Welcome to this stunning pool home in the highly sought-after Bay Lake Ranch community, where you’ll enjoy the ultimate in privacy and freedom with NO HOA and NO CDD on 4. 85 acres of land. Recent updates in 2020 include a resurfaced pool, well pump, and a beautifully updated kitchen featuring stainless steel appliances and wood-like tile flooring throughout the main living areas and the primary bedroom. In 2024, the home’s exterior and pool deck received fresh paint, and the roof and AC was replaced in 2018.
Relax on the covered lanai or by the pool, surrounded by mature landscaping that adds to the home’s sense of seclusion. The backyard offers plenty of space for your outdoor needs, including a 32’x48’ pole barn with 14-foot clearance and dedicated 100-amp service, perfect for storing RVs, boats, or your favorite toys. With nearly 2 acres high and dry, and the remaining acres wetlands, two chicken coops, and a charming "She Shed, " the possibilities are endless.
Nature lovers will appreciate the proximity to Lake Lizzie Preserve, offering over 1, 000 acres of wilderness with 11 miles of hiking trails, 9 miles of equestrian trails, and opportunities for picnicking, wildlife viewing, and primitive camping. Bay Lake Ranch is also known for its annual Halloween hayride trick-or-treat, fun for the whole family. Conveniently located near major roadways, schools, shopping, dining, hospitals, and Central Florida’s top attractions, including the beaches, this property is the perfect place to call home. Don’t miss out on this exceptional opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $246 | $246 | $246 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,973 |
Total Monthly Payment | $4,197 | $4,193 | $5,311 |
* 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.