Seize the Dream: Build Your Waterfront DREAM HOUSE in Exclusive Black Bear Reserve. This is your chance to turn your dreams into reality with this rare oversized basement lot-large enough for situating your dream home with either a hillside location with a walkout basement or a slab with a single or double story closer to and over looking the lake. Nestled within the pristine beauty of a golf course community in the highly sought-after Lake County, FL, lies a captivating opportunity to create your very own haven. Black Bear Reserveāa place where country living harmoniously meets luxurious amenities. Location, Location, Location: Situated in the heart of Lake County, this gem offers the best of both worlds. Immerse yourself in the tranquility of this serene neighborhood while being just a stone's throw away from a plethora of attractions. Within an hour's drive, you can have your toes in the sands of Daytona, Ormond, or New Smyrna Beach. A 30-mile journey will take you to the vibrant heart of Orlando, where the magic of Walt Disney World and other renowned theme parks awaits. Meanwhile, downtown Eustis beckons with its waterfront dining, boutique shopping, and entertainment, boasting one of the last bandshells in the entire state. Picturesque Mount Dora is a mere 15-minute drive away. Black Bear Reserve isn't just any community; it's a masterpiece designed by P. B. Dye. For golf enthusiasts, it's an opportunity to indulge in your passion every day. The Bear's Den restaurant, conveniently located onsite, serves up breakfast, lunch, and dinner, ensuring you're well-fed before or after a round of golf. Memberships are available, so you can elevate your golfing experience to new heights. Playground, Tennis/Pickleball court and community dock adds value to this already amazing community. Peace of Mind, Even by the Water- concerned about flood insurance? Rest easy knowing that it's not a requirement from lenders, as verified by FEMA documents available for your peace of mind as well as a survey.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$224,900
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 | $179,920 | $179,920 | $179,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,212 | $1,196 | $1,517 |
Total Monthly Payment | $1,287 | $1,271 | $1,592 |
* 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.