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Welcome to an exceptional 5+ acre homesite on highly desirable Deer Park Ave in Eustis, one of the last remaining vacant tracts in an established enclave of estate-caliber custom residences, many exceeding $1, 000, 000 in value. This property offers the flexibility today’s buyers want: no HOA, no required timeframe to build, and bring your own builder. Deed restrictions maintain the integrity of the neighborhood, allowing one dwelling per lot with a minimum of 1, 500 square feet of living area and a minimum two-car garage (attached or detached). Barns and stables are permitted. Manufactured homes are not allowed. Approximately 2. 7 acres are protected by a conservation easement, preserving natural views and providing a habitat for native wildlife, leaving plenty of room to build. The property sits at the end of Deer Park Ave and directly borders the Lake Norris Conservation Area, managed by St. Johns River Water Management District. This adjacency ensures privacy and peace of mind, no future development behind you. Deer, turkey, and other wildlife are frequent visitors, enhancing the tranquil, Old Florida setting. Despite its private, rural atmosphere, the location remains highly convenient: 8 miles (12 minutes) to Publix shopping center, 9 miles (14 minutes) to US Hwy 441 with dining and retail, 12 miles (20 minutes) to downtown Mount Dora. A rare opportunity to build your custom home in a protected natural setting while remaining close to everyday amenities. If you’ve been searching for acreage, privacy, and long-term value stability, this Deer Park Ave tract delivers. Lender & Builder referrals available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,900
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 | $279,920 | $279,920 | $279,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,678 | $1,746 | $2,306 |
| Total Monthly Payment | $1,753 | $1,821 | $2,381 |
* 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.