Under contract-accepting backup offers. Discover the perfect location to BUILD YOUR DREAM HOME at LAKEWOOD RANCHES - THE EXCLUSIVE EQUESTRIAN COMMUNITY that encompasses 775 (+/-) acres, and 149 private homesites. You will embrace nature and elegance on this stunning HIGH & DRY 5. 29-acre CORNER LOT, surrounded by beautiful nature, wildlife, and impressive million-dollar homes. The seller is also offering the adjacent lot for sale and together they combine to more than 10 acres. Make your offer to purchase both! While ZONED FOR HORSES with trails in the community, you will also experience a wonoderful blend of privacy and outdoor living with room for your barn, other outbuildings, storage for your outdoor toys, and other recreational pursuits, while enjoying a prime location close to all that Central Florida has to offer. Just a short distance from downtown Mt. Dora, Sorrento, Eustis, Tavares, Umatilla, you'll have access to unique shopping, exceptional dining, and the breathtaking beauty of The Harris Chain of Lakes. Located in Eastern Lake County, bordered by SR44, CR437, and Lake Seneca Rd with convenient access to the 429, you'll be within reach of all the attractions and amenities of Orlando and its surroundings. Don't miss this exclusive opportunity to claim your slice of paradise and bring your dream home to life.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$435,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $348,000 | $348,000 | $348,000 |
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 | $2,345 | $2,313 | $2,935 |
Total Monthly Payment | $2,420 | $2,388 | $3,010 |
* 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.