Welcome to Grand Cypress on Lake Tarpon, Palm Harbor’s best kept secret! This perfectly situated property in a quiet gated neighborhood has so much to offer! Casual elegance is the best way to describe this 4 bedroom, 3 bath home, which was built in 2014 and features a 3 car garage, a huge bonus room, a gorgeous pool and fabulous paver patio and lanai! Curb appeal abounds as you approach, and once the front door opens you are transported into a warm and welcoming atmosphere with volume ceilings, ceramic tile flooring, and an open concept floor plan. The family room offers a serene view of the pool and backyard, creating a seamless flow between indoor and outdoor living. In addition, the family room is open to the kitchen, breakfast nook and dining room. The elegant cook’s kitchen is a work of art with tons of gorgeous wood cabinets, stainless appliances, endless granite counters, a spacious pantry and gas cooking! Enjoy casual meals at the breakfast bar or in the cozy nook, while the dining room with its elegant tray ceiling, provides a perfect setting for formal gatherings. After a long day, retreat to the spacious owner’s bedroom suite for some downtime. The master suite is a private oasis, boasting a tranquil view of the pool, a massive walk-in closet with custom organizers, and an ensuite bathroom with a large shower, double sinks, a separate water closet, and a linen closet. The home's triple-split plan ensures privacy for all, with two additional bedrooms with their baths just steps away. The fourth bedroom, with French doors, can also serve as an ideal office. Upstairs, a spacious bonus/media room awaits, complete with a walk-in closet and a 3D projector, screen, and built-in wall and ceiling speakers—perfect for movie nights or entertaining guests. Laundry day is a breeze in the interior laundry room with a gas dryer, washer, and hookups for a laundry sink, and leads to a three-car garage equipped with a Tesla EV charging station, overhead storage racks, and plenty of additional storage. Step outside to your private backyard retreat, where a freeform pool with a waterfall feature, sun shelf with water fountain, and a large screened lanai provide the ultimate space for relaxation and entertaining. The covered seating area offers a comfortable spot to unwind and enjoy Florida's beautiful weather. Additional features include USB outlets in the kitchen and bonus room, crown molding throughout the downstairs, energy-efficient windows, a new A/C in the bonus room, sprinkler system on a well, and a newer gas water heater. The home's heating system is also natural gas. Outdoor enthusiasts will enjoy the community boat ramp with access to scenic Lake Tarpon, with over 2, 500 acres for boating, fishing and water recreation! If you are looking for very comfortable living in a secure community, close to world-class golf, shopping, fine dining, houses of worship, renowned Gulf beaches, downtown Tarpon Springs and Palm Harbor, parks, sports venues and just 40 minutes from two major airports, this exceptional property offers the perfect blend of luxury, convenience, and lifestyle. Don’t miss this rare opportunity to make it yours!
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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 | $799,920 | $799,920 | $799,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.864% | 6.725% |
Monthly Tax Payment | $577 | $577 | $577 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,122 | $5,188 | $6,968 |
Total Monthly Payment | $5,791 | $5,857 | $7,637 |
* 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.