![]() |
PARK PLACE ON LAKE JOANNA - A RARE OPPORTUNITY!
If you could choose two words to describe the ultimate real estate location, "Park Place" would undoubtedly be at the top of the list. Now, pair that with "Lake Joanna, " and you have a property more desirable than the one you always dreamed of owning while playing Monopoly. PARK PLACE ON LAKE JOANNA is the ultimate address for those seeking a neighborhood where pride of ownership shines, neighbors are friendly, and access to a 335-acre, spring-fed private lake offers endless opportunities for boating, fishing, jet skiing, and water skiing.
This perfectly sized 3-bedroom, 2-bathroom split-floorplan home is nestled on a 1/3-acre corner lot in the heart of Park Place on Lake Joanna. Enjoy the nearby playground with your little ones, stroll the winding streets with your dog, or drop a line in the lake to catch the prize Largemouth Bass you've been waiting for.
Conveniently located atop the Mount Dora Ridge and along Lake Joanna’s eastern shore, this central Florida subdivision is perfectly situated between the historic downtowns of Eustis and Mount Dora. With easy access to the new Beltway interchange, you’re just a short drive from Orlando’s big city attractions, including world-famous theme parks.
Lovingly maintained over the years, this home exudes the owner’s pride, with meticulous attention to detail. The open, split-bedroom floorplan features soaring ceilings and abundant natural light. Recent updates include a beautifully remodeled kitchen and master bathroom, complete with 42-inch solid wood, soft-close cabinetry with crown molding, Cambria countertops, and a farmhouse sink in the kitchen. The master bath boasts dual sinks, an expansive walk-in shower with dual showerheads and a bench, plus a linen closet with pull-out drawers and a separate vanity with additional storage.
The two generously sized walk-in closets are a standout feature, with "hers" featuring designer built-ins. No detail has been overlooked—this home is truly move-in ready!
This is the first time this exceptional property has been offered on the MLS. Will you be the lucky one to make this your new home and put down roots in this sought-after community?
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$485,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.000% | 7.017% | 6.120% |
Monthly Tax Payment | $329 | $329 | $329 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,421 | $2,549 | $3,248 |
Total Monthly Payment | $2,825 | $2,953 | $3,652 |
* 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.