Nestled in the heart of Green Cove Springs, this stunning pool home offers beautiful river views and a blend of rich history and modern luxury. Built in 1947 and fully renovated, the estate spans 1. 27 acres and features a spacious main (river) home of 4, 175 SF consisting of all block construction. The property's lineage traces back to one of the founding families of Green Cove Springs, enriching its cultural significance. The main house boasts three bedrooms and three bathrooms with an optional fourth bedroom, each designed with meticulous attention to detail. Features such as coffered ceilings, a very large kitchen ideal for entertaining, and expansive bedrooms highlight the home's craftsmanship. Adjacent to the swimming pool is the separate 1500 sf guest (pool) house, providing an additional three bedrooms and one bathroom. This offers a private and serene living space for guests or serves perfectly for a multi-generational family setup, air BNB or bed and breakfast scenario. Outside, the estate continues to impress with a beautifully manicured and private yard, securely fenced. The parcel spans from St. Johns Ave. to Magnolia Ave with entry from both streets. The history of the property was the location of the St. Elmo's hotel originally built in 1886 and In the 1920s, the Green Cove Springs Hotel was repurposed and transformed into a different type of establishment, reflecting the changing needs and economic conditions of the area. Over the years, the property has undergone various renovations and changes in use, adapting to the evolving community and local economy. The property's history as a hotel and subsequent transformation into a private residence highlights its adaptive reuse and significance within the local heritage
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$1,850,000
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 | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.876% | 6.830% |
Monthly Tax Payment | $508 | $508 | $508 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,477 | $9,599 | $12,994 |
Total Monthly Payment | $10,110 | $10,232 | $13,627 |
* 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.