|
Under contract-accepting backup offers. Enjoy the ultimate lakefront lifestyle on this 1. 3-acre waterfront homesite with 96 feet of direct frontage on Lake Wood in the Keystone area of Odessa, a ski lake, perfect for boating, waterskiing, fishing, paddleboarding, or simply relaxing by the water. This property offers endless opportunities for BUILDERS and HOMEOWNERS to create a custom lakefront retreat where every day feels like a vacation. Included in the sale is a 5, 200 square-foot custom home plan, thoughtfully designed allowing a buyer to move forward and bring their vision to life. This custom plan has been carefully designed to complement the lot’s generous width, natural surroundings, and expansive lake views. The layout maximizes indoor-outdoor living, positions main living areas to capture panoramic water views, and allows for seamless flow to outdoor entertaining spaces—perfect for embracing the lakefront lifestyle. Plans are awaiting buyer permitting, offering flexibility to personalize finishes or make adjustments. In addition, a survey is available, outlining property boundaries and dimensions, allowing buyers and builders to plan, permit, and position the home with confidence while maximizing lake views and outdoor living spaces. Whether you’re planning a luxury primary residence, weekend getaway, or generational lake house, this property delivers the ideal foundation. Enjoy the freedom of NO HOA and NO CDD, giving you flexibility to build and live your way. With ample acreage and breathtaking waterfront, this is a rare opportunity to create a true lakefront sanctuary. This lot is located in the desirable Steinbrenner School District. The surrounding area offers an exceptional lifestyle with everything you need close by. Residents enjoy convenient access to shopping, a variety of dining options from casual to fine restaurants, and top-rated medical facilities just minutes away. Recreational amenities abound, including nearby parks, golf courses, and local entertainment venues, while city attractions, cultural destinations, and beaches are all within easy reach, making both daily life and weekend adventures effortless.
This rare Odessa lakefront property combines prime location, design-ready potential, and lifestyle amenities, perfect for creating a personalized lakefront sanctuary.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.132% | 5.396% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,430 | $2,635 | $3,508 |
| Total Monthly Payment | $2,522 | $2,727 | $3,600 |
* 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.