ESTATE HOME SITUATED ON NEARLY 6 ACRES inside the city limits of Lakeland. Tucked well back from the street behind a private security gate you’ll find a nearly 7000 SF of living area (most on one floor) home with 5 bedrooms, 5. 5 bathrooms, an office, upstairs bonus room with ensuite bathroom that could be a 6th bedroom with the addition of a closet, an extensive array of built-in features throughout, plenty of storage space and so much more! Step outside to the large resort size pool area with covered bar area and full bathroom all overlooking the lushly landscaped grounds designed for maximum privacy. Delight in the oversized 3 bay oversized garage that will handle a boat, larger vehicles or up to 6 smaller vehicles parked in tandem plus a separate parking pad for guests. Built in 1990 by a local custom builder to meet the exacting standards of the original owners and then renovated and well maintained by the seller there is absolutely nothing else like it in the Lakeland area! The property also features a beautiful architectural fountain in its own portion of one of the larger Oakbridge ponds. This is truly a one-of-a-kind property that affords seclusion, privacy and yet a great location that is ultra convenient to shopping, dining, medical, recreational and major transportation corridors. A unique opportunity to own a luxurious and private home in a prime location in one of Florida’s fastest growing communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,900,000
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 | $3,920,000 | $3,920,000 | $3,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.851% | 6.915% |
Monthly Tax Payment | $1,176 | $1,176 | $1,176 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,410 | $25,425 | $34,688 |
Total Monthly Payment | $27,711 | $26,726 | $35,989 |
* 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.