Under contract-accepting backup offers. Short Sale. This expansive five-bedroom, four-bath residence offers over 3,600 square feet of living space and is ideally located in a highly desirable area. While the property possesses tremendous potential and offers generous room sizes with a versatile floor plan, it is in need of substantial renovations and major capital improvements.
Several significant items require attention, including the replacement of a new roof, replacement of the driveway, and repair of a leak in the swimming pool. In addition, the kitchen and all bathrooms require complete renovation and modernization. Due to the scope of work needed, the property is best suited for a buyer or investor prepared to undertake an extensive renovation project.
Properties of this size and location are becoming increasingly difficult to find, making this a unique opportunity to create significant value. With the proper investment and vision, this residence can be transformed into an exceptional home in a sought-after neighborhood.
Because of the extensive repairs and upgrades required, the current condition of the property significantly impacts its market value and marketability. Any valuation should take into consideration the substantial costs associated with bringing the property to modern standards and addressing the deferred maintenance and repairs.
This property represents a blank canvas for a buyer seeking to customize a large residence or for an investor looking to complete their dream home....