42194 Lake Timber DR, Punta Gorda, FL, 33982 | $536,215

The single-story Arbordale home features 3 bedrooms, 2 baths, planning center with desk off of the kitchen, beautiful 12' ceilings, a covered lanai with outdoor kitchen preplumbing, 4' garage extension, & more! This home is situated on an ideal lot with beautiful greenery and walking trails right outside of your front door. Enjoy coffee or tea from your front porch and enjoy the uninterrupted, peaceful view of Lake Timber, the second largest lake in Babcock Ranch! Lake Timber is known for its close proximity to bike and hiking trails, and is just steps Founder's Square! Step up onto the front porch of the welcoming Arbordale home and make your way through the foyer, into the beautiful kitchen featuring stainless steel appliances, an oversized island with quartz countertops, stylish backsplash, pendant pre-wire, upgraded sink/faucet, planning center/desk area, plus a generously sized walk-in pantry. The kitchen is open to the cafe and gathering room and has a pocket sliding glass door leading to your covered lanai. Additional upgrades include: Upgraded laundry room with cabinets and a utility sink, floor outlets, LED downlight package, Smart Home package, 8' doors, 12' raised ceiling, WP washer/dryer, upgraded baseboards throughout, tankless water heater, & more! Lake Timber has limited opportunities remaining and does not have a sub-HOA fee! This home is a 12 minute walk or 3 minute bike ride to Founder's Square, is steps away from the best hiking trails in the area, and is right off of SR-31! This Arbordale is being built and will be complete March-May 2025. Photos are for illustration purposes only. Options may vary.

Features

  • Amenities: Basketball, Bike And Jog Path, Bike Storage, Billiards, Bocce Court, Business Center, Cabana, Clubhouse, Park, Pool, Community Room, Dog Park, Fishing, Fitness Center Attended, Internet Access, Pickleball, Playground, Restaurant, Shopping, Sidewalks, Street Lights, Tennis Court(s), Non-Gated
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 60 x 60 x 130 x 130
  • Laundry: Washer/Dryer Hookup, Inside, Sink
  • Year Built: 2024
  • Garage: 2-car 2+ Spaces, Driveway Paved, Electric Vehicle Charging, Garage Door Opener, Attached
  • Heating: Central Electric
  • Cooling: Central Electric
  • Basement: Central Electric
  • Approx Sq. Feet: 2,816
  • Acreage: 0.18
  • Lot Size: 60 x 60 x 130 x 130
  • Est. Taxes: $6,435
  • Lot Desc: Regular
  • View: Lake, Landscaped Area, Water
  • Elem. School: Babcock Neighborhood School
  • Middle School: Babcock Neighborhood School
  • High School: Babcock High School
  • Pet Policy: Number Limit
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Self Cleaning Oven, Tankless Water Heater, Washer
  • MLS#: 224090463
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/224090463/42194laketimberdr_puntagorda_fl?source=qrflyer
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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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42194 Lake Timber DR, Punta Gorda, FL, 33982

$536,215

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $428,972 $428,972 $428,972
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $536 $536 $536
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,854 $2,851 $3,678
Total Monthly Payment $3,482 $3,479 $4,306

* 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.