1005 Down Reserve COURT, Windermere, FL, 34786 | $4,699,995

Under Construction. COME HOME TO A DREAM!! This Beautiful Modern Castle is being built in the lovely Lake Down Reserve neighborhood in Windermere, Florida. This home is designed and built by Supreme International Construction a reputable builder in Central Florida, who is well known for Luxury Custom home construction with creative designs and quality Buildings. He is building Three Homes in the same neighborhood and all of them are unique in Architecture and Construction type. All Homes are Smart and energy efficient. This subdivision has only 10 luxury Homes and this is the last lot available. This dream home consists of 9754 Sq. Ft. heated and 11, 157 Sq. Ft Under Roof, 30, 355 Sq. Ft Lot (. 70 Acre). Offering 6 spacious bedrooms plus an office, 7 full bathrooms, 1 Half Bath, 1 Powder Bath, a movie theater, sunken gym/yoga room oversized 4-car garage, elevator, and so much more! This is 9754 Sq. Ft masterpiece boasts exquisite high-end finishes throughout. The Gourmet kitchen has subzero appliances. The home has an amazing entertainment space with a remarkable custom pool/spa along with a Sunken outdoor kitchen. The Home also features hurricane impact windows, custom-designed California closets throughout all bedrooms, Heat & Glow fireplaces in the living room, and the master bedroom along with large format porcelain tiles throughout the bathrooms. Offering a scenic and private setting with a 24 hr. "virtual guard", the lovely Lake Down Reserve neighborhood is in Windermere, Florida. This subdivision is located across from Isle worth home to many sportsmen and celebrities. Windermere Florida is truly a family dream location. Featuring The Butler Chain of Lakes, considered one of Florida's Outstanding Waterways, consists of eleven interconnecting pristine lakes ideal for all water sports. Lake Down Reserve is close to downtown Windermere offering year-round activities and a weekly Farmer's Market. A-Rated schools, parks, and playgrounds are also a part of this charming town. With easy access to major roadways, golf courses, fine dining, and shopping, along with Disney, Universal, and other theme parks, and area attractions. Highlights of this home are it's on Lot . 70 Acres (30657 SQ. ft) with • First Floor – 5415 Sq. Ft • Second Floor – 252 Sq. Ft • Sunken Exercise / Yoga – 433 Sq. Ft • Covered entry – 121 Sq. Ft • 4 Car Garage • Sunken Bar – 412 Sq. Ft • Covered entrance – 121 Sq. Ft. • Loft front balcony 127 sq. Ft • Total sq. Ft 10578 under roof • 6 Bedrooms • 7 Full Bath • 1 Powder Bath • Elevator • Smart Home Control • Swimming Pool • High Ceilings • Great Room • Family Room • Dining Room • Gourmet Custom Kitchen • Quartz Countertops • Large Format Tile • Hurricane Impact Windows • High Interior Doors • Outdoor Kitchen • Flat Tile Roof • Smart Phone compatible system and Much More Features. The total home is Metal frame and Metal Trusses. The home features a lot of open spaces with a lot of Sunlight coming into the house.

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 7 full / 1 half
  • Year Built: 2022
  • Garage: 4-car
  • Heating: Central, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 9,754
  • Acreage: 0.7
  • Est. Taxes: $7,110
  • HOA Fee: $400 Monthly
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater
  • MLS#: O6053570
  • Days on Market: 219 days
  • Website: https://www.raveis.com
    /eprop/O6053570/1005downreservecourt_windermere_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/4/2024 11:45:57 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 407-647-1211

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1005 Down Reserve COURT, Windermere, FL, 34786

$4,699,995

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $3,759,996 $3,759,996 $3,759,996
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.304% 6.762% 6.725%
Monthly Tax Payment $593 $593 $593
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,766 $24,076 $32,754
Total Monthly Payment $24,483 $24,793 $33,471

* 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.