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RARE 5-ACRE COMPOUND OPPORTUNITY IN ENGLEWOOD! Properties like this are nearly impossible to find. This unique offering includes FOUR separate parcels totaling approximately 5 cleared acres, creating the perfect setup for a private compound, multi-generational living, investment opportunity, or future estate retreat. The main homesite at 1135 Range Road features a charming 2-bedroom, 2-bath home with an updated kitchen, situated on a spacious 1. 29-acre parcel measuring approximately 231’ x 239’. Public water and sewer are already connected, offering convenience rarely found with acreage properties. The home also features a fully fenced backyard, circular driveway, multiple storage sheds including a large 10x30 shed, and plenty of room for RVs, boats, workshops, detached garages, guest homes, or future expansion. Connected to the property are THREE additional parcels, each approximately 1. 2 acres and individually buildable. Each lot allows for a primary residence plus a mother-in-law suite, opening the door for an incredible range of possibilities including a true multi-home estate, private getaway compound, rental income opportunities, or future development potential Adding to the privacy and peaceful setting, the property backs up to approximately 30 acres owned by Englewood Water District. Horses and chickens are welcome, bringing even more flexibility and country charm while still being just minutes from Englewood beaches, shopping, restaurants, golf, and everyday conveniences. Utilities are nearby for the additional parcels, allowing you to build now, build later, or hold for future value. With NO HOA restrictions, endless flexibility, and four separate parcels included in the sale, this is a truly rare opportunity to create something special that simply cannot be replicated in today’s market.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $545 | $545 | $545 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,557 | $4,618 | $6,413 |
| Total Monthly Payment | $5,194 | $5,255 | $7,050 |
* 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.