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8. 5 ACRES AG-ZONED COMPOUND + 4-CAR GARAGE | NO HOA | BUILD YOUR WORKSHOP HERE
THE "IMPOSSIBLE TO FIND" FLORIDA COMPOUND.
Stop looking for a house and start looking for a legacy property. Sitting on 8. 51 acres of Agriculture-Zoned land with NO HOA, this 2015-built custom estate is not just a home—it is a blank canvas for your business, your toys, or your extended family.
THE LAND & FREEDOM:
Zoned Agriculture (Ag) means freedom.
• Business Owners: Need to park excavators, work trucks, or trailers? You have acres of open, high-and-dry pasture ready for your heavy equipment.
• The "Barndo" Dream: The property is primed for a massive 60x80 metal building, workshop, or barn.
• Multi-Generational Potential: With over 8 acres, this site is a prime candidate for a future Guest House (ADU) or second family dwelling (buyer to verify with Lake County). Stop squeezing your family into a subdivision and build your compound here.
THE TOY BOX (4-CAR GARAGE):
A car collector’s dream or a mechanic’s start-up. The additional garage/workshop offers massive storage for classics, boats, or a professional-grade workshop right off the kitchen.
THE ANCHOR HOME:
While you build your dreams outside, live in modern luxury inside. Built in 2015 (not a 1980s fixer-upper), this 2, 048 sq. ft. home features soaring cathedral ceilings, zero carpet (tile/laminate throughout), and a wide-open floor plan designed for entertaining. The kitchen overlooks the family room, making it the perfect hub.
BONUS FEATURES:
• Private Boat Ramp: Launch your skiff or jet skis directly from your backyard into the private pond/lake access.
• Utilities: Private well and septic = NO water/sewer bills.
• Irrigation: Fed directly from the lake to keep your green space lush for free.
Located in the quiet privacy of Umatilla but just minutes from town. If you have outgrown your HOA, your driveway, and your storage unit—40610 Babb Rd is the answer. Schedule your private tour today.
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:
$850,000
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 | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.082% | 5.858% | 5.806% |
| Monthly Tax Payment | $220 | $220 | $220 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,808 | $3,968 | $5,601 |
| Total Monthly Payment | $4,120 | $4,280 | $5,913 |
* 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.