Under contract-accepting backup offers. Welcome to your serene custom estate, offering unobstructed water views at every turn, situated on the shores of Lake Olivia within the gated community of Weatherstone. Just minutes from downtown Windermere and Orlando's premier attractions, this property combines luxury and convenience. As you approach, a circular paver driveway and stunning Florida landscaping set the stage for elegance. Recent enhancements, including fresh paint inside and out and new landscaping in both the front and back, elevate the home's appeal. The open formal space invites you in with sweeping lake views through a wall of glass doors. A unique expansive wing features a spacious primary bedroom with panoramic water vistas, a private library/office, a gym/studio, a morning bar, and a meditation patio, along with an impressive dressing area complete with custom built-ins. The spa-like bathroom has been newly remodeled to include an extra-large shower with multiple body sprays and a rain shower, alongside dual custom vanities, and ample storage. The exquisite chef’s kitchen boasts a Viking gas range, double ovens, a warming drawer, an oversized island, and a custom walk-in pantry, seamlessly flowing into a generous breakfast nook and family room. Adjacent to the kitchen, a custom butler's pantry features two wine refrigerators and cabinetry. Recent upgrades include a new refrigerator, dishwasher, and microwave, as well as two new garbage disposals. For entertaining, the first-floor movie theater with Dolby Atmos surround sound featuring 13 speakers and a 4K projector with a 130” screen. While the waterfront billiards room, complete with a full bath and bar are great for family game nights. Additionally, another ensuite bedroom on the first floor offers a full bath and large closet. The home's new outdoor kitchen, new gas fire pit, and outdoor sound system enhance your outdoor entertaining experience. Upstairs, you will find three more ensuite bedrooms, each with private baths and balconies overlooking the picturesque water or landscaped grounds. The home is replete with abundant storage and numerous designer upgrades, including coffered ceilings, crown molding, and custom window coverings throughout. The breathtaking lanai area features a full summer kitchen, an infinity-edge pool, and extensive covered entertaining spaces, perfect for year-round enjoyment. The pool and spa have been refinished with a new surface and coping, complemented by a new saltwater system with automatic app control. The expansive backyard, adorned with mature landscaping and 100 feet of private frontage on Lake Olivia, creates an ideal setting for boating, fishing, paddle boarding, and more, with a new Trex dock equipped with a boat lift and two jet ski lifts. Additional features include a dog run with artificial turf for easy cleanup, three new tankless water heaters, new washer and dryer, closet organizers throughout the house. The garage boasts a new epoxy floor and two new garage door openers. A mosquito misting system covers the entire house and backyard, ensuring your outdoor space remains enjoyable year-round.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,900
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 | $2,396,720 | $2,396,720 | $2,396,720 |
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 | $2,086 | $2,086 | $2,086 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,545 | $15,346 | $21,043 |
Total Monthly Payment | $17,756 | $17,557 | $23,254 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.