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Set on a prime 1. 6-acre homesite along one of the most desirable streets within the prestigious gated community of Steeplechase, this exceptional property offers a rare investment opportunity to build a custom dream home in the heart of Palm Beach County. Surrounded by newer luxury estates and lush landscaping, the expansive pie-shaped lot provides the perfect canvas to design a private residence tailored to your vision, with plenty of room for a resort-style backyard, pool, and outdoor entertaining areas. With the average lot in Steeplechase around one acre, this generous 1. 6-acre parcel stands out as a true hidden gem offering privacy, space, and long-term potential within one of the area's most exclusive communities. The home welcomes you with a dedicated foyer, highlighted by a striking stone accent wall that sets the tone for the character found throughout the interior. The kitchen is both functional and inviting, offering warm wood cabinetry, granite countertops with matching backsplash, and a stainless-steel refrigerator and oven. A window above the sink overlooks the porch and pool area, bringing in natural light and views of the outdoor living space. The kitchen also includes a cozy breakfast area and flows seamlessly into the family room, where a beautiful stone fireplace and built-in shelving create a comfortable gathering space. Sliding glass doors open to a covered patio and screened pool, blending indoor and outdoor living. The spacious great room impresses with vaulted wood ceilings and rich wood flooring, creating an open layout that easily accommodates both living and dining areas. Upstairs, the generously sized primary suite offers a peaceful retreat, complete with glass doors leading to a large, covered balcony overlooking the property. The home also offers abundant storage throughout, along with a large, covered porch featuring a wood ceiling that enhances the warm, inviting feel. Residents of Steeplechase enjoy the privacy of a gated community with relatively low HOA fees for such a prestigious neighborhood. Ideally located near Florida's Turnpike, the property also provides convenient access to nearby parks, golf courses, dining, shopping, and entertainment. This property presents an outstanding opportunity to enjoy space, privacy, and lifestyle while building your vision in one of Palm Beach County's most sought-after communities.
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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 | $1,516,000 | $1,516,000 | $1,516,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.499% | 6.309% |
| Monthly Tax Payment | $577 | $577 | $577 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,211 | $9,458 | $12,895 |
| Total Monthly Payment | $9,913 | $10,160 | $13,597 |
* 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.