PRICE REDUCTION - over $25, 000! This spacious, bright, and exceptionally maintained lake home sits on THREE PARK-LIKE LOTS with over 240 feet of gorgeous water views. Sip your morning cup of coffee from almost any room in the home while enjoying the tropical birds at play on one of the two islands on Ibis Lake. This view provides constant visual entertainment and the sounds of many species of tropical Florida birds.
At just under 2700 square feet, this home boasts 3 bedrooms, 2. 5 bathrooms, an office, two living areas, a very spacious kitchen, and storage galore! Make sure to check out the three-car garage with a whole wall of storage cabinets. The kitchen has been updated with newer appliances, cabinetry which includes pullout drawers in the lower cabinets, a spacious island, and an open feel to the family room. It is truly a chef’s delight. One of the guest bedrooms contains a Murphy bed leaving extra space to use as an additional office or crafting room. Just off the kitchen is a "breakfast" nook and a built-in bar.
The pool and deck area has the best lake views of the home. These original owners spared no expense to build a BIG saltwater pool to swim laps and included an underground - built-in cover system. A pool deck shower and pool bathroom add to the luxuries of true Florida living!
Four heating and cooling zones can be controlled manually to provide specific comfort and help reduce those monthly utility costs. Hurricane season? This home has you covered! The tile roof was replaced in the fall of 2022, the home has hurricane shutters, and it is also equipped with a “whole home” generator and a buried natural gas tank that will provide instant energy after a big storm.
The Burnt Store Lakes Community is located just a "hop, skip, and jump" to Burnt Store Marina where you can golf, boat, dine, and attend a plethora of community functions. Yes, Burnt Store Lakes, along with Burnt Store Marina are "golf cart friendly" communities. Ditch the car (and the gas) and take your electric golf cart to the club for dinner!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $535,600 | $535,600 | $535,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $604 | $604 | $604 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,563 | $3,519 | $4,517 |
Total Monthly Payment | $4,259 | $4,215 | $5,213 |
* 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.