One or more photo(s) has been virtually staged. This custom, gated estate on private spring-fed Lake Marsha offers an unparalleled living experience on nearly an acre of pristine Florida nature, elevated nearly an acre on the sought-after cove side of the lake. Tucked away on a quiet cul-de-sac in the highly desirable Dr. Phillips neighborhood and nearby Sand Lake’s Restaurant Row, the home is surrounded by majestic oak trees, illuminated verandas, and a large circular driveway. Designed with luxury and entertaining in mind, the home features high-end finishes throughout, including custom maple cabinetry, crown molding, plantation shutters, and real hardwood maple floors. The gourmet kitchen, with granite countertops and high-end appliances, flows seamlessly into a hearth room with a gas fireplace and stunning lake views, creating the perfect space for gatherings. The primary suite boasts floor-to-ceiling glass doors leading to a private covered veranda, a spa-like bath with an oversized jetted tub, Kohler fixtures, a travertine walk-in shower, a 12x12 custom walk-in closet with a laundry suite and stackable washer/dryer, and a coffee nook. The first level includes three spacious bedrooms, a full bath, and a living room with a built-in library and formal dining room with a granite wet bar, both offering breathtaking lake views. Outdoor living is elevated with a lighted dock, boat and jet ski lifts, a private concrete boat ramp, and a paver patio, complete with a propane line for an outdoor grill. Additional features include an oversized garage with a concrete ramp to the lake, an underground safe room/weather shelter, and lush landscaping irrigated by the lake. Recent updates include sod and exterior paint replaced in 2023, zoned A/C, tankless water heater, a 50-year metal barrel tile roof, and extensive soffit lighting. With no HOA, no city taxes, and the lower tax base of unincorporated Orange County, this estate combines tranquility, luxury, and convenience—just minutes from Whole Foods, Trader Joe’s, Universal Studios, and the Mall of Millenia. Don’t miss the chance to experience this private oasis—schedule your exclusive showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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 | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $445 | $445 | $445 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,891 | $8,078 |
Total Monthly Payment | $6,537 | $6,461 | $8,648 |
* 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.