Presenting an exceptional lakefront retreat on a sprawling 5-acre peninsula, this distinguished property embodies refined elegance and tranquility. Along the shores of Crescent Lake in Umatilla, celebrated for its clear spring-fed waters, this estate offers a picturesque backdrop and a lifestyle of unparalleled serenity. Umatilla, renowned for its serene ambiance and vibrant community spirit, provides a tranquil escape from city life while offering convenient access to nearby amenities and recreational opportunities. Whether exploring verdant parks, indulging in local cuisine at charming cafes, or partaking in community events, residents of this idyllic locale enjoy a harmonious blend of tranquility and convenience. Beyond mere accommodation, this property features two distinct residences, including a desired mother-in-law suite. The private driveway, lined with moss-draped majestic oak trees, creates a grand entrance to this estate. The main house, boasting a livable layout full of southern charm across two stories spanning 3, 024 square feet, exudes a blend of sophistication and comfort. Gorgeous millwork, including hardwood floors, multi-piece crown molding, custom built-ins and wainscoting trimmed walls are found throughout. The formal dining room is generously sized to accommodate the largest of dining tables and a butlers door pass through into the gourmet kitchen that will please the most discerning of home chefs, it is anchored by a large center island equipped with sleek modern conveniences which are tempered by the farmhouse feel of the custom cabinetry and a huge walk-in pantry providing additional storage for all your kitchen necessities. Additional features such as a convenient laundry chute, central vacuum system, a jack and jill-style wet bar, wood-burning fireplace, all enhance daily living. The guest house offers an additional 1, 175 square feet of living space, providing ample room for guests or extended family members. Both residences are adorned with inviting wrap-around porches that seamlessly blend indoor and outdoor living, enveloped by lush greenery that ensures utmost privacy and seclusion, a sanctuary from the demands of modern living. Embrace panoramic views of Crescent Lake from every angle, where the tranquil waters become an integral part of daily life. The dock, equipped with power and fresh water supply and featuring an additional kayak, paddle board and boat storage, invites residents to enjoy water activities effortlessly. Imagine awakening to the melodious chorus of birdsong and the gentle ripple of waves against the shore, savoring morning coffee on the porch swing as the sun illuminates the horizon, an experience steeped in tranquility and natural beauty. Architecturally distinguished, the residences are graced by a resilient Galvalume portico roof, esteemed for its durability and minimal upkeep. This prestigious material not only enhances the homes' aesthetic appeal but also ensures exceptional longevity and weather resistance, providing enduring peace of mind. Its stately design adds an air of sophistication and grandeur, reflecting an unwavering commitment to exquisite craftsmanship and timeless design.
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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 | $1,199,920 | $1,199,920 | $1,199,920 |
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% | 6.851% | 6.790% |
Monthly Tax Payment | $505 | $505 | $505 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,683 | $7,783 | $10,535 |
Total Monthly Payment | $8,312 | $8,412 | $11,164 |
* 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.