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Under contract-accepting backup offers. DR. PHILLIPS LAKEFRONT ELEGANCE AT ITS FINEST h
Embrace the essence of luxury at this 3-story lakefront estate located in the most desired area of all Orlando, the prominent Dr. Phillips. This 4198 sf, 5/5 home has all the bells and whistles. The gated development of Toscana/Lakeside includes a fitness center, pool & clubhouse & is one of the most private & conveniently located communities in Dr. Phillips. This home had a significant makeover & the additions have put this one top of its class. As you enter, you are immersed into a 20'H foyer w/a chandelier ceiling feature. On the first floor, a fifth bedroom was recently added to the home w/new floors, French doors, built-in murphy bed & hidden murphy door/wall shelf allowing access to the kitchen. In addition, next to the 5th bedroom, the guest bathroom was renovated into a 5th full bath w/a stunning porcelain & slate subway tile shower. Continuing the 1st floor you pass the porcelain tiled elevator giving easy access to all 3 floors, not to mention the entire downstairs has new flooring. Concluding the 1st floor, you will be left breathless as you enter the open floor concept where formal dining, a masterclass kitchen & spacious great room combine seamlessly w/an unobstructed view of Spring Lake & the phenomenal backyard living space. The kitchen was brilliantly upgraded w/a slate subway tile backsplash, new light fixtures & features an oversized 6' x 10' quartz island w/newly added cabinetry, Thermador gas stove, stainless steel appliances & plenty of cabinet space. The outdoor living space has a summer kitchen w/ Paradise Grill appliances, 2 outdoor tv's, infinity pool & jacuzzi, plus tier leveled entertaining spaces. The entire home was upgraded w/a sound system. It's simply remarkable! Making your way up the hardwood staircase you will notice a stone feature wall. The 2nd floor has 3 en-suite bedrooms, all w/bathrooms & the 2nd bedroom having a charming balcony. The first of two laundry rooms can be found on the 2nd floor, both suited w/sinks & storage cabinets. On the lakeside of the 2nd floor, a large bonus/game room overlooks the entire lake & has slider doors out to an oversized covered balcony where you will spend many nights watching the Disney fireworks. The bonus/game room includes a wet bar w/cabinetry & makes for another impressive entertaining space. The 3rd floor is the cherry on top! As you make your way up, your landing is a common sitting area w/a wet bar & as you walk by your second laundry room, a large formal office/gym w/built-in cabinets & balcony lies towards the NE side of the home. Finishing off the 3rd floor is a master bedroom/bathroom like no other. The mere size & length of the entire space is awe-inspiring. The colossal bathroom is full of exquisite finishes including all new flooring, a free-standing tub and an extraordinary walk-in shower. The spacious bedroom features a phenomenal oversized his/her closet combo w/ glamorous California closets, reading nook looking out to the lake, plus a balcony to enjoy the fireworks & romance only Florida can offer. Finally, each floor has storage rooms plus ceiling storage in the garage. Enjoy all the conveniences to the Dr. Phillips lifestyle, plus just minutes away from top-rated schools, Restaurant Row, the Arnold Palmer golf course, Butler Chain of Lakes, and all of the Disney, Universal and SeaWorld theme parks. It is no surprise why owning a piece of paradise in Toscana/Lakeside is truly extraordinary.
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Our Executive Mortgage Banker:
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$1,599,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 7.082% |
Monthly Tax Payment | $1,756 | $1,756 | $1,756 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,618 | $8,403 | $11,409 |
Total Monthly Payment | $10,499 | $10,284 | $13,290 |
* 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.