8854 Oakwood DRIVE, Lake Wales, FL, 33898 | $410,990

Welcome to this 4-bedroom, 3-bathroom home, where modern comfort meets natural beauty. The primary suite offers a cozy retreat with its own fireplace. Entertain guests in the spacious living room and dining room, or enjoy the outdoors on either of the two covered lanais. This property boasts a split garage, generator, and lightning rods for added safety and convenience. Additional features include a shed, ample space for a boat or RV, a garden, and a variety of fruit trees, all within a fully fenced yard. The large bonus room provides flexibility for your lifestyle needs, while the kitchen shines with stainless steel appliances. Situated on a generous 1-acre lot, this home offers water access through the community boat ramp, perfect for boating, fishing, or skiing on the serene lake. Enjoy the exclusivity of a private fishing pier and the thrill of sailboat water. Lake dues are required to maintain these exceptional amenities. Embrace the best of both worlds – luxurious living and outdoor adventure – all on one acre!

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Laundry Room
  • Style: Ranch
  • Year Built: 1976
  • Garage: 2-car Boat, Garage Faces Rear, Garage Faces Side, Guest, Parking Pad, Split Garage
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,886
  • Acreage: 1
  • Est. Taxes: $2,385
  • View: Water
  • Elem. School: Spook Hill Elem
  • Middle School: Frostproof Middle Se
  • High School: Frostproof Middle - Senior High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • MLS#: L4945554
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/L4945554/8854oakwooddrive_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 10/1/2024 8:48:58 PM)
Listing courtesy of LA ROSA REALTY PRESTIGE   Phone: 863-940-4850

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8854 Oakwood DRIVE, Lake Wales, FL, 33898

$410,990

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 $328,792 $328,792 $328,792
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.439% 6.273% 5.268%
Monthly Tax Payment $199 $199 $199
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,051 $1,998 $1,367,227
Total Monthly Payment $2,325 $2,272 $1,367,501

* 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.