauty at its best!
The home has been kept in its pristine state since it was built over 50 years ago in 1972 by a renowned custom builder in the area. Newly painted and with a new shingles roof and gutters, it consists of four bedrooms, four full bathrooms two-car attached garage and a crystal clear outdoor and open large-size swimming pool. The circular cement paved driveway leads to several small brick paved steps leading to the front covered entrance and a view of a dainty water fountain on the left side of the house. The bright foyer welcomes you to the beautiful formal living and dining rooms to the right, and the gorgeous family room to the left with a wood-burning fireplace and distinctly used Pecky Cypresswood covered cathedral ceilings and walls, which was also used in the bar room. It also features double French doors between the fireplace, that open up to the covered patio. The formal dining area connects to the breakfast nook and a newly renovated kitchen with new appliances. The family room leads to the hallway that connects to the large utility room where the washer, dryer and ironing areas are located, and doubles as a hobby or sewing nook; the two good-sized bedrooms that shares a full bathroom, and the very spacious master's suite with "his and hers" full bathrooms and closets. The Master bedroom, which also has a wood-burning fireplace, opens up to a screened porch, that overlooks the open pool and very large, covered patio. The foyer also leads to the fully equipped bar room, which opens up from triple French doors to the covered patio that features an outdoor grill/cooking area and the pool. It also leads to a full bathroom and a large guest bedroom, and the attached two-car garage. The bar room features twin antique 1873 European stained glass from an old local landmark edifice. Other features for this house include two air-conditioning zones, three hot water heaters, Pella windows, well with crystal clean drinking water, septic tank and multiple skylights to brighten up the interior of the home. This property can be purchased separately, but owner would consider selling it with three other contiguous vacant lots, also high and dry, for a total of 36. 66 acres, which would conveniently have access to three thoroughfares namely: Glenwood Road on the North, Mercers Fernery Road on the West and Hazen Road on the South.
This is an awesome property with great possibilities for someone's impeccable paradise, horse ranch, a retreat house center, maybe an assisted-living facility, a subdivision development with high end homes, which can utilize the existing house once converted into a clubhouse as a venue for weddings, birthdays and other special celebrations.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $330 | $330 | $330 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,067 | $6,893 | $9,240 |
Total Monthly Payment | $7,522 | $7,348 | $9,695 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.