Your Own Private Lake Front Oasis with Guest House! This beautifully renovated lake home is perfectly situated on over 7 acres with 80 feet of waterfront, offering stunning views and its very own guest house. The main house is designed for year-round luxury living, featuring an open floor plan, freshly painted interiors, a lush kitchen with high wall cabinetry, stainless steel appliances, quartz countertops, and a custom wet bar. Relax by the living room fireplace while taking in the breathtaking lake views. The main floor boasts a primary suite with a gorgeous new bathroom, including a perfectly sized tiled shower, stylish wood vanity, exquisite herringbone tile floor, and a walk-in closet. Additionally, the main floor includes two more rooms and a laundry room. The finished basement includes a large guest room, full bath, and a private office or workout room. The spacious basement opens up into a versatile spacious area, perfect for entertainment, workouts, or an in-law suite, with plenty of storage throughout. Step outside to the large pool area, featuring a saltwater pool surrounded by finished concrete and landscaping, providing ample options for relaxation, including an outdoor shower. Enjoy the fire pit by the water, or sit under the gazebo and gaze at the lake. Boating enthusiasts will appreciate the covered boat dock and electric boat lift. The property also includes a fully functioning guest house, adding up to a combined total of 8. 06 acres. This generously sized 640 sq ft apartment delights in a beautiful lake view, an open floor plan with an eat-in kitchen, den area, spacious bedroom with a large closet, full bathroom, laundry hookup, and a large Trex deck that is covered and cooled with two fans. The guest house, with its own address and electrical supply, is perfect for family or as a rental income opportunity. Parking is never an issue with the main home’s private drive and 2-car garage, plus the guest house’s additional garage below, built to accommodate a large boat, multiple cars, and lake toys. This property has is absolutely unique – it's a MUST SEE. Schedule a tour TODAY. . . . It won't last long! TMS 6879-641-221, 6879-666-204, 6879-654-189, 6879-627-178
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $267 | $267 | $267 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,390 |
Total Monthly Payment | $4,719 | $4,607 | $5,749 |
* 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.