Come see this beautiful 6 Bedroom, 4 Bath Home in Spectacular ARBOR WOODS! Arbor Woods is a gated community with very low HOA fees and NO CDD fee. The 4, 830 square foot home sits on an AMAZING LOT that is right on the preserve that backs to the Florida wildlife corridor. It has a true FOREST behind it! The forest is protected by Southwest Florida Water Management and cannot be built on. You will routinely see deer and turkey come through the backyard. Zoned for HIGHLY-RATED SCHOOLS - Denham Oaks Elementary, John D. Long Middle, & Wiregrass Ranch High School. The house features TWO TRUE MASTER SUITES, one on each floor - perfect for multi-generational living. There are four spacious secondary bedrooms with great closet space. Home is Perfect for a large family! Upstairs you'll find a 800 square foot LOFT/GAME ROOM, plus a MEDIA ROOM, OFFICE, and Bedrooms. Every bathroom has their own dedicated linen closet. The Luxurious Kitchen has double ovens, a 36 inch induction cooktop, under cabinet lighting, plus an insane amount of cabinet and counter space for all of your culinary masterpieces.
The great room overlooks the forest with a 3-pocket sliding glass door. An extended covered lanai (49x10 feet) perfect for relaxing in the tranquility of the forest. Do not worry about power outages because the house comes with a 11. 34 kW solar panel system and 3 power walls. The community during the last hurricane was without power for 4. 5 days, except for this truly extraordinary home. The unique setup provided both power and internet during the hurricanes/community power loss of 2024. Unlike most nearby neighborhoods, Arbor Woods does not have to worry about flooding because of the master community layout has proper drainage, which protects from major flooding. Owner does not carry flood insurance and has very low homeower insurance of approximately $2800/year (through State Farm). Very close proximity to major shopping and hospitals, yet only 2 lights to the interstate. Truly a wonderful location - it's doubtful you'll find a comparable home. Come see this one-of-a-kind home before it’s gone. Arbor Woods has luxurious pool w/kitchenette for grilling, community playground, & an extended private nature trail. 5. 625% Par Interest Rate Available with Seller buying down the interest rate!
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William Raveis Mortgage, LLC
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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 | $739,996 | $739,996 | $739,996 |
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 | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $721 | $721 | $721 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,800 | $4,738 | $6,497 |
Total Monthly Payment | $5,613 | $5,551 | $7,310 |
* 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.