Under contract-accepting backup offers. The Mountains are calling and it's time for the Seller to go so a HUGE PRICE ADJUSTMENT has been made. It won't be easy to leave this tropical paradise with income producing ADU and detached 4 car garage to store all of the toys, yet it's time. Live a storybook lifestyle in this 4 bedroom 4 1/2 bath, 4, 225 sq ft main house with additional 899 sq ft 2 bedroom 2 bath ADU. Located on a historically significant parcel of 1. 44 acres the care and planning to create a space for all family members to live is evident. Amazing curb appeal immediately draws you in. The covered front porch with porch swing and paver flooring is perfect for relaxing with friends and neighbors. Custom 8 ft double entry doors make moving day so much easier! The 4 bedroom, 4 1/2 bath main house has 4, 225 feet of interior living space with a 2 1/2 car attached garage. Open onto an interior filled with natural light that moves beautifully throughout the day. Formal and informal spaces flow effortlessly from living to dining room, butler pantry, kitchen, breakfast room, office, laundry/mud room, great room and primary ensuite all located on the first level. The home captures the view of the fully screened outdoor living area with ceiling fans. If you enjoy entertaining this home is an absolute must. The pool with both heater and chiller for year around perfect temperature has a custom rock feature with cascading waterfall and tunnel water slide. Kaleidoscope pool lighting allows day to night enjoyment as you sip a cocktail at the custom bar with LED lighting. Go directly through the French doors from the pool to the infrared heat sauna in the Primary Suite. Friends and family will feel so welcome in this kitchen. Floor to ceiling cabinetry which is both stunning and practical. The center island with granite countertop has seating and additional under counter storage. Storage is plentiful throughout with walk-in pantry, custom walk-in closets in each bedroom, and additional storage rooms on each floor. The kitchen and great room blend seamlessly so you may enjoy the flow of indoor to outdoor. Light a fire in the wood burning fireplace and sit back and relax. The upper level of the home has one private ensuite bedroom, and two bedrooms with a shared Jack and Jill bath. The spacious flex space is completely up to your imagination. The ensuite ½ bath could be expanded for a second full Primary Suite for multigenerational living. Additional options are a home theatre, playroom, office, home gym with an internal storage room that would be perfect for yoga/meditation/pilates. There is a private staircase leading to the outdoors from the flex space. Let’s move on to the Accessory Dwelling Unit (ADU). A 2 bedroom 2 bath, 899 sq ft apartment on separate electrical meter resides over the detached four car garage. Consider the additional income this could bring as a rental! There are both a staircase and lift elevator to access the ADU. Open living, dining, full kitchen. Vinyl plank flooring, stainless steel appliances, quartz countertops and full size washer and dryer are a few of the ADU amenities. This parcel is the largest in the neighborhood with a historically significant cemetery deeded to the property. Impeccably maintained and located within the highly sought-after Nelson/Mulrennan/Durant school district. Non-Mandatory Flood Insurance 'X' FEMA flood zone. Convenient access to local parks, major shopping, . Boundary survey and clear current 4 Point Inspection reports available.
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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 | $958,400 | $958,400 | $958,400 |
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 | $755 | $755 | $755 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,538 | $6,296 | $8,548 |
Total Monthly Payment | $7,418 | $7,176 | $9,428 |
* 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.