Historic charm & character meet modern style & function directly across from Lake Cherokee on a 0. 23-acre corner lot. Located in the desirable Cherokee Park neighborhood & built in 1928, this craftsman-bungalow style home w/ full guest suite, 2-car garage & 1-car carport, is a contributing structure to the Historic District. In 2020, the owners selected Ted Maines Interiors & Skolfield Homes to pursue a modern and meticulous renovation. From the front walkway to the wrap-around porch, to the light infused, foyer & family room, your guests will appreciate the attention to detail & enjoy the direct lake views. Wood floors, tall ceilings, statement light fixtures & extensive millwork are featured throughout the 2, 631 living sf of the main home. Millwork in the family room includes the exquisite wood-burning fireplace surround, moldings & an artfully designed wide, wood-clad opening between the family room & adjacent kitchen & dining areas, which creates easy flow & flexible use between the spaces. The kitchen highlights incude stainless appliances, custom cabinetry, gas range w/ vent hood, quartz countertops, wood ceiling detail, kitchen island & peninsula w/ ample storage & bar seating. Conveniently tucked-away, off the kitchen is the laundry/mudroom area with front loading washer and dryer (2019). Old window seats in the dining room were transformed into a luxe banquette style dining space that comfortably accommodates a large group around the circular table positioned under the FLOS multi-pendant light fixture. At the back of the main house, the spacious family room & powder bath were updated to include custom tile, grasscloth wallpaper, dramatic ceiling beams & coordinated electronic shades. From the family room, French doors open to a sizeable, screened porch w/ composite decking suitable for lounging while someone else takes a dip in the heated pool or hot tub. The primary suite, two alternate bedrooms & another full bath complete the upstairs. The primary suite features floor-to-ceiling drapes, 2 large Avia pendant lights, a private 2nd floor open patio, walk-in closet w/ organization & bath w/ large vanity & walk-in shower w/ glass enclosure. The property is zoned R2 & includes a full guest suite, which is located above the 728 SF detached & air-conditioned 2-car garage. The guest suite is 514 living SF composed of general living space, full kitchen, bedroom & bath. The garage was renovated in 2023 w/ epoxy flooring, composite moldings, new A/C, a 1/2 bath & mounted outside shower. This garage is almost twice the size of a standard garage and does not contribute to the 3, 145 total living SF of the property. The added space could be used as a gym, cabana, workshop or simple storage. The property is privatized & secured by a handsome brick border wall w/ 2 coded gates. Hurricane shutters are organized & stored under the elevated screened porch for convenient access. Along w/ extensive cosmetic enhancements, major updates over the years, include 2 electrical panels (2010), 3 HVAC systems (2003/2015/2023), complete plumbing repipe (2017), tankless water heaters (2008/2009), historic window rehabilitation & Indow window inserts in various locations. Seamlessly blending historic charm w/ modern comforts, this distinctive home located just south of Downtown Orlando, offering serene Lake Cherokee views, nearby parks, highly rated schools, & walkable neighborhood w/ all the conveniences of downtown living.
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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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $1,234 | $1,234 | $1,234 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,314 | $8,964 | $12,292 |
Total Monthly Payment | $10,673 | $10,323 | $13,651 |
* 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.