996 Fairview AVENUE, Mount Dora, FL, 32757 | $1,975,000

One or more photo(s) has been virtually staged. Significant price reduction of $775, 000. 00! Welcome to the epitome of luxury living in downtown Mount Dora, established in 1874 and 184 feet above sea level. Considered a mountain top town in Florida, Mount Dora is considered high in Florida's relatively flat landscape. This magnificent home located 108 feet above sea level, incorporates a French Chateau-style front exterior while seamlessly transitioning into a modern architectural masterpiece and offers breathtaking views of sparkling Lake Dora. Spanning an impressive 6, 844 square feet under air and a total of 7, 908 square feet under roof, this custom-designed and built residence stands tall as a testament to elegance. As you enter through the arched front door, you are greeted by a foyer that exudes sophistication with its soaring ceilings. The main level features a gourmet kitchen custom designed by artist Jeffrey Mann that is every chef's dream. The solid walnut cabinets and mahogany butcher block countertop create a warm and inviting ambiance. High-end appliances, including a Sub-Zero refrigerator, dual dishwashers, and double ovens ensure that culinary delights are prepared with ease. The cooktop is natural gas, which enhances both efficiency and style. Enjoy entertaining your family and friends in the adjacent family room overlooking Lake Dora. The spacious living room is a haven of comfort and grandeur. A natural gas fireplace adds a touch of cozy elegance, providing warmth on cool evenings. Large windows fill the room with natural light and offer panoramic views of Lake Dora. This three-story residence with elevator access to each floor boasts five luxurious bedrooms and four and a half bathrooms, providing ample space for family and guests. Each bedroom is thoughtfully designed and appointed with exquisite details. The fifth bedroom on the lower level with an ensuite bath could easily be a mother-in-law apartment, two separate bedrooms, a game room, or additional garage space. Entertainment is taken to the next level in this magnificent home. Descend into the state-of-the-art theater room for an immersive cinematic experience including 8 Palliser recliners. Indulge in your passion for fine wine in the impressive wine cellar, which not only stores your collection but also serves as a beautiful showcase. For added peace of mind, a safe room ensures the utmost security for you and your loved ones. Beyond the interiors, this home offers outdoor spaces that are equally captivating. Step outside onto the expansive covered patio and enjoy the gentle breeze from Lake Dora. The meticulously landscaped gardens, including a butterfly garden, and manicured lawn create a serene oasis, perfect for relaxation and outdoor gatherings. Some additional features of this home include solid concrete construction, category 5 hurricane windows, Rheem tankless gas water heater, utility room dryer hookup is plumbed for a gas or electric, 4 HVAC systems and a state-of-the-art Hoot aerobic sewage system. Every aspect of this home has been carefully crafted and meticulously executed, resulting in a retreat that exceeds expectations.

Features

  • Rooms: 13
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Chute, Laundry Room
  • Style: French Provincial
  • Year Built: 2009
  • Garage: 2-car Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Rear, Ground Level
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 6,844
  • Acreage: 0.34
  • Est. Taxes: $16,116
  • Lot Desc: Landscaped, Sloped
  • View: Water
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • MLS#: G5071232
  • Days on Market: 350 days
  • Website: https://www.raveis.com
    /eprop/G5071232/996fairviewavenue_mountdora_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 7/21/2024 11:53:15 PM)
Listing courtesy of BHHS FLORIDA REALTY   Phone: 352-729-7325

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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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996 Fairview AVENUE, Mount Dora, FL, 32757

$1,975,000

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 $1,580,000 $1,580,000 $1,580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.786% 6.977% 6.830%
Monthly Tax Payment $1,343 $1,343 $1,343
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,512 $10,379 $13,872
Total Monthly Payment $11,980 $11,847 $15,340

* 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.