5147 Horizon Edge COVE, Lakewood Ranch, FL, 34211 | $1,050,000

ASSUMBABLE LOAN AT 3. 22%! WOW…AMAZING opportunity estimated at a $200, 000 value!!! This is your rare opportunity to go back in time to early 2022 interest rates. You not only have an opportunity to obtain a fantastic interest rate, but you get one of the most popular model homes, the Summerville, on one of the most PRIVATE lots in Lakewood Ranch’s sought after Lorraine Lakes. Desirably located at the end of a cul-de-sac with only one house adjacent and nothing but preserve and water views behind, this property is a true gem to anyone who appreciates privacy. The awesome custom pool and spa with oversized cage makes this a Florida dream home. Inside you will find an open concept floor plan featuring a natural grey pallet paint throughout and custom lighting. Lorraine Lakes was designed to provide its residents with a true resort and vacation experience. The low HOA includes your lawn and landscape maintenance so you can enjoy life and the extensive amenities this community provides. You will be amazed by the 25, 000 square foot clubhouse with a coffee lounge, restaurant and bar, aerobic center, basketball court, arcade, and fitness center with a child’s play area. Outside you will find two pools, a splash pad, a pool side bar, tennis and pickleball courts, a putting green, volleyball, bocce ball and a playground. Don’t miss the opportunity to own this home located in the heart of Lakewood Ranch conveniently located to shopping, restaurants, A-rated schools, championship golf courses and a short drive to the famous beaches of the gulf coast.

Features

  • Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Pickleball Court(s), Playground, Pool, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside
  • Year Built: 2022
  • Garage: 3-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,444
  • Acreage: 0.21
  • Est. Taxes: $0
  • HOA Fee: $746 Quarterly
  • Lot Desc: Cul-De-Sac, Street Dead-End
  • View: Pool, Trees/Woods, Water
  • Elem. School: Gullett Elementary
  • Middle School: Dr Mona Jain Middle
  • High School: Lakewood Ranch High
  • Pool: Gunite, Heated, In Ground, Salt Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4621534
  • Days on Market: 95 days
  • Website: https://www.raveis.com
    /eprop/A4621534/5147horizonedgecove_lakewoodranch_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 12/18/2024 3:02:38 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-907-1033

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5147 Horizon Edge COVE, Lakewood Ranch, FL, 34211

$1,050,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $840,000 $840,000 $840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,448 $5,309 $7,317
Total Monthly Payment $5,573 $5,434 $7,442

* 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.