Welcome to this stunningly remodeled 1956 waterfront home in College Park, perfectly positioned on Lake Fairview. This property beautifully combines modern luxury with the tranquility of lakeside living. As you step inside, abundant natural light fills the space through large windows, offering captivating views of the water. The open floor plan creates a seamless flow between living areas, enhancing the sense of spaciousness.
With four bedrooms and three bathrooms, there's plenty of room for family and guests. The master suite is a serene retreat, featuring a private ensuite bathroom, walk in closet and French doors that lead to the backyard overlooking the lake. The second bedroom is situated at the front of the home, while the third can double as a home office with charming double barn doors opening to the main living space. The fourth bedroom, a converted garage, includes ample storage and its own ensuite bathroom.
Throughout the home, you'll find luxury vinyl flooring and a brand-new roof installed in 2023. The kitchen has been thoughtfully renovated with stainless steel appliances, elegant stone countertops, a spacious island, a combination wine and coffee bar, and abundant storage.
One of the standout features is the fully enclosed Florida room, where you can enjoy panoramic water views year-round—perfect for sipping your morning coffee or entertaining guests.
Outside, discover a boathouse, a 10'x25' dock with a lift, and a 10'x20' floating dock for easy access to the lake. A newly constructed 10'x12' shed, complete with a 4'x12' deck and floor-to-ceiling windows, offers stunning sunset views and can easily be transformed into an office, she shed, or man cave. Lake Fairview is a skiable lake - so bring your boat and water toys!
Set on a large lot, this property provides ample space for outdoor entertaining and recreation. Whether hosting gatherings or enjoying quiet moments by the water, you’ll appreciate the privacy and serenity this home offers. For extra peace of mind: while this home is waterfront, the water has never reached the house during any of the storms over the last few years. With nearly 2, 700 square feet of meticulously designed living space, this is truly a waterfront retreat in College Park. Don’t miss the opportunity to experience lakefront living at its finest!
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William Raveis Mortgage, LLC
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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 | $735,200 | $735,200 | $735,200 |
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 | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $834 | $834 | $834 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,768 | $4,708 | $6,455 |
Total Monthly Payment | $5,694 | $5,634 | $7,381 |
* 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.