Nestled in the private gated community of Edgewater, this stunning lakefront home offers an unparalleled blend of luxury, tranquility, and convenience in Babcock Ranch, Florida. Situated on Lake Timber, one of three recreational lakes in the area allowing private boat docks, this property is a dream come true for outdoor enthusiasts and those seeking serene waterfront living. This beautifully upgraded 2-bedroom, 2-bathroom home with a den/office boasts 1, 889 square feet of elegant interior space. Highlights include zero-corner sliding doors that seamlessly blend indoor and outdoor living, upgraded wood-style tile flooring throughout, and an expanded lanai with a breathtaking picture screen window framing year-round sunrise and sunset views over the lake. The gourmet kitchen features upgraded cabinets, countertops, appliances, and an exterior-ventilated range hood, making it perfect for culinary adventures. Relax in the master suite with its luxurious upgraded tub and shower, tray ceiling, and crown molding. Outside, the heated saltwater pool with LED lighting, enhanced brick pavers, and Wi-Fi-enabled controls creates the ultimate space to unwind or entertain. For added peace of mind and convenience, the lanai is equipped with Storm Smart hurricane shutters, operable via Wi-Fi or remote control, providing reliable protection during stormy weather. Edgewater offers a sense of community with just 168 homes, a private heated pool, and close proximity to Founder’s Square—home to food trucks, live music, and the upcoming B Street Expansion arts and entertainment district. With its spacious backyard, tandem garage for extra storage or a golf cart, and negotiable furnishings, this home is ideal for snowbirds, empty nesters, or small families ready to embrace the Florida lifestyle. Don’t miss this rare opportunity to own a home with premium upgrades, a tranquil setting, and access to the best of Babcock Ranch. Schedule your private tour today!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,200 | $519,200 | $519,200 |
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 | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | $734 | $734 | $734 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,451 | $4,452 |
Total Monthly Payment | $4,280 | $4,277 | $5,278 |
* 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.