6589 Banyan DRIVE, Indian Lake Estates, FL, 33855 | $485,000

RARE OPPORTUNITY IN INDIAN LAKE ESTATES! Homes on a canal lot and with an open view of Lake Walk In Water don't come on the market very often! You will enjoy amazing unobstructed views of Lake Walk In Water and experience the most glorious sunsets! This beauty features an open floor plan with lots of living space! As you enter this home, you are going to be wowed by the luxurious feel it provides. The combined family room and dining room is spacious and provides an outstanding space for entertaining friends and family. This room leads out to the Florida room that features plantation shutters and more space to spread out! The Florida room opens out to the back yard that has a pavered walkway to the outstanding boat dock that comes complete with electric and lift. The stylish kitchen is a cook's delight! There is loads of counterspace and cabinetry and stainless steel appliances. The master bedroom is HUGE with a walk-in closet, private ensuite and a phenomenal view of the lake. The guest bedroom has a view of the canal out back and the guest bathroom is a showcase! Other notable features of this gorgeous home include metal roofs on both the home and boathouse, covered front porch, whole house hurricane shutters, plantation shutters, beautiful crown molding, designer look fixtures, storage shed and covered parking. When you are not enjoying this beautiful home, Lake Walk In Water is just a 10-minute boat ride away where you can enjoy boating and fishing and magnificent sunsets while sitting on the longest freshwater pier in Florida! Located about 20 miles east of Lake Wales, the community surrounds the 7, 500 acre lake locally known as Lake Walk In Water, considered to be one of the best fishing lakes in Florida. The community has a beach, boat ramp, boat marina and pavilion. The pavilion comes complete with propane grills & covered picnic tables. Amenities include an 18 & 9-hole golf course, basketball & tennis courts, playground, 23, 000 sq. ft. clubhouse, cafe, post office, churches, library, fitness room & pro shop. If you love nature & the peace and quiet of the country, you're in luck. Deer, raccoon, turkey, turtles, eagles, cranes & various species of birds abound! Orlando & Disney is about an hour's drive north & Tampa, Busch Gardens & the Gulf's pristine beaches a little over an hour west. Historic Bok Tower, a National Landmark, is in nearby Lake Wales & the Westgate River Ranch Resort and Rodeo is just six miles away, an authentic Florida dude ranch and full-service resort offering guests the opportunity to experience "Old Florida. " Don't let this one get away!

Features

  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 145 x 150
  • Laundry: Inside
  • Style: Florida
  • Year Built: 1985
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,970
  • Acreage: 0.5
  • Lot Size: 145 x 150
  • Est. Taxes: $1,464
  • HOA Fee: $376 Annually
  • View: Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: T3525688
  • Days on Market: 154 days
  • Website: https://www.raveis.com
    /prop/T3525688/6589banyandrive_indianlakeestates_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 11/23/2024 2:47:07 PM)
Listing courtesy of SIGNATURE REALTY ASSOCIATES   Phone: 813-689-3115

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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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6589 Banyan DRIVE, Indian Lake Estates, FL, 33855

$485,000

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 $388,000 $388,000 $388,000
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 $122 $122 $122
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,581 $2,579 $3,327
Total Monthly Payment $2,778 $2,776 $3,524

* 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.