Under contract-accepting backup offers. *1% towards buyers closing costs/prepaids if contract executed on or before 4/7/24*New home build in the Estates Section of Lake County's premier luxury golf community, RedTail! This brand new home has 5 bedrooms, 3 full bathrooms and two half bathrooms spanning over 4200 living sq ft. The amount of space in this home is truly amazing. Starting in your large kitchen, you will have an eat in breakfast cafe, great room and even an extra dining room off of the kitchen for your formal dining. Continuing downstairs you have your oversized master bedroom which includes everything "oversized" from your wet room (shower/bath combo) to your walk in closet. You will also have an extra spare bedroom or office/library on the first floor. Heading upstairs you will be met with a huge flex space which also includes a mini kitchen for your attached theater room! The upstairs living also consists of 3 bedrooms and a centrally located large laundry room which includes solid wood cabinets and countertops with a built in wash sink. If you are not entertained yet, wait till you see the outdoor space on this home which sits on one of the largest lots in the entire community (. 9 acres). You will have two large outdoor patios/balconies. The upstairs balcony is truly breathtaking. It is over 400 sq ft lined with a luxury floor tile and hand crafted tongue and groove ceiling. Panoramic sunset, lake and golf course views included everyday! Your downstairs patio consists of similar views as well as an outdoor kitchen for your entertainment. Take the steps off of the patio to enter your own . 9 acre oasis of a yard. Endless possibilities with this lot, including plenty of room to add an amazing pool! And if you are an awesome party host, there is no shortage of parking! Large three car garage with oversized paved driveway as well an additional front entrance semi circle paved driveway. This home is located only 5 minutes to SR429 giving you quick access to downtown Orlando, nearby hospitals, beaches etc!
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$1,199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 6.915% |
Monthly Tax Payment | $146 | $146 | $146 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,462 | $6,301 | $8,488 |
Total Monthly Payment | $6,733 | $6,572 | $8,759 |
* 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.