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Under Construction. Welcome to an extraordinary custom estate in the privately gated enclave of Carmel, within Arnold Palmer’s Bay Hill Club & Lodge. Perfectly set on an oversized lakeview lot in Dr. Phillips, this 5-bedroom, 7 full and 3 half-bath residence is designed for both grand entertaining and everyday elegance. The first floor showcases soaring 12’8” ceilings, a dramatic great room, formal dining, and a gallery-style foyer anchored by a grand circular staircase. A chef’s kitchen with a single oversized island, pizza oven, wine refrigeration, and adjoining catering kitchen offers the ultimate in culinary luxury. Multiple multipurpose rooms, a private study, and two guest suites provide versatility and comfort. A dedicated massage/yoga/gym room with custom sauna and steam room creates a private wellness retreat.
Upstairs, the expansive owner’s suite features a private sitting area, spa-inspired bath with dual vanities, soaking tub, oversized shower, and custom his and her closets. The second floor also offers two additional bedroom suites, a game room, and a separate sitting room for flexible living and entertaining. Resort-style outdoor living includes a dramatic pool with hot tub and cold plunge, a covered lanai with dual fire features, and a rooftop deck with panoramic lake views. A private boat dock offers direct water access. The home is cutting edge with technological features, including a Lutron Ketra lighting system, Lutron motorized shades throughout, Savant Smart Home Automation system, solar panels with home battery storage system, and net-zero ready design. The four-car garage is lift-ready to accommodate a fifth vehicle, with dual laundry rooms and extensive storage ensuring ease of living. The home will also be delivered custom furnished in the study, family, dining, and covered lanai, offering a seamless move-in experience. Nestled among mature oaks and cypress trees, this rare property offers tranquility while being minutes from world-class dining, luxury shopping, major thoroughfares, and Orlando’s premier attractions. This estate embodies lakeview elegance, modern innovation, and the elevated Bay Hill lifestyle.
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:
$13,500,000
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 | $10,800,000 | $10,800,000 | $10,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,230 | $1,230 | $1,230 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $64,751 | $66,497 | $91,137 |
| Total Monthly Payment | $66,106 | $67,852 | $92,492 |
* 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.