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Welcome to this newly built 2024 single-family home located at 89 Fairway Circle in Umatilla, situated within an intimate 55+ community of fewer than 40 homes, offering a quiet and private residential setting. This modern residence features 4 bedrooms, 2 bathrooms, and approximately 1, 562 square feet of thoughtfully designed living space, positioned on a spacious lot of over 10, 000 square feet. Inside, the home features a bright and open-concept floor plan that seamlessly connects the living, dining, and kitchen areas, creating an ideal space for both entertaining and everyday living. Large windows allow natural light to flow throughout the home, enhancing the open feel of the main living areas. The kitchen is designed with both style and functionality in mind, featuring modern cabinetry, stainless steel appliances, and ample counter space while remaining open to the main living and dining areas. The primary suite offers a comfortable and private retreat with a spacious bedroom, private bathroom, and generous closet space. Three additional bedrooms provide flexibility for guests, a home office, or additional living space. High ceilings throughout the home contribute to the bright and spacious feel of the interior. Additional features include ceiling fans, an interior laundry area, and a two-car attached garage with convenient access to the main living areas. Outside, the property sits on a lot offering plenty of space for outdoor living, gardening, or enjoying the Florida lifestyle. The expansive yard provides room for outdoor activities while maintaining a sense of privacy. Located in Umatilla in Lake County, the home offers convenient access to local schools, parks, and nearby lakes, while still being within a short drive to Mount Dora, Eustis, and the greater Orlando area. With its modern construction, spacious layout, and location within a small and peaceful 55+ community, this property offers a unique opportunity for buyers seeking low-density living in Central Florida. Schedule your private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
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 |
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|---|---|---|---|
| Loan Amount | $320,000 | $320,000 | $320,000 |
| 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 | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $63 | $63 | $63 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,919 | $1,996 | $2,636 |
| Total Monthly Payment | $2,057 | $2,134 | $2,774 |
* 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.