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Welcome to 290 Federal Point Rd, a stunning modern ranch-style farmhouse built in 2020, offering a blend of elegance, comfort, and rural charm. Situated on 8. 8+/- acres, this agriculturally zoned property allows for livestock and farming, making it an ideal choice for those seeking a homestead. Perfect for generational living, home schooling, or work from home families, step inside this expansive one-story home featuring 6 bedrooms, 3 bathrooms, and an open-concept living area designed for both relaxation and entertaining. The living room showcases a beautiful brick wood-burning fireplace, adding warmth and character to the bright, neutral interior. Throughout the home, wood vinyl flooring enhances the seamless, modern aesthetic. The bright open kitchen is the heart of this home, featuring granite countertops, a farmhouse sink, sleek stainless appliances, and a spacious walk-in pantry with ample storage. There are two primary suites with ensuite bathrooms on each end of the home overlooking the front yard and 2 Bedrooms on each end of the home overlooking the back yard. Each of the three full bathrooms is designed with double vanities and stone countertops, combining style and functionality. A large laundry room offers additional storage and a utility sink for added convenience. Outdoor living is a highlight with a 900+ sq. ft. covered porch, perfect for enjoying the peaceful surroundings. The attached three-car garage spans over 1, 000 sq. ft. , providing abundant space for vehicles and storage. Additionally, the property boasts a detached 875 sq. ft. storage building, ideal for a workshop or hobbies, with an RV Hookup. Nature lovers will appreciate the fenced pasture for horses or goats, chicken coop, private pond, and wooded areas. The property runs along the Hastings Drainage District property and provides for an excellent opportunity for fishing and boating on the canal. Enjoy the best of country living while being just a short drive from Palatka, St. Augustine, and I-95. Whether you're looking for a spacious family home, a hobby farm, or an investment with agricultural potential, this property is a rare gem in a serene yet accessible location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.202% | 6.121% | 6.011% |
| Monthly Tax Payment | $672 | $672 | $672 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,122 | $4,293 | $5,946 |
| Total Monthly Payment | $4,886 | $5,057 | $6,710 |
* 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.