8946 CHERRY LAKE ROAD, Groveland, FL, 34736 | $1,549,000

LAKEFRONT PRICE IMPROVEMENT…. It’s a dream come true for you right here, luxury living directly on the Clermont CHAIN OF LAKES in this single story Executive Home boasting a total of over 7000 square feet under roof to include 5bd/5ba/5 car garage spaces on a private 1. 45acre parcel. This pristine Estate consists of a 4-bedroom 4-full bathroom Main House with an attached 3 car garage and a Detached Secondary Dwelling currently used as a 1-room 1-full bathroom game room that can be used as a Guest house/in-law suite with an attached 2 car garage. Can’t wait to see it? Take a video walk through right now by clicking this link: https: //vimeo. com/794693705 This home has all the upgrades literally from floor to ceiling as most rooms have decorative tray ceilings along with crown molding, closets galore and you’ll love the Master Suite – JUST WOW. Solid wood and tile floors throughout most of the home, granite counter tops, solid wood cabinets, large windows and French doors so no view is obstructed. The property is all secure with metal fencing, security cameras and an electric security gate with camera/keypad at the top of the drive. The “smart” security access/system there and at both houses can all be run by a push of a button on your smart phone. Worried about storms? NOT here, this custom home is built solid with brick over block construction and never go without power with this whole home Generac protector generator that will run both dwellings if the power goes out and you also have a whole home Kenetico water filtration system. Notice the layout design is perfect so you can face West & enjoy the views of your private lakefront paradise and panoramic sunsets from almost every room in the main house and guest house! The location is perfect on the North shore of 468 acre Cherry Lake, the 4th largest lake on the Clermont Chain, and is nestled in the quiet rural hills of NE Groveland right on the Clermont/Minneola line for the convenience of all nearby townships. Your 1000+ SqFt screened in rear lanai with wet bar is an amazing spot to entertain the masses and watch the sunset. Take your boat to Lake Minneola or Lake Minnehaha and enjoy dinner at a local favorite spot or attend one of the frequent festivities downtown Clermont and at Waterfront Park. Travel through the chain of lakes and crooked river that connect between you and Lake Louisa in South Clermont. Florida’s Turnpike is only 6 miles away, downtown Orlando, MCO International Airport, Walt Disney World® and other theme parks are only 40 minutes away. You are also just 90 minutes away from either coast line of Florida to dip your toes in the water of world famous beaches. Make sure to check out the pictures - information and book your private tour today. Matterport click and walk through each room https: //my. matterport. com/show/?m=yixY38J5vZR&mls=1

Features

  • Bedrooms: 4
  • Baths: 4 full
  • Lot Size: 160x395
  • Laundry: Inside, Laundry Room
  • Year Built: 1996
  • Garage: 5-car Boat, Driveway, Garage Door Opener, Garage Faces Side
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,333
  • Acreage: 1.45
  • Lot Size: 160x395
  • Est. Taxes: $5,201
  • Lot Desc: Oversized Lot
  • View: Water
  • Elem. School: Groveland Elem
  • Middle School: Clermont Middle
  • High School: South Lake High
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Range Hood, Refrigerator, Water Filtration System
  • MLS#: G5064784
  • Days on Market: 261 days
  • Website: https://www.raveis.com
    /eprop/G5064784/8946cherrylakeroad_groveland_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 12/5/2023 9:32:19 AM)
Listing courtesy of BONJORN REAL ESTATE   Phone: 352-394-2112

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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

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8946 CHERRY LAKE ROAD, Groveland, FL, 34736

$1,549,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,239,200 $1,239,200 $1,239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.375% 7.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.506% 7.480%
Monthly Tax Payment $433 $433 $433
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,454 $8,559 $11,312
Total Monthly Payment $9,012 $9,117 $11,870

* 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.