Price Improvement! Discover timeless elegance while owning a piece of Bay Hill History. A distinguished 4-bedroom, 3-bathroom + office residence boasting abundant space and a storied history. Formerly owned by Dick Tiddy, an esteemed college roommate of golf legend Arnold Palmer and a celebrated golf instructor at Bay Hill for over three decades. This home resonates with prestige and charm. From the moment you walk up the brick paver horseshoe driveway to the iron gates, you will notice the impeccable detail of this home. This split-plan one-story property features a spacious dining room and formal living room with classic upgrades of crown molding and dark wood flooring. The huge family room boasts intricate woodwork, a fireplace, and beautiful views of the backyard. The primary suite is an oasis of it own complete with a large walk-in closet with closet system, and an updated bathroom with shower, tub, and bidet. It even features a hidden television within the mirror. and coffee staion.
The large eat-in kitchen offers granite countertops, stainless appliances, and a custom pantry. It also has a sizeable center island with room for 4 chairs. The most impressive part of this home lies in the expansive backyard and patio. A massive newly renovated covered lanai with supper gutters shows off a BBQ area, a separate custom stone fireplace, and a beautiful "L" shaped swimming pool complete with a handcrafted grotto and waterfall. This fully fenced-in backyard even has a putting green for the golfer. It's an ideal retreat for enjoying Florida's year-round sunshine and hosting unforgettable gatherings.
Nestled in the serene neighborhood of South Bay and walking distance from the community dock on the famed Butler Chain Of Lakes. It is just a short golf cart ride to the Bay Hill Country Club and the famous PGA Arnold Palmer Invitational where membership can include golf, tennis, swimming, pickleball, a private marina, and three amazing restaurants. South Bay offers its own host of amenities including a newly renovated tennis court, a community dock on Lake Tibet, a playground, and child-friendly activities several times a year. Excellent schools and minutes from the famous Sand Lake Restaurant Row.
Embrace the legacy and luxury of this remarkable home at 9227 Cypress Cove Dr. Schedule your private tour today and envision life in this exclusive Orlando community.
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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 | $920,000 | $920,000 | $920,000 |
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 | $1,097 | $1,097 | $1,097 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,891 | $5,967 | $8,078 |
Total Monthly Payment | $7,113 | $7,189 | $9,300 |
* 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.