Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Seize this one-of-a-kind opportunity to own a piece of lakefront paradise in historic downtown Mount Dora! A local gem with a rich history, this home has been celebrated in numerous articles across various publications, earning its place as a cherished landmark in the community. Welcome to this exquisite 3-story French Colonial New Orleans-style home, where classic elegance meets breathtaking views of Lake Dora. This 4-bedroom, 2. 5-bathroom residence is designed to impress, with its timeless hardwood floors and intricate crown molding flowing throughout the home. The first floor offers convenience and privacy, featuring two lakeview bedrooms, a full bathroom, and a spacious laundry room. The elevator, accessible from both the front door and the attached garage, ensures easy access to all levels. The second floor is the heart of the home, thoughtfully designed for entertaining and relaxation. The kitchen, complete with a generous eating area, flows effortlessly into the dining and living rooms. Stunning views of Lake Dora and a gas fireplace in the living room add inspiration and warmth, while a half bathroom completes this floor's functionality. Step outside to the front balcony, a perfect retreat for al fresco dining or lounging as you take in the ambiance of downtown Mount Dora. The third floor is dedicated to luxury and tranquility, housing the expansive primary suite with a gas fireplace, a peaceful sitting area, and stunning views of Lake Dora's famed sunsets. A fourth bedroom on this level offers flexibility as a guest room, office, or additional living space. The home also features an assigned boat slip on Lake Dora with one electric boat lift, a water connection, and storage. Mount Dora is known for its year-round festivals, quaint restaurants, and a variety of charming shops. This home is within short steps of all of these local attractions. Downtown Tavares, known as America’s Seaplane City, is just a short boat ride away. Nearby Interstate 429 makes commuting to the Orlando area or coastal beaches a breeze. Experience the perfect blend of sophistication and Florida charm in this unique property that offers a lifestyle as remarkable as its views. Schedule a tour today and discover the beauty of living on Lake Dora!
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$1,500,000
William Raveis Real Estate
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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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $1,167 | $1,167 | $1,167 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,684 | $10,619 |
Total Monthly Payment | $9,075 | $8,976 | $11,911 |
* 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.