Enjoy maintenance-free living close to the beach, boating, shopping and restaurants in this spacious, well-appointed villa that lives like a single-family home in the highly-desirable River Reach gated enclave on the Imperial River. Impressive two-story round foyer with custom artisan stained-glass door insert, exceptional trim and moldings throughout, 3 ensuite bedrooms in addition to luxurious primary suite (1 bedroom currently used as den/home office), private elevator. Enjoy your private gas-heated, saltwater pool and spa, spectacular primary bedroom suite with sitting area, spa-like bath, upstairs lanai overlooking canal and Imperial River, custom California closet. Open floor plan ideal for easy entertaining and indoor-outdoor living. You will have trouble finding a space that has not been improved - from the updated kitchen featuring leathered Quartzite countertops, newer hood, and stone backsplash, to the refreshed outdoor area featuring outdoor kitchen, fireplace, pool bath and new LED pool lighting. French oak wood or tile flooring throughout. New roof in 2023, added wine room and butler's pantry (2023). Exceptional storage spaces throughout. Enjoy the beach and boating lifestyle without worry - home is elevated and storm protected with impact windows and doors, roll down shutters on main and upper level, whole house generator. Walk or bike to Barefoot Beach or nearby boating. Enjoy a day at your nearby golf, tennis, yacht or beach club. Low HOA fees include exterior painting and roof, lawn and landscape, weekly pool service, and pest control. Jewelry safe in primary bedroom excluded. Boat dock behind home is not available for purchase and does not convey. Easy opportunities to walk or bike to your boat within community and nearby (subject to availability) or enjoy the ease of membership at one of the nearby boat clubs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
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 | $1,371 | $1,371 | $1,371 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,446 | $7,166 | $9,827 |
Total Monthly Payment | $8,942 | $8,662 | $11,323 |
* 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.