This truly custom-built pool home is nestled on 2. 5 acres and hidden from the road for privacy. The exterior walls are filled block with 12-inch hardie-plank siding on all exterior surfaces. The metal roof has underside spray-foam insulation making this an extremely efficient home of this size. The ceilings of the front porch, back patio, and carport are all pine Tongue-and-Groove. Landscape bed and lawn have irrigation. The soffits are equipped with outlets. The back patio has a summer kitchen with built-in hibachi cooktop, gas grill, and refrigerator and also has a brick wood burning fireplace. While you're grilling up your burgers, you can relax on the sun self of the saltwater pool. Pool patio and back deck is all travertine flooring. The interior of the home has 10 foot ceilings, 8 foot solid wood doors, Tongue-and-Groove walls, and custom trim throughout. The kitchen is a dream kitchen. It has Thermador appliances, gas cook top, industrial size fridge/freezer, Scottsman icemaker and a butler's pantry. The mudroom has bult-in lockers, cabinets, and lots of storage. All closets are custom-built by Closets By Design. Upstairs you will find a perfect teen/guest suite with a playroom/loft, a bedroom with walk-in closet, and a full bath. Enjoy all this while relaxing on 2. 5 acres with natural vegetation providing privacy with daily visits by deer and turkeys and can play on the custom-built treehouse/swing-set, that also has a zipline, while you enjoy sitting around the brick firepit. Bay Lake Ranch has no HOA fees and has many bonuses to living in this neighborhood including a Halloween hayride, Christmas light tour, a bunko group plus many other things. Convenient to the airport and close to the beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
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 | 7.235% | 6.723% | 6.826% |
Monthly Tax Payment | $476 | $476 | $476 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,005 | $6,915 | $9,482 |
Total Monthly Payment | $7,606 | $7,516 | $10,083 |
* 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.