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**BUILDER INCENTIVES BEING OFFERED**
Welcome to this beautifully upgraded home with NO CDD, nestled in Lakes of Mount Dora, a sought-after 55+ community known for its vibrant lifestyle and impressive amenities, all centered around a full-service community clubhouse. The St. Thomas floor plan, a thoughtfully designed home highlighted by an primary suite featuring an expansive bedroom, oversized walk-in closet, and a spa-inspired ensuite bath. Two comfortable guest bedrooms and a bright front den offer flexible space for visitors, hobbies, or a home office. At the center of the home, the chef-inspired kitchen is ideal for entertaining, complete with a gourmet gas cooktop, stainless steel hood, built-in wall oven with convection microwave, quartz countertops, and a large island overlooking the main living areas. The open-concept design flows effortlessly into the dining area and great room, enhanced by soaring vaulted ceilings and luxury vinyl plank flooring throughout.
Built by Medallion Homes, this home reflects exceptional attention to detail and quality craftsmanship and is still covered by a builder’s warranty, providing peace of mind.
Lakes of Mount Dora, recognized by Where to Retire Magazine as one of the Top 50 Best Master-Planned Communities in the U. S. , this vibrant 55+ community offers exceptional living with no CDD fees. Residents enjoy an unmatched lifestyle centered around a 18, 000 sq. ft. clubhouse featuring a card room, library, billiards room, craft room, fitness center, and a spacious social hall hosting year-round events and entertainment. Outdoor amenities include a resort-style pool, inviting fire pit, and an impressive lineup of recreational options such as tennis, pickleball, croquet, bocce ball, corn hole, and a softball field. Private golf cart access leads directly to the Country Club of Mount Dora, where residents can enjoy dining and championship golf. A future boat ramp will provide direct access to scenic Loch Leven Lake for gas-powered boats.
The monthly HOA fee also includes secured, fenced storage for boats and RVs, adding exceptional value. Just 10 minutes from historic downtown Mount Dora, you’ll enjoy easy access to award-winning restaurants, charming boutiques, and the area’s beloved small-town atmosphere. Experience the best of comfort, style, and active adult living in this exceptional home, your Lakes of Mount Dora lifestyle begins here!
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:
$524,990
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 | $419,992 | $419,992 | $419,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.522% |
| Monthly Tax Payment | $861 | $861 | $861 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,385 | $2,515 | $3,376 |
| Total Monthly Payment | $3,338 | $3,468 | $4,329 |
* 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.