Imagine waking up to the gentle sounds of lapping water and breathtaking views of Lake Dora, part of the renowned Harris Chain of Lakes. Nestled in the distinguished, gated island community of Deer Island Country Club in Tavares, Florida, this extraordinary 1-1/4-acre lakefront lot boasts over 100 feet of shoreline and endless possibilities to create the lifestyle you’ve always dreamed of.
With the freedom to choose your own builder and start construction on your timeline, this property offers the ultimate flexibility to design a custom home that perfectly fits your needs and desires. Whether you envision a luxurious estate with expansive outdoor living spaces, a sparkling pool, or a boat dock for endless adventures on the water, this is your chance to create a masterpiece in one of Central Florida’s most coveted locations.
Lake Dora, part of the Harris Chain of Lakes, is a boater’s paradise. The interconnected lakes span over 75, 000 acres, providing endless opportunities for recreation, from world-class bass fishing to scenic boat rides through charming waterfront towns like Mount Dora and Tavares. Cruise to local restaurants, enjoy lively entertainment venues, or simply soak in the stunning natural beauty of the area. On holiday evenings, relax in your backyard as the night sky lights up with fireworks displays from across the lake.
Deer Island is a secluded, 400-acre haven of tranquility, offering the perfect blend of luxury and nature. While golf enthusiasts can enjoy the championship course, membership is optional, leaving the choice entirely up to you. This exclusive, gated community provides a serene escape, where privacy and the allure of island living create a lifestyle like no other.
Don’t miss this rare opportunity to own a premier piece of lakefront property on Deer Island. Your dream home and the ultimate lakefront lifestyle await.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$320,000
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 | $256,000 | $256,000 | $256,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,768 | $1,725 | $2,178 |
Total Monthly Payment | $1,843 | $1,800 | $2,253 |
* 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.