A Chance to Create Value on 1.39 Acres

3 hours ago

Opportunity truly knocks with this three-bedroom, one-bath home set on a generous 1.39-acre parcel, offering a rare chance for the right buyer to bring vision, creativity, and effort to unlock its full potential. This property is ideal for those who understand the value of “sweat equity” and are eager to transform a solid foundation into a personalized home or long-term asset. With ample land, a functional layout, and a desirable initiative designed to prioritize owner-occupant and nonprofit buyers, this offering stands out as a meaningful opportunity in today’s market.

At its core, this home represents possibility. Featuring three bedrooms and one full bathroom, the layout provides a practical starting point for a variety of living arrangements. Whether you envision a primary residence, a multigenerational living space, or a thoughtfully updated home tailored to your personal style, the existing structure offers the essential framework needed to begin. With the right improvements and updates, this home has the potential to evolve into a comfortable, functional, and welcoming living space.

The interior layout allows for flexibility and reimagination. The bedrooms offer the chance to create restful retreats, guest rooms, or even a home office or hobby space. The single bathroom can be modernized to meet contemporary standards, while common living areas present an opportunity to open up spaces, enhance natural light, and improve flow. Buyers with a vision for renovation will appreciate the ability to customize finishes, layouts, and features to suit their individual needs and tastes.

One of the most compelling aspects of this property is the expansive 1.39-acre lot. This generous amount of land provides a sense of space and privacy that is increasingly difficult to find. The acreage opens the door to countless possibilities, from outdoor living areas and gardens to recreational spaces or future additions. Whether you dream of a large backyard for entertaining, space for children or pets to play, or a quiet outdoor retreat surrounded by nature, the land itself adds significant value and versatility.

The setting encourages creativity beyond the walls of the home. With thoughtful planning, the property could accommodate outdoor seating areas, fire pits, walking paths, or even small-scale hobby gardening. The acreage allows you to enjoy the benefits of space without the constraints of a tightly packed neighborhood, offering a sense of freedom and connection to the outdoors that many buyers seek.

This home is particularly appealing to buyers who are motivated to invest time and effort into improvements. Sweat equity remains one of the most powerful tools for building long-term value in real estate, and this property offers the perfect canvas for that approach. By completing renovations and updates over time, buyers can potentially increase both the functionality and market value of the home while creating a space that truly reflects their lifestyle.

In addition to its physical attributes, this property is subject to the Freddie Mac First Look Initiative, an important factor that sets it apart and creates a unique opportunity for certain buyers. Under this initiative, the first 20 days of the listing are reserved exclusively for owner-occupant buyers and nonprofit organizations. This program is designed to promote homeownership and stabilize communities by giving individuals and nonprofits a priority window before investor offers are considered.

For buyers who plan to live in the home as their primary residence, the First Look Initiative offers a meaningful advantage. During this initial period, owner-occupants are able to submit offers without competing against investors, which can significantly improve the chances of securing the property. This is especially valuable in markets where entry-level or value-driven homes often attract strong investor interest.

Nonprofit buyers also benefit from this initiative, as it supports organizations focused on community development, affordable housing, and neighborhood revitalization. By prioritizing these buyers, the program helps ensure that homes like this one can be restored and occupied by those who are invested in the long-term well-being of the area.

It is important for prospective buyers to note that investor offers will only be reviewed after the First Look period has concluded. In this case, the First Look period ends on 01/11/2026. After that date, investor offers may be considered. This timeline provides clarity and transparency, allowing buyers to plan accordingly and understand where they stand in the process.

From a broader perspective, this property represents more than just a house—it is an opportunity to participate in the renewal and improvement of an existing home. For buyers who value character, potential, and the satisfaction of transformation, this home offers a rewarding project. Renovating a property like this allows you to preserve what works, improve what doesn’t, and ultimately create a space that feels both personal and purposeful.

The combination of a three-bedroom layout, a sizable lot, and a program that prioritizes owner-occupants makes this property particularly appealing to first-time buyers, buyers looking to downsize with land, or those seeking a more rural or semi-rural lifestyle with room to grow. It also appeals to buyers who understand that value is often created, not just purchased, and who are willing to invest effort in exchange for long-term benefits.

This home’s potential extends beyond immediate use. With thoughtful upgrades and maintenance, it could become a strong long-term asset, offering stability and pride of ownership. Improvements made today can pay dividends in the future, whether through increased comfort, enhanced functionality, or improved resale value.

In today’s market, opportunities like this—where land, structure, and buyer-friendly initiatives intersect—are increasingly rare. This property invites you to look beyond its current condition and focus on what it can become. It is a chance to take an existing home and make it your own, shaping it to fit your needs while building equity along the way.

In summary, this three-bedroom, one-bath home on 1.39 acres offers a compelling blend of space, potential, and opportunity. With room to grow both inside and out, and with the advantage of the Freddie Mac First Look Initiative favoring owner-occupant and nonprofit buyers during the initial listing period, this property stands as an excellent option for those ready to roll up their sleeves and invest in their future. If you are seeking a home where vision and effort can truly make a difference, this may be the opportunity you have been waiting for.