NEW CONSTRUCTION, Located within the highly sought-after Water Ridge community, this newly built water view & Open green common area 2, 580 sq. ft single-family home offers a perfect blend of modern luxury and serene lakeside living. The property sits on a 12, 151 sf corner lot with a breathtaking views of Lake Medora & a wide, spacious lush green landscape, offering maximum privacy. As you step through the double glass front door, you are greeted by a SPACIOUS, OPEN-CONCEPT, living, kitchen and dining area combo and lots a natural light. The decorative 10-14 ft height tray ceiling in the great room as well as the triple sliders framing the unobstructed Lake view. The large lanai tiled with the elegant decorative 24 X 24 stone Paver and an OUTDOOR KITCHEN OUTLET overlooking the backyard and huge green landscape. The kitchen is a chef’s dream, showcasing sleek bi-color WOOD SHAKER-STYLE cabinets with SOFT-CLOSE HARDWARE, stunning BLANC/ GOLD QUARTZ countertops, and a gray accent island equipped with USB & C CHARGING PORTS, backsplash complements the overall design. A mid size WALK IN PANTRY with glass door, while the top-of-the-line Stainless Steel GE PROFILE SMART appliances ensure functionality and style. The master bedroom features lake view, his and hers walk-in closet, In suite Bathroom with private water closet, dual vanities topped with Bland / Gold QUARTZ as well as ILLUMINATED VANITY MIRROR with multiple settings, a FREE STANDING TUB, a walk-in shower with RAIN SHOWER HEAD. THE SPLIT-BEDROOM LAYOUT has Bedroom 2 which is another location for the spectacular green landscape and lake Medora views connected with a small hallway to bedroom 3 and bathroom # 2. while bedroom 4 has a SEPARATE ENTRANCE, a bathroom and a WET BAR. It can be used as an office if working from home or an In law suite. The SPACIOUS indoor laundry room has a washer and dryer hookups ready and wood cabinets for extra storage and a sink. The 3 car garage with storage space included. The garage is equipped with AN OUTLET FOR AN ELECTRIC CAR CHARGER. Some other features includes: CAT 5 ETHERNET throughout the house perfect for THOSE WHO WORK FROM HOME. 96 inch HEIGHT SOLID CORE PANELED DOORS WITH KWIKSET MICROBAN LEVERS. A double front door with decorative glass equipped with YALE SMART LOCK. Top of the line PGT DOUBLE PAN, insulated windows, MAKING WINDOWS SUBSTANTIALLY MORE ENERGY EFFICIENT. EXPANDABLE ADT SECURITY SYSTEM, SMART INSULATED CLOPAY WIDE GARAGE DOORS, a VARIABLE SPEED TRANE HVAC, a SMART HUNTER HYDRAWISE 6 zones Irrigation system, A TOP OF THE LINE, SMART, HYBRID, ENERGY STAR 80 GALLON, ELECTRIC AO SMITH WATER HEATER, USB CHARGING PORTS THROUGHOUT THE HOUSE . A Florida-friendly, non-toxic garden features lush, low-maintenance plants safe for pets and wild animals. The luxurious Water Ridge Community truly has it all, conveniently located between Orlando and Tampa. Easy access to major attractions such as Disney World (just 45 minutes away), Legoland and the sandy beaches of the Gulf of Mexico. The community amenities includes 2 community boat ramps to access Lake Alfred and Lake Van for endless water sports activities, as well as on-site boat storage, 3 resort-like pools, Tennis and basketball courts, a clubhouse perfect for social events, a fitness center and sauna, 3 fishing piers and the list goes on.
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Our Executive Mortgage Banker:
Our Insurance Division:
$816,500
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 | $653,200 | $653,200 | $653,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $66 | $66 | $66 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,183 | $4,237 | $5,735 |
Total Monthly Payment | $4,341 | $4,395 | $5,893 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.