Lakefront Oasis on Lake Jem:
Welcome to your own piece of paradise! This stunning lakefront home, built in 1923, offers timeless elegance and unparalleled beauty on the shores of Lake Jem. With its prime location and abundant amenities, this property is a rare find.
Endless Possibilities: Make this historic residence your own with its spacious layout featuring 4 large bedrooms and 3 baths. A detached garage and workshop that you could change to a beautiful cottage, man cave or an in-law suite. The expansive pool and over 1 acre of land provide endless opportunities for relaxation, recreation, and entertaining. Whether you envision peaceful mornings by the lake or lively gatherings with friends and family, this property offers the perfect canvas for your dreams.
Convenient Access to the Chain of Lakes: Located near Trimble Park, residents have convenient access to launch their boats and explore the scenic Chain of Lakes. Spend your days fishing, boating, or simply soaking in the breathtaking views of the water.
Proximity to Quaint Downtown Mount Dora: Just moments away from the charming downtown area of Mount Dora, residents can explore quaint shops, eclectic restaurants, and vibrant cultural attractions. Experience the unique charm and character of this beloved community right at your doorstep.
Central Location, Easy Access: Centrally located, this property offers easy access to Orlando International Airport, making travel a breeze. And with the beaches just a short drive away, you can enjoy the best of both worlds—secluded lakeside living and coastal adventures.
Your Lakefront Retreat Awaits: Don't miss the opportunity to own this spectacular lakefront home. Whether you're seeking a peaceful retreat or an entertainer's paradise, this property offers the perfect blend of luxury, convenience, and natural beauty. Schedule a viewing today and experience the magic of lakefront living on Lake Jem!
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $417 | $417 | $417 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,099 | $3,057 | $3,879 |
Total Monthly Payment | $3,608 | $3,566 | $4,388 |
* 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.