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Under contract-accepting backup offers. **Build your custom dream home on this exceptional one-acre, buildable lot in the desirable Christmas Park area—offering the tranquility of rural country living with the convenience of nearby Orlando. ** This high and dry property is **is flood zone X** and features **no HOA**, providing flexibility and freedom rarely found so close to the city. Zoned **A-2 Agricultural**, the property allows for either a **single-family residence or a manufactured home**, consistent with neighboring properties, and benefits from **very low annual taxes of approximately $1, 000**. The lot is **partially cleared** and includes an **unpaved driveway with access road**. “Access via a documented, unpaved driveway with an established right-of-way; confirm any maintenance obligations. ” The property measures approximately **114 feet wide by 383 feet deep**, this expansive one-acre parcel offers exceptional privacy and a sense of openness, with quality manufactured and single-family homes already established in the surrounding area—protecting both lifestyle and long-term value. Nature enthusiasts will appreciate the close proximity to the **St. Johns River**, offering boating, recreation, and outdoor exploration. Despite its peaceful setting, the property is conveniently located just **20 minutes from Downtown Titusville or Waterford Lakes Town Center**, and approximately **30 minutes to Orlando International Airport and Downtown Orlando**. Cocoa Beach, Kennedy Space Center, and Orlando’s world-renowned attractions are all within a **40-minute drive**. The property will require a **well and septic system**. School zones include **Wedgefield Elementary, Corner Lake Middle, and East River High School**. Information is deemed reliable but not guaranteed. **An outstanding opportunity to create your ideal home in a serene setting without sacrificing convenience. “Please verify current zoning with the county and confirm any restrictions on manufactured homes. **Buyer to perform their own due diligence; information is deemed reliable but not guaranteed. ”
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Our Executive Mortgage Banker:
Our Insurance Division:
$119,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $95,200 | $95,200 | $95,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.419% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $556 | $586 | $772 |
| Total Monthly Payment | $631 | $661 | $847 |
* 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.