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Presented by
Melanie Castilla |
Under contract-accepting backup offers. MOVE INTO YOUR LAKEFRONT RETREAT BEFORE SPRING!!!!! Located on
beautiful Lake Drawdy, an 80-acre spring-fed, recreational playground! The gated,
boutique community of Lake Drawdy Reserve is a RARE FIND in Orlando and includes
28 homes with only 12 lakefront lots. Experience the lake from your own TWO-STORY DOCK with plenty of space for family
and friends to relax. Enjoy all types of fun on the water – from POWERBOATING (INCLUDING WATER-SKIING ON THE PROFESSIONAL SKI COURSE) and JET-SKIING to PADDLEBOARDING and KAYAKING. This 1. 44 ACRE OVER-SIZED LOT provides the OPTIMAL MIX OF PRIVACY AND COMMUNITY. Located in a quaint part of the community with only four homes, it is comfortably set back 100’ from a private road with no across-the-street neighbors. Well-appointed and comfortable, this 5-bedroom, 4-bath, 4773 sq ft home includes ADDITIONAL ROOMS (COVERTIBLE TO BEDROOMS) that maximize flexibility for large families, multi-generational living, and/or comfortable work-from-home arrangements. Includes a tandem FOUR-CAR GARAGE with extensive storage and workshop. EXTENSIVE CUSTOM MILLWORK, MOLDING AND DESIGN DETAILS set this home apart! The backyard is a PRIVATE OASIS featuring extensive landscaping that
provides beauty, shade and privacy. A breathtaking flagstone edged SALTWATER POOL AND JACUZZI provide hours of fun and relaxation. An extensive paver deck features a covered patio with ample space for OUTDOOR DINING AND ENTERTAINING.
Located 6 MILES EAST OF UCF, RESEARCH PARK AND WATERFORD LAKES SHOPPING. Easy driving distance to the SPACE COAST in one direction and DOWNTOWN ORLANDO AND THEME PARKS in the other.
ROOF 8/2024, see UPDATE AND UPGRADE list for more details.
This is more than a home, it’s a lifestyle! Don’t miss your chance to EXPERIENCE
UNIQUE FLORIDA LAKEFRONT LIVING! ENJOY MORE SPACE!! ENJOY MORE OUTDOOR LIVING!! ENJOY SEEING STARS at NIGHT!! Check out this *HOT* East Orlando Area! Home comes with a 30 year transferable structural warrant (through 2033) and is EnergyStar 3. 0 certified = save money on your energy bill!! Some of the energy saving features include Core Fill 500 in the block walls, R-38 ceiling insulation, Radiant Roof Barrier, Low-E double pane windows and Energy Star appliances.
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:
$1,450,000
Sales Associate
William Raveis Real Estate
Phone: 239.234.3526
Melanie.Castilla@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 | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.223% | 6.164% |
| Monthly Tax Payment | $793 | $793 | $793 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,769 | $7,048 | $9,789 |
| Total Monthly Payment | $7,687 | $7,966 | $10,707 |
* 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.