Under contract-accepting backup offers. *** $150, 000 PRICE REDUCTION!*** Luxury home, Lake Views, lakefront, Big Sand Lake, Sand Lake, dock, boat lift, Custom home, open floor plan, high ceilings, guard gated community, Orlando, Dr. Phillips, Sand Lake Road, Skiable Lake, Bay Hill, Arnold Palmer Golf Course. Welcome to your custom-built four-bedroom, five-bathroom lakefront home. Nestled within the established guard-gated community of Estates at Phillips Landing, this exquisite 4, 840 square foot home offers a perfect blend of luxury and tranquility all on one story. As you step through your front patio into a lush Zen Garden, you're immediately enveloped in the serene atmosphere of this home. Panoramic views of Big Sand Lake captivate from every angle, providing a picturesque backdrop for daily living. The sitting room welcomes you with porcelain tile flooring and enchanting vistas of the Orlando Eye on the distant skyline, while the primary suite greets you with stunning lake views. Unwind in the luxurious bathroom, complete with a fireplace, dual vanities, soak-in tub, oversized shower, and walk-in closet with ample space. Adjacent to the primary suite lies your private home office, featuring built-in shelving and its own separate entry door leading out to a sitting patio. All three additional bedrooms offer ensuite bathrooms and spacious walk-in closets. The formal dining room and living room provide the perfect setting for hosting guests, with the family room featuring its own fireplace. Convenient access to the large and open kitchen featuring stainless steel appliances and an island with a cooktop allows you to take in the views and entertain guests as you cook. The newly renovated separate entertainment room features soaring ceilings and even more captivating water views. Step out to your outdoor oasis, featuring a large screened-in pool and spa with an oversized water fountain, custom cedar wood pergola, spacious yard with fruit trees, newly added travertine flooring, and cedar-lined tongue and groove ceiling. The private 50 ft long dock, equipped with a covered boat lift, offers the perfect spot to enjoy scenic sunrises or the lit-up skyline over Big Sand Lake, with over 1000 acres to explore. Additional features include a water filtration system, softener, and 3-car climate-controlled garage with Tesla charging station hook up capabilities, workstation, and exercise area with quality flooring. The community features a playground, tennis & basketball courts, and a community dock. Perfectly situated just minutes from Restaurant Row, International Drive, Disney Springs, top-rated golf courses, and major highways. RENOVATIONS AND UPDATES BY YEAR: 2024: Roof sealed and painted, Refinished, retiled pool, added travertine on lanai and front porch, Garage laminated floor and new garage cabinets, New stovetop and oven in the kitchen. 2023: New pool pumps plus filter, Zen garden Landscaping, new lighting, New Office exterior door and windows, 3 new hurricane awnings, New large AC, New lighting throughout the house plus new landscape lighting, All new dock lights, 2 working lifts, painted refinished planks of dock. 2021: New small AC. 2019: New water filtration and softening system, New tile flooring to 3 rooms, 2 bathrooms remodeled, 2 closets updated, Interior and exterior re-painted. 2018: Lanai re-screened. 2010: Lanai remodeled, roof extended, new pavers, new pillars.
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Our Executive Mortgage Banker:
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$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
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 | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,621 | $1,621 | $1,621 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,415 | $11,269 | $15,453 |
Total Monthly Payment | $13,161 | $13,015 | $17,199 |
* 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.