Welcome to one of the most spectacular views of Arnold Palmer’s Bay Hill Championship Golf Course, available for the first time in 25 years. This gorgeous, custom-built home is situated on the fairway of the 11th hole, overlooking water and expansive views of several lush fairways and greens. Drive up the oversized paved circular driveway and enter through the custom leaded glass front doors to be welcomed by breathtaking, elevated views of this renowned PGA Tour Championship golf course. From the lanai and pool patio, the strategic north/south setting provides picturesque, indirect sunset hues across several holes of the course to the colorful tree canopy beyond. Beautifully maintained and built to last, this 1-story custom home offers great utility, space, and size with 4 bedrooms, 3-full, & 2-half baths, & over 3, 400 Sq Ft in this charming, traditional property. Rich solid oak floors, site finished, are throughout the foyer, hallways, Dining Room, & Kitchen, with wainscoting and wood handrails. Multiple layered crown moldings, solid wood doors, recessed lighting, 'knockdown' 10' - 12' ceilings throughout, multiple closet spaces, an oversized Living room & Family Rooms with Berber carpet, wood-burning fireplace with marble hearth, mantle, bookcases, transoms, and more! A wonderful place to gather, the spacious Kitchen with Breakfast Room, Bay Window, a huge Island with cooktop, barstool space, granite counters, gorgeous antique-finished French, light tone cabinetry, all appliances including convection oven, appliance garage, large pantry, double sink, and more! The Primary suite is impressively large and includes 11' ceilings, an office/reading room extension, transoms, and spectacular views overlooking the golf course with French doors leading to a covered lanai and pool deck. The en-suite primary bath feels like a serene spa with independent dual custom vanities with useful built-ins, travertine flooring, jetted tub, stained-glass window, & an enormous walk-in with closet system! Spacious guest bedrooms duo feature a Jack and Jill bath, plus an en-suite with a newly tiled full bath. A 38-foot covered lanai includes a walk-in wet bar, private half bath, outdoor shower, three sets of French doors, 11-foot ceilings, a 36-foot screened pool, four planter beds, and more! An incredible 29-foot oversized, side entry 2-car garage, PLUS a separate rear access golf cart garage and multiple pegboard walls. Ideal for entertaining, especially for fans of great golf, and a short golf cart drive to the Bay Hill Club & Lodge, Marina, tennis & pickleball courts. A-rated Dr. Phillips schools, Sand Lake Road restaurants & more - Enjoy this wonderful Bay Hill home & the Lifestyle that comes with it!
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Our Executive Mortgage Banker:
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$2,125,000
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 | $1,700,000 | $1,700,000 | $1,700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $723 | $723 | $723 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,885 | $11,026 | $14,926 |
Total Monthly Payment | $11,733 | $11,874 | $15,774 |
* 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.