One or more photo(s) has been virtually staged. Executive Dream Home, built by Custom Builder Duane McQuillen, in South Lakeland, Scott Lake area! 3935 interior square feet all on 1 level. This 4 bedroom/3 bath Custom-Built, Pool Home is an Entertainers Dream with state-of-the-art Home Theater, Wine Cellar for 500+ Bottles, full Outdoor Kitchen with 2 Grills and a Pizza Oven, separate Workshop, Garage for up to four Vehicles, central vacuum, all located on a hillside behind lush landscaping, in one of Lakeland’s most coveted neighborhoods. The Lake Point area is a desirable, established enclave of Stately Custom-Built Homes surrounding beautiful Scott Lake. The brick-paved driveway curves up the hill to the oversized, side load garage. The custom Mahogany Front Entrance Double Doors open to the formal areas of the home with a grand view of the pool and tropical landscaping. You will find high-end wood and stone finishes in the interior of this house. The Kitchen was carefully designed for the chef who entertains and demands excellence and organization. The custom cherry cabinets and solid maple island all have pull outs, soft-closing drawers, custom shelving and are topped with a beautiful, gleaming granite. This one-of-a-kind kitchen features a built-in GE Monogram oven and Advantium, a 6-Burner Thermador Cooktop, 2 Dishwashers and a GE Monogram Refrigerator with ice maker and bottom freezer. The Breakfast Room has French Sliding Doors that lead out to the incredible Outdoor Kitchen featuring a Jenn-Air Gas Grill and Hood, Sink and plenty of room for seating. The arches lead you to the extended Outdoor Kitchen with Charcoal Grill, Wood Burning Fireplace, and a Fabulous Roman style Pizza Oven. The Family room features vaulted ceilings and a wood burning fireplace with French doors leading out to the Pool. From the Family room you enter a Bar area with a mahogany barrel roof ceiling, finished with slate floor and wall treatments. This Bar has French doors leading out to the pool and opens to the climate-controlled Wine Cellar. The Wine Cellar has capacity for over 500 bottles, all in custom built mahogany racks. End your day with a perfect evening watching movies in the sound-tuned Theater relaxing in the lounge chairs and enjoying the 133” screen with surround sound that is optimized for the theater experience. Much thought and detail were added to the Theater with African mahogany trimmed, tiger wood panel inlays, down to the 12’ bar with storage and a matching granite top. This home has a true split plan with the 328 sq ft Primary Suite secluded at the end of the West wing of the home, with mahogany engineered wood floors, 2 walk-in closets, built in shelves and French Doors leading out to the lanai. The 2nd bedroom has a surprise bonus room that could be used as a craft room, office, music/reading room or almost anything that you can imagine. The home garage is equipped with a 9, 000 lbs. car lift, which can be used either for vehicle storage to extend its capacity to four cars or provides a playground for the car enthusiast. This home also has a 260 sq ft Workshop that is NOT included in the interior sq ft of the home. It is accessible from the Garage and has double doors that lead to the side yard toward the street. There are many possibilities for this space, as a home gym, dedicated hobby shop, additional storage. . This home does not require flood insurance and there are no HOA expenses. This Pristine, well-maintained home is priced with consideration for your personal touches. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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 | $752,000 | $752,000 | $752,000 |
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 | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $426 | $426 | $426 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,130 | $4,940 | $6,707 |
Total Monthly Payment | $5,648 | $5,458 | $7,225 |
* 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.