Welcome to your dream home! This stunning 4-bedroom, 3-bathroom residence is situated on an amazing 0. 67-acre lot in the exclusive gated community of Reserve at Lake Washington in Melbourne, FL. As you approach, the circular paved driveway and a magnificent palm tree set an impressive tone. A three car garage is tucked to the side and a spacious covered porch and inviting French doors await beyond the driveway. Inside, a grand foyer leads to a spacious great room with a triple-tray ceiling and retractable sliding doors opening to the pool area. To the right, a generous dining area with a double tray ceiling adjoins a custom kitchen featuring beautiful cabinets, a farm-style sink, built-in appliances, and a central prep island. The kitchen also reveals a breakfast nook and access to the pantry, laundry room, and a pass-through to the dining area. Moving to the right, discover one of four bedrooms, with dual closets and an adjoining bathroom. To the left of the kitchen, two more spacious bedrooms share a bathroom with pool access. The primary bedroom, situated on the opposite side of the house, features a luxurious bathroom with two vanities, a makeup area, and a walk-in shower with three shower heads. Two closets lead to the primary bedroom with double tray ceilings and access to the pool area. Step outside to the serene pool area, perfect for relaxation and entertainment. A covered outdoor kitchen with a built-in grill, prep area, sink, and fridge complements the pool space. Beyond, the vast backyard offers a scenic view of the lake and sunsets. This home boasts 11-foot ceilings and integrated sound speakers throughout, creating a luxurious and inviting atmosphere. Don't miss the chance to make this extraordinary property your own!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$968,900
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 | $775,120 | $775,120 | $775,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,288 | $5,092 | $6,913 |
Total Monthly Payment | $5,868 | $5,672 | $7,493 |
* 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.