OPEN HOUSE SAT JAN 4, 11AM-3PM**Luxury Mediterranean, Muti-Generational Home with Endless Possibilities**Discover exceptional value and unmatched elegance in this stunning Mediterranean-style home, meticulously crafted with durability and modern living in mind. Located on a private, nearly one-acre lot, this multi-generational property offers over-the-top luxury, thoughtful design, and a wealth of high-end features.
**Key Features: **
- **Unparalleled Craftsmanship: ** Imported travertine flooring throughout, including stair treads, enhances the home's timeless appeal. Built with durable ICF construction and spray foam insulation for energy efficiency and long-term peace of mind.
- **Multi-Generational Living: ** A detached casita with a private bath and kitchenette offers the perfect space for guests or extended family. Additionally, a secondary living area above the garage, complete with a separate staircase and bath, provides ultimate versatility. - **Chef's Dream Kitchen: ** Designed for culinary enthusiasts, the kitchen boasts double islands, a 48" Wolf 6-burner stove with griddle and double ovens, a Wolf microwave and convection oven, a built-in Wolf steamer, a 48" Subzero refrigerator, and a custom hood range.
- **Expansive Outdoor Living: ** The covered lanai spans the full width of the home and includes an outdoor kitchen, a gas fireplace, and a full pool bath, perfect for entertaining. The private backyard makes this ideal for a luxurious pool-ready setup.
- **European-Inspired Courtyard: ** The expansive courtyard entry transports you to the charm of a classic European villa, featuring grand entry doors that make a stunning first impression. This enchanting outdoor space, surrounded by architectural elegance, is perfect for entertaining or hosting large gatherings. Its design offers seamless indoor-outdoor flow, allowing guests to mingle under the stars or enjoy the courtyard's tranquil ambiance.
- **Elegant and Functional Layout: ** Grand entry doors lead to a thoughtfully designed floor plan with no wasted space. Every bedroom features an ensuite bath, and a secondary bedroom offers the potential for a second master suite.
- **Modern Amenities: ** Wired for surround sound and surveillance, ensuring convenience and security.
THIS IS THE BEST VALUE IN PALENCIA!!! PRICE REFLECTS THE HOME NEEDING A NEW ROOF AND CEILING REPAIR.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,300,000
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 | $1,840,000 | $1,840,000 | $1,840,000 |
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 | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $1,591 | $1,591 | $1,591 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,934 | $11,782 | $16,155 |
Total Monthly Payment | $13,650 | $13,498 | $17,871 |
* 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.