Discover the perfect blend of privacy and potential with this stunning, newly remodeled lake front, pool home. It's a 3- bedroom, 2. 5- bathroom, located on the serene shores of Lake Jem in beautiful Mount Dora, FL with a double lot!. This property also comes with a 22x110 lake lot on Lake Horse shoe just a short walk across the street which is part of the Harris Chain of Lakes. The opportunities here are endless with this property. The survey shows an already divided double lot. Lot 12 and 13, which allows you the option of building an additional home 70% the size of the current residence or you can do a lot deviation and build a second home with it own address for the growing family or a great investment opportunity
As you enter, the open floor plan immediately welcomes you with breathtaking views of private Lake Jem, framed by triple slides and large picture windows. The heart of this home is designed for entertaining, featuring a spacious kitchen with an oversized island overlooking the family room, as well as the sprawling patio and pool deck that wraps the massive swimming pool. The master suite offers peaceful escape with its private patio, walk-in closet, and luxurious ensuite, complete with double- headed shower. Additionally, the home features a large laundry room with convenient pool bath access. This property is truly a rare find, offering both private lakeside living and chain of lakes access! Don't miss out on this unique property.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $663,999 | $663,999 | $663,999 |
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 | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $504 | $504 | $504 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,307 | $4,252 | $5,830 |
Total Monthly Payment | $4,903 | $4,848 | $6,426 |
* 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.