Home for Sale at 845 E Scenic Drive, Pass Christian, MS 39571

845 E Scenic Drive
Pass Christian, MS 39571

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Property Details

List Price:	$5,499,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	2500
Agency:	Coldwell Banker Alfonso Realty,Inc.

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Description/Comments

Lot Size:	8 acre(s)
Property Type:	Residential
Year Built:	1940
Notes:	Rare opportunity to own an exquisite 8.5-acre lot on Scenic Drive overlooking the Gulf of Mexico. Just minutes from downtown Pass Christian; putting shops, restaurants, and entertainment right at your fingertips. The accessibility to the beach, marina, and yacht club is also a convenient feature. Property includes six parcels extending from Beach Blvd to Second Street. The previous home site of a 24,000-square-foot mansion was sadly struck by lightning and caught on fire. The home unfortunately had to be demolished. This valuable land is open for new construction and multiple-home development. It's completely fenced and gated at the front and rear entrances. The expansive grounds still have two 1940s cottages that were combined to create a saddlebag cottage with the new addition of a master wing. The new section also contains a carport, garage storage, a covered walkway to the back porch, and a conveniently placed mudroom. As you enter the front of the home you are greeted by an open floor plan and a double-sided fireplace. The original wood floors were saved throughout the older section of the cottage. The kitchen has been tastefully updated with new cabinetry, quartz countertops, stainless steel appliances, and a large walk-in pantry. The three bedrooms have their own en suite bathroom and each has been creatively updated. Multiple porches lead off the bedrooms and main living spaces allowing the opportunity to enjoy the astounding views of the water as you rest or while you are entertaining. Enjoy this pleasant home and expansive grounds as is or for a temporary home while you build your personal dream home. Still remaining on the property is the inground pool and gazebo allowing for more entertaining space and a place to cool off on those warm summer days. Use this land as an investment opportunity to build multiple homes or for your private sanctuary.
MlsNumber:	4039952

Listing Provided By:	Coldwell Banker Alfonso Realty,Inc., original listing
Name:	Coldwell Banker Alfonso Realty,Inc.
Phone:	(228) 287-1000
Office Name:	Coldwell Banker Alfonso Realty-BSL
Office Phone:	(228) 467-0244
Agent Name:	Betsy J Balder
Disclaimer:	Copyright Â© 2024 MLS United. 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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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