Under contract-accepting backup offers. Live the WATERFRONT DREAM in this timeless coastal contemporary estate in the heart of Ormond Beach with a resort-like pool, turf backyard with putting green, AND BRAND NEW CUSTOM 200 FT DOCK! Situated on . 65 ACRES with 100ft of water frontage, this unique property provides large entertaining spaces on and off the water plus ample room for a second boat on a trailer or RV behind the automated gate to the backyard. A private fenced yard right on the water features a new paver fire pit, kayak storage, mature palm trees, and the new dock with 8, 000lb boat lift, 30ft boat slip, storage bench, and fish cleaning station. The backyard of the home features fully fenced privacy accented with Areca palms for a lush tropical landscape surrounding the massive pool complete with gas-heated spa, extra large sunshelf, and marlin tile mosaic. The pool area is complete with full granite summer kitchen with 6-burner grill, beverage fridge, TV, sink, and plenty of seats at the bar for entertaining
Enter the home through new modern double front doors leading to an inviting floorplan with Brazilian Cherry hardwood floors that features a large living room with expansive river views, game room with woodburning fireplace and French doors to the summer kitchen, newly remodeled half bath for guests, and a commercial grade chefs kitchen complete with 48" fridge, 6-burner gas cooktop, ice maker, blue-eye granite counters, and loads of cabinetry for ample storage. The kitchen also has a walk-in butlers pantry, seamless connection to the dining area with river views, and sweeping views of the backyard and pool spaces.
Upstairs there are four bedrooms plus a brand new office. The primary suite provides outstanding space for a true feeling of grandeur including newly remastered en suite bath with double vanity and an impressive 'wet room' with triple shower and standalone tub within a glass enclosure. Double French doors lead to a private terrace that has enough space to host a party on with wide river views expanding to the Granada Bridge and beyond. The southern guest rooms share a remodeled full bath with tub/shower combo while the northwest suite has a brand new full bath with walk-in shower and light and bright feel.
Every downstairs opening of the home is complete with electric rolldown hurricane shutters for full protection in all conditions while the upstairs windows are adorned with aluminum Bahama shutters for that Key West aesthetic and wind protection. Inside, every opening features high-end plantation shutters. The home sits high and dry with no history of water intrusion. The grill, cooktop, spa heater, and tankless water heater are all powered by a buried 500-gallon propane tank. AC units are 2016 and 2017. Metal roof is from 2011.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
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 | $752 | $752 | $752 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,561 | $8,452 | $11,590 |
Total Monthly Payment | $9,438 | $9,329 | $12,467 |
* 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.