15616 Olney LANE, Spring Hill, FL, 34610 | $370,000

Welcome to this charming A-frame cabin nestled on a sprawling 4. 16-acre property, located in a vast Pigeon Racing area and home to the Gulf Coast Homing Club, the largest pigeon club in America. This enchanting retreat offers a unique blend of rustic tranquility and modern convenience, making it an ideal sanctuary for your family or a serene escape from the hustle and bustle of daily life.

As you approach this property, you'll be greeted by the sense of security and exclusivity provided by the electric gated entrance, welcoming you into your own private haven. Surrounded by fencing along its entire perimeter, the property ensures privacy and peace of mind.

At the heart of it all stands the A-frame cabin, a timeless architectural gem exuding warmth and character. While it may require some minor repairs, this home brims with potential, its classic structure inviting unique and creative interior design possibilities.

Inside the cabin, two cozy bedrooms offer the perfect retreat after outdoor adventures, complemented by two bathrooms providing modern conveniences while maintaining a rustic charm ideal for a cabin lifestyle.

Venturing outside, the expansive 4. 16 acres offer endless possibilities. Enjoy sunny days in the above-ground pool, perfect for relaxation and entertainment. An oversized workshop with partial enclosure, complete with electricity and concrete floors, caters to DIY projects or extra storage needs. A pole barn provides shelter for vehicles, equipment, or gatherings with loved ones, while RV enthusiasts will appreciate the convenient hookup for hosting guests or enjoying a mobile vacation experience on-site.

For added flexibility, a detached studio apartment with a full bath serves as an ideal space for guests, a home office, or a tranquil artist's retreat, allowing the property to adapt to your evolving needs.

Amidst the natural beauty, magnificent scattered oak trees offer shade, beauty, and a profound connection with nature. Additionally, a functioning outhouse provides a unique touch of history and convenience.

With agricultural zoning, this property opens up a world of possibilities. Whether you dream of raising chickens, horses, cows, or other livestock, the expansive land offers ample space to cultivate your agricultural interests alongside the comforts of home.

This A-frame cabin on 4. 16 acres offers more than just property; it offers a lifestyle. With the opportunity to customize and the array of features it presents, it's a canvas upon which you can paint your dreams. Whether seeking a permanent residence, vacation home, or investment opportunity, this property promises to fulfill all your desires and more. It's a place where memories are made, and dreams flourish amidst the beauty of nature and the comfort of modern amenities.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Cabin
  • Year Built: 1975
  • Garage: 6-car Assigned, Boat
  • Heating: Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 984
  • Acreage: 4.16
  • Est. Taxes: $710
  • Pool: Above Ground
  • Appliances: Dishwasher, Microwave, Range
  • MLS#: T3480831
  • Days on Market: 186 days
  • Website: https://www.raveis.com
    /prop/T3480831/15616olneylane_springhill_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 2:47:08 PM)
Listing courtesy of SOUTHERN BELLE REALTY, INC   Phone: 352-631-5592

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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15616 Olney LANE, Spring Hill, FL, 34610

$370,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $296,000 $296,000 $296,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $59 $59 $59
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,969 $1,967 $2,538
Total Monthly Payment $2,103 $2,101 $2,672

* 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.