Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Welcome to luxury living in a country setting! You’re sure to be thrilled by this custom-built 5 bedroom and 4. 5 bath home, boasting 4, 331 square feet of living space. The 4. 94 acre property’s long driveway brings you far from the street while a surrounding tree line bolsters an air of private extravagance. A pair of two-car garages flank the front entry, and beyond the glass-paned doorway you’ll find elegant tiling adorning the floor of the foyer. High, 10 foot ceilings persist through the home, heightened further by tray ceilings in many of the common areas and neatly framed with beautiful crown molding. Wood pattern tiling begins at the foot of the foyer and continues through the home as well. The living room is the spacious heart of the home, its own ceiling uniquely patterned with a series of recessed rectangles. An electric fireplace and triple-pane sliding glass door to the pool patio accentuate the already-impressive room. The neighboring kitchen is spacious and pristine with light stone countertops along the walls and atop the central island with built-in microwave. Dark subway tiling gives tasteful contrast between the counter and cabinets above. The home presents a split floor plan with each of the wings containing a separate stairway to rooms on the second floor. Two of the bedrooms share a bathroom while the third and forth each enjoy their own. The primary bedroom lies on the first floor, and is a spacious room with tray ceiling and its own sliding door to the pool patio. An abundance of storage space can be found in the generously sized walk-in closet, complete with built in shelving. The primary bathroom is of a unique quality, its walk-in u-turn style shower tiled with elegant stone shades and accompanied by convenient bench seating below a pair of shower heads. Throughout the rest of the home you’ll find an office with built-in Victorian shelving, a large bonus room, and screened in balcony space outside of the second-floor bedroom. But there’s even more to this property as you continue to the immense covered patio at the rear of the home, furnished with its own outdoor kitchen and pair of fans along the high ceiling. Paver flooring stretches toward and around the pool, all of which is enclosed within the screened pool cage. Equipped with both a conventional and solar pool heater, this outdoor space is ready for your enjoyment no matter the weather. The home’s water softener as well as gas stove and dryer are just a few of the conveniences you’ll find within this private paradise. Just off of Hwy 98 N in North Lakeland, this extravagant home remains close to the city while enjoying the blissful privacy of its 4. 94 acre lot. An adjacent 5 acre lot is vacant, and currently listed for sale as well.
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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 | $880,000 | $880,000 | $880,000 |
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 | $772 | $772 | $772 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,708 | $7,726 |
Total Monthly Payment | $6,532 | $6,605 | $8,623 |
* 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.