2425 STILLWATER LAKES DRIVE SW, Palm Bay, FL, 32908 | $899,900

Renowned as one of the very finest ski sites, Stillwater Lakes offers exceptional skiing conditions and the privacy you've sought! This gated enclave consists of only 18 lakefront lots that enjoy exclusive ownership and access to the two WORLD-CLASS, PRIVATE WATER SKI LAKES, and is home to champion skiers and passionate enthusiasts alike. This 3 BR, 2. 5 bath custom-built home is steel frame, and beyond the nearly 2300 ft living space, offers 3863 sq ft total, including a roomy garage, and sensational features throughout. Upon arrival, the captivating rich Florida greenery at the center of the circular driveway casts a veil on the classically inviting traditional architecture, evoking a feeling of old Florida that is commonly familiar, yet so often difficult to find. It is a theme that continues–from the lush landscaping, tidy pathways and a beachy boardwalk to the outstanding boathouse atop tropical water, the latitude exudes its tranquility and warms the senses. Inside, distinctive stone tile and granite countertops are complemented by rich hardwood cabinetry, crown molding and elegant fixtures. Views to the lake are the focal point of all rooms–and vast verandas, front and rear covered lanais, and the screen porch, with columns clad in decorative stone, serve to blend home to the environment. Set on more than an acre and 124 feet of lake frontage, be greeted by sensational Florida sunrises every waking morning, as you head to your private dock to enjoy the magical skiing conditions. Stillwater Lakes hosts several three event water ski tournaments annually, and is ideally situated only minutes from the beaches, and an easy drive to Melbourne and Orlando airports, as well as Disney and the area attractions. Truly a very special opportunity to enjoy one of the very best circumstances for water skiing, anywhere in the world.


  • Amenities: Gated
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 124x425
  • Laundry: Inside, Laundry Room
  • Style: Traditional
  • Year Built: 2008
  • Garage: 2-car
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 2,248
  • Acreage: 1.21
  • Lot Size: 124x425
  • Est. Taxes: $8,331
  • HOA Fee: $3,795 Annually
  • Lot Desc: Cleared, Oversized Lot, Sidewalk
  • View: Golf Course, Greenbelt, Trees/Woods, Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Washer, Water Purifier
  • MLS#: O6101469
  • Days on Market: 182 days
  • Website: https://www.raveis.com
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 12/4/2023 7:04:12 AM)
Listing courtesy of LAKEFIELD REALTY GROUP LLC   Phone: 407-383-6497

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NMLS Mortgage Loan Originator ID 16953



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William Raveis Mortgage, LLC

Phone: 917.838.7300


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 $719,920 $719,920 $719,920
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 $694 $694 $694
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,911 $4,972 $6,572
Total Monthly Payment $5,697 $5,758 $7,358

* 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.