571 Masalo PLACE, Lake Mary, FL, 32746 | $724,999

One or more photo(s) has been virtually staged. Experience the pinnacle of luxury living in the desirable Timacuan Golf and Country Club community in Lake Mary, Florida. This home’s prime location off Rinehart Road will have you arriving at Orlando Health, Advent Health, Downtown Lake Mary’s vibrant dining and shopping scene, and the Heathrow Business District within a 10-minute drive. A recent listing appraisal provides confidence in its value, making this property a rare opportunity for discerning buyers looking for affordable luxury and a beautifully updated home in one of Lake Mary’s premier golf and country club communities. This meticulously maintained one-story home offers nearly 2, 600 square feet of air-conditioned living space. Its thoughtfully designed split floor plan features three spacious bedrooms, a private office, three full bathrooms, and a convenient guest half bath. Recent upgrades include a newer roof and air conditioning system, ensuring comfort and peace of mind for years. Inside, the home exudes timeless elegance with seamless white marble floors and an open layout that connects the kitchen, family room, Florida room, and patio with lush green views of the conservation area behind the home. The kitchen is the heart of this home, with ample granite countertop space, light wood cabinets, a large pantry, under-cabinet lighting, and brand-new stainless steel appliances. Built-in surround sound speakers enhance the home’s ambiance, while the formal dining and living rooms provide refined spaces for casual gatherings and elevated events. Step outside to enjoy Florida’s natural beauty on the expansive screened patio spanning the length of the home, and enjoy dining and relaxing with lush conservation views in the enclosed Florida room. The oversized 1/3-acre lot features mature landscaping, fruit trees, and a large, welcoming front paver patio. The two-car garage has a 220-volt outlet for electric vehicle charging, offering modern convenience for EV owners. The oversized driveway can easily accommodate four additional vehicles in addition to parking provided by the garage. Schedule your private showing today and make Timacuan Golf and Country Club your new luxury home community.

Features

  • Amenities: Vehicle Restrictions
  • Rooms: 12
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 1998
  • Garage: 2-car Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Side
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,590
  • Acreage: 0.3
  • Est. Taxes: $4,438
  • HOA Fee: $330 Quarterly
  • Lot Desc: Conservation Area, Cul-De-Sac, City Lot, Level, Near Golf Course, Near Public Transit, Oversized Lot, Sidewalk, Street Dead-End
  • View: Park/Greenbelt, Trees/Woods
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • MLS#: O6266665
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/O6266665/571masaloplace_lakemary_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 1/6/2025 11:55:28 PM)
Listing courtesy of Q BOUTIQUE SPECIALTY REALTY INC   Phone: 407-863-7965

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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571 Masalo PLACE, Lake Mary, FL, 32746

$724,999

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $579,999 $579,999 $579,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.171% 6.538%
Monthly Tax Payment $370 $370 $370
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,859 $3,855 $4,973
Total Monthly Payment $4,321 $4,317 $5,435

* 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.