Exceptional Waterfront Estate in Candlewood Shores w/ 115 ft frontage, renovated Main House & Guest House (completed 2024) showcases the ultimate in Lake Front Living on Candlewood Lake. This gated property, surrounded by stone walls, paths, patios, gardens & terraces is in the middle of it all, yet exudes extreme privacy & serenity. A lakefront oasis, the main house hosts main level living w/vaulted great room, floor to ceiling stone fireplace & hardwood floors plus an adjacent dining room w/slate floors. Expansive picture windows capture the western exposed, views & dramatic sunsets. The adjacent, updated kitchen offers an island bar, Subzero and induction cooking. It opens to the dining room which leads through sliders to the stone terrace for dining indoors to out. Two main level bedrooms with full bath & an additional bedroom & bath in the lower level, allow privacy for family & guests, alike. The expansive family room w/wood floors, 2nd fireplace, wet bar & lots of built-in cabinets, is ideal for entertaining. A 100 ft sand beach w/scenic vignettes allow you to enjoy summer in full glory. A few steps lead to your private dock & all encompassing lake views! The guest house hosts a grand vaulted bedroom w/fully enclosed glass bath, beadboard ceiling & private balcony. A gourmet kitchen with quartz counters leads to a covered Trex deck. Gym w/coffered ceiling & gathering room, 2 car garage, putting green on sod lawn, basketball court and more! A True Lakefront Oasis! Community water cost approximately $100 per quarter. Please contact Candlewood Shores Board for questions regarding community water supply! Tax District charge is tax deductible. Main house and Guest House have separate new septic systems. 1-1250 gallon tank and the other a 1000 gallon tank. Guest House with Steam Shower. Perennial Gardens
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Bay/Bow Window,Ceiling Fan,Hardwood Floor | 11.9 x 13.3 | Main |
Bedroom 2 | Full Bath,Slate Floor | 10.0 x 12.8 | Lower |
Bedroom 3 | Vaulted Ceiling,Balcony/Deck,Bedroom Suite,Full Bath,Hardwood Floor | 17.1 x 21.8 | Upper |
Dining Room | Sliders,Slate Floor | 12.5 x 12.1 | Main |
Family Room | Built-Ins,Wet Bar,Fireplace,French Doors,Hardwood Floor | 24.1 x 35.6 | Lower |
Great Room | Bay/Bow Window,Vaulted Ceiling,Fireplace,Hardwood Floor | 15.0 x 20.0 | Main |
Kitchen | 9 ft+ Ceilings,Breakfast Bar,Built-Ins,Island,Hardwood Floor | 13.0 x 24.7 | Main |
Kitchen | 9 ft+ Ceilings,Balcony/Deck,Breakfast Bar,Quartz Counters,Partial Bath | 17.1 x 21.7 | Main |
Living Room | Engineered Wood Floor | 16.8 x 19.1 | Lower |
Office | Engineered Wood Floor | 19.0 x 18.0 | Upper |
Primary Bedroom | Bay/Bow Window,Full Bath,Hardwood Floor | 12.1 x 13.1 | Main |
Rec/Play Room | Tile Floor | 18.0 x 19.7 | Lower |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,520,000 | $2,520,000 | $2,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $2,611 | $2,611 | $2,611 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,706 | $15,928 | $21,265 |
Total Monthly Payment | $17,441 | $18,663 | $24,000 |
* 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.