Welcome to your slice of paradise on the shores of the magnificent King Lake! This breathtaking 12-acre waterfront parcel is not just land; it's the canvas for your dreams, the palette for your imagination, and the cornerstone for your future legacy.
Imagine waking up to the gentle lapping of the lake against your private shoreline, the golden hues of dawn shimmering across the water, and the promise of endless possibilities stretching out before you. This is more than just real estate; it's a lifestyle, a sanctuary, and an investment in your happiness.
Nestled within the coveted Connected City, near prestigious communities such as Epperson Ranch, Mirada, and Watergrass, this exceptional property offers unparalleled convenience paired with unrivaled beauty. With the recently announced Johns Hopkins All Children's Hospital just a stone's throw away, you'll have peace of mind knowing that world-class healthcare is within easy reach.
But it's not just about location; it's about potential. With approximately 3. 83 usable acres awaiting your creative vision, this parcel is a developer's dream. Whether you envision combining this property with two adjacent properties of approximately 36 acres for an upscale estate residential enclave or an upscale townhome complex, the possibilities are as limitless as the horizon.
As you explore the gently sloping terrain, descending gracefully towards the shimmering waters of King Lake, you'll feel a sense of serenity wash over you. And with county-maintained roads ensuring easy access to Interstate ramps and nearby amenities, you'll enjoy the best of both worlds: seclusion and convenience, tranquility and connectivity.
It's important to note that while existing structures will be removed by the sellers, the inground pool will remain as a testament to the boundless potential of this remarkable property. And while we encourage you to let your imagination run wild, we also advise due diligence, consulting with civil engineers to ensure that your vision aligns with zoning regulations and practical considerations.
In summary, this 12-acre lakefront parcel is more than just a piece of land; it's an opportunity to build the life you've always dreamed of. So seize the moment, seize the potential, and make this slice of paradise your own. The possibilities are as endless as the horizon, and the future is waiting for you. Welcome home.
County maintained road. As always, buyers and buyer's agents are not to rely on listing agent or seller representations about usable acreage estimates or changing to MPUD zoning, but utilize a civil engineer. Seller will remove both mobile homes and shed prior to closing
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Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,708 | $7,726 |
Total Monthly Payment | $5,760 | $5,833 | $7,851 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.