499 Banning Beach ROAD, Tavares, FL, 32778 | $420,000

Under contract-accepting backup offers. Searching for your family home with room to grow or just want plenty of room to spread out? Look no further than this two story home on . 65 acres in the city of Tavares. Located on a dead end street, this spacious 4 bedroom, 2. 5 bathroom home offers many features. Multi-level styling, with bedrooms upstairs and ample living space on the main level which includes the kitchen, a dinette, formal living room, formal dining room, family room, and laundry room with a half bath. If a wood burning fireplace has always been on your list of must haves - this home has two, both with a beautiful hearth and stone detailing; one in the family room and one in the primary bedroom which includes a laundry chute directly into the laundry room below. Dedicated office space on the second floor has two windows that overlook the front yard and offers a lake view just beyond the towering oak and cypress trees. If green space is an appreciated feature, you will have the added benefit of a private well on the property specifically for irrigation as you enjoy the large, private, fenced in backyard with a 23X18 concrete patio or select the covered front porch with an alternate view. In the attached two car garage you will find overhead attic space along with separate dry box wood storage which has direct and quick access to the family room fireplace.
This all comes together just a few miles from historic Mt. Dora and only minutes from downtown Tavares by car or golf cart in the well-established neighborhood of Banning Beach. Convenient to the amenities, shopping, schools, lake and outdoor activities, healthcare and entertainment. If a serene setting and no HOA appeals to you, this is the home for you.

Features

  • Rooms: 12
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 1979
  • Garage: 2-car Garage Door Opener, Garage Faces Side, Ground Level
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,610
  • Acreage: 0.65
  • Est. Taxes: $2,303
  • Lot Desc: City Lot, Landscaped, Oversized Lot, Street Dead-End
  • View: Trees/Woods, Water
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Range Hood, Refrigerator, Trash Compactor, Washer
  • MLS#: G5089327
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/G5089327/499banningbeachroad_tavares_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 COOK & COMPANY REALTY, INC.   Phone: 352-551-6062

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NMLS Mortgage Loan Originator ID 16953

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499 Banning Beach ROAD, Tavares, FL, 32778

$420,000

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 $336,000 $336,000 $336,000
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 $192 $192 $192
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,321 $2,264 $2,858
Total Monthly Payment $2,588 $2,531 $3,125

* 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.