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**You can purchase this home with NO INCOME VERIFICATION NEEDED--> ADDED BONUS SELLER IS WILLING TO CONTRIBUTE UP TO $10, 000 TOWARD THE BUYER'S CLOSING COSTS & OR PREPAIDS WITH AN ACCEPTABLE OFFER** BONUS SUITE WITH PRIVATE ENTRANCE | SALTWATER POOL | FULLY RENOVATED | NO HOA
407 Forest Road isn't just a home — it's a lifestyle upgrade in one of Central Florida's most charming towns.
The standout feature: a PRIVATE BONUS SUITE with its own independent entrance and double glass French doors — perfect as an in-law suite, income-producing guest retreat, or home office completely separate from the main living space. Whether you're housing family, hosting snowbird guests, or generating Airbnb income, this flexibility is rare at any price.
The main home delivers a complete, high-end renovation — no shortcuts. Luxury laminate flooring throughout, a stone wood-burning fireplace, and a fully updated kitchen with quartz countertops, quartz island, Samsung stainless steel appliances, and soft-close cabinetry. The pass-through window above the kitchen sink opens directly to the covered patio — seamless indoor-outdoor living at its best.
The primary suite is a private retreat: spa-inspired bathroom with matte black fixtures, oversized walk-in shower with wood-look tile, and direct access to a private outdoor deck and the pool.
Out back — a six-foot-deep saltwater pool, covered paver patio, storage shed, and a brand-new pump and salt system. The circular driveway offers generous open parking with a beautifully landscaped approach beneath mature oaks.
Major systems all updated: new AC/HVAC, new windows throughout, 2023 water heater, and a 2017 roof.
And the location? Steps from Lake Gertrude, minutes from the Harris Chain of Lakes, and a short drive to the cobblestone streets and festivals of historic downtown Mount Dora — where life genuinely moves at a better pace.
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:
$599,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,920 | $479,920 | $479,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.650% | 5.866% |
| Monthly Tax Payment | $511 | $511 | $511 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,916 | $3,033 | $3,953 |
| Total Monthly Payment | $3,519 | $3,636 | $4,556 |
* 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.