Gorgeous lakefront estate home. Enjoy the quiet countryside, just minutes to all the conveniences of Winter Haven. This 5, 000+ sq foot, one of a kind home sits on approx. 2. 9+/- acres with 198 feet of lakefront on Lake Fannie. The lakefront has been cleared to have a beautiful, unobstructed view of the lake. The landscape has been updated to include A large number of fruit bearing trees and plants, you can harvest tropical fruits year round. The large 5 bedroom 5 ½ bath home has been updated from top to bottom. Just off the open entry sits a dining area that easily fits a table for 10+. A spacious living area features a wood burning fireplace with custom build in cabinets and shelving. The large and open kitchen has a walk in pantry, lots of storage and a wrap around bar for entertaining. Enjoy breakfast overlooking the lake in the large breakfast nook adjacent the kitchen. A sitting room, office, full bath that leads to the back patio/pool, and master suite with fireplace complete the first floor of this home. The master suite features a large walk in double shower, spa tub, water closet, and 2 separate walk in closets. The breakfast nook, living area, pool bath and master suite all open to the back covered patio with screened, heated, salt water pool. Take in the sunsets from the pool or back patio. The second floor features 4 bedrooms, 2 with private ensuites, and 2 that share a Jack and Jill bath. Lots of storage on this floor with multiple walk in closets. The third floor is an open viewing area with 360 degree views of the surroundings, this room makes for a great play room, hobby/craft room, library, etc. At the entrance of the property you will find a 2 Bedroom 1. 5 Bath guest home that was recently completely renovated. The home is 784 sf and would bet the perfect Mother-in Law suite, guest house or groundskeepers residence. The back yard features many oaks that provide shade and a cool place to sit and enjoy the lake views. The 100 foot boat dock provides a convenient place to park the boat or watch the sunset. Conveniently located near Hwy 27 providing easy access to I-4 with access to both Tampa and Orlando. Located in unincorporated Polk County, no city taxes and ordinances. Horses allowed and the property doesn't have any HOA fees or restrictions, The HOA exists solely because the community jointly owns a vacant lot. Private and secluded lot, main residence can't be seen from the road.
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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 | $1,199,999 | $1,199,999 | $1,199,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $761 | $761 | $761 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,783 | $10,453 |
Total Monthly Payment | $8,570 | $8,669 | $11,339 |
* 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.