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Why pay over a Million Dollars for water property, when this home has many things added and ready for you to enjoy! Tucked away at the end of a quiet cul-de-sac in the gated waterfront community of Cypress Creek Estates, this beautifully maintained home now stands out as one of the best values in the neighborhood, currently the lowest priced home in the community. Set on an expansive 1. 03-acre waterfront lot with its own private fishing dock, the property offers 4 bedrooms, 3 full bathrooms, and just under 3, 000 square feet of living space, surrounded by peaceful lake views, also known locally as a bayou off the Manatee River, and mature Florida landscape. Recent updates provide both comfort and peace of mind, including impact windows, a NEW 5-ton HVAC system, NEW water heater, NEW flooring throughout with absolutely NO CARPET, updated fans, garage floor coating, a new garage opener and motor coils, along with most kitchen appliances replaced within the past three years, making this home truly move-in ready. Inside, soaring vaulted ceilings accented by wood beams create an immediate focal point in the main living area. Natural light fills the space through large sliding glass doors that showcase tranquil water views and open to the screened lanai, creating an easy flow for everyday living and entertaining. A stone fireplace adds warmth and character to the living room, while the kitchen features granite countertops, stainless steel appliances, and generous cabinetry, all opening seamlessly to the main living areas. A bright breakfast nook is surrounded by windows overlooking the water. The main portion of the home includes three bedrooms and two full bathrooms, including a spacious primary suite with water views and an updated en-suite bath with dual vanities and a walk-in shower. An attached bonus living area offers exceptional flexibility with a secondary primary suite, full bathroom, and an additional bonus room currently used as an office. With its own private exterior entrance, this space is ideal for guests, extended family, or multi-generational living. Additional bedrooms and a den or flex space provide even more versatility for work or hobbies. The oversized laundry room adds functionality and includes a queen-size Murphy bed for added guest accommodations. Outdoors, the screened lanai and private dock create a peaceful setting to relax, fish, or enjoy the natural surroundings. The expansive homesite, mature landscaping, and cul-de-sac location offer a level of space that is increasingly rare. Throughout the seller’s ownership, the community has not experienced flooding, adding confidence to this waterfront setting. Cypress Creek Estates is known for its winding streets, large homesites, and natural beauty, all while remaining conveniently close to shopping, dining, and everyday essentials including Costco, Target, and a growing number of nearby restaurants and shops. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. **
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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 |
|
|---|---|---|---|
| Loan Amount | $581,600 | $581,600 | $581,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $550 | $550 | $550 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,483 | $3,628 | $4,791 |
| Total Monthly Payment | $4,125 | $4,270 | $5,433 |
* 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.