Nestled in the coveted, gated community of Candlewood Lake Estates, this stunningly renovated cottage offers a rare combination of modern living and lake life charm. Enjoy access to private beaches, docks, and picturesque views of Candlewood Lake throughout the neighborhood. The home's open-concept main floor boasts brand-new hardwood floors throughout, adding warmth and elegance. The kitchen is a showstopper with custom quartz countertops that extend seamlessly into the backsplash, complemented by all-new stainless steel appliances. Gather around the striking fireplace in the family room, or enjoy meals in the dining area, which opens to the deck for seamless indoor-outdoor living. The fully remodeled bathroom, along with a main-level bedroom, completes the first floor. Upstairs, the flexible loft space can serve as an additional bedroom, office, or cozy retreat, bathed in natural light from the many windows. Another room on this level offers even more versatility for sleeping or working from home. Outside, the beauty of the natural surroundings shines. The cottage is set among trees and rock formations, providing privacy and serenity. A garage, patio, and deck offer plenty of outdoor spaces to enjoy the peaceful environment. This Candlewood Lake Estates gem combines luxury with lakeside living-don't miss the chance to call it home! New septic, water heater, roof, siding, see attachment for full list of upgrades!
Type | Description | Level |
---|---|---|
Bedroom 1 | Hardwood Floor | Main |
Dining Room | Beams,French Doors,Hardwood Floor | Main |
Full Bath | Remodeled | Main |
Kitchen | Remodeled,Quartz Counters,Hardwood Floor | Main |
Living Room | 9 ft+ Ceilings,Vaulted Ceiling,Balcony/Deck,Fireplace,Hardwood Floor | Main |
Office | Upper | |
Primary Bedroom | Hardwood Floor | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $250 | $250 | $250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,589 | $2,556 | $3,315 |
Total Monthly Payment | $2,914 | $2,881 | $3,640 |
* 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.