120 Stallion LANE, Lake Wales, FL, 33898 | $180,000

Discover the epitome of luxury RV living in this meticulously designed lot nestled within the serene Community of River Ranch RV Resort. Mature trees provide natural shade, creating a tranquil ambiance for outdoor relaxation.
This stunning phase 2 property features a paver patio with seating area, Full-size shed on site for storage, Custom outdoor bar complete with barstools, Seating area equipped with a 55" TV, and Retractable awning for added comfort. Easy to back in for RV parking! Property is currently in Resorts Rental Program with upcoming Bookings! Let the property make you money when you aren't using it! Located directly across from the pool, Hot Tub, Restrooms, Showers, and laundry facilities. Convenient access to resort amenities including: Tennis Court, Pickleball Court, Bocce Ball, Shuffleboard
River Ranch RV Resort is Adjacent to Westgate River Ranch Resort & Rodeo, owners can enjoy an abundance of on-site eateries and activities. Lot Purchase Requires a 1x Capital Contribution Fee in the Amount of $1, 750. 00 paid to the HOA at Closing

Disclaimer: All information deemed reliable but not guaranteed. Buyer to verify all information to their satisfaction.

Features

  • Amenities: Fence Restrictions, Fitness Center, Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Lot Size: 40 x 69
  • HOA Fee: $875 Quarterly
  • Pet Policy: Cats OK, Dogs OK
  • MLS#: P4930384
  • Days on Market: 217 days
  • Website: https://www.raveis.com
    /prop/P4930384/120stallionlane_lakewales_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 12/22/2024 5:02:01 AM)
Listing courtesy of KELLER WILLIAMS REALTY SMART 1   Phone: 863-508-3000

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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120 Stallion LANE, Lake Wales, FL, 33898

$180,000

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 $144,000 $144,000 $144,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $970 $957 $1,214
Total Monthly Payment $1,045 $1,032 $1,289

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.