Property Description

Short Sale. 3-CAR GARAGE | PENDING SHORT SALE APPROVAL | PRICED BELOW APPRAISAL. The bank responded to the prior contract figures and I increased the price to $307,000 to get this through the approval process. The HOA Dues are $6625 vs $8000 so that saves the buyer some costs and the buyer would still need to be responsible to pay them off in addition to the estoppel cost. -- Opportunity knocks in the guard-gated, resort-style community of Bellalago! This spacious split floor plan offers 3 bedrooms, 3 full baths (2 en-suite), a bonus room ideal for an office or den, and a rare 3-car garage, with no direct neighbors in front or behind and peaceful pond views from the screened patio. Interior features include cherry cabinets, granite countertops, and crown molding throughout, with a layout well-suited for guests or multi-generational living. The price reflects needed updates, including an aging roof with visible water damage primarily in the office and a few other areas, older flooring damage in the primary bedroom, and a patio that needs some TLC—making this a strong candidate for an FHA 203(k) loan and a great opportunity to build instant equity. Similar homes in the community have sold around $500,000. Bellalago offers direct Lake Toho access with a private boat ramp, restaurant, water features, fitness centers, playgrounds, and 24-hour security for a true resort lifestyle. Ask your agent for additional interior photos showing work needed. Any financing would need to be a renovation type loan due to roof leaking - she cannot replace prior to closing.