Under contract-accepting backup offers. Welcome to the “White House” of the Lake Morton Historic District! This Neoclassical-style home was originally constructed in 1921 and has since served as a notable property in the area, due in great part to its remarkable architecture and stately presence. Approximately 8 years ago, it was not only completely restored and renovated to exceed modern day standards for construction and convenience, but was also expanded and truly reimagined to offer a luxurious and elevated experience for both entertaining and day-to-day life. No detail was overlooked in the thoughtful and intentional updates made to finishes, fixtures, features and the floor plan, as nearly every aspect of the home was updated and re-apportioned, with the exception of the charming sun room and foyer. Decorative touches such as brick pavers, hardwood flooring and stained glass serve as subtle nods to the past, while the incredible chef’s kitchen and spacious family room meet the needs of present day. Custom cabinetry, high-end appliances, marble countertops, a large island and a separate wet bar with supplemental wine and beverage coolers, are just a few of the countless upgrades housed in the kitchen alone! French doors lead to the amazing covered porch, providing ample outdoor seating and even a retractable television. An open patio surrounded by lush landscaping offers additional private al-fresco space, with a storage shed that includes another hidden television, as well. There are three bedrooms in this home, the first of which is located downstairs with its own bathroom and built-in shelving, making it a wonderful flex space to suit your needs for guests, office, or den. There is also a convenient powder room for guests on the first floor. Upstairs the primary suite was designed to provide flexibility and function, with a spacious dual-access walk-in closet, and an impressive en-suite bathroom with a large shower, dual sinks and even a laundry closet. The en-suite is attached to the full guest bathroom, affording the creative option for use as a second primary bathroom. There is also a lovely third bedroom and a loft area that leads to the balcony on the second story. Boasting views of downtown Lakeland from the second story balcony, and of Lake Morton from the wraparound porch, here you will not only appreciate a convenient in-town location, but you can fully immerse yourself in the best of Lakeland living as you privately enjoy many beloved local landmarks from the comfort of your home. Imagine all that you could share with your loved ones – sunsets while admiring the famous Royal swans on the water, Mayfaire brunches in the Spring, quick strolls to your favorite local attractions, and even annual fireworks to celebrate Independence Day from a home believed to have been inspired by the White House itself. Lifestyle and luxury paired with charm and convenience - words alone simply cannot capture the many breathtaking and one-of-a-kind features of this property, as it is truly unmatched in all aspects, and unlike anything else in this area! Lake Morton's treasured "White House" has a rich past and story to tell, and it is now ready for you to write its next chapter in Lakeland history.
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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 | $719,200 | $719,200 | $719,200 |
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 | $493 | $493 | $493 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,665 | $4,605 | $6,315 |
Total Monthly Payment | $5,250 | $5,190 | $6,900 |
* 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.