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Welcome to 502 Timber Run Lane! This 3 Bedroom 2 Bath home is located in the established Village Estates community in Groveland. The home has no rear neighbors and a spacious fenced in yard. Enjoy the . 25-acre lot and the huge backyard. Perfect for nature lovers - and you’ll truly enjoy the peaceful scenery. NO CARPETS and LOW HOA! It also features a paid-for Tesla Solar Panels (need connecting) equipped with Power Wall Generator and a tankless water heater. As you enter the home, you’ll notice a bright open space and vaulted ceilings. The split bedroom floor plan is ideal as a starter home, a vacation home or an investment property! The kitchen boasts subway tiles, newly painted cabinets, expanded and refreshed/refurbished pantry and island placement for additional counter space and storage. The master bedroom is just adjacent to the kitchen that’s well appointed to have the best view of the back of the property. You’ll appreciate the master bathroom updates here with floor to ceiling tiles in the shower, built-in bench and Rainfall shower-head with wand. A freestanding tub to enjoy after a long day’s work. You’ll appreciate the updated light fixtures, vanities and cabinets. The secondary bedrooms are located on the other side of the home. The back room has BRAND NEW FLOORING (laminate) installed May 2026. Enjoy the beautiful view from this room. The third bedroom has laminate flooring as well, perfect as a guest room or office. Secondary bathroom is just between the two bedrooms. The screened-in 16X10 covered patio is perfect for privacy. You’ll never want to leave home! Easy access to HWY 50, several dining and shopping spots, nearby schools and all lifestyle activities Lake County offers. You’ll love living here. Come see all that makes this home so special!
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Our Executive Mortgage Banker:
Our Insurance Division:
$329,900
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 | $263,920 | $263,920 | $263,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $314 | $314 | $314 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,625 | $1,666 | $2,192 |
| Total Monthly Payment | $2,014 | $2,055 | $2,581 |
* 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.