This stunning 1. 514-acre waterfront lot on Lake Diane Road in Tavares offers a unique opportunity to build your dream home in a peaceful, picturesque setting. Featuring scenic views, an access to Lake Diane, and ponds on the property, it offers a unique blend of natural beauty and privacy. Located within a well-maintained HOA, the property is exclusively zoned for single-family homes (minimum 2500 sqft), preserving the neighborhood’s appeal.
Situated in Tavares, known as “America’s Seaplane City, ” the area combines small-town charm with access to incredible outdoor recreation and proximity to world-famous attractions. Just a short drive away are Walt Disney World Resort, Universal Orlando Resort, and LEGOLAND Florida Resort. Locally, you can enjoy boating, fishing, hiking, and birdwatching, as well as exploring the historic downtowns of nearby Mount Dora and Eustis, which offer boutique shopping, dining, and vibrant community events.
This property perfectly blends natural beauty, modern convenience, and access to endless activities, offering a lifestyle that balances relaxation and adventure. City water and sewer are available for ease of development, and power is also available in the area. Please note that mobile homes, manufactured homes, tiny homes, and RVs are not permitted in this zoning. The property is also partially located within a 100-year flood plain. An engineered lot grading plan for this property shall be submitted to the City of Tavares with the building permit application.
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Our Executive Mortgage Banker:
Our Insurance Division:
$239,900
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 | $191,920 | $191,920 | $191,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,293 | $1,276 | $1,618 |
Total Monthly Payment | $1,368 | $1,351 | $1,693 |
* 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.