Under contract-accepting backup offers. Back on market!!!Expansive 4-Acre Property with Endless Potential
Discover the possibilities on this remarkable 4-acre property, offering a current 4-bedroom, 3-bathroom home with a mother-in-law suite. Situated in a serene locale, this estate presents a unique opportunity to create your dream home from scratch, as the existing main residence could be torn down to make room for your vision.
Current Residence Features: The existing residence boasts a spacious layout with 4 bedrooms and 3 bathroom pool home, providing ample space for comfortable living. A well-appointed updated kitchen, cozy living areas, and inviting bedrooms offer a cozy retreat. The mother-in-law suite provides additional flexibility for guests or extended family members.
Opportunity for Customization: With the option to tear down the current main residence, you have the freedom to design and build your dream home tailored to your exact specifications. Imagine crafting the perfect layout, selecting premium finishes, and creating a space that reflects your lifestyle and preferences.
Income-Generating Potential: During the construction phase of your dream home, the mother-in-law suite presents an excellent opportunity for temporary living quarters or rental income. Live comfortably on-site while overseeing construction, or rent out the suite to offset the cost of building your dream home.
Versatile Pole Barn: This property also features a spacious pole barn with a fully enclosed air-conditioned office, complete with a bathroom and shower. Perfect for operating your business, this setup offers convenience and flexibility for various ventures.
Zoned for Open Use: With zoning for open use, this property offers endless possibilities for business endeavors. Whether you're looking to establish a home-based business, pursue agricultural activities, or explore commercial opportunities, this property provides the flexibility to bring your vision to life.
Expansive Property: Spanning 4 acres of pristine land, this property offers plenty of space for outdoor amenities and recreational activities. Enjoy the tranquility of the surrounding natural beauty and create your own private oasis.
Convenient Location: Nestled in a tranquil neighborhood, yet conveniently located near amenities, schools, shopping, hospital and dining options, this property offers the perfect balance of privacy and convenience. Easy access to major highways ensures effortless commuting to nearby areas.
Don't Miss This Opportunity: Whether you're looking to renovate the existing residence, or build your dream home, this property offers endless potential. Schedule a showing today and envision the possibilities that await on this expansive 4-acre estate. Check out MLS # N6131043 for interior pictures of home and mother-in-law suite.
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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 | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,189 | $5,122 | $7,024 |
Total Monthly Payment | $5,281 | $5,214 | $7,116 |
* 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.