15504 Race Track ROAD, Odessa, FL, 33556 | $1,100,000

Located in a DRY, INLAND area and not affected by Milton or Helene, providing extra peace of mind! Welcome to this charming custom-built home, uniquely designed and perfectly situated on a serene lakefront, right across from an equestrian center. Ideal for multigenerational living, this property includes a brand-new IN-LAW SUITE (~784 sf) with a private entrance, offering flexibility & convenience. No HOA! Bring the toys, equipment, boats and the in-laws too!! : )

The MAIN HOUSE (~3, 550 sf) features 3 spacious bedrooms & 3 full baths. From the moment you enter the home, you'll be captivated by the stunning lake views through the wall of windows in the expansive 4 Season Sunroom offering a versatile space for relaxation or entertainment year-round. The living room impresses with cathedral ceilings, a brick, wood-burning fireplace, and elegant wood laminate floors, providing a perfect blend of style & comfort and an expansive grand staircase leads to the second floor, adding to the home's distinctive charm. Extending off the living room is a spacious dining room area with a vaulted ceiling and also offering lake views, forming one expansive space for entertaining and everyday living. The eat-in kitchen is well-appointed with a Corian countertop, two pantries, and ample dining space. The main level also includes a nicely sized bedroom with an adjacent full bath that can also double as a home office, perfect for remote work. Make your way up the grand staircase to the primary suite providing a comfortable retreat with a sitting area, two large walk-in closets, and an ensuite bathroom featuring dual sinks, a soaking tub, and a stall shower. The newly renovated private deck off the primary suite overlooks the picturesque property and lake, offering a wonderful space to unwind and enjoy the view. The second floor also featured a spacious 3rd bedroom with its own dedicated hallway full bathroom, ensuring privacy & convenience. The NEW IN-LAW SUITE is a highlight of the home, with lake views from every room. The suite features a living room and dining area with tile floors and a wall of windows overlooking the private backyard & lake, creating a serene and inviting space. The adjacent kitchen is fully equipped with granite countertops, beautiful cabinetry, and ceramic tile flooring. Next, you’ll find a versatile space that can serve as an office and provides closet storage. The suite continues to the bedroom which boasts sliding glass doors that open to views of the lake and backyard. The beautifully finished bathroom features sleek and modern tile flooring, a stylish vanity, and a glass-enclosed shower stall with exquisite tile work. Its private entrance ensures independence for guests or family members or perfect your AIRBNB guest. There is NO HOA so BRING THE TOYS! With the oversized ATTACHED 2-car garage (20x22), a storage shed and a NEWLY constructed DETACHED (40 x 24) 2 BAY GARAGE with 9-foot doors and an interior ceiling height of approx. 12 feet, this space is ideal for storing cars, motorcycles, boats, RVs, or equipment. The property, spanning over an acre, offers plenty of room for adding a pool to enhance the landscape overlooking the lake. The home is also equipped with zoned A/C, featuring two house units that are only 6 years old and in-law suite unit is only 2 years old, ensuring comfort throughout the house. Don’t miss the chance to make this exceptional property your own. Seller is motivated!!

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Style: Colonial, Custom
  • Year Built: 1990
  • Garage: 6-car Boat, Circular Driveway, Garage Faces Side, Golf Cart Garage, Golf Cart Parking, Guest, Off Street, Other, Oversized, RV Garage, RV Parking, Split Garage, Tandem
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,336
  • Acreage: 1.35
  • Est. Taxes: $8,395
  • Lot Desc: Oversized Lot
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: U8250849
  • Days on Market: 89 days
  • Website: https://www.raveis.com
    /eprop/U8250849/15504racetrackroad_odessa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/12/2024 5:47:09 PM)
Listing courtesy of EXP Realty LLC   Phone: 888-883-8509

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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15504 Race Track ROAD, Odessa, FL, 33556

$1,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.864% 7.058%
Monthly Tax Payment $700 $700 $700
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,708 $5,708 $7,787
Total Monthly Payment $6,533 $6,533 $8,612

* 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.