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Presented by
Michael Grady |
58 EMERALD OAKS LANE, Ormond Beach, FL, 32174 | $899,000
Welcome to this exceptional opportunity in Ormond Lakes! Priced below the appraised value, this impressive Mediterranean-style estate offers outstanding value for discerning buyers and savvy investors alike.
Situated on approximately half an acre with peaceful water views, the property features more than 4, 400 square feet of living space and over 6, 000 square feet under roof.
Designed for comfortable living and entertaining, the home offers spacious gathering areas, a private pool, and a highly desirable floor plan. While portions of the home have already been updated, there remains an opportunity for the next owner to add their own style and make selective improvements to further enhance this remarkable residence.
Whether you're seeking a spacious family home, a luxury renovation project, or an investment opportunity in one of Ormond Beach's most sought-after communities, this property offers tremendous potential and value.
Residents of Ormond Lakes enjoy an exceptional lifestyle with access to a private clubhouse, community pool, lighted tennis and pickleball courts, basketball court, playgrounds, scenic lakes, a fishing pier, pavilion, walking and jogging trails, bike lanes, and beautiful nature preserves throughout the neighborhood. A historic stretch of Old King's Road winds through the community, providing a picturesque setting for walking and sightseeing.
Conveniently located near shopping, dining, golf courses, and the beach, this rare offering presents the perfect opportunity to enjoy the best of Ormond Beach living while adding your own finishing touches to create something truly special.
Features
- Rooms: 15
- Bedrooms: 4
- Baths: 3 full / 1 half
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Style: Mediterranean
- Year Built: 2000
- Garage: 2-car
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 4,408
- Acreage: 0.57
- Est. Taxes: $7,216
- HOA Fee: $367 Quarterly
- Lot Desc: Landscaped
- View: Pool, Trees/Woods, Water
- Pool: In Ground, Lighting, Outside Bath Access, Screen Enclosure
- Pet Policy: Yes
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
- MLS#: NS1086548
- Days on Market: 224 days
- Website: https://www.raveis.com
/eprop/NS1086548/58emeraldoakslane_ormondbeach_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Michael GradySales Associate
860.416.4482
Michael.Grady@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1014636
860.463.1745
Russell.Baboff@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
58 EMERALD OAKS LANE, Ormond Beach, FL, 32174
$899,000
Michael Grady
Sales Associate
William Raveis Real Estate
Phone: 860.416.4482
Michael.Grady@raveis.com
Russell Baboff
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.203% |
| Monthly Tax Payment | $601 | $601 | $601 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,254 | $4,370 | $6,069 |
| Total Monthly Payment | $4,947 | $5,063 | $6,762 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388