17416 Magnolia Island BOULEVARD, Clermont, FL, 34711 | $1,075,000

Gated community living in Magnolia Island, a small neighborhood of similar and lakefront homes. This custom pool home has the primary bedroom downstairs plus a separate entrance to the fifth bedroom that would make an amazing in-law conversion, games room or home theater! The circular drive leads you up the walk to the rocking chair front porch where you can relax and take advantage of the cool breezes from the higher elevation and surrounding lakes. The updated, neutral color palette of the flooring through the main level of the home allows you to bring in nearly any furniture style. Large living room has a double sided, wood-burning fireplace plus natural lighting from the double French doors that lead out onto the lanai and pool area. The formal dining room has a chair rail and is off the kitchen with granite counters, a breakfast bar, built-in ovens and nice closet pantry storage. The breakfast nook is a perfect place for morning coffee as the sun rises over your backyard and pool. A convenient half bath is off the kitchen. The primary bedroom has a wood-burning fireplace, some built-in cabinetry with granite tops, a tray ceiling, and a beautiful bath. The extensive tile on the walls complements the granite counters and glass vessel sinks and the custom cabinetry allows you plenty of storage. The glass-enclosed shower has a gorgeous tiled wall, granite seat and newer dual shower heads and wall-mounted heads. Extra storage and shelving in the bath plus the extra large walk-in closet complete the north wing of the first floor. The office space can be accessed through the French doors off the kitchen, has great built-in shelving, light from the front and access to the rear yard with the sliding glass doors. Into the side entry three-car garage, you have plenty of space for vehicles and storage items, but also the door to access the fifth bedroom/bonus room. Large enough for proper billiards play, this space has a half bath, large picture windows that have lake views to Johns Lake, extra storage for games, toys, or make this a home theater area and even a guest suite. Back in the main home, there are three additional bedrooms and two baths. The updated baths have great shower details and glass enclosure and pretty vessel sinks. Out to the covered lanai and onto the screened pool deck, there is plenty of space for a barbecue, parties or everyday lounging by the pool. The tiled in-ground pool has nice water features, a spillover spa with seats and a center water feature. The backyard is amazing. Gaze out onto the private feel rear yard or start a game of frisbee, soccer or catch! Situated on an acre lot, this incredible custom home is perfectly situated within 30 minutes to the Orlando International Airport, Disney, Universal and other major attractions, downtown Orlando and major malls. Tucked away off a dead-end road, this small community invites you home with large oaks and magnolias through the gates. Growing South Lake County and Clermont has all the shopping, restaurants and services of a big city, easy access to major roads, and a fantastic quality of life with the South Lake/West Orange Trail that leads to downtown Clermont and Winter Garden. Many active living events, farmers markets, Clermont Chain of Lakes nearby and a community boat ramp/dock/gazebo on Johns Lake – vacation every day living here in Central Florida! Take the time to watch the interior/drone video and make your appointment to come see this gorgeous home today.

Features

  • Amenities: Gated, Recreation Facilities
  • Rooms: 9
  • Bedrooms: 5
  • Baths: 3 full / 2 half
  • Lot Size: 141 x 309
  • Laundry: In Kitchen
  • Year Built: 1993
  • Garage: 3-car Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,121
  • Acreage: 1
  • Lot Size: 141 x 309
  • Est. Taxes: $8,195
  • HOA Fee: $1,500 Annually
  • Lot Desc: In County, Oversized Lot
  • View: Water
  • Pool: Gunite, In Ground, Screen Enclosure, Tile
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Water Softener
  • MLS#: G5083500
  • Days on Market: 177 days
  • Website: https://www.raveis.com
    /eprop/G5083500/17416magnoliaislandboulevard_clermont_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 8:02:08 AM)
Listing courtesy of PREMIER SOTHEBYS INT'L REALTY   Phone: 407-581-7888

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17416 Magnolia Island BOULEVARD, Clermont, FL, 34711

$1,075,000

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 $860,000 $860,000 $860,000
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 $683 $683 $683
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,578 $5,436 $7,492
Total Monthly Payment $6,386 $6,244 $8,300

* 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.