IDYLLIC COUNTRY ESTATE ON BANKS OF SHELL CREEK RESERVOIR - Extraordinary opportunity to own 10+ acres w/approximately 300 ft of water frontage overlooking Shell Creek. Plenty of room to add a pool or even a guest suite or other outbuildings including barn, stables, shed, detached garage to house all your toys from RVs, watercrafts to all-terrain vehicles - possibilities are endless. Enjoy the serene, "old Florida" environment surrounded by breathtaking views of Shell Creek. Property is zoned AG allowing you to have horses, livestock & chickens here, if desired. The spacious, 3000 sq ft home offers 3 bedrooms, 2. 5 baths plus a large home office/den. Interior layout includes a formal living room, formal dining room, open-concept kitchen & family room. The formal living room features a wall of French doors that open directly to the lanai extending the living space outside. Nestled off the living room are the formal dining room as well as the home office. The kitchen offers stone counters & Shaker-style, wood cabinetry w/center island. Adjacent breakfast area has French doors that overlook the water view & provide walk-out access to the lanai. Kitchen opens to the large family room that will quickly become the heart of the home. Architectural details include leaded glass & wood double door entry, tile flooring throughout the main living areas, large picture windows w/arched transoms, wood-look blinds & half bath that opens to lanai. The master suite offers walk-out access to the lanai, a view of Shell Creek, oversized walk-in closet & spa-like master bath. The master bath offers dual sinks, a jetted corner tub, glass-enclosed tile shower & private WC. Split bedroom floor plan boasts large guest rooms that are tucked away from the main living areas providing privacy & quiet. Large, laundry room doubles as a mudroom w/direct access to the garage. Other amenities include an attached, oversized 2-car garage, hurricane protection & expansive, covered lanai that looks out over the large, fenced backyard & tranquil water view. Imagine sitting on the lanai & watching the native Florida wildlife gather at the water's edge. Secluded property offers the best of both worlds: the peace & tranquility of country living meanwhile remaining close to all the local amenities including historic downtown Punta Gorda, Port Charlotte & Arcadia with quick access to I-75 & US 17.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $688,000 | $688,000 | $688,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.538% | 6.874% | 7.430% |
Monthly Tax Payment | $963 | $963 | $963 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,577 | $4,462 | $6,088 |
Total Monthly Payment | $5,632 | $5,517 | $7,143 |
* 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.