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Tucked away at 488 Polihale Way, this stunning 3-bedroom, 2-bath home offers an unbeatable combination of modern upgrades, unrivaled privacy, and an enviable location. Built in 2024, this rare gem is one of the only new construction homes in the sought-after Lely area priced under $600k.
Step inside to discover high-end details, including luxurious after-market vinyl plank flooring, upgraded hardware and plumbing throughout, and sleek West Elm lighting that adds a designer touch. Every inch of this home has been thoughtfully upgraded for style and function.
But what truly sets this property apart is its long-term investment potential. Located just 8 minutes from the exciting, planned development at Santa Barbara and Davis, you'll soon enjoy the convenience of a brand-new Costco, Whole Foods, and an upscale shopping center. All positioned to enhance both your lifestyle and property value. This area is on the verge of a transformation that promises to elevate the community's appeal while securing your investment in an area primed for growth.
The magic doesn't stop there. Positioned on a unique lot with a 60-foot setback, this is the only home on the street with no direct neighbors, offering unparalleled privacy. The fully fenced-in yard boasts western exposure, so you can unwind with breathtaking sunsets every evening. And with the home backing up to a utility easement, you'll have the peace of mind knowing that no one can ever build behind you. Leaving your partial lake views and lush landscaped surroundings intact.
Nestled near the back of the community, this home offers a quiet, neighborly atmosphere with no through traffic to disrupt the tranquility. There's also ample space to bring your outdoor vision to life. Pool, a garden oasis, or whatever your heart desires.
They say you can change your fixtures, but not your location. And with a lot like this in a community on the rise, you've truly found the best of both worlds. Don’t miss your opportunity to own this one-of-a-kind home that blends modern convenience, serene living, and incredible future potential. Schedule your showing today!
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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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.730% |
| Monthly Tax Payment | $529 | $529 | $529 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,870 | $2,990 | $3,913 |
| Total Monthly Payment | $3,491 | $3,611 | $4,534 |
* 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.