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Under contract-accepting backup offers. RECENT PRICE ADJUSTMENT ON THIS STUNNING CUSTOM BUILT HOME IN BURNT STORE LAKES THAT IS NOT IN A FLOOD ZONE. THIS HOME FEATURES 3 BEDROOMS, 3 BATHROOMS, OFFICE, AND A 3 CAR GARAGE. This home was designed and built with handicap accessibility in mind so all interior and exterior doors have a 3' opening. This home was built on a large 1/2 acre lot with a wide open greenbelt to the rear. Sitting on the lanai all you see is the open greenbelt area with an Eagles Nest in the wooded area to the left. When entering thru your beautiful 8' entry doors into the foyer you have a private office to the right. The large great room features a custom entertainment wall with lighted glass cabinets on each side, a double tray ceiling and sliders that pocket to the lanai. Kitchen features solid wood cabinets with beautiful granite tops and stainless steel appliances, with a center work island and 2 pantry closets. Breakfast bar has room for at least 4, and the entire area is open to the great room. The dining area is huge with lots of natural light from windows. The open area features 18" tiles laid on a diagonal. The master bedroom is a very nice sized room with newly installed luxury vinal flooring, with windows facing the green belt and windows on either side of where the bed may be. In the hall way leading into the ensuite are 2 walk-in closets, and a private water closet, double sinks and a very large walk-in shower. The other 2 bedrooms, one with carpet and other with luxury vinyl flooring. The second bedroom, (2nd master suite) is HUGE with a walk-in shower and closet. Special feature include a whole home generator with a 500 gal buried propane tank, well for irrigation that will save a lot on your water bill, and the 2nd master has a mini-split AC unit for added comfort. The community of Burnt Store Lakes is deed restricted and golf cart friendly with mostly custom built homes. A Large community park for our monthly potlucks or reserve for a family picnic or function. Park has several pavilions as well as a playground for the little ones. Many sidewalks for biking or walking and if you want peace and quiet take a walk along Bear Branch Creek into the park along the winding creek. Community also has 11 freshwater/brackish lakes that are filled with fish, many birds and wildlife. Also we have a community canoe/kayak launch for our residents. We are lucky to live across the street from Burnt Store Marina, the largest marina in SW Florida, with 500+ in water slips, dry stack and outside storage and a boat ramp. Marina also has a 27 hole golf course with 2 on-site restaurants. If you head in to the Historic town of Punta Gorda you will be pleasantly surprised how quaint and charming the town is. There are many shops and restaurants that have outside seating for meals, cocktails and many offer nightly live music. Just outside the main part of town is Fisherman's Village with restaurants and lots of great local shops all with fantastic views of Charlotte Harbor and the Peace River. ALSO SW Florida offers some of most beautiful sunsets around. This could become your "Little piece of Paradise". I've always said, Come for a visit and stay for a lifetime!!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $452,000 | $452,000 | $452,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $436 | $436 | $436 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,707 | $2,820 | $3,723 |
| Total Monthly Payment | $3,235 | $3,348 | $4,251 |
* 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.