Welcome to your serene oasis on the picturesque banks of the Peace River! This unique riverfront property spans 3. 59 acres and boasts an array of features that epitomize the ideal blend of rustic charm, outdoor enthusiast and utilitarian function. No flooding or recent storm damage other than some road repair and landscaping!!! Nestled amidst the lush greenery, you'll find a charming A-frame, stilt camp, featuring all NEW VINYL SIDING and 6 NEW WINDOWS ($25k). Step outside onto the expansive outdoor paver patio and kitchen area, offering a plethora of seating, a custom built firepit & kitchen prep station, perfect for hosting holiday gatherings or simply enjoying the tranquil surroundings and natural wildlife! Follow the short path down to the river where you can see your beautiful natural Limestone ledge, perfect for summer dives! Here you can kayak, paddle board, fish, take an airboat ride or hunt for fossils!! The allure continues with a grand, newly painted front porch, providing a serene spot for morning coffee or evening relaxation, with additional storage creatively built into the new front wood paneling! For those seeking respite from the elements, the recently re-screened & freshly painted rear porch offers a peaceful retreat, where you can sway softly & sip ice tea on the suspended bench swing. Indulge in the ultimate outdoor experience with numerous outdoor showers, surrounded by the sights and sounds of nature, perfect for rinsing off after a day on the river! Additionally a remarkable 40'x72' metal building awaits above, complete with 2 roll up doors, power & water, offering endless possibilities for storage, workshops or convert this space into your BARNDOMINIUM!! (see photo renderings) This addition is well thought out, with plumbing already ran underground and extensive rocking around the concrete porches and underground drainage pipes for superior drainage and run off, adding peace of mind for the next homeowner. Attached is a 30'x40' pole barn, providing ample space for your vehicles, equipment, or recreational toys. BONUS! The camper is included! Immerse yourself in the charm of this building's design, featuring 10-foot overhangs and 8-foot concrete wrap-around porches on three sides to sit and rock your worries away. Whether you envision hosting gatherings with friends and family or simply savoring the tranquility of riverfront living, this property offers an unparalleled opportunity to embrace the beauty of nature while only located 20 minuets outside of downtown Arcadia! Don't miss your chance to own this idyllic retreat on the Peace River – where every moment is a celebration of the natural splendor that surrounds you.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $139 | $139 | $139 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,291 | $2,260 | $2,867 |
Total Monthly Payment | $2,505 | $2,474 | $3,081 |
* 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.