This is the opportunity you've been waiting for! Listed at $2, 800, 000 with a recent appraisal of $3, 286, 000, you're stepping into over $480, 000 in instant equity! This is more than just a homeāit's a smart investment that sets you up for future gains. Priced to sell well below market value, this is a rare find in today's competitive market. Whether you're looking for your dream home or a property with high return potential, this is your chance to secure luxury, value, and long-term equity all in one! Act fast before this incredible opportunity slips away! Seller financing is available , with a minimum of a 50% cash down payment. Seller to remain in the 1st lien position . All you need are your horses to move into this sprawling 11. 47 acres in St. Augustine. This magnificent estate offers the ultimate haven for horse enthusiasts, boasting top-notch amenities such as an 8-stall barn, well-maintained paddocks, a riding ring, round pen and more! Everything you need to indulge in the equestrian lifestyle. Step outside and discover the well-groomed paddocks, offering plenty of room for your horses to graze and roam freely. The property also includes a professionally designed riding ring. The main residence is tastefully updated with luxe finishes. Take a dip in the sparkling swimming pool on warm summer days or relax poolside, enjoying the breathtaking views of the surrounding landscape. In addition to the equestrian facilities and pool, this expansive estate features two additional homes, providing ample space for extended family, guests, or staff members. Each home offers its own unique charm and comfort. For pet owners, this estate has you covered with dedicated dog runs, ensuring that your furry companions have their own space to play and explore in a safe and secure environment. Located in a prestigious area, close to shopping, the highway, the beach and the number one schools on the state of Florida, this property is not to be missed. This equestrian estate offers privacy, tranquility, and an unparalleled opportunity to indulge in the equestrian lifestyle. Don't miss your chance to own this exceptional property and create lasting memories in this equestrian paradise. The opportunities are endless here!! The property is zoned open rural and there are endless (well almost) possibilities for you and your family or business. Additionally, the single family home can be sold as a 1 acre parcel or used as a short term rental. Please reach out for a list of special use permits available for this estate.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,300,000
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 | $2,640,000 | $2,640,000 | $2,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $657 | $657 | $657 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,904 | $17,123 | $23,179 |
Total Monthly Payment | $17,686 | $17,905 | $23,961 |
* 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.