This 9 acre LAKEFRONT historic estate is known as The Sarepta Home with a GUEST HOME AND COTTAGE and offers a spectacular sunset view of spring-fed Lake Silver. The estate includes 2 parcels that must be sold together. Adjoining property is 3450 Ohio Avenue, Parcel ID #07-20-31-0210-0000. Enter through the very private decorative gates and the sprawling lakefront estate will take your breath away. The total under-air square footage of the 3 residences combined is 7, 499 +/-. The main house built in 1924 stands alone with 5, 624 +/- living square feet with 5 bedrooms. The cottage home with 4 bedrooms boasts modern amenities while remaining true to its roaring 20's history. Incorporating the new with subtle nods to the past, this home has stayed relevant with gleaming hardwood flooring, high ceilings, and hand-selected finishes throughout the decades. The impeccably designed gourmet kitchen is lined with many custom cabinets well complimented by stainless appliances and granite counters, allowing you plenty of space for entertaining. Lounge and relax in one of the many entertaining spaces, including the theatre room with a projector screen for movie nights and can also be used as a 5th bedroom. End your day’s adventure in the primary suite designed with elegance and grace that includes a private balcony, a walk-in closet, and a lavish spa-like ensuite bathroom. Note-worthy property highlights and amenities include a formal dining room with fireplace, a parlor sitting room, a breakfast nook, massive cedar-lined closets, and a large stone paver driveway. As you walk through the screened-in lanai toward the backyard you will see the true magic of this property following stone paths through lush landscaping that will either take you to the quaint guest house or down to your private beach on spring-fed Silver Lake. The guest house features a total of 3 bedrooms; a garage or gym, a one-bedroom efficiency apartment and the upstairs guest apartment includes 2 spacious bedrooms, a family room and renovated eat-in kitchen all done with the highest quality materials. The Matterport floorplan for the main house is attached in Virtual Tour Link 2. The Matterport floorplan walk-through link for the guest house is here: https: //my. matterport. com/show/?m=JXTkGwToBUq The adjoining property offers a stunning furnished cottage home with three bedrooms, den, kitchen, family room, two bathrooms, and a huge screened porch overlooking the lake. This guest house and cottage home both can be used for Airbnb rentals, producing extra income for the homeowners and a wonderful space to host out-of-town guests or have your wedding. Sanford is a bustling suburb of Orlando and is located within minutes of the Orlando Sanford International Airport and is convenient to restaurants, shopping, schools, and area businesses - making this a perfect spot for future development or expansion. This property can be purchased as land for developers or as a residential home - the choice is yours! Must be sold with adjoining property at 3450 Ohio Ave. Sanford Florida 32773. The total combined acreage of 9. 15 acres represents 3400 Ohio at 4. 93 acres, and 3450 Ohio at 4. 22 acres. Video: https: //www. tourdrop. com/dtour/365102/Video-MLS
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5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.250%||7.375%||7.125%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||7.506%||7.354%|
|Monthly Tax Payment||$780||$780||$780|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$16,099||$16,300||$21,378|
|Total Monthly Payment||$17,004||$17,205||$22,283|
* 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.