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2300 N Scenic HIGHWAY, #111, Lake Wales, FL, 33898 | $1,225,000
We are pleased to introduce you to house #111, a quiet, private and appealing single level home located in the exclusive community of Mountain Lake. The now spacious and high-ceilinged great room makes an impact upon entry into the home. The view gives on the stunning swimming pool (installed in 2020) and the spacious rear property (extended to the property line in 2024). Majestic Live Oaks and Palm Trees are exposed now for all to see and enjoy. To the right of the home are Mountain Lake Corporation owned orange groves, thereby creating a restful harmony of nature on two sides of the property. On the exterior of the house, horizontal stucco bands have been removed to give the house a higher feel. The interior of the property has undergone careful disassembly while preserving the character of the home and potential for personal changes. For example, dated kitchen appliances and master and guest bathroom fixtures have been removed. The sizeable primary suite with bath and closet space awaits your ideas. The guest suite with ensuite bath is prepared to be finished. A spacious and bright kitchen space is ready for you to design. There is a walk-in pantry, a bright and airy family room with lovely built-in bookcases, and a separate room off the garage that could be an office, studio or third bedroom.
One option is to use the extensive renovations plans that are available for potential buyers, designed by noted Hafner Architects in conjunction with John Olson Construction and Will Wood as Project Manager. These men and their organizations are highly familiar with Mountain Lake construction projects. Polk County building permits are in place. You can finish what has been started or scale back to your liking.
Another option is simply to build out the kitchen and bathrooms – initial drawings for that option have been prepared by Hafner Architects – and move in quickly.
Technical information: the 2. 17 acre property is fully irrigated with a private dedicated well. There are a whole house generator, three air conditioning units, two water heaters, a large two car garage and golf cart garage and a detached shed for additional storage.
This is a singular opportunity, especially in Mountain Lake, to step into a renovation and get exactly what you would like and enjoy.
Features
- Amenities: Fence Restrictions, Gated, Security, Vehicle Restrictions
- Rooms: 9
- Bedrooms: 2
- Baths: 2 full / 1 half
- Laundry: Inside, Laundry Room
- Style: Florida
- Year Built: 1987
- Garage: 3-car Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Garage, Ground Level, Guest, Off Street, Open
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 3,140
- Acreage: 2.17
- Est. Taxes: $3,951
- Lot Desc: Cleared, Corner Lot, Historic District, In County, Landscaped, Level, Private
- View: Garden, Pool, Trees/Woods
- Pool: Gunite, Heated, In Ground, Salt Water
- Pet Policy: Yes
- Appliances: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
- MLS#: P4928897
- Days on Market: 333 days
- Website: https://www.raveis.com
/eprop/P4928897/2300nscenichighway_lakewales_fl?source=qrflyer
Listing courtesy of MOUNTAIN LAKE CORPORATION Phone: 863-676-5900
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2300 N Scenic HIGHWAY, #111, Lake Wales, FL, 33898
$1,225,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $980,000 | $980,000 | $980,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
| Monthly Tax Payment | $329 | $329 | $329 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,602 | $6,356 | $8,740 |
| Total Monthly Payment | $7,056 | $6,810 | $9,194 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388