Mediterranean LAKE FRONT executive custom home in the desirable Seminole County community of LAKE FOREST. Enjoy water views from almost anywhere in the house! The Owner's Retreat plus an additional bedroom and a professional grade theater room can be found on the first floor, along with a home office with built-in partner's desk and shelving, formal living and dining rooms, large family room, laundry room and a kitchen any chef would be thrilled to have! The kitchen features a large center island breakfast bar with sink, gas cooktop, built-in ovens, reverse osmosis and huge pantry. The family room has a custom built-in entertainment center and sliding doors that open from the corner to reveal the expansive lanai with pool, paver stone patio, SUMMER KITCHEN, gas fireplace and lake views, making the indoor and outdoor become one. The HOME THEATER will not disappoint- 9 reclining theater chairs, 10 ft screen, projector, Sony Atmos sound system and black-out shades that are all controlled with the push of a button! Upstairs there are 3 additional bedrooms, 2 bathrooms, a 2ND LAUNDRY ROOM and a large BONUS ROOM with 20x20 PATIO overlooking the water. An oversized 4 CAR GARAGE accommodates your vehicles plus half has been transformed into a top of the line WORKSHOP. This along with the INSULATED ATTIC and storage space provides an additional 1300 sq ft of AIR-CONDITIONED SPACE that is not recorded in public records. 4 AIR CONDITIONER UNITS replaced within the last year and have a 10 year maintenance plan and warranty. 5th unit for garage/storage was installed in 2020.
Lake Forest offers a 24-hr guarded & gated entry with resort-style amenities: 10, 000 sq ft clubhouse w/ newly remodeled fitness room, Jr. Olympic-sized swimming pool, heated spa, kiddie pool, playground, 55-acre private spring-fed lake, fishing pier, new lighted tennis courts, new pickleball courts & a sports court. Lake Forest has been designated at a National Wildlife Habitat and has a newly added butterfly and pollinator garden. Lake Forest is zoned for Seminole County schools and is close to all that Central Florida has to offer! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $922 | $922 | $922 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,915 | $10,645 | $14,270 |
Total Monthly Payment | $11,962 | $11,692 | $15,317 |
* 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.