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Located in the gated Community of Bear Lakes Estates in West Palm Beach, this rare opportunity is nestled within the prestigious Bear Lakes Country Club & Golf Course, one of two Jack Nicklaus-designed courses at Bear Lakes Country Club. Enjoy the exclusivity of this sought-after community with no mandatory club membership required and low HOA fees.
This spacious one-story residence offers 4 bedrooms, 3 bathrooms, and 2, 460 square feet of interior living space, expanding to an impressive 3, 318 square feet of covered outdoor living. With solid bones and major upgrades already in place—including a roof 2013, impact windows and doors plus accordion shutters, a Kohler whole-house generator, and an ADT security system with cameras—this home is ready for your vision and personal touch. Inside, you'll find a traditional layout featuring an open kitchen, family room, living room, dining room, and cabana bath, all overlooking a screened-in pool and expansive covered patioperfect for creating the ultimate Florida indoor-outdoor lifestyle. The home is ready for remodeling, offering endless possibilities to customize and design to your taste.
Additional features include a 2-car garage and circular driveway, providing ample parking and great curb appeal.
Bear Lakes Estates residents enjoy community amenities such as basketball courts and bike trails. While membership is not mandatory, Bear Lakes Country Club offers optional membership with access to two world-class Jack Nicklaus Signature golf courses, a state-of-the-art practice facility, premier tennis programs, and exceptional dining within a modern clubhouse delivering private club living with flexible options.
Ideally located just minutes from fine dining, shopping, PBI Airport, Downtown CityPlace, and the beautiful Palm Beaches.
A prime opportunity to renovate and create your dream home in one of West Palm Beach's most desirable gated golf communities.
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$1,555,000
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 | $1,244,000 | $1,244,000 | $1,244,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $664 | $664 | $664 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,458 | $7,660 | $10,498 |
| Total Monthly Payment | $8,247 | $8,449 | $11,287 |
* 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.