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Introducing the 2024 Kingswood Model by Nobility, the newest home available in the highly sought-after Saddlebag Lake Resort, a 55+ gated community in Lake Wales. This beautiful 2-bedroom, 2-bath home is perfectly situated on a desirable corner lot, directly across from the clubhouse and community amenities. Inside, you’ll find an open concept floor plan with a spacious kitchen that includes an island with sink, a designated dining area, and an inside utility room complete with washer and dryer. Easy-to-clean flooring flows throughout the home for low maintenance living. Both bedrooms are private en-suites, offering comfort and convenience, while the exterior is designed with a maintenance-free yard and no grass to mow. Just beyond the backyard is a greenway that leads directly to the water, giving you easy access to the lake and a serene outdoor setting.
Saddlebag Lake Resort is a resident-owned community known for its vibrant and welcoming atmosphere. Residents enjoy peace of mind with 24-hour gated security and an array of resort-style amenities. The community offers a heated swimming pool, hot tub, sauna, clubhouse, library, and billiards room, as well as a fitness center and exercise facilities. Outdoor recreation includes tennis and pickleball courts, shuffleboard, horseshoes, a driving range, and a dog park. The community is golf cart friendly, making it easy to navigate the grounds. For water enthusiasts, there is a boat ramp, fishing pier, and direct access to Saddlebag Lake, which is well known for its bass, crappie, and bluegill fishing. The community also features a private U. S. Post Office and hosts frequent social activities such as parades, bingo, card games, clubs, and live entertainment, ensuring there is always something to do.
The location is ideal, situated just nine miles from downtown Lake Wales where shopping, dining, and medical facilities are easily accessible. Major routes including US-27 and SR-60 provide convenient access to Orlando, Tampa, Vero Beach, Bok Tower Gardens, Lake Kissimmee State Park, and Legoland. Homes in Saddlebag Lake Resort are designed for easy living with minimal exterior upkeep, allowing residents to focus on enjoying the community’s active lifestyle. HOA fees include maintenance of common areas, amenities, and security, providing excellent value.
This 2024 Kingswood Model blends modern design with resort-style living, offering the perfect combination of comfort, convenience, and community in one of Central Florida’s most desirable 55+ neighborhoods.
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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 |
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|---|---|---|---|
| Loan Amount | $119,200 | $119,200 | $119,200 |
| 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% | 6.419% | 5.668% |
| Monthly Tax Payment | $218 | $218 | $218 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $696 | $734 | $966 |
| Total Monthly Payment | $989 | $1,027 | $1,259 |
* 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.