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Under contract-accepting backup offers. MAJOR PRICE REDUCTION!!! Welcome to 753 Glenwood Road — an exceptional 1. 86-acre property in the heart of DeLand that offers space, versatility, and endless opportunities. With A-3 zoning, cleared land, and full fencing, this property is ideal for those looking for a homestead, small farm or garden, chickens, or simply room to spread out and enjoy the Florida lifestyle.
The main home features 2 bedrooms, 2 baths; and 1, 430 sq. ft. of comfortable living space. Although it could use updates, the space is what matters! Just imagine a new, updated kitchen! There is also an enclosed porch off of the living room; need a 3rd bedroom? Finish this space off for that extra living space! Just steps away, the garage includes an attached studio apartment, perfect for guests or extended family. An additional detached 1/1 structure is also on the property behind the main home. Again, these spaces need attention but with some sweat equity and time, this could be an amazing compound! Altogether, the property offers 2, 778 sq. ft. under roof. The main house & garage roofs were fully replaced in 2019. The main house AC was replaced in 2022.
Bring your RV, toys, or equipment — there is a large carport behind the main house, as well as a power hookup for an RV and plenty of room for storage or future projects. The open, cleared acreage and full fencing make it ready for animals, gardens, or outdoor recreation. And don't forget the workshop! Ready for you an your projects - insulated & has power!!
This is more than just a home — it’s a rare opportunity to create your vision on a prime piece of land in sought-after DeLand. Don’t miss your chance to make 753 Glenwood Road your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $279,920 | $279,920 | $279,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.443% | 5.668% |
| Monthly Tax Payment | $657 | $657 | $657 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,634 | $1,724 | $2,269 |
| Total Monthly Payment | $2,366 | $2,456 | $3,001 |
* 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.