Home for Sale at 4200 Friendly Hope Road, Jonesboro, AR 72404

4200 Friendly Hope Road
Jonesboro, AR 72404

« Prev

Property Details

List Price:	$3,000,000
Beds:	6
Baths:	9
Status:	Active
SqFt:	10935
Agency:	Century 21 Wright-Pace

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	15 acre(s)
Property Type:	Residential
Year Built:	--
Notes:	Once in a lifetime opportunity! There is nothing like this on the market and there may never be again. Incredible, sprawling 15-acre estate with 6 bedrooms, 6 bathrooms and 3 half bathrooms minutes from World-Class Duck Hunting. Just under 11,000 sqft between the Main House, Guest House and Pool House designed by Nelson Design Group/Michael Nelson Designs and built by Marty Hesch Construction. Inside the Main House, vaulting 18 ft ceilings, featuring around a quarter-of-a-million-dollars in incredible woodwork. The barreled ceiling is lined with reclaimed wood from a 150-year-old North Carolina barn. The beams are hand-hewn Douglas fir, held together with mortice and tenon pegs. The Tennessee Fieldstone anchors the massive living room fireplace and the entryway. The Master Bedroom faces east so you can wake up to morning sunrises with a view of the pool and fully landscaped backyard. The large Master Bedroom includes an en-suite bath and his and hers closets. Every Guest Room is uniquely appointed with an en-suite bath and walk-in closets as well. Entertain as many guests as you want in over 2,300 sqft of covered outdoor entertaining space. In the upstairs guest wing, sits the Media Room with a 133-inch screen, digital projector with all fiber cables and 7.2 Dolby Surround Sound. Throughout the massive home are 3.5 kitchens, one of them is a swim-up kitchen and bar designed by Brewer Pools of Memphis. Enjoy your own private deck that leads to the 36 foot deep pond, fully stocked and located on about an acre. The attached guest house has a full kitchen with Miele built-in espresso machine, 2 bedrooms and a full bath as well as it's own living room space. The Pool House is complete with full bar, lounge, catering room, full bath and sauna. The barn is nearly 4,200 sqft and is used as an event venue, hosting wedding receptions and parties. It pairs perfectly with the guest house, which can be used for out of town guests or as a space for a wedding party to dress and relax before the big day! The pool house is rented for meetings and parties as well, bringing income opportunities for the buyer who dreams of their own wedding and party venue! 3-4 acres on the front of the property could even be divided into lots for future homes. The ROI opportunities are limitless with this one!
MlsNumber:	10113791

Listing Provided By:	Century 21 Wright-Pace, original listing
Name:	Century 21 Wright-Pace
Phone:	(870) 933-0026
Office Name:	Century 21 Portfolio
Office Phone:	(870) 933-0026
Agent Name:	Angela Dickson
Disclaimer:	Copyright Â© 2024 Northeast Arkansas Board of Realtors. 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

- 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 -