Equestrian TRAIL, Sorrento, FL, 32776 | $679,000

Discover this picturesque SPRAWLING 12. 5 acre parcel situated in Sorrento, Florida. Here is the perfect opportunity to build your Dream home on this piece of tranquility nestled among like properties in one of Central Florida’s Premier Horse Communities. Located on Equestrian Trail in the southeast corner of Lake County, this area is known for its upscale estate homes and horse ranches. Affording country living at its best, located with easy access to the diverse and local amenities of quaint Historic Mount Dora (also known as Festival City) and convenient to recent Lake County development offering shopping, dining, medical and recreation. With easy access to I-4 and the 429, taking only 30 minutes to reach Orlando, and only a short drive to the growing areas of Sanford & Lake Mary & under an hour to Florida’s east coast beaches. In addition with the completion of the Wekiva Parkway extension (429), the parkway will bring convenience to area residents, making travel easier & reducing commute times between Sanford and Sorrento, among other destinations around Orlando. When you drive Equestrian Trail and the surrounding neighborhoods you will see custom built homes, barns, stables, and steeplechase. This plot represents an extraordinary opportunity to cultivate a horse farm, establish a homestead, or seek a private retreat nestled among like properties. LAST CHANCE to call a Team Member for additional information on Equestrian Trail. We have SOLD the other two parcels. A LARGE SECTION OF EQUESTRIAN TRAIL HAS BEEN REPAVED, MAKING ACCESS FOR YOUR CLIENT EASY!

Features

  • Lot Size: 712 x 765
  • Lot Desc: Buildable, Street Dead-End, Zoned for Horses
  • Elem. School: Sorrento Elementary
  • Middle School: Mount Dora Middle
  • High School: Mount Dora High
  • Pet Policy: Yes
  • MLS#: O6049011
  • Days on Market: 587 days
  • Website: https://www.raveis.com
    /prop/O6049011/equestriantrail_sorrento_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/29/2024 10:54:30 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 407-647-1211

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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
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Robert.Reade@raveis.com

Our Insurance Division:

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Equestrian TRAIL, Sorrento, FL, 32776

$679,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $543,200 $543,200 $543,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.625% 7.375% 6.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.157% 7.548% 6.760%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,845 $3,752 $4,729
Total Monthly Payment $3,937 $3,844 $4,821

* 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.