Home for Sale at 66500 State Highway 69, Westcliffe, CO 81252

66500 State Highway 69
Westcliffe, CO 81252

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Property Details

List Price:	$5,750,000
Beds:	5
Baths:	7
Status:	Pending
SqFt:	13568
Agency:	First Colorado Land Office Inc

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Description/Comments

Lot Size:	71 acre(s)
Property Type:	Residential
Year Built:	2006
Notes:	A luxury ranch that is a perfect balance of maximum comfort & top of the line design. "5 Star Ranch" is a 5 bed, 7 bath Timber Frame home on 71+ acres. Tucked away from view near Westcliffe, CO, it offers a peaceful, glamorous retreat. Every corner of this estate is meticulously designed for timeless elegance. The elaborate entrance caters to arrival with a grand covered arch. A glass door rolls open to the foyer showcasing a wall of Verde Fuoco granite. Stepping into the living area is astonishing to observe the Free of Heart Timber, blocked construction. The timber was brought to site from Northern BC & is irreplaceable inventory for such a massive project. The floors are covered with Turkish Travertine tile adding a warm & durable base for the entire living area. Kitchen cabinets are pillowed burr Poplar with the countertops a mix of granites. The Primary Suite wraps around to the en suite with his/her closets & toilets, a spa shower & soaking tub, & fine finishes - floor to ceiling. Downstairs doubles the square footage with efficient space including an office, a fitness room, a separate bath with shower, & the mechanical closet. A 4 bedroom guest house with separate living room & kitchen is attached to the main home through a private hallway; & a rustic cabin built from logs found on the land is perched amongst the rock outcroppings. A complete property for exclusive use & additional accommodations. The exterior & grounds of the ranch compete for excellence with the exquisite interior. Steel was used for the roof along with gutters that capture water to store in underground tanks. This irrigates the landscapes around the yard. All of the windows are commercial grade & were fabricated on-site in the large metal shop. To enhance the privacy & vastness of this Colorado home, there is a transferable 490+ acre State Land Lease adjacent to the deeded acreage. All of this plus more detail & luxury is available for a private showing by appointment.
MlsNumber:	9768830

Listing Provided By:	First Colorado Land Office Inc, original listing
Name:	First Colorado Land Office Inc
Phone:	(719) 539-6682
Office Name:	First Colorado Land Office, Inc.
Office Phone:	(719) 539-6682
Agent Name:	Jeff Post
Disclaimer:	Copyright Â© 2024 ROCC/REcolorado. 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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