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STONE ISLAND ESTATES & WILLOW CREEK LOTS — Volusia County, Florida (±182. 16 Acres Total)
Investors, developers, and builders—this is a rare, multi-parcel offering within the sought-after Stone Island / Willow Creek area, anchored by a build-ready, gated enclave. The assemblage totals approximately 182. 16 acres across three mapped locations, with Location 3 (±34. 23 acres) confirmed as the currently buildable component per Volusia County Planning & Zoning and the Building Division. Location 3 is zoned R-3, allowing a maximum 35’ building height and 1, 000 SF minimum dwelling size, and includes 16 vested estate lots that have been site-prepped with water lines to each site, drainage culverts at lot entrances, and power poles/lines installed throughout. These oversized homesites range from approximately 1. 36 to 3. 09 acres, accessed through a private, gated entry on Willow Trail. The property also lies within the Enterprise Community Overlay Zone, which includes additional streetscape and design standards that should be factored into development budgeting.
Important note on Locations 1 & 2: These areas are not currently buildable due to wetlands, conservation, and related development constraints Location 1 includes lakefront acreage that may offer future potential only through appropriate environmental study, permitting, and any required mitigation (buyer to verify).
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,490,000
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 | $1,192,000 | $1,192,000 | $1,192,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.098% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,768 | $7,147 | $9,898 |
| Total Monthly Payment | $6,893 | $7,272 | $10,023 |
* 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.