Welcome to the Crown Jewel of Lakefront Living! Join with adjacent 24 acres to rezone and develop estate homes or townhomes.
Imagine waking up to the gentle whispers of nature, the sun painting hues of gold on the water, and your dream home nestled on 12. 17 acres of prime, lakefront real estate. This is not just a parcel; it's a canvas where your custom-built home dreams come to life. Feast your eyes on this breathtaking piece of heaven, perfectly situated in the heart of the Connected City, near Epperson Ranch, Mirada, and Watergrass.
This slice of paradise boasts an unparalleled location, just a stone's throw away from the newly announced Johns Hopkins All Children's Hospital, ensuring the convenience of world-class healthcare within 2 1/2 miles. Picture the tranquility of your lakeside retreat while still being in close proximity to the buzz of life – with the Interstate ramp at I-75 and the county recreation center just a short drive away.
What sets this property apart is not just its size, but the thoughtful features that make it an idyllic canvas for your dream home. The 12. 17 acres of fantastic waterfront acreage on ski-sized King Lake are more than just land – they are a promise of a lifestyle. The gentle slope of the land down to the lake unveils a canvas that awaits your architect's touch, a perfect blend of nature's grandeur and modern luxury.
As you explore the property, you'll find a large workshop, a haven for hobbyists and those with a penchant for tinkering. This workshop isn't just a storage space; it's a haven for your vehicles, a place where every project and passion finds its sanctuary. Imagine having the space to cultivate your hobbies, whether it's restoring vintage cars or crafting handmade treasures.
The county maintained road leading to your future abode ensures easy access, making every commute a breeze. And let's not forget the upcoming King Lake subdivision on Kenton – a testament to the increasing desirability of this area, with homes and offices taking shape to create a vibrant community.
This isn't just a piece of land; it's an investment in your future. With the perfect balance of natural beauty and strategic location, this property is a canvas for you to paint your dreams. Dive into the serenity of King Lake, embrace the Connected City lifestyle, and build the home you've always envisioned. The existing 3 bedroom, 2. 5 bathroom Fleetwood built mobile home is in good shape, but really, this is the perfect location to build your large, waterfront paradise!!! The existing 1, 500 sq. ft. workshop is great for hobbies, storing your car collection and waterfront toys!
Seize this golden opportunity and make this lakefront haven yours. The possibilities are as vast as the shimmering waters before you. Act now, and let the journey to your dream home on 12. 17 acres begin!
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:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
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 | $160 | $160 | $160 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,929 | $5,708 | $7,787 |
Total Monthly Payment | $6,214 | $5,993 | $8,072 |
* 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.