Nestled in the gated community of Estates of Lake Alice, this lakefront estate offers an exceptional blend of luxury and tranquility. Located on a quiet cul-de-sac street, the custom-built residence boasts sweeping views of Lake Taylor’s serene waters, where sunsets create stunning displays of color. The home’s design thoughtfully maximizes these scenic views, with large windows in the formal living room, kitchen, and great room providing a connection to the natural beauty outside. The lush landscaping surrounding the property adds to its charm, offering a picturesque setting for both relaxation and entertaining.
Step outside to the backyard, complete with a pool, heated spa, and an outdoor summer kitchen equipped with a gas grill and prep area—perfect for alfresco dining and hosting. The kitchen inside the home features granite countertops, double ovens, and stainless-steel appliances, making it a perfect space for cooking and gathering. Adjacent to the kitchen, a cozy breakfast nook allows for casual dining with a view of the pool.
The first-floor primary suite offers a private retreat, featuring large walk-in closets and a bathroom with spa-like amenities. Upstairs, a spacious bonus room opens to a wide balcony overlooking the peaceful lake, offering additional space for relaxation or entertaining. With four bedrooms, three and a half bathrooms, and a dedicated office, this home provides ample room for family and guests.
Additional upgrades include a new roof, freshly painted exterior, three new air conditioning units, and modernized windows and doors—all completed in 2023. The property also includes a well-equipped dock with a boat lift, ensuring easy access to Lake Taylor for boating and water activities. This estate presents a rare opportunity to experience lakefront living at its finest, combining elegance, comfort, and the beauty of nature.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,560,000
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 | $1,248,000 | $1,248,000 | $1,248,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $724 | $724 | $724 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,684 | $10,531 |
Total Monthly Payment | $8,533 | $8,533 | $11,380 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.