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INVESTOR SPECIAL: High-value improvements have already been completed, including all new wood framing, all new plywood throughout the home, and new tar paper installed for added vapor protection. The property also features all new brand-name windows (Marvin, Andersen, and top storm-grade glass selections), along with a thoughtfully reimagined luxury design layout featuring an open floor plan. Additional upgrades include a newly designed fireplace wall entertainment area, a new wet bar in the living room, open ceilings, and higher doorways that enhance the sense of space throughout.
Positioned to maximize its setting, the home offers approximately 42 feet of uninterrupted visual flow from the front windows through the main living area and out to the kitchen window, framing views of the mature preserve beyond. Situated on approximately subdividable 1. 25 acres, the property includes a partially remodeled home positioned toward the rear of the lot with room for future possibilities.
The rear residence is approximately 70% complete and features a 3 bedroom, 2 bathroom layout with a modern open floor plan and new 2x6 wood framing. The guest bathroom is nearing completion with a spa-inspired design, showcasing large-format luxury tile installed floor to ceiling, a marble shower floor, and new black plumbing fixtures, along with all new plumbing already in place. Interior features include cedar and cypress wood accents, creating warmth and character throughout the living areas.
The living room offers soaring ceilings, the custom fireplace wall, and a wet bar area designed for a coffee or beverage station adjacent to the kitchen. The primary bedroom includes three closets and an expansive bathroom designed with a spa-style layout prepared for glass enclosures.
Each bedroom features cathedral ceilings with cypress wood beams and includes a private exterior door providing direct access to the yard, offering added flexibility and separation of space. Large black windows bring in natural light and showcase views of the surrounding trees and the nature preserve behind the property.
The kitchen layout allows space for a center island overlooking the living room and the preserve beyond.
A grandfathered concrete structure on the property provides additional possibilities and could potentially be converted into a guest space or accessory dwelling unit, subject to local regulations.
The expansive lot offers flexibility for a variety of uses and is surrounded by mature trees with open green space nearby. New development is occurring in the surrounding area, adding to the long-term potential of the location.
Future design plans and some building materials may be included with the sale. This property presents an opportunity to complete an already started renovation project while taking advantage of the large lot and peaceful setting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 |
|
|---|---|---|---|
| Loan Amount | $180,000 | $180,000 | $180,000 |
| 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% | 6.524% | 5.866% |
| Monthly Tax Payment | $122 | $122 | $122 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,078 | $1,123 | $1,483 |
| Total Monthly Payment | $1,275 | $1,320 | $1,680 |
* 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.