Magnolia Pointe Homes with Exterior Entry Basement

Magnolia Pointe Homes with Exterior Entry Basement

Welcome to Magnolia Pointe, a charming subdivision nestled in the heart of Richmond, Kentucky, within Madison County. This picturesque community is designed for those who appreciate the perfect blend of suburban tranquility and modern convenience. Magnolia Pointe is not just a neighborhood; it’s a lifestyle choice, offering a serene environment that is ideal for families, retirees, and everyone in between.

The homes in Magnolia Pointe are thoughtfully designed, featuring a variety of architectural styles that cater to diverse tastes. One standout feature of many residences here is the exterior entry basement, providing homeowners with additional living space, storage, or even the potential for a separate rental unit. This unique layout enhances the functionality of each home, making it perfect for those who value versatility and practicality.

Residents of Magnolia Pointe enjoy the peaceful ambiance of tree-lined streets, well-maintained common areas, and a strong sense of community. The subdivision is conveniently located near Richmond's vibrant downtown area, where you can explore local shops, dining, and recreational activities. Families will appreciate the proximity to top-rated schools and parks, ensuring that children have ample opportunities for play and education.

Whether you're looking to settle down in a spacious family home or seeking a cozy retreat, Magnolia Pointe offers an array of options that cater to your lifestyle. Experience the warmth and charm of this delightful neighborhood, where your dream home awaits! Come and discover why Magnolia Pointe is the perfect place to call home in Richmond, Kentucky.

Newest Magnolia Pointe Homes with Exterior Entry Basement

524 Ryan Dr, Richmond
$469,000
6 Beds ⋅ 4 Baths ⋅ 26027676 MLS
2.75% ASSUMABLE MORTGAGE with an approximate remaining balance of $333,000. The seller has been advised by their current lender that the existing mortgage is assumable, subject to lender approval and buyer qualification. Scroll to the bottom for important financing information and disclaimers. This is the one that makes you stop scrolling. Built by Payne Homes, 524 Ryan Drive brings together the space, finish and flexibility buyers keep looking for, and it's priced with one goal in mind: to sell. The first floor features hardwood flooring, an open kitchen and living area, dining space, plus a separate room with French doors and a closet that can serve as a home office or first-floor bedroom. Upstairs, the primary suite features a large tiled walk-in shower, additional bedrooms and a conveniently located laundry room. Then there's the basement, and this is where the house really separates itself. The walkout lower level adds an entirely separate living area with LVP flooring, a kitchenette, full bathroom, recreation space and additional flex rooms. The sixth sleeping space is a bonus room without egress and is not officially considered a bedroom. Fresh paint, new carpet, a roof that's only a few years old, two-car garage, fenced backyard, covered patio beneath the deck and nearly one-third of an acre complete the package. There's a lot of house here, and at this price, 524 Ryan Drive was positioned to get attention quickly. FINANCING INFORMATION: To the best of the seller's current knowledge, the seller has been advised by their current lender that the existing mortgage is assumable. The current loan is believed to have an approximate remaining balance of $333,000 with an interest rate of 2.75%. Any difference between the assumable loan balance and purchase price would be the buyer's responsibility and may require cash and/or separately obtained secondary financing. Loan assumption, buyer qualification, remaining balance, interest rate, monthly payment, remaining term, assumption fees and all other loan terms are subject to verification and approval by the existing lender/servicer. Any second mortgage or secondary financing is subject to separate lender underwriting, approval and availability. Seller, listing agent and brokerage make no representations, warranties or guarantees regarding the accuracy or continued availability of the assumable loan, the buyer's ability to qualify, the lender's approval of an assumption, or the availability or terms of secondary financing. Buyer and buyer's agent are responsible for independently verifying all financing information directly with the applicable lender(s) before relying upon it.

524 Ryan Dr, Richmond

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