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One or more photo(s) has been virtually staged. Pre-Construction. To be built. PRE-CONSTRUCTION / TO-BE-BUILT – CONSTRUCTION HAS NOT STARTED. This listing represents a proposed home design only and offers two purchase options on a private 5-ACRE homesite in Oviedo: buyers may purchase the LAND ONLY for $619K and build with their own builder, OR work with the CURRENT BUILDER to construct the proposed custom modern estate with the ability to PERSONALIZE layout, finishes, and features prior to construction. The proposed residence is designed as a fortress-style, energy-efficient estate featuring Insulated Concrete Form (ICF) walls and a standing-seam metal roof for exceptional durability, storm resistance, and long-term efficiency, with a planned 6-bedroom, 5-full-bath, 1-half-bath layout that includes a fully self-contained “Grandma’s Suite” cottage with its own kitchen, living area, and dedicated carport—ideal for multi-generational living, guests, or a private office retreat. The conceptual open-floor plan showcases vaulted ceilings and a dramatic great room anchored by an EPA-certified Madison wood-burning stove, along with a planned 1, 400-square-foot unfinished bonus room upstairs, pre-designed to be pre-plumbed for a future bathroom and kitchenette, offering flexibility for a theater, wellness studio, game room, or additional guest space. Additional proposed features include an oversized 1, 400-square-foot 4-car garage, a 575-square-foot covered lanai with tongue-and-groove ceilings and summer kitchen rough-in, three tankless water heaters, an LP gas system servicing the cooktop and dryer and ready for a future summer kitchen, and a prefabricated steel utility building for storage or equipment, all set within a peaceful natural backdrop of uplands and mixed hardwood wetlands and conveniently located near top-rated schools, shopping, dining, and major Central Florida commuter routes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,699,900
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 | $1,359,920 | $1,359,920 | $1,359,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.202% | 6.121% | 6.011% |
| Monthly Tax Payment | $210 | $210 | $210 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,828 | $8,153 | $11,293 |
| Total Monthly Payment | $8,163 | $8,488 | $11,628 |
* 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.