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Under contract-accepting backup offers. Welcome Home to The Forest at Rainbow Springs. Incomparable attention to detail and presentation elevates this 2601 sf concrete block construction 3 bedroom 2 bath with bonus 4th bedroom/office/in-law suite, 2-car garage pool home above ALL competition. Stunning in-ground concrete-finished pool and spa with brand new salt water system and huge screened enclosure, Fresh interior and exterior paint and brand new luxury vinyl plank flooring in all bedrooms, dual AC units, and tankless hot water heater on 1. 44 acres. The spacious entry invites you to relax under high ceilings with a wide open floor plan that provides an exceptional venue for gathering. A true split layout, you'll find the huge primary suite with his and hers walk in closets and en suite bath a truly private retreat The kitchen is a chef's dream with an abundance of cabinetry, stainless steel appliances, granite countertops, and corner pantry. As you explore The Forest, the tranquility, peace, privacy, and pride in presence that distinguishes this community from all others, fills the soul with a sense of calm. Surrounded by nearly 1, 600 acres of State Park land, you'll find cordial neighbors walking their dogs along the well-maintained wooded lots, and wild deer roaming among the trees. Experience old Florida at Rainbow Springs State Park a few minutes down the road with miles of walking trails that follow the river. World renowned Rainbow Springs is 6 miles of clear spring fed water in Marion County, Florida with a constant temperature of a refreshing 71 degrees year round. The Rainbow Springs Property Association provides exclusive Rainbow River Access, with pavilions that can be rented for outdoor gatherings, a beautiful private beach, and clear waters for floating on your inner tube, or paddle boarding down the river to Swampy’s Bar & Grill on the Rainbow River. The Association also provides fitness facilities, community center and community Pool. You'll always find a match on the tennis courts and pickleball courts. Favorable rentability in this unincorporated location and just minutes to Rainbow River, the World Equestrian Center, Downtown Ocala, I-75, and Downtown Dunnellon, where you’ll find all your shopping needs. This property has easy access to Crystal River, Silver Springs, as well as Gainesville, Orlando and Tampa/Saint Pete, a perfect getaway for owners needing flexibility. Marion county continues to be an in-demand location for furnished and unfurnished rentals, making this location and property a perfect investment, or place-holder to lock in while you wait to make your Florida dream a reality! Experience all the life this home and The Forest at Rainbow Springs has to offer.
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Our Executive Mortgage Banker:
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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 |
|
|---|---|---|---|
| Loan Amount | $454,320 | $454,320 | $454,320 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.648% |
| Monthly Tax Payment | $866 | $866 | $866 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,615 | $2,761 | $3,682 |
| Total Monthly Payment | $3,573 | $3,719 | $4,640 |
* 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.