DIRECT WATERFTONT INTRACOASTAL ACCESS PRIVATE ESTATE. . . . . welcome to the epitome of coastal luxury living in one of the most sought after locations in New Smyrna Beach. . . S. RIVERSIDE DRIVE!! This expansive home has absolutely everything you have been looking for. Located on one of the highest points on S. Riverside Drive, on almost a half acre, including the 70x200 parcel with the boat dock. This exceptional parcel goes through to Magnolia Street where you will find a 3 car garage and a large driveway with plenty of extra parking for RV's, or any other toys! This homes open floor plan is perfect for grand indoor entertaining or intimate family living. Featuring a stunning wall of windows with Plantation shutters through out the entire home, for a light airy ambience and sweeping views of the Intracoastal. Watch yachts cruise by from the impressive living room with tall ceilings and a natural gas fireplace. Entertain guests and family in the large formal dining room, showcasing the incredible elevation of this property overlooking the river. Wondering about the kitchen? Chef's, look no more. This gourmet kitchen is equipped with top-of-the-line appliances and for those who love cooking with gas. . . fire it up! Rounding out this stunning kitchen is custom cabinetry and gleaming countertops. And don't forget the wet-bar with wine fridge, sink and the separate ice maker for that perfect cocktail! The spacious primary suite on the far side of the home is a true retreat, complete with custom built in closets, stunning bathroom with standalone tub and luxurious his and hers sinks. The additional ensuite bedroom has lots of natural light and a large walk-in closet. This home also features a separate in-law suite, complete with a full bathroom and kitchenette, nestled within the pool courtyard, offering privacy with a private entrance for guests or extended family members. Indulge in the beautifully landscaped grounds, with a sparkling salt-water pool. . . . embrace the tropical lifestyle with al fresco dining in your covered and secluded lanai. . . right off the pool. Close enough to hear the fountains cascading into the pool. The pool deck extends to the glass fireplace for those cooler NSB evenings. Got a boat?! Wander over to the dock and take that boat cruising or fishing on the Intracoastal! The dock has electric and water with lighting. Look across the water and you will see the New Smyrna Beach Yacht Club and just a short 2 minute ride to all the culinary delights and many cultural events as well as numerous art shows, car shows and our legendary parades. . . delicious restaurants, darling boutiques and fishing stores either on our historic downtown Canal Street or beachside Flagler Avenue. Plenty of room in the 3 car garage for a golf cart. . . also additional parking for boating guests on the driveway on S. Riverside Drive. This prime location offers luxury waterfront living and represents the pinnacle of craftsmanship. . . . just imagine sitting on the swing under the shade tree or just the jaw dropping views from the front porch. Do not miss this incredible property in an exceptional location. . . . New Smyrna Beach.
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$2,195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,756,000 | $1,756,000 | $1,756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $674 | $674 | $674 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,244 | $11,389 | $15,297 |
Total Monthly Payment | $12,043 | $12,188 | $16,096 |
* 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.