Experience California cool living in this contemporary ranch set on 1. 30 acres in Sterling Ridge. Effortless single-floor living awaits in this spacious home featuring a grand entry hall, formal living and dining rooms with barrel ceilings and cove lighting, and a sleek eat-in kitchen with abundant storage and new appliances. Relax by the wood fireplace in the adjacent family room with a convenient wet bar. The primary bedroom suite is a retreat with a sitting room, dual bathrooms (one with a sauna, one with a jacuzzi tub), and ample closet space. Bedrooms are generously sized with luxurious baths nearby. Upstairs, a private guest suite includes a bedroom, bathroom, bonus/playroom, and media room for added comfort and privacy. The lower level offers a private home office with new bifold doors opening to the expansive yard, and tons of unfinished space to create a home gym, playroom, or cabana or more! Outside, enjoy the natural beauty with a tennis court, scenic views, and pool. Recent updates include a new roof, 8 new skylights, new gutters, a new heating system, 4 new condensers, Lutron light switches, and refreshed landscaping, ensuring modern comfort and efficiency. Don't miss this opportunity to own a luxurious retreat in a sought-after location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $2,844 | $2,844 | $2,844 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,392 | $8,020 | $10,873 |
Total Monthly Payment | $10,361 | $10,989 | $13,842 |
* 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.