16557 Timber LANE, Punta Gorda, FL, 33982 | $529,900

Under contract-accepting backup offers. Introducing Your Dream Home in Babcock Ranch! Discover the epitome of modern living in this stunning 3-bedroom, 2. 5-bath INNOVATION HOME nestled within the coveted Lake Timber neighborhood of Babcock Ranch. This exceptional residence seamlessly blends Old Florida charm with cutting-edge technology, offering a truly unique and luxurious lifestyle. Smart Home Features Galore! Step inside and be captivated by a world of smart home innovations. The state-of-the-art kitchen, equipped with smart appliances, a sleek backsplash, and exquisite quartz countertops, is a chef's dream. The open floor plan flows seamlessly into the spacious gathering area, perfect for entertaining friends and family. Retreat to the serene primary suite, complete with a walk-in closet and a spa-like bathroom, designed for ultimate relaxation. Upstairs, a versatile loft offers endless possibilities, while two additional bedrooms and a full bath provide ample space for guests or a growing family. Outdoor Oasis! Enjoy Florida's beautiful weather on the inviting lanai, overlooking a large, fenced-in yard. Imagine creating your own private oasis with a luxurious pool and extended lanai. The two-car garage with EV charging station and additional guest parking ensures convenience and sustainability. Lake Timber Lifestyle Experience the ultimate in resort-style living at Lake Timber. Unwind by the zero-entry pool, lounge in stylish cabanas, or host memorable gatherings at the elegant clubhouse. Immerse yourself in the natural beauty of Babcock Ranch, with breathtaking lake views and a wide range of outdoor activities. Prime Location is just half a mile from Founder's Square, you'll have easy access to a vibrant mix of shops, restaurants, and entertainment options. Energy Efficiency and Sustainability This home is designed to minimize your environmental impact and maximize energy efficiency. Enjoy the benefits of Enphase battery backup, energy-efficient HVAC, and advanced water heating systems. Plus, experience the comfort of impact glass windows, programmable lighting, and smart home features. A Truly Unique Opportunity This one-of-a-kind custom home is a rare find in South Florida. Don't miss your chance to own a piece of Babcock Ranch's future. Features Enphase battery backup, FLO EV charging, Energy efficient HVAC system with Infinity Whole home germicidal air purification filtration system to combat viruses and bacteria, Touchless Moen shower control, Touchless kitchen Faucet, Sonos wireless sound system with in-ceiling speakers, Programmable blinds. Impact Glass, Programmable LED lighting throughout the kitchen, Smart Tint on front door and sliding glass door, Moen Flo Leak detection, Foam filled block walls, Spray foam insulation in trusses, Square D Energy tracking system, A long list of updates has been done to the home including new light fixtures in the entry, above the island, in the primary bedroom, and in the loft. Board N Batton added to the entry, back entry, and upstairs in the bedroom. Shiplap added to the living room. Newer carpet throughout the entire upstairs with a new subfloor and upgraded carpet padding. The Primary shower was completely remodeled with luxury tile with a newly designed walk-in shower with a bench seat and niche pocket for added comfort and convenience. New upgraded tile flooring in upstairs bathroom. Double insulated with spray foam insulation in the attic and above the primary bedroom and garage.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 2022
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 2,027
  • Acreage: 0.29
  • Est. Taxes: $7,354
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: C7499987
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/C7499987/16557timberlane_puntagorda_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 12/26/2024 8:47:08 PM)
Listing courtesy of NV Realty Group, LLC   Phone: 561-951-8820

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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16557 Timber LANE, Punta Gorda, FL, 33982

$529,900

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 $423,920 $423,920 $423,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $613 $613 $613
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,928 $2,856 $3,606
Total Monthly Payment $3,633 $3,561 $4,311

* 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.