Your Storybook Home on Lake Eustis awaits. This beautifully renovated and painstakingly restored 1927 Tudor Revival, with unique, 'weeping mortar' brick exterior, is nestled on a prime half acre corner lot, and comes with over 160 feet of water frontage with direct access to Lake Eustis via a new 30 foot dock. With over 2, 600 square feet of living space, this home features a beautifully remodeled kitchen with custom green craftsman cabinetry and quartz countertops, farmhouse sink, custom tile work and range hood, and new premium stainless steel appliances with a commercial grade 36-inch range. The original wood floors have been professionally refinished and stained a rich dark brown, complimenting the freshly painted bright interior. Off the kitchen is the dining room and enclosed porch with huge floor to ceiling windows offering expansive views of the lake, and to the left is the living room with original ceiling beams, 2 fandeliers, a custom tiled fireplace between two original stained glass windows and a massive new window overlooking Lake Eustis. Through the foyer and upstairs are 3 large bedrooms and 2 bathrooms refreshed with custom tile work, refinished cast iron tubs, new cabinetry and fixtures; and there is a half bathroom just off the foyer. There is also a large cellar basement accessible from the kitchen or outside bulkhead door. Above the detached garage is a 300+/- square foot in-law suite refreshed with a new kitchenette and mini fridge, updated bathroom and mini-split. Recent major updates include whole house electrical rewire with new panel, switches, outlets, lights and fans throughout, new septic system and drain field, whole house plumbing repipe with new fixtures and connections, all new double pane windows throughout, 2 new HVAC systems, new roof, new rain gutters, new oversized concrete driveway, path and deck, new landscaping throughout and a newly rebuilt dock. Over $300K invested to restore this one of a kind property, while preserving its historic character and charm. Priced well below recently appraised value. Call your agent and schedule a showing today!
Eustis is a charming small town located next to Mount Dora in Lake County, about 35 miles northwest of Orlando. Known for its historic downtown area, Eustis boasts a picturesque setting with tree-lined streets, quaint shops, and local eateries. The city is situated on the shores of Lake Eustis, offering residents and visitors opportunities for outdoor activities like boating and fishing. With its rich history, friendly community, and scenic beauty, Eustis provides a peaceful retreat while still being close to the amenities of larger cities.
Lake Eustis is a scenic freshwater lake known for its tranquil beauty and recreational opportunities. It is part of the Harris Chain of Lakes, a group of interconnected lakes that form a vital aquatic system in central Florida. The Harris Chain includes several lakes, such as Lake Harris, Lake Dora, and Lake Griffin, all connected by natural waterways. Together, these lakes offer a diverse range of activities, including boating, fishing, and wildlife viewing. The Chain of Lakes is renowned for its rich ecosystems and is a popular destination for both locals and visitors seeking outdoor enjoyment and serene landscapes.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $489 | $489 | $489 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,146 |
Total Monthly Payment | $5,121 | $5,063 | $6,727 |
* 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.